Feed / BFST

Business First Bancshares, Inc.

BFST

Financial Services · 30.74 +2.1% today

Partial group confirmationMarket checked 2 Oct, 14:55 GMT-4

Market read

Business First Bancshares, Inc.'s move is spreading beyond its market group.

BFST accounts for 12.1% of the group's measured movement across 5.9 effective names. all 8 measured members are rising in raw terms, but 7 of 8 session-normalized paths align to the upside. Capital-flow agreement is 13%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

Session-normalized 5m paths
Role in the moveAligned contributor#4 of 8 by movement share
Group movement share12.1%Absolute path energy—not portfolio weight
Relative path+0.38%aligned
Effective breadth5.9 / 8broad
Relative alignment7/8upside path · 0 counter-moving
Capital-flow agreement13%not yet clean
SEQUENCE READ

OCFC, BANR, AX moved materially before BFST. BFST crossed its material path threshold at 15:55 ET, 5 minutes after the first measured mover.

EVIDENCE COVERAGE

7 of 8 members in Banks and Insurers are active. 0 of 3 disclosed connections are confirming.

What would change this read
  • At least 6 of 8 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • NBTB remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 2 of 8 members or fewer.

Watch this read

Research brief

The story so far

Financial Services · Banks - Regional

BFST accounts for 12.1% of the group's measured movement across 5.9 effective names. all 8 measured members are rising in raw terms, but 7 of 8 session-normalized paths align to the upside. Capital-flow agreement is 13%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 6 of 8 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • NBTB remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations334
Usable filing statements53
Verified relationships1
Evidence supporting the case
  • Net margin changed +205.3 percentage points in the latest annual period.
  • Operating cash flow covered net income at 1.05x in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 11.7% in the latest annual period.
Questions before a position
  • EV/sales is 205% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

30.45
6m+18.0%12m+23.6%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$6.8M+27.2%$2.53+13.1%
2022-12-31$8.3M+21.4%$2.32+10.6%
2023-12-31$9.7M+17.3%$2.59+10.9%
2024-12-31$10.6M+9.0%$2.26+4.6%
2025-12-31$10.7M+1.2%$2.79+11.7%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
“41 Table of Contents The following tables present information regarding the dollar amount of changes in interest income and interest expense for the periods indicated for each major component of interest-earning assets and interest-bearing liabilities and dis…”
10-Q · Jul 31, 2026 ↗
Supply chain and availabilitymixed · 5 filings
“41 Table of Contents The following tables present information regarding the dollar amount of changes in interest income and interest expense for the periods indicated for each major component of interest-earning assets and interest-bearing liabilities and dis…”
10-Q · Jul 31, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 84.0× · EV/sales 45.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

30.74+2.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 14:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for BFST. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for BFST. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind BFST

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

BFST is currently a Participant in the organic co-movement group Banks and Insurers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.