Business First Bancshares ( (BFST) ) has released its Q1 earnings. Here is a breakdown of the information Business First Bancshares presented to its investors.
Business First Bancshares, Inc., operating through its subsidiary b1BANK, is a financial institution providing commercial and personal banking services across Louisiana and Texas, known for its innovative banking solutions and recognized as one of the best banks to work for in the U.S.
In the first quarter of 2025, Business First Bancshares reported a net income of $19.2 million, marking a significant increase from the previous quarter. The company also declared dividends for both preferred and common shareholders, reflecting its robust financial performance.
Key highlights from the earnings report include a net interest income of $66.0 million, with an improved net interest margin of 3.68%. The company also saw growth in noninterest income, driven by strong loan sales and equity investments. Despite a slight increase in nonperforming loans, the overall credit quality remained stable.
The company’s capital position strengthened, with an increase in common equity to total assets and tangible book value per share. Business First also continued to integrate recent acquisitions and invest in technological initiatives to enhance service quality.
Looking ahead, Business First Bancshares remains focused on maintaining its financial strength and operational efficiency, while continuing to invest in growth opportunities and technological advancements to better serve its clients.