Baton Rouge, Louisiana-based bank (b1BANK) offering commercial and retail banking across Louisiana and Texas.
Baton Rouge, Louisiana-based bank (b1BANK) offering commercial and retail banking across Louisiana and Texas.
Earns the spread between interest on loans, mainly commercial, and the cost of deposits, with smaller fees from mortgages and services. Acquisitions of other banks in Louisiana and Texas have been a main route to growth, so integration and loan quality matter.
Moat: narrow (scale, distribution). Growing multi-market Louisiana/Texas franchise built through organic growth and acquisitions.
Headquarters: Baton Rouge, Louisiana, US · Founded: 2006 · Employees: 842
Size Business First Bancshares (BFST) is a United States Financials company (Regional Banks) with a market value of $1.04B, the 2223rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $32.20 on 6 Nov 2026.
Performance Over six months the shares gained 16.3%, against +7.6% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 7.2% over the last twelve months (peer median +9.9%); the operating margin is 34.3% (peer median 36.5%).
Valuation It trades at 1.02× book value against a peer median of 1.21× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 8.6%; Business First Bancshares delivers 10.1%, so the price asks less than the business earns today.
Short interest Short interest is 3.6% of the free float (15 Oct 2026).
Next results Next results expected around 26 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $546M | $512M | $458M | $386M | $265M |
| Revenue growth | — | +12% | +19% | +46% | — |
| Net income | $94.7M | $87.9M | $65.1M | $71.0M | $54.3M |
| Free cash flow | $116M | $92.0M | $59.8M | $80.8M | $61.8M |
| Capital expenditure | $4.36M | $66,000 | $4.56M | $13.9M | $25.8M |
| Total debt | $508M | $578M | $483M | $656M | $578M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Business First Bancshares BFST | $1.04B | +16% | +7% | 10% | 1.02× | 8.6% |
| Origin Bancorp OBK | $1.64B | +14% | +5% | 10% | 1.29× | 10.1% |
| Home BancShares HOMB | $5.97B | +12% | +2% | 11% | 1.31× | 10.2% |
| First Horizon FHN | $10.9B | -6% | -8% | 8% | 1.34× | 9.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BFST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.8% | +3.1% | 7th highest of 21 |
| 6-month return | +16.3% | +7.6% | 3rd highest of 20 |
| Return on equity | 10.1% | 11.4% | 9th lowest of 21 |
| Price / book | 1.02× | 1.21× | 8th cheapest of 21 |
| Trailing P/E | 11.5× | 11.7× | 10th cheapest of 21 |
| ROE the price implies | 8.6% | 9.1% | 9th least demanding of 21 |
| ROE delivered | 10.1% | 11.4% | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Business First Bancshares BFST | United States | $1.04B | +16% | +7% | 10% | 1.02× | 8.6% | 10.1% |
| MetroCity Bankshares MCBS | United States | $1.04B | +10% | +25% | 17% | 1.78× | 12.2% | 16.9% |
| Forbright FRBT | United States | $1.04B | n/a | +11% | 11% | 1.01× | 6.4% | n/a |
| Eagle Bancorp EGBN | United States | $1.03B | +28% | -11% | 5% | 0.89× | 9.0% | 4.7% |
| Mercantile Bank MBWM | United States | $1.05B | +16% | +5% | 14% | 1.41× | 11.5% | 13.6% |
| Bank of Jiujiang 6190.HK | Hong Kong | $1.06B | +55% | -2% | 1% | 0.20× | 3.5% | 1.5% |
| CNB Financial CCNE | United States | $1.06B | +15% | +26% | 13% | 1.24× | 9.0% | 13.2% |
| Southside Bancshares SBSI | United States | $1.01B | +2% | +9% | 12% | 1.54× | 10.1% | 11.8% |
| Horizon Bancorp HBNC | United States | $1.07B | +13% | +424% | 16% | 1.52× | 12.0% | 15.7% |
| Equity Bancshares EQBK | United States | $1.00B | +7% | +53% | 12% | 1.23× | 10.4% | 12.1% |
| San ju San Financial 7322.T | Japan | $1.08B | +1% | +23% | 5% | 0.72× | 6.9% | 5.4% |
| Northeast Bank NBN | United States | $1.08B | +1% | +9% | 20% | 1.72× | 11.8% | 20.0% |
| Five Star Bancorp FSBC | United States | $1.08B | +6% | +18% | 15% | 1.75× | 10.4% | 14.8% |
| Univest Financial UVSP | United States | $1.10B | +4% | +2% | 10% | 1.16× | 9.1% | 10.0% |
| Central Pacific Financial CPF | United States | $974M | +10% | +4% | 15% | 1.68× | 13.2% | 14.9% |
| Hanmi Financial HAFC | United States | $964M | +8% | +3% | 11% | 1.19× | 9.4% | 11.4% |
| Aktia Bank AKTIA.HE | Finland | $963M | +3% | +1% | 2% | 1.32× | 7.6% | 1.8% |
| First Bank of Toyama 7184.T | Japan | $1.12B | +10% | +14% | 10% | 0.90× | 7.9% | 10.2% |
| TOMONY 8600.T | Japan | $1.13B | +6% | +12% | 6% | 0.60× | 4.5% | 5.9% |
| Heritage Financial HFWA | United States | $1.15B | +3% | +22% | 8% | 1.06× | 7.8% | 7.8% |
| Miyazaki Bank 8393.T | Japan | $1.16B | +8% | +8% | 7% | 0.77× | 6.2% | 7.0% |