Business First Bancshares Inc

NASDAQ:BFSTUnited States

Business First Bancshares, Inc. (BFST) is currently at $29.58, up $3.49 or 13.38%

--Would be new all-time high (Based on available data back to April 9, 2018)

common share $ 20.60 $ 19.22 $ 17.03 ----------------------- ---------- ---------- ---------- Common equity to total assets 9.11% 8.84% 8.21% ----------------------- ---------- ---------- ---------- Tangible common equity to tangible assets 7.75% 7.43% 6.76% ----------------------- ---------- ---------- ---------- Business First Bancshares, Inc. Non-GAAP Measures (Unaudited) Three Months Ended Nine Months Ended ---------------------------------------------- ------------------------------ (Dollars in thousands, September 30, June 30, September 30, September 30, September 30, except per share data) 2024 2024 2023 2024 2023 ----------------------- -------------- -------------- -------------- -------------- -------------- Total Quarterly Average Assets $6,788,644 $6,711,173 $6,474,935 $6,722,716 $6,290,886 Total Quarterly Average Common Equity $ 610,018 $ 583,184 $ 535,211 $ 590,354 $ 526,398 Net Income Available to Common Shareholders: Net income available to common shareholders $ 16,492 $ 15,856 $ 19,104 $ 44,568 $ 51,168 Gain on former bank premises and equipment, net of tax -- -- -- (39) -- Loss on sale of securities, net of tax 10 -- -- 11 49 Gain on sale of branch, net of tax -- -- (735) -- (735) Gain on extinguishment of debt, net of tax -- -- (408) -- (1,150) Acquisition-related expenses, net of tax 319 417 2 1,362 153 Core conversion expenses, net of tax 403 -- -- 403 -- ----------------------- --------- --------- --------- --------- --------- Core net income available to common shareholders $ 17,224 $ 16,273 $ 17,963 $ 46,305 $ 49,485 ----------------------- --------- --------- --------- --------- --------- Return to common shareholders on average assets (annualized) (2) 0.97% 0.95% 1.17% 0.89% 1.09% ----------------------- --------- --------- --------- --------- --------- Core return on average assets (annualized) (2) 1.01% 0.98% 1.10% 0.92% 1.05% ----------------------- --------- --------- --------- --------- --------- Return to common shareholders on average common equity (annualized) (2) 10.76% 10.94% 14.16% 10.08% 13.00% ----------------------- --------- --------- --------- --------- --------- Core return on average common equity (annualized) (2) 11.23% 11.22% 13.32% 10.48% 12.57% ----------------------- --------- --------- --------- --------- --------- Interest Income: Interest income $ 102,741 $ 99,870 $ 93,322 $ 298,622 $ 258,662 ----------------------- --------- --------- --------- --------- --------- Core interest income 102,741 99,870 93,322 298,622 258,662 ----------------------- --------- --------- --------- --------- --------- Interest Expense: Interest expense 46,627 45,861 38,028 136,968 97,293 ----------------------- --------- --------- --------- --------- --------- Core interest expense 46,627 45,861 38,028 136,968 97,293 ----------------------- --------- --------- --------- --------- --------- Other Income: Other income 10,774 12,176 9,883 32,336 30,229 Gain on former bank premises and equipment -- -- -- (50) -- Loss on sale of securities 13 -- -- 14 62 Gain on sale of branch -- -- (932) -- (932) Gain on extinguishment of debt -- -- (517) -- -- (1,458) ----------------------- --------- --------- --------- --------- --------- Core other income 10,787 12,176 8,434 32,300 27,901 ----------------------- --------- --------- --------- --------- --------- Other Expense: Other expense 42,450 43,110 38,607 128,082 116,988 Acquisition-related expenses (319) (419) (2) (1,453) (173) Core conversion expenses (511) -- -- (511) -- ----------------------- --------- --------- --------- --------- --------- Core other expense $ 41,620 $ 42,691 $ 38,605 $ 126,118 $ 116,815 ----------------------- --------- --------- --------- --------- --------- Efficiency Ratio: Other expense (a) $ 42,450 $ 43,110 $ 38,607 $ 128,082 $ 116,988 Core other expense (c) $ 41,620 $ 42,691 $ 38,605 $ 126,118 $ 116,815 Net interest and other income (1) (b) $ 66,901 $ 66,185 $ 65,177 $ 194,004 $ 191,660 Core net interest and other income (1) (d) $ 66,901 $ 66,185 $ 63,728 $ 193,954 $ 189,270 Efficiency ratio (a/b) 63.45% 65.14% 59.23% 66.02% 61.04% ----------------------- --------- --------- --------- --------- --------- Core efficiency ratio (c/d) 62.21% 64.50% 60.58% 65.02% 61.72% ----------------------- --------- --------- --------- --------- --------- Total Average Interest-Earnings Assets $6,363,995 $6,291,616 $6,071,129 $6,300,814 $5,890,433 Net Interest Income: Net interest income $ 56,114 $ 54,009 $ 55,294 $ 161,654 $ 161,369 Loan discount accretion $ (705) $ (1,695) $ (2,419) $ (3,185) $ (7,390) ----------------------- --------- --------- --------- --------- --------- Net interest income excluding loan discount accretion $ 55,409 $ 52,314 $ 52,875 $ 158,469 $ 153,979 ----------------------- --------- --------- --------- --------- --------- Net interest margin (2) 3.51% 3.45% 3.61% 3.43% 3.66% ----------------------- --------- --------- --------- --------- --------- Net interest margin excluding loan discount accretion (2) 3.46% 3.34% 3.46% 3.36% 3.49% ----------------------- --------- --------- --------- --------- --------- Net interest spread (2) 2.54% 2.47% 2.68% 2.46% 2.79% ----------------------- --------- --------- --------- --------- --------- Net interest spread excluding loan discount accretion (2) 2.50% 2.37% 2.53% 2.39% 2.62% ----------------------- --------- --------- --------- --------- --------- (1) Excludes gains/losses on sales of securities. (2) Calculated utilizing an actual day count convention.