About Business First Bancshares, Inc
Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services. It offers various deposit products and services, including a range of checking, demand, money market, time, and savings accounts, as well as certificates of deposit; and remote deposit capture and direct deposit services. The company also provides commercial and industrial loans, including commercial lines of credit, working capital loans, term loans, equipment financing, asset acquisition, expansion and development loans, borrowing base loans, letters of credit, and other loan products; construction and development loans; commercial real estate loans; residential real estate loans comprising first and second lien 1-4 family mortgage loans, and home equity lines of credit; and consumer loans, including secured and unsecured installment and term loans. In addition, it offers wealth management products, including mutual funds, annuities, individual retirement accounts, and other financial products. Further, the company provides a range of other financial services comprising drive-through banking facilities, automated teller machines, debit and credit cards, and employee and payroll benefits solutions; and night depository, personalized checks, treasury and cash management, merchant, automated clearing house, electronic funds transfer, domestic and foreign wire transfer, traveler’s checks, vault, loan and deposit sweep accounts, lock-box, receivables factoring, correspondent banking, online and mobile banking, e-statements, and bank-by-mail services. The company operates approximately 42 full-service banking centers located in the State of Louisiana and in the Dallas/Fort Worth metroplex. Business First Bancshares, Inc. was incorporated in 2006 and is headquartered in Baton Rouge, Louisiana. Address: 500 Laurel Street, Baton Rouge, LA, United States, 70801
Business First Bancshares, Inc News and around…
Latest news about Business First Bancshares, Inc (BFST) common stock and company :
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $59.31 per unit.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Business...
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $58.77 per unit.
The board of Business First Bancshares, Inc. ( NASDAQ:BFST ) has announced that it will be increasing its dividend on...
Business First (BFST) delivered earnings and revenue surprises of 66.67% and 25.25%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
On Wednesday, Business First Bancshare got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
Business First (BFST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Business First Bancshare saw its IBD SmartSelect Composite Rating rise to 96 Monday, up from 94 the day before.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Upgrades According to Argus Research, the prior rating for Vontier Corp (NYSE:VNT) was changed from Hold to Buy. In the ...
Readers hoping to buy Business First Bancshares, Inc. ( NASDAQ:BFST ) for its dividend will need to make their move...
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
Business First (BFST) delivered earnings and revenue surprises of 5.17% and 2.53%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Business First Bancshares (BFST) agrees to acquire Smith Shellnut Wilson, LLC.
Business First Bancshares, Inc., the holding company for b1BANK signed a definitive agreement under which b1BANK will acquire Smith Shellnut Wilson (SSW). Financial details of the transaction were not disclosed and the deal is expected to close in the coming weeks. Business First Bancshares, Inc. (BFST), through b1BANK, operates 43 banking centers. b1BANK provides commercial and personal banking, treasury and wealth solutions. Smith Shellnut Wilson is a registered investment advisor and specializes in portfolio management. At the end of December 2020, SSW had $3.5 billion in assets under management. b1BANK had $235 million under its Wealth Solution Division at the same time. b1BANK’s President and CEO, Jude Melville said, “b1BANK has worked closely with SSW since the day we chartered 15 years ago. We value the quantifiable impact they’ve had on the management of our investment portfolio, we respect the sophistication of their capabilities as specialists, and we trust them as people.” Melville further added, “Bringing SSW under the b1BANK umbrella will allow us to expand the set of products and services we offer through our Financial Institutions Group while also strengthening the investment services we offer to our individual clients.” (See Business First Bancshares stock analysis on TipRanks) Recently, Raymond James analyst William Wallace reiterated a Hold rating on the stock but did not assign a price target. Commenting on the company’s 4Q performance, Wallace said, “4Q results exceeded expectations on higher revenues, fuelled by $4.4 million in gains on the sale of loans associated with the Main Street Lending Program.” Business First Bancshares scores a 1 out of 10 from TipRanks’ Smart Score rating system, indicating that the stock may underperform the broader market. Shares have rallied about 147.5% over the past year. Related News: FedEx Posts Better-Than-Expected 3Q Results As Sales Outperform; Shares Gain 4.4% Ollie’s 4Q Results Beat Analysts’ Expectations As Sales Pick Up; Shares Gain After-Hours Kiniksa Wins FDA Nod For ARCALYST Injection therapy; Shares Pop After-Hours More recent articles from Smarter Analyst: Arcosa Agrees To Acquire StonePoint Materials Tuesday’s Pre-Market: Here’s What You Need To Know Before The Market Opens Oracle Prices Notes Worth $15B; Street Sees 12% Upside Kaleyra Signs Agreement With Visa For Digital Push; Street Says Buy
BATON ROUGE, La., March 22, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (NASDAQ: BFST), the holding company for b1BANK, and Smith Shellnut Wilson, LLC (SSW) today jointly announced the signing of a definitive agreement under which b1BANK will acquire SSW. SSW is a registered investment advisor specializing in managing investment portfolios for corporations, foundations and individuals. Consummation of the acquisition is expected to occur in the coming weeks. “b1BANK has worked closely with SSW since the day we chartered 15 years ago. We value the quantifiable impact they’ve had on the management of our investment portfolio, we respect the sophistication of their capabilities as specialists, and we trust them as people,” said Jude Melville, president and CEO of b1BANK. “Bringing SSW under the b1BANK umbrella will allow us to expand the set of products and services we offer through our Financial Institutions Group while also strengthening the investment services we offer to our individual clients.” SSW, which was founded in 1995, is headquartered in Ridgeland, Mississippi and offers investment advisory services which include discretionary and non-discretionary management of investment portfolios for a variety of clients. As of December 31, 2020, SSW reported $3.5 billion in assets under management, while b1BANK managed $235 million through its Wealth Solutions Division. Following consummation of the transaction, b1BANK expects to consolidate its Wealth Solutions Division with SSW and to continue to operate SSW as a subsidiary of b1BANK. “Over the last 25 years, SSW has been dedicated to the premise that client relationships and performance, not transactions, are the ultimate goals,” said Will Johnson, SSW Principal. “b1BANK and SSW operate with similar values, including a personalized, structured style to portfolio management and innovative methods of product development,” said Frank W. Smith, III, SSW Principal. “This merger will provide both SSW and b1BANK teams with more options to customize client services,” said Smith. Fenimore, Kay, Harrison & Ford, LLP acted as legal advisor to B1BANK, while Brunini, Grantham, Grower & Hewes, PLLC advised SSW. About Business First Bancshares, Inc. Business First Bancshares, Inc., through its banking subsidiary b1BANK, formerly known as Business First Bank, operates 43 banking centers in markets across Louisiana and in the Dallas, Texas area. b1BANK provides commercial and personal banking, treasury management and wealth solutions services to small to midsize businesses and their owners and employees. Visit www.b1BANK.com for more information. Business First’s common stock is traded on the NASDAQ Global Select Market under the symbol “BFST.” Forward-Looking Statements Statements in this press release may not be based on historical facts and may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by reference to future period(s) or by the use of forward-looking terminology, such as “anticipate,” “estimate,” “expect,” “foresee,” “may,” “might,” “will,” “would,” “could” or “intend,” future or conditional verb tenses, and variations or negatives of such terms. Any forward-looking statement speaks only as of the date of this press release, and Business First does not undertake any obligation, and specifically declines any obligation, to revise or update these forward-looking statements, whether as a result of new information, future developments or otherwise. ### CONTACT: Misty Albrecht b1BANK 225.248.7635 Misty.Albrecht@b1BANK.com
In trading on Monday, banking & savings shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of Coastal Financial, off about 7.9% and shares of Business First Bancshares off about 7.7% on the day.
Shares of digital lending specialist LendingClub have doubled in a little more than a week, largely because the company reported outstanding earnings last Wednesday. On Monday the Relative Strength (RS) Rating for LendingClub shot up to 91, from 85 the prior trading session. The 91 RS Rating, on a 1-99 scale with 1 terrible and 99 superb, means that LendingClub is outperforming 91% of all stocks, regardless of industry.
Business First Bancshares (BFST) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Business First Bancshares, Inc. ( NASDAQ:BFST ) stock is about to trade ex-dividend in four days. Investors can...
In recent trading, shares of Business First Bancshares Inc (BFST) have crossed above the average analyst 12-month target price of $19.17, changing hands for $19.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..