Business First Bancshares, Inc. logo BFST - Business First Bancshares, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $32.33 DETAILS
HIGH: $33.00
LOW: $31.00
MEDIAN: $33.00
CONSENSUS: $32.33
UPSIDE: 16.13%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue 511.9 457.7 385.6 264.1 203.1 168.8 112.6 84.0 57.2 48.8 41.8 24.6 25.7 22.8
Cost of Revenue 200.1 198.3 142.7 47.4 24.6 33.5 25.9 16.4 11.5 7.0 5.7 0 0 0
Gross Profit 311.9 259.5 242.9 216.7 178.5 135.2 86.7 67.6 45.8 41.8 36.1 24.6 25.7 22.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 130.8 111.9 98.3 91.8 70.4 65.7 39.6 31.4 24.9 22.9 18.7 14.2 13.8 13.6
Other Expenses 67.6 64.5 54.0 56.3 43.5 32.8 17.3 18.9 11.9 12.2 11.8 0 0 0
Operating Expenses 198.4 176.4 152.4 148.1 114.0 98.5 56.9 50.2 36.8 35.1 30.5 19.2 20.1 18.3
Operating Income
Operating Income 113.4 83.1 90.6 68.6 64.6 36.8 29.9 17.4 9.0 6.7 5.6 5.4 5.6 4.5
Interest Expense 191.8 187.4 138.2 36.5 16.6 22.1 23.3 14.0 7.2 5.8 4.5 0 0 0
Interest Income 465.0 414.8 353.3 236.1 170.4 149.8 103.5 76.2 51.6 43.4 38.6 0 0 0
Profitability
EBITDA 119.1 88.3 95.3 73.4 68.7 39.9 31.4 18.5 10.1 8.0 6.8 6.2 (0.3) 0.1
EBIT 113.4 83.1 90.6 68.6 64.6 36.8 29.9 17.4 9.0 6.7 5.6 5.4 5.6 4.5
Income Before Tax 110.3 83.1 90.6 68.6 64.6 36.8 29.9 17.4 9.0 6.7 5.6 5.4 5.6 4.5
Income Tax Expense 22.4 17.9 19.5 14.3 12.4 6.8 6.1 3.3 4.1 1.6 1.5 1.4 1.0 0.9
Net Income 87.9 65.1 71.0 54.3 52.1 30.0 23.8 14.1 4.8 5.1 4.1 4.0 4.3 3.8
Per Share Data
EPS (Basic) 2.79 2.27 2.62 2.34 2.54 1.65 1.79 1.27 0.70 0.74 0.58 0.72 0.77 0.68
EPS (Diluted) 2.78 2.26 2.59 2.32 2.53 1.64 1.74 1.22 0.70 0.74 0.58 0.72 0.77 0.68
Shares Outstanding 29.5 26.3 25.1 22.6 20.5 18.2 13.3 11.1 11.5 6.9 6.9 5.6 5.5 5.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 411.2 319.1 226.1 152.7 68.4 149.1 89.4 96.1 107.6 42.2
Short-Term Investments 590.9 28.7 879.6 890.8 1,021.1 640.6 278.2 309.5 179.1 198.3
Net Receivables 38.5 35.9 29.9 25.7 19.6 23.9 8.0 8.2 4.1 3.4
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0
Total Current Assets 1,040.6 383.6 1,135.6 1,069.2 1,109.0 813.6 375.6 413.8 290.8 243.9
Non-Current Assets
Property, Plant & Equipment 74.0 82.0 69.5 63.2 58.2 58.6 29.3 15.1 8.8 9.3
Goodwill 121.1 121.6 88.4 88.5 59.9 53.9 48.5 49.5 6.8 6.8
Intangible Assets 14.5 17.3 11.9 14.0 12.2 9.7 6.7 7.9 2.0 2.3
Long-Term Investments 6,186.0 6,833.3 4,987.1 4,605.8 3,178.3 2,983.0 1,711.0 1,526.6 975.3 809.1
Other Non-Current Assets 758.1 389.8 264.7 118.6 300.0 235.7 100.7 78.2 34.4 34.5
Total Non-Current Assets 7,174.1 7,473.5 5,449.0 4,921.3 3,617.3 3,346.7 1,898.2 1,681.1 1,030.4 861.9
Total Assets 8,214.7 7,857.1 6,584.6 5,990.5 4,726.4 4,160.4 2,273.8 2,094.9 1,321.3 1,105.8
Current Liabilities
Account Payables 4.2 6.0 14.8 2.1 1.4 2.5 1.5 1.4 0.9 0.9
Short-Term Debt 278.8 22.6 18.9 34.3 19.1 26.8 68.0 12.2 2.8 3.6
Deferred Revenue 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 6,698.6 6,511.3 5,248.8 4,820.3 4,077.3 3,616.7 1,782.0 1,733.9 1,055.5 932.8
Total Current Liabilities 6,981.6 6,539.9 5,282.5 4,856.7 4,097.8 3,646.0 1,851.5 1,747.5 1,059.2 937.3
Non-Current Liabilities
Long-Term Debt 272.5 460.6 616.2 525.8 168.4 79.1 118 80 77.7 50.1
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 63.7 57.1 41.6 27.4 26.8 25.2 19.2 7.3 4.4 4.9
Total Non-Current Liabilities 336.3 517.7 657.8 553.3 195.2 104.4 137.2 87.3 82.1 55.0
Total Liabilities 7,317.9 7,057.6 5,940.3 5,410.0 4,293.0 3,750.4 1,988.7 1,834.8 1,141.3 992.3
Stockholders' Equity
Common Stock 29.5 29.6 25.4 25.1 20.4 20.6 13.3 13.2 10.2 6.9
Retained Earnings 326.6 261.0 216.1 164.0 121.9 79.2 56.7 38.0 27.2 23.8
Accumulated Other Comprehensive Income (33.3) (63.0) (66.6) (74.2) (1.2) 10.6 2.6 (3.5) (1.6) (2.3)
Total Stockholders' Equity 896.9 799.5 644.3 580.5 433.4 410.0 285.1 260.1 179.9 113.6
Total Liabilities & Equity 8,214.7 7,857.1 6,584.6 5,990.5 4,726.4 4,160.4 2,273.8 2,094.9 1,321.3 1,105.8
Debt Metrics
Total Debt 551.4 483.3 635.1 560.1 187.6 106.0 186.0 92.2 80.5 53.6
Net Debt 140.2 164.2 409.0 407.4 119.2 (43.1) 96.6 (3.8) (27.1) 11.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 87.9 65.1 71.0 54.3 52.1 30.0 23.8 14.1 4.8 5.1
Depreciation & Amortization 5.7 5.3 4.7 4.8 4.2 3.2 1.6 1.2 1.2 1.3
Stock-Based Compensation 5.8 3.0 4.0 3.7 2.9 2.5 1.1 1.0 (0.1) 0.5
Change in Working Capital (8.6) (14.0) 18.3 3.0 1.2 (11.7) (1.5) 0.7 (2.0) 0.1
Other Non-Cash Items 0.1 3.0 (3.5) 5.2 (4.5) 5.5 (0.9) 2.7 0.8 0.2
Operating Cash Flow 92.1 61.4 92.4 69.6 56.4 29.3 24.4 19.3 8.0 8.2
Investing Activities
Capital Expenditure (0.1) (1.6) (11.6) (7.8) (4.0) (3.0) (4.0) (0.9) (0.5) (1.4)
Acquisitions 0 96.8 (14.5) 163.5 (21.0) 106 (17.4) (9.1) 0 0
Purchases of Investments (687.9) (109.2) (146.6) (125.5) (532.5) (234.2) (30.3) (17.3) (11.0) (46.8)
Sales/Maturities of Investments 629.1 110.3 167.3 144.3 128.9 149.2 66.1 48.3 27.7 54.5
Other Investing Activities (222.8) (391.3) (515.6) (875.0) (246.8) (493.3) (206.7) (191.2) (169.6) (39.6)
Investing Cash Flow (281.5) (294.9) (521.1) (700.5) (675.4) (475.3) (192.3) (170.3) (153.4) (33.3)
Financing Activities
Net Debt Issuance 69.0 (177.5) 92.2 327.2 80.5 (89.6) 38 (3.6) 28.3 (0.5)
Stock Repurchased (3.7) (0.0) 0 0 (10.9) (5.8) (2.6) 0 (0.0) (0.9)
Dividends Paid (22.2) (20.3) (18.1) (12.2) (9.4) (7.5) (5.1) (3.3) (1.8) (1.1)
Other Financing Activities 238.5 524.3 427.9 279.9 474.4 605.3 130.0 118.7 122.0 28.9
Financing Cash Flow 281.5 326.5 502.1 715.3 538.2 505.7 161.2 139.5 210.9 26.5
Cash Position
Net Change in Cash 92.1 93.0 73.4 84.4 (80.8) 59.8 (6.7) (11.5) 65.4 1.3
Cash at Beginning 319.1 226.1 152.7 68.4 149.1 89.4 96.1 107.6 42.2 40.9
Cash at End 411.2 319.1 226.1 152.7 68.4 149.1 89.4 96.1 107.6 42.2
Free Cash Flow 92.1 59.8 80.8 61.8 52.5 26.4 20.5 18.4 7.5 6.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Income Statement
Revenue 511.9 457.7 385.6 264.1 203.1 168.8 112.6 84.0 57.2 48.8 41.8 24.6 25.7 22.8
Gross Profit 311.9 259.5 242.9 216.7 178.5 135.2 86.7 67.6 45.8 41.8 36.1 24.6 25.7 22.8
Operating Income 113.4 83.1 90.6 68.6 64.6 36.8 29.9 17.4 9.0 6.7 5.6 5.4 5.6 4.5
Net Income 87.9 65.1 71.0 54.3 52.1 30.0 23.8 14.1 4.8 5.1 4.1 4.0 4.3 3.8
EPS (Diluted) 2.78 2.26 2.59 2.32 2.53 1.64 1.74 1.22 0.70 0.74 0.58 0.72 0.77 0.68
Balance Sheet
Cash & Equivalents 411.2 319.1 226.1 152.7 68.4 149.1 89.4 96.1 107.6 42.2
Total Assets 8,214.7 7,857.1 6,584.6 5,990.5 4,726.4 4,160.4 2,273.8 2,094.9 1,321.3 1,105.8
Total Debt 551.4 483.3 635.1 560.1 187.6 106.0 186.0 92.2 80.5 53.6
Stockholders' Equity 896.9 799.5 644.3 580.5 433.4 410.0 285.1 260.1 179.9 113.6
Cash Flow
Operating Cash Flow 92.1 61.4 92.4 69.6 56.4 29.3 24.4 19.3 8.0 8.2
Capital Expenditure (0.1) (1.6) (11.6) (7.8) (4.0) (3.0) (4.0) (0.9) (0.5) (1.4)
Free Cash Flow 92.1 59.8 80.8 61.8 52.5 26.4 20.5 18.4 7.5 6.8