Feed / BFST

Business First Bancshares, Inc.

BFST

Financial Services · 30.42 -1.1% today

Participation confirmed · construction unavailableMarket checked 7 Oct, 15:55 GMT-4

Market read

Business First Bancshares, Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 5 of 8 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company-1.1% todayVolume comparison unavailable
Market group5 of 8 activeBanks and Insurers · inactive
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 6 of 8 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as NBTB begins moving with the group.

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

No new filing conclusion is available. 5 of 8 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

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 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as NBTB begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 23, 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 observations338
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 212% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 7, 2026

30.42
6m+13.3%12m+26.4%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

30.42-1.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 7 Oct, 15:55 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 Follower 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.