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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