NASDAQ$BFST

Business First Bancshares Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Business First Bancshares' Q4 2024 financial results were announced, showing a solid fundamental performance that led to productive growth and diversification of revenue sources.

Business First Bancshares reported a net income available to common shareholders of $15.1 million, or $0.51 per diluted common share, for Q4 2024. On a non-GAAP basis, core net income was $19.5 million, or $0.66 per diluted common share. The quarter included the consummation of the Oakwood Bancshares, Inc. transaction.

  • Net Interest Margin (NIM) expanded to 3.61% for Q4 2024.
  • Noninterest income increased, with the customer swap business producing revenue of $1.3 million.
  • Deposits increased by $870.4 million, or 15.43%, during the quarter.
  • Loans held for investment increased by $761.3 million, or 14.58%, from the linked quarter.

Headline financials

Total Revenue

$77.6M

Previous: $60.2M+28.9%
EPS (adj)

$0.66

Previous: $0.66+0.0%
Net Interest Margin

3.6%

No prior period
NPL to Total Loans

0.4%

No prior period
NPA to Total Assets

0.4%

No prior period
ROAA

0.8%

No prior period
ROE

8.2%

No prior period
Efficiency Ratio

63.9%

No prior period
Tangible Book Value/Share

$19.92

No prior period
Tangible Equity/Tangible Assets

7.6%

No prior period
Common Equity/Assets

9.3%

No prior period
Core ROAA

1.0%

No prior period
Core ROE

10.6%

No prior period
Core Efficiency Ratio

63.1%

No prior period
Capital Expenditures

$275K

Previous: $5.93M-95.4%
Net Income

$16.5M

Previous: $15.8M+4.2%

Revenue & EPS history

Business First · Revenue · Quarterly

$77.6M

Q4 2024+28.9%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Business First anticipates meeting and growing stakeholder expectations in 2025, driven by solid fundamental performance, revenue diversification, healthy asset quality, and successful incorporation of new team members.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+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
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 2014
Q3 2015
Q2 2015
Q2 2014
Q1 2014
Q1 2015
Q3 2013
Q2 2013
Q1 2013

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