Business First Financials

BFST Stock  USD 27.95  0.28  1.01%   
Based on the key indicators related to Business First's liquidity, profitability, solvency, and operating efficiency, Business First Bancshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Business First's Non Currrent Assets Other are comparatively stable compared to the past year. Other Assets is likely to gain to about 4.6 B in 2024, whereas Common Stock is likely to drop slightly above 14.5 M in 2024. Key indicators impacting Business First's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.289
Way Down
Slightly volatile
Return On Assets0.00570.0108
Way Down
Slightly volatile
Return On Equity0.120.1103
Significantly Up
Slightly volatile
Debt Equity Ratio0.330.4908
Way Down
Very volatile
Operating Income136.2 M129.7 M
Sufficiently Up
Slightly volatile
Current Ratio309458
Way Down
Slightly volatile
Investors should never underestimate Business First's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Business First's cash flow, debt, and profitability to make informed and accurate decisions about investing in Business First Bancshares.

Net Income

74.6 Million

  
Understanding current and past Business First Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Business First's financial statements are interrelated, with each one affecting the others. For example, an increase in Business First's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Business First's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Business First Bancshares. Check Business First's Beneish M Score to see the likelihood of Business First's management manipulating its earnings.

Business First Stock Summary

Business First competes with First Community, Community West, First Financial, First Northwest, and Home Federal. Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services. Business First Bancshares, Inc. was incorporated in 2006 and is headquartered in Baton Rouge, Louisiana. Business First operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 648 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS12326C1053
CUSIP12326C105
LocationLouisiana; U.S.A
Business Address500 Laurel Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.b1bank.com
Phone225 248 7600
CurrencyUSD - US Dollar

Business First Key Financial Ratios

Business First Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3B4.2B4.7B6.0B6.6B6.9B
Net Debt28.6M(65.0M)100.1M373.1M390.1M409.6M
Retained Earnings56.7M79.2M121.9M164.0M216.1M226.9M
Cash89.4M149.1M68.4M152.7M226.1M237.4M
Other Assets1.5B2.6B2.4B3.8B4.4B4.6B
Total Liab2.0B3.8B4.3B5.4B5.9B6.2B
Total Current Assets375.6M813.6M1.1B1.1B377.2M692.9M
Common Stock13.3M20.6M20.4M25.1M25.4M14.5M
Other Liab6.0M25.2M26.8M9.8M11.2M11.2M
Net Tangible Assets229.9M346.4M361.3M406.0M466.9M245.3M
Accounts Payable1.5M2.5M1.4M2.1M14.8M14.1M
Long Term Debt118M31M168.4M525.8M616.2M647.0M
Net Receivables8.0M23.9M19.6M25.7M29.9M28.4M
Inventory(162.8M)(356.2M)(316.4M)(195.4M)(4.8B)(4.5B)
Other Current Assets162.8M356.2M316.4M195.4M408.8M457.2M
Short Long Term Debt10M5.0M20K9K8.1K7.7K
Short Term Debt78.0M5.0M20K9K323.3M339.5M
Other Current Liab(1.4M)(1.5M)(2.5M)(2.1M)(14.8M)(14.1M)
Good Will48.5M53.9M59.9M88.5M88.4M49.6M
Capital Surpluse212.5M299.5M292.3M393.7M452.7M237.3M

Business First Key Income Statement Accounts

The reason investors look at the income statement is to determine what Business First's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue90.9M149.2M186.6M227.5M245.8M258.1M
Gross Profit90.9M149.2M186.6M227.5M245.8M258.1M
Operating Income29.9M36.8M64.6M103.1M129.7M136.2M
Ebit29.9M35.6M64.6M103.1M90.6M95.1M
Ebitda31.4M39.9M70.4M109.9M95.3M100.0M
Income Before Tax29.9M36.8M64.6M68.6M90.6M95.1M
Net Income23.8M30.0M52.1M54.3M71.0M74.6M
Income Tax Expense6.1M6.8M12.4M14.3M19.5M20.5M
Interest Expense23.3M22.1M16.6M36.5M138.2M145.1M
Tax Provision6.1M6.8M12.4M14.3M20.0M21.0M
Net Interest Income80.2M127.6M153.9M199.6M217.4M117.0M
Interest Income103.5M149.8M170.4M236.1M333.2M349.8M

Business First Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(6.7M)59.8M(80.8M)84.4M73.4M77.0M
Free Cash Flow20.5M26.4M52.5M61.8M80.8M84.8M
Depreciation1.6M3.2M4.2M4.8M4.7M2.4M
Other Non Cash Items(863K)5.5M(4.5M)5.2M(3.5M)(3.3M)
Capital Expenditures4.0M3.0M4.0M7.8M11.6M12.2M
Net Income23.8M30.0M52.1M54.3M71.0M74.6M
End Period Cash Flow89.4M149.1M68.4M152.7M226.1M237.4M
Investments(213.2M)(665.2M)(743.1M)(945.4M)(660.2M)(627.2M)
Net Borrowings55.8M(49.2M)38.8M15.1M17.4M11.3M
Dividends Paid5.1M7.5M9.4M12.2M18.1M19.0M
Change To Netincome3.2M10.1M(946K)9.5M10.9M11.4M
Change Receivables198K(10.6M)4.3M(3.5M)(3.1M)(3.0M)

Business Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Business First's current stock value. Our valuation model uses many indicators to compare Business First value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Business First competition to find correlations between indicators driving Business First's intrinsic value. More Info.
Business First Bancshares is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Business First Bancshares is roughly  10.30 . At this time, Business First's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Business First by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Business First Bancshares Systematic Risk

Business First's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Business First volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Business First Bancshares correlated with the market. If Beta is less than 0 Business First generally moves in the opposite direction as compared to the market. If Business First Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Business First Bancshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Business First is generally in the same direction as the market. If Beta > 1 Business First moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Business First Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Business First's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Business First growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.76

At this time, Business First's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Business First November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Business First help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Business First Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Business First Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing Business Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Business First's daily price indicators and compare them against related drivers.

Additional Tools for Business Stock Analysis

When running Business First's price analysis, check to measure Business First's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.