BFST
Business First Bancshares, Inc.
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Last price
31.15
▼ 0.07 (0.22%)
MARKET · —
Price
Open
31.61
Prev close
31.22
Day high
31.45
Day low
31.00
Volume
286.73K
Market cap
$1.01B
P/E (TTM)
11.09
52W range
22.56 – 32.53
Trailing performance
Returnvs SPY
1W
-3.02%
-1.7%
1M
+2.23%
-1.5%
3M
+11.21%
+8.1%
6M
+7.86%
-3.2%
YTD
+19.17%
+6.9%
1Y
+30.17%
+10.2%
3Y
+54.13%
-20.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$1.01B
Enterprise value$1.00B
Revenue (TTM)$334.00M
Gross profit$334.00M
EBITDA—
Net income$87.55M
EPS (TTM)$2.81
Free cash flow—
Total cash$701.84M
Total debt$616.08M
Book value / share$28.79
Shares outstanding32.55M
Float30.90M
Short % of float2.74%
Dividend yield1.93%
Beta (5Y)0.77
Valuation & profitability ratios
Trailing P/E11.09
Forward P/E9.49
PEG ratio—
Price / sales—
Price / book1.08
EV / revenue2.99
EV / EBITDA—
Gross margin0.00%
Operating margin34.63%
Profit margin27.83%
Return on equity10.01%
Return on assets1.10%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $321.49M | $271.52M | $251.93M | $228.97M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $82.46M | $59.71M | $65.64M | $52.91M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $82.46M | $59.71M | $65.64M | $52.91M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.70 | 0.71 | +1.4% |
| Mar 2026 | 0.69 | 0.73 | +6.4% |
| Dec 2025 | 0.71 | 0.79 | +11.6% |
| Sep 2025 | 0.67 | 0.72 | +7.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.74 | 4 | $93.30M | +15.4% |
| Next quarter | 0.81 | 4 | $95.58M | +13.7% |
| Current year | 3.00 | 4 | $368.64M | +14.7% |
| Next year | 3.28 | 5 | $393.30M | +6.7% |
Analyst targets & ownership
Mean target$34.70
High target$36.00
Low target$32.50
Implied upside11.40%
Analyst count5
ConsensusSTRONG BUY
Strong buy / Buy1 / 4
Hold0
Sell / Strong sell0 / 0
Held by insiders4.68%
Held by institutions59.04%
Institutions holding240
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
-152.13K
Net selling
Buy transactions
25
35.92K shares
Sell transactions
16
188.06K shares
Net transactions
+41
Buys less sells
Sell : buy shares
5.2 : 1
Heavily one-sided
Insider-held shares
1.52M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 18, 26 | CUMMINGS GEORGE W. III Director |
SELL | 10.00K | $317.80K | Direct |
| Aug 6, 26 | CARTER DONALD CHAD Officer |
SELL | 1.88K | $59.33K | Direct |
| Aug 5, 26 | STRONG SAUNDRA General Counsel |
SELL | 1.00K | $31.98K | Direct |
| Aug 5, 26 | HALL WILLIAM G. Director |
SELL | 11.39K | $364.11K | Indirect |
| Aug 3, 26 | CUMMINGS GEORGE W. III Director |
SELL | 10.00K | $318.70K | Direct |
| Jul 31, 26 | CUMMINGS GEORGE W. III Director |
SELL | 20.00K | $635.80K | Direct |
| Jul 30, 26 | MANSFIELD KEITH Officer |
SELL | 4.20K | $134.74K | Direct |
| Jul 29, 26 | JOHNSON JOSEPH VERNON Director |
SELL | 12.00K | $379.80K | Direct |
| Jul 29, 26 | CUMMINGS GEORGE W. III Director |
SELL | 20.00K | $637.40K | Direct |
| Jul 28, 26 | DAY RICKY D Director |
BUY | 1.50K | $47.41K | Direct |
| Jun 26, 26 | WHITE STEVEN GERARD Director |
— | 1.02K | — | Direct |
| Jun 26, 26 | MONTGOMERY DAVID A JR. Director |
— | 1.02K | — | Direct |
| Jun 26, 26 | MCCOLLISTER ROLFE H JR Director |
— | 1.02K | — | Direct |
| Jun 26, 26 | PRICE ARTHUR Director |
— | 1.02K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CUMMINGS GEORGE W. III |
Director | 205.09K | Sale |
DAY RICKY D |
Director | 269.90K | Purchase |
FOLSE MARK P |
Director | 54.30K | Conversion of Exercise of derivative security |
JOHNSON JOSEPH VERNON |
Director | 172.07K | Sale |
JORDAN PHILIP |
Officer | 82.04K | Conversion of Exercise of derivative security |
MANSFIELD KEITH |
Officer | 77.14K | Sale |
MCCOLLISTER ROLFE H JR |
Director | 99.10K | Conversion of Exercise of derivative security |
MELVILLE DAVID R III |
Chief Executive Officer | 213.18K | Conversion of Exercise of derivative security |
MOCKLER PATRICK E |
Director | 64.05K | Conversion of Exercise of derivative security |
ROBERTSON GREGORY C |
Chief Financial Officer | 70.56K | Conversion of Exercise of derivative security |
Moving averages & technicals
SMA 10
31.76
-1.92% from price
SMA 20
31.81
-2.09% from price
SMA 50
30.81
+1.10% from price
SMA 100
29.35
+6.11% from price
SMA 200
28.16
+10.60% from price
EMA 12
31.61
-1.47% from price
EMA 26
31.42
-0.86% from price
EMA 50
30.79
+1.16% from price
RSI (14)
46.2
Neutral
MACD (12,26,9)
0.19
Hist -0.17
ATR (14)
0.53
1.70% of price
Realised vol 30D
17.7%
Annualised
Bollinger upper
32.51
20, 2σ
Bollinger lower
31.12
20, 2σ
50 / 200 cross
Golden
30.81 vs 28.16
Trend bias
Above 200
+10.60%
Risk profile
Beta vs SPY
0.54
Less volatile than market
Correlation to SPY
0.28
Largely independent
Realised vol 30D
17.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-13.9%
Peak to trough
Max drawdown 5Y
-53.3%
Peak to trough
ATR 14
0.53
1.70% of price
Beta (reported)
0.77
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
1.00
Call-heavy session
Put / call open interest
2.00
Positioning, not flow
Max pain
30.00
-3.7% from spot
ATM implied vol
55.4%
Nearest strike to spot
Skew (10% OTM)
+1.6%
Puts bid over calls
Call volume
1
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
30.00
1 contracts
Heaviest put OI
30.00
2 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Business First Bancshares Insider Sold Shares Worth $317,800, According to a Recent SEC Filing
MT Newswires · 3d ago
Newcomer Director at Business First Bancshares Sells 10,000 Shares for $319,000
Motley Fool · 10d ago
Business First Bancshares Insider Sold Shares Worth $318,700, According to a Recent SEC Filing
MT Newswires · 17d ago
Why This Business First Insider Sale Matters Less Than Second-Half Loan Growth And Deposits
Motley Fool · 20d ago
What This Business First Insider Sale Signals After a 34% Stock Run
Motley Fool · 20d ago
Is Stronger Net Interest Income And Buybacks Altering The Investment Case For Business First Bancshares (BFST)?
Simply Wall St. · 22d ago
Business First Bancshares Insider Sold Shares Worth $637,400, According to a Recent SEC Filing
MT Newswires · 23d ago
Business First Bancshares (BFST) Could Be 4% Undervalued On Earnings Dividends And Buybacks
Simply Wall St. · 27d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.