NASDAQ$BFST

Business First Bancshares Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Business First Bancshares reported net income of $24.2 million for the second quarter of 2026.

Business First Bancshares, Inc. announced unaudited results for the quarter ended June 30, 2026, with net income available to common shareholders of $22.8 million or $0.70 per diluted share. Core net income was $23.3 million or $0.71 per diluted share. The quarter featured margin expansion to 3.73%, improved asset quality, and capital growth including a subordinated debt issuance.

  • Net interest margin expanded 8 bps to 3.73%.
  • Nonperforming loans to total loans decreased 27 bps to 1.26%.
  • Tangible book value per common share rose to $23.61.
  • Completed acquisition of American Planning Corporation on June 29, 2026.

Headline financials

Total Revenue

$91.8M

Previous: $81.5M+12.7%
EPS (adj)

$0.71

Previous: $0.70+1.4%
Net Interest Margin

3.7%

No prior period
Nonperforming Loans to Total Loans

1.3%

No prior period
Nonperforming Assets to Total Assets

1.2%

No prior period
Return on Average Assets

1.0%

No prior period
Return on Average Common Equity

9.8%

No prior period
Efficiency Ratio

64.8%

No prior period
Tangible Book Value per Share

$23.61

No prior period
Tangible Common Equity to Tangible Assets

8.8%

No prior period
Common Equity to Total Assets

10.5%

No prior period
Core Return on Average Assets

1.1%

No prior period
Core Return on Average Common Equity

10.1%

No prior period
Core Efficiency Ratio

63.9%

No prior period
Net Income

$24.2M

Previous: $22.1M+9.4%
Operating Income

$30.3M

No prior period

Revenue & EPS history

Business First · Revenue · Quarterly

$91.8M

Q2 2026+12.7%vs Q2 2025
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Management highlighted opportunities from Meta's investment in Louisiana, Progressive acquisition integration, and Houston pipeline growth for the second half of the year.

Tailwinds

  • Organic loan origination and margin expansion
  • Improving asset quality trends
  • Capital growth and stock repurchase activity

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.4%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.0%

Avg return

30 days after

53%

17 / 32 earnings

Positive

+24.2%

Q2 2023

Best reaction

-6.3%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026———
Q1 2026-0.9%+1.8%+4.5%
Q4 2025-3.2%-4.3%+2.5%
Q3 2025+7.0%+5.7%+9.9%
Q2 2025-1.2%-2.7%-1.0%
Q1 2025-3.8%-2.5%-0.2%
Q4 2024+8.8%+7.8%+3.3%
Q3 2024+2.5%+4.4%+12.0%
Q2 2024+6.2%+3.4%-2.2%
Q1 2024-6.3%-8.4%-4.7%
Q4 2023-3.1%-1.1%-8.7%
Q3 2023+3.7%+6.1%+11.4%
Q2 2023+24.2%+25.8%+19.4%
Q1 2023+0.8%-6.9%-3.0%
Q4 2022-1.1%-3.7%-2.8%
Q3 2022+0.8%+6.9%+2.6%
Q2 2022+2.8%+6.6%+7.9%
Q1 2022-2.0%-4.4%-5.4%
Q4 2021-3.3%-1.2%-9.5%
Q3 2021+1.3%+4.2%+8.7%
Q2 2021+2.2%+1.5%+3.4%
Q1 2021+0.8%+1.8%+5.8%
Q4 2020-2.7%-5.1%+9.5%
Q3 2020+4.6%-0.3%+15.5%
Q2 2020-0.9%-1.0%+10.2%
Q1 2020+9.4%-2.1%+14.8%
Q4 2019+0.9%-0.2%+3.3%
Q3 2019-0.0%+0.3%+1.9%
Q2 2019+0.2%-0.7%-10.5%
Q1 2019+0.4%-0.4%+0.4%
Q4 2018-0.8%-1.7%+5.4%
Q3 2018-1.9%-1.7%-10.5%
Q2 2018-0.4%-0.2%+1.5%
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q4 2014———
Q4 2013———
Q3 2015———
Q3 2014———
Q2 2014———
Q2 2015———
Q1 2015———
Q1 2014———
Q3 2013———
Q2 2013———
Q1 2013———

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