Business First Bancshares, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Business First Bancshares, Inc. reported net income of $87.9M (+34.9% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest and Fees on Loans | $419.2M | $374.6M | $323.3M | $218.0M |
| Interest and Dividends on Non-taxable Securities | $6.9M | $4.3M | $4.3M | $4.1M |
| Interest and Dividends on Taxable Securities | $22.1M | $21.0M | $15.8M | $12.4M |
| Interest on Federal Funds Sold and Due From Banks | $16.8M | $14.9M | $9.9M | $1.6M |
| Total Interest Income | $465.0M | $414.8M | $353.3M | $236.1M |
| Interest on Deposits | $168.9M | $165.1M | $106.9M | $24.4M |
| Interest on Borrowings | $22.9M | $22.3M | $31.3M | $12.1M |
| Total Interest Expense | $191.8M | $187.4M | $138.2M | $36.5M |
| Net Interest Income | $273.2M | $227.4M | $215.1M | $199.6M |
| Provision for Credit Losses | $11.3M | $10.9M | $4.5M | — |
| Net Interest Income after Provision for Credit Losses | $261.8M | $216.5M | $210.6M | $188.7M |
| Service Charges on Deposit Accounts | $10.7M | $10.6M | $9.7M | $8.3M |
| Gain (Loss) on Sales of Securities | $64.0K | $7.0K | ($2.6M) | ($48.0K) |
| Gain on Sales of Loans | $3.4M | $3.0M | $2.0M | $574.0K |
| Other Income | $37.3M | $30.6M | $27.5M | $20.5M |
| Total Other Income | $51.5M | $44.2M | $36.6M | $29.3M |
| Salaries and Employee Benefits | $115.9M | $103.9M | $90.6M | $85.2M |
| Occupancy and Equipment Expense | $28.6M | $24.0M | $20.9M | $19.4M |
| Other Expenses | $58.6M | $49.7M | $45.2M | $44.8M |
| Total Other Expenses | $203.1M | $177.7M | $156.7M | $149.4M |
| Income Before Income Taxes | $110.3M | $83.1M | $90.6M | $68.6M |
| Provision for Income Taxes | $22.4M | $17.9M | $19.5M | $14.3M |
| Net Income | $87.9M | $65.1M | $71.0M | $54.3M |
| Preferred Stock Dividends | $5.4M | $5.4M | $5.4M | $1.4M |
| Net Income Available to Common Shareholders | $82.5M | $59.7M | $65.6M | $52.9M |
| Basic (in dollars per share) | $2.81 | $2.27 | $2.62 | $2.34 |
| Diluted (in dollars per share) | $2.79 | $2.26 | $2.59 | $2.32 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest and Fees on Loans | $111.8M | $109.1M | $106.7M | $104.0M |
| Interest and Dividends on Non-taxable Securities | $1.8M | $1.8M | $2.9M | $1.0M |
| Interest and Dividends on Taxable Securities | $7.3M | $6.7M | $4.6M | $5.9M |
| Interest on Federal Funds Sold and Due From Banks | $4.8M | $4.9M | $4.5M | $3.9M |
| Total Interest Income | $125.7M | $122.5M | $118.7M | $114.8M |
| Interest on Deposits | $41.3M | $42.8M | $43.4M | $41.5M |
| Interest on Borrowings | $6.6M | $4.5M | $6.1M | $6.3M |
| Total Interest Expense | $47.8M | $47.3M | $49.4M | $47.8M |
| Net Interest Income | $77.8M | $75.2M | $69.3M | $67.0M |
| Provision for Credit Losses | $2.0M | $2.3M | $3.2M | $2.2M |
| Net Interest Income after Provision for Credit Losses | $75.9M | $72.9M | $66.1M | $64.8M |
| Service Charges on Deposit Accounts | $3.2M | $3.1M | $2.6M | $2.6M |
| Gain (Loss) on Sales of Securities | ($6.0K) | $80.0K | $77.0K | ($47.0K) |
| Gain on Sales of Loans | $1.6M | $1.3M | $624.0K | $781.0K |
| Other Income | $9.2M | $9.5M | $8.4M | $11.0M |
| Total Other Income | $14.0M | $14.1M | $11.7M | $14.4M |
| Salaries and Employee Benefits | $33.1M | $33.0M | $27.6M | $28.3M |
| Occupancy and Equipment Expense | $8.3M | $8.1M | $7.3M | $7.2M |
| Merger and Conversion-Related Expense | $303.0K | $1.4M | — | — |
| Other Expenses | $17.8M | $14.9M | $14.0M | $15.7M |
| Total Other Expenses | $59.5M | $57.5M | $48.9M | $51.2M |
| Income Before Income Taxes | $30.3M | $29.5M | $28.9M | $28.0M |
| Provision for Income Taxes | $6.1M | $5.9M | $6.0M | $5.9M |
| Net Income | $24.2M | $23.6M | $22.9M | $22.1M |
| Preferred Stock Dividends | $1.4M | $1.4M | $1.4M | $1.4M |
| Net Income Available to Common Shareholders | $22.8M | $22.2M | $21.5M | $20.8M |
| Basic (in dollars per share) | $0.70 | $0.68 | $0.73 | $0.70 |
| Diluted (in dollars per share) | $0.70 | $0.68 | $0.73 | $0.70 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and Due from Banks | $411.2M | $319.1M | $226.1M | $152.7M |
| Federal Funds Sold | $172.4M | $197.7M | $151.1M | $15.6M |
| Securities Purchased Under Agreements to Resell | $25.6M | $50.8M | — | — |
| Securities Available for Sale, at Fair Values (Amortized Cost of $1,031,432 at December 31, 2025 and $973,423 at December 31, 2024) | $989.2M | $893.5M | — | — |
| Mortgage Loans Held for Sale | $1.1M | $717.0K | $835.0K | $304.0K |
| Loans and Lease Receivable, Net of Allowance for Loan Losses of $53,959 and $54,840 at December 31, 2025 and 2024, respectively | $6.1B | $5.9B | — | — |
| Premises and Equipment, Net | $74.0M | $82.0M | $69.5M | $63.2M |
| Accrued Interest Receivable | $38.5M | $35.9M | $29.9M | $25.7M |
| Other Equity Securities | $49.3M | $41.1M | $33.9M | $37.5M |
| Other Real Estate Owned | $13.0M | $5.5M | $1.7M | $1.4M |
| Cash Value of Life Insurance | $120.3M | $117.6M | $96.5M | $92.0M |
| Deferred Taxes | $20.5M | $29.6M | $27.3M | $31.2M |
| Goodwill | $121.1M | $121.6M | $88.4M | $88.5M |
| Core Deposit and Customer Intangible | $14.5M | $17.3M | $11.9M | $14.0M |
| Other Assets | $28.5M | $18.1M | $15.4M | $9.6M |
| Total Assets | $8.2B | $7.9B | $6.6B | $6.0B |
| Noninterest Bearing | $1.3B | $1.4B | $1.3B | $1.5B |
| Interest Bearing | $5.4B | $5.2B | $3.9B | $3.3B |
| Total Deposits | $6.7B | $6.5B | $5.2B | $4.8B |
| Securities Sold Under Agreements to Repurchase | $22.6M | $22.6M | $18.9M | $20.2M |
| Federal Home Loan Bank Borrowings | $431.2M | $355.9M | $211.2M | $410.1M |
| Subordinated Debt | $92.5M | $99.8M | $100.0M | $110.7M |
| Subordinated Debt - Trust Preferred Securities | $5.0M | $5.0M | $5.0M | $5.0M |
| Accrued Interest Payable | $4.2M | $6.0M | $14.8M | $2.1M |
| Other Liabilities | $63.7M | $57.1M | $41.6M | $27.4M |
| Total Liabilities | $7.3B | $7.1B | $5.9B | $5.4B |
| Preferred Stock, No Par Value; 5,000,000 Shares Authorized; 72,010 Shares ($1,000 Liquidation Preference) Issued and Outstanding at both December 31, 2025 and 2024 | 71.9M | 71.9M | 71.9M | 71.9M |
| Common Stock, $1 Par Value; 50,000,000 Shares Authorized; 29,510,668 and 29,552,358 Shares Issued and Outstanding at December 31, 2025 and 2024, respectively | 29.5M | 29.6M | 25.4M | 25.1M |
| Additional Paid-in Capital | $502.2M | $500.0M | $397.4M | $393.7M |
| Retained Earnings | $326.6M | $261.0M | $216.1M | $164.0M |
| Accumulated Other Comprehensive Loss | ($33.3M) | ($63.0M) | ($66.6M) | ($74.2M) |
| Total Shareholders' Equity | $896.9M | $799.5M | $644.3M | $580.5M |
| Total Liabilities and Shareholders' Equity | $8.2B | $7.9B | $6.6B | $6.0B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and Due from Banks | $575.6M | $589.8M | $399.1M | $495.8M |
| Federal Funds Sold | $95.5M | $88.3M | $101.1M | $39.3M |
| Securities Purchased Under Agreements to Resell | $30.7M | $30.7M | $25.5M | $25.4M |
| Securities Available for Sale, at Fair Values (Amortized Cost of $1,086,550 at June 30, 2026 and $1,031,432 at December 31, 2025) | $1.0B | $1.0B | $985.9M | $926.5M |
| Mortgage Loans Held for Sale | $2.8M | $480.0K | $433.0K | $677.0K |
| Loans and Lease Receivable, Net of Allowance for Loan Losses of $62,458 at June 30, 2026 and $53,959 at December 31, 2025 | $6.6B | $6.6B | $6.0B | $6.0B |
| Premises and Equipment, Net | $88.9M | $88.4M | $77.9M | $79.0M |
| Accrued Interest Receivable | $39.0M | $38.2M | $37.2M | $36.7M |
| Other Equity Securities | $51.3M | $40.0M | $44.3M | $48.7M |
| Other Real Estate Owned | $25.1M | $20.9M | $16.8M | $1.5M |
| Cash Value of Life Insurance | $139.2M | $132.7M | $119.5M | $118.7M |
| Deferred Taxes | $21.6M | $23.0M | $21.4M | $25.2M |
| Goodwill | $135.2M | $133.6M | $121.1M | $121.1M |
| Core Deposit and Customer Intangible | $33.3M | $29.4M | $15.1M | $15.8M |
| Other Assets | $27.2M | $24.9M | $24.4M | $24.7M |
| Total Assets | $8.9B | $8.9B | $8.0B | $7.9B |
| Noninterest Bearing | $1.6B | $1.6B | $1.4B | $1.4B |
| Interest Bearing | $5.7B | $5.9B | $5.1B | $5.0B |
| Total Deposits | $7.2B | $7.5B | $6.5B | $6.4B |
| Securities Sold Under Agreements to Repurchase | $24.4M | $21.6M | $29.9M | $22.6M |
| Federal Home Loan Bank Borrowings | $442.5M | $260.8M | $367.4M | $492.9M |
| Subordinated Debt | $114.3M | $92.5M | $92.6M | $92.6M |
| Subordinated Debt - Trust Preferred Securities | $9.7M | $9.7M | $5.0M | $5.0M |
| Accrued Interest Payable | $3.8M | $3.7M | $4.1M | $4.8M |
| Other Liabilities | $64.7M | $62.5M | $69.6M | $62.2M |
| Total Liabilities | $7.9B | $7.9B | $7.1B | $7.1B |
| Preferred Stock, No Par Value; 5,000,000 Shares Authorized; 72,010 Shares ($1,000 Liquidation Preference) Issued at both June 30, 2026 and December 31, 2025, respectively | 71.9M | 71.9M | 71.9M | 71.9M |
| Common Stock, $1 Par Value; 50,000,000 Shares Authorized; 32,535,659 and 29,510,668 Shares Issued and Outstanding at June 30, 2026 and December 31, 2025, respectively | 32.5M | 32.6M | 29.6M | 29.6M |
| Additional Paid-in Capital | $578.1M | $580.6M | $503.3M | $502.0M |
| Retained Earnings | $361.8M | $343.9M | $310.0M | $292.6M |
| Accumulated Other Comprehensive Loss | ($35.8M) | ($37.9M) | ($36.4M) | ($47.8M) |
| Total Shareholders' Equity | $1.0B | $991.2M | $878.4M | $848.4M |
| Total Liabilities and Shareholders' Equity | $8.9B | $8.9B | $8.0B | $7.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Consolidated Net Income | $87.9M | $65.1M | $71.0M | $54.3M |
| Provision for Credit Losses | $11.3M | $10.9M | $4.5M | — |
| Depreciation and Amortization | $5.7M | $5.3M | $4.7M | $4.8M |
| Net Accretion of Purchase Accounting Adjustments | ($2.3M) | ($2.5M) | ($7.6M) | ($7.9M) |
| Stock Based Compensation Cost | $5.8M | $3.0M | $4.0M | $3.7M |
| Net Amortization of Securities | $798.0K | $2.1M | $4.2M | $6.0M |
| (Gain) Loss on Sales of Securities | ($64.0K) | ($7.0K) | $2.6M | $48.0K |
| Gain on Sales of Loans | ($931.0K) | ($2.4M) | ($671.0K) | ($398.0K) |
| Income on Other Equity Securities | ($2.1M) | ($2.2M) | ($3.0M) | ($1.6M) |
| Gain on Sales of Other Real Estate Owned, Net of Writedowns | ($511.0K) | ($89.0K) | ($214.0K) | $92.0K |
| Other Real Estate Owned Valuation Allowance | $196.0K | — | — | — |
| Loss on Disposal of Premises and Equipment | $840.0K | $7.0K | $0 | $717.0K |
| Increase in Cash Value of Life Insurance | ($3.2M) | ($2.9M) | ($2.2M) | ($1.9M) |
| Deferred Income Tax Expense (Benefit) | $1.2M | ($962.0K) | ($2.1M) | ($1.4M) |
| Gain on Extinguishment of Debt | ($630.0K) | $0 | ($1.5M) | — |
| Gain on Sale of Branch | ($3.4M) | $0 | ($945.0K) | $0 |
| Increase in Accrued Interest Receivable | ($2.6M) | ($3.1M) | ($4.3M) | ($3.5M) |
| (Increase) Decrease in Other Assets | ($10.4M) | $9.0K | ($1.7M) | $6.1M |
| Increase (Decrease) in Accrued Interest Payable | ($1.8M) | ($10.5M) | $12.7M | $519.0K |
| Increase (Decrease) in Other Liabilities | $6.3M | ($391.0K) | $11.4M | ($151.0K) |
| Net Cash Provided by Operating Activities | $92.1M | $61.4M | $92.4M | $69.6M |
| Purchases of Securities Available for Sale | ($687.9M) | ($104.2M) | ($131.0M) | ($102.8M) |
| Proceeds from Maturities / Sales of Securities Available for Sale | $551.8M | $40.7M | $92.0M | $39.0M |
| Proceeds from Paydowns of Securities Available for Sale | $77.3M | $67.9M | $53.9M | $95.0M |
| Net Cash Received in Acquisition | $0 | $96.8M | — | — |
| Net Cash Paid in Sale of Branch | ($43.1M) | $0 | ($14.5M) | $0 |
| Purchases of Other Equity Securities | ($14.3M) | ($5.0M) | ($15.6M) | ($22.7M) |
| Redemption of Other Equity Securities | $8.2M | $1.7M | $21.4M | $10.3M |
| Purchase of Life Insurance | $0 | ($3.0M) | ($2.3M) | ($18.0M) |
| Proceeds from Death Benefit of Cash Value of Life Insurance | $504.0K | $813.0K | $0 | $499.0K |
| Net Increase in Loans | ($234.3M) | ($294.9M) | ($379.1M) | ($1.1B) |
| Net Purchases of Premises and Equipment | ($66.0K) | ($1.6M) | ($11.6M) | ($7.8M) |
| Proceeds from Sales of Other Real Estate | $9.8M | $621.0K | $1.2M | $682.0K |
| Net (Increase) Decrease in Securities Purchased Under Agreements to Resell | $25.2M | ($50.8M) | — | — |
| Net (Increase) Decrease in Federal Funds Sold | $25.3M | ($44.0M) | ($135.5M) | $211.4M |
| Net Cash Used in Investing Activities | ($281.5M) | ($294.9M) | ($521.1M) | ($700.5M) |
| Net Increase in Deposits | $238.5M | $520.6M | $444.8M | $265.8M |
| Net Increase (Decrease) in Securities Sold Under Agreements to Repurchase | $1.0K | $3.7M | ($1.3M) | $1.1M |
| Net Increase (Decrease) in Federal Funds Purchased | $0 | $0 | ($14.1M) | $14.1M |
| Net Advances (Repayments) on Federal Home Loan Bank Borrowings | $75.3M | $122.5M | ($198.9M) | $327.2M |
| Net (Repayments) Proceeds on Bank Term Funding Program | $0 | ($300.0M) | — | — |
| Repayment of Subordinated Debt | ($6.4M) | $0 | ($8.9M) | — |
| Net Costs from Issuance of Common Stock | $0 | ($31.0K) | — | — |
| Repurchase of Common Stock | ($3.7M) | — | $0 | $0 |
| Payment of Dividends on Preferred Stock | ($5.4M) | ($5.4M) | ($5.4M) | ($1.4M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Consolidated Net Income | $47.7M | $23.6M | $65.5M | $42.6M |
| Provision for Credit Losses | $4.3M | $2.3M | $8.2M | $5.0M |
| Depreciation and Amortization of Premises and Equipment | $3.3M | $1.6M | $4.3M | $2.9M |
| Net Amortization (Accretion) of Purchase Accounting Adjustments | $128.0K | $73.0K | ($1.4M) | ($890.0K) |
| Stock Based Compensation Cost | $3.1M | $901.0K | $3.4M | $2.1M |
| Net Amortization (Accretion) of Securities | ($462.0K) | ($199.0K) | $736.0K | $561.0K |
| (Gain) Loss on Sales of Securities | ($74.0K) | ($80.0K) | ($29.0K) | $48.0K |
| Gain on Sale of Loans | ($1.0M) | ($370.0K) | ($807.0K) | ($529.0K) |
| Income on Other Equity Securities | ($700.0K) | ($416.0K) | ($1.5M) | ($1.1M) |
| (Gain) Loss on Sale of Other Real Estate Owned, Net of Writedowns | ($178.0K) | ($41.0K) | ($199.0K) | $230.0K |
| Other Real Estate Owned Valuation Allowance | ($69.0K) | ($69.0K) | $259.0K | — |
| Gain on Disposal of Premises and Equipment | ($28.0K) | ($28.0K) | — | — |
| Increase in Cash Value of Life Insurance | ($1.7M) | ($831.0K) | ($2.4M) | ($1.6M) |
| Deferred Income Tax (Benefit) Expense | ($1.3M) | ($2.1M) | $1.1M | $333.0K |
| Gain on Extinguishment/Redemption of Debt | ($545.0K) | $0 | ($630.0K) | ($630.0K) |
| Gain on Sale of Branch | $0 | — | ($3.4M) | ($3.4M) |
| (Increase) Decrease in Accrued Interest Receivable | $2.5M | $3.2M | ($1.3M) | ($880.0K) |
| (Increase) Decrease in Other Assets | $7.2M | $9.4M | ($6.3M) | ($6.7M) |
| Decrease in Accrued Interest Payable | ($885.0K) | ($967.0K) | ($1.9M) | ($1.1M) |
| Increase (Decrease) in Other Liabilities | ($7.3M) | ($9.3M) | $11.5M | $5.6M |
| Net Cash Provided by Operating Activities | $53.8M | $26.7M | $75.2M | $42.7M |
| Purchases of Securities Available for Sale | ($102.9M) | ($76.3M) | ($154.9M) | ($80.3M) |
| Proceeds from Maturities / Sales of Securities Available for Sale | $41.5M | $30.2M | $36.5M | $26.2M |
| Proceeds from Paydowns of Securities Available for Sale | $51.9M | $29.0M | $59.0M | $39.8M |
| Net Cash Received in Acquisition | $90.7M | — | — | — |
| Net Cash Paid in Sale of Branch | $0 | — | ($43.1M) | ($43.1M) |
| Proceeds from Sale of Loans | $88.3M | — | — | — |
| Purchases of Other Equity Securities | ($12.2M) | ($104.0K) | ($9.8M) | ($9.3M) |
| Redemption of Other Equity Securities | $12.6M | $11.5M | $8.0M | $2.8M |
| Purchase of Life Insurance | ($5.6M) | — | $0 | $0 |
| Proceeds from Death Benefit of Cash Value of Life Insurance | $0 | $0 | $503.0K | $503.0K |
| Net (Increase) Decrease in Loans | $14.3M | $85.5M | ($58.9M) | ($68.2M) |
| Net Purchases of Premises and Equipment | ($1.3M) | $888.0K | ($1.6M) | ($1.3M) |
| Proceeds from Sales of Other Real Estate | $1.4M | $859.0K | $4.6M | $4.0M |
| Net (Increase) Decrease in Securities Purchased Under Agreements to Resell | ($5.1M) | ($5.2M) | $25.3M | $25.4M |
| Net Decrease in Federal Funds Sold | $76.9M | $84.1M | $96.6M | $158.4M |
| Net Cash Provided by Investing Activities | $250.4M | $253.8M | ($37.8M) | $54.7M |
| Net Decrease in Deposits | ($148.0M) | $81.5M | $46.8M | ($40.4M) |
| Net Increase (Decrease) in Securities Sold Under Agreements to Repurchase | $1.8M | ($1.0M) | $7.3M | ($64.0K) |
| Net Advances on Federal Home Loan Bank Borrowings | $8.4M | ($173.3M) | $11.5M | $137.1M |
| Proceeds from Issuance of Subordinated Debt | $85.0M | — | — | — |
| Repayment of Subordinated Debt | ($66.9M) | $0 | ($6.5M) | ($6.4M) |
| Repurchase of Common Stock | ($7.6M) | ($2.8M) | — | — |
| Payment of Dividends on Preferred Stock | ($2.7M) | ($1.4M) | ($4.1M) | ($2.7M) |
| Payment of Dividends on Common Stock | ($9.8M) | ($4.9M) | ($12.4M) | ($8.3M) |
Business First Bancshares, Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.