Business First Bancshares Q3 net income rises

Business First Bancshares

23/10/2025 21:32

Overview

Business First Q3 net income rises to $21.5 mln, EPS at $0.73

Company increases quarterly common dividend to $0.15 per share

Successful conversion of Oakwood Bank systems completed

Outlook

Company focuses on operational execution and M&A projects for future performance improvement

Result Drivers

OAKWOOD CONVERSION - Successful conversion of Oakwood Bank systems onto Business First's platform completed in September 2025

STABLE NET INTEREST INCOME - Net interest income increased to $69.3 mln, with net interest margin stable at 3.68%

SECURITIES PORTFOLIO GROWTH - Securities portfolio increased by $59.5 mln, driven by purchases of mortgage-backed securities and fair value adjustments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.73
Q3 Adjusted Net Income
$21.20 mln
Q3 Net Interest Income
$69.30 mln
Q3 Loan Loss Provision
$1.63 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Business First Bancshares Inc is $30.50, about 23.6% above its October 21 closing price of $23.31

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNXbW2Zm

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)