Business First Bancshares
Market Cap
US$301.4m
Last Updated
2019/08/25 00:35 UTC
Data Sources
Company Financials +
Executive Summary
Business First Bancshares, Inc. operates as the bank holding company for Business First Bank that provides various banking products and services.
Snowflake
Fundamentals
Flawless balance sheet and fair value.
Share Price & News
How has Business First Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.0%
NasdaqGS:BFST
-1.8%
US Banks
-1.6%
US Market
1 Year Return
-13.2%
NasdaqGS:BFST
-16.1%
US Banks
-3.0%
US Market
BFST outperformed the Banks industry which returned -16.1% over the past year.
BFST underperformed the Market in United States of America which returned -3% over the past year.
Share holder returns
| BFST | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.0% | -1.8% | -1.6% |
| 30 Day | -9.8% | -10.1% | -5.7% |
| 90 Day | -10.3% | -5.0% | 0.2% |
| 1 Year | -11.9%-13.2% | -13.7%-16.1% | -0.8%-3.0% |
| 3 Year | n/a | 37.9%28.5% | 38.1%29.1% |
| 5 Year | n/a | 49.3%33.2% | 50.8%34.1% |
Price Volatility Vs. Market
How volatile is Business First Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Buy Business First Bancshares, Inc. (NASDAQ:BFST) For Its Upcoming Dividend In 4 Days?2 weeks ago | Simply Wall St
Is Business First Bancshares, Inc.'s (NASDAQ:BFST) Future Growth Already Accounted For In Today's Price?1 month ago | Simply Wall St
Despite Its High P/E Ratio, Is Business First Bancshares, Inc. (NASDAQ:BFST) Still Undervalued?Valuation
Is Business First Bancshares undervalued based on future cash flows and its price relative to the stock market?
21%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Business First Bancshares's share price is below the future cash flow value, and at a moderate discount (> 20%).
Business First Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Business First Bancshares is overvalued based on earnings compared to the US Banks industry average.
Business First Bancshares is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Business First Bancshares is poor value based on expected growth next year.
Price Based on Value of Assets
Business First Bancshares is good value based on assets compared to the US Banks industry average.
Next Steps
Future Growth
How is Business First Bancshares expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
12.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Business First Bancshares's revenue is expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).
Business First Bancshares's earnings are expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).
Business First Bancshares's revenue growth is expected to exceed the United States of America market average.
Business First Bancshares's earnings growth is positive but not above the United States of America market average.
Business First Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Business First Bancshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Business First Bancshares performed over the past 5 years?
33.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Business First Bancshares has delivered over 20% year on year earnings growth in the past 5 years.
Business First Bancshares's 1-year earnings growth exceeds its 5-year average (162.3% vs 33.3%)
Business First Bancshares's earnings growth has exceeded the US Banks industry average in the past year (162.3% vs 33.1%).
Return on Equity
Business First Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Business First Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Business First Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Business First Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
Business First Bancshares has an acceptable proportion of non-loan assets held.
Business First Bancshares has a sufficient allowance for bad loans.
Business First Bancshares's liabilities are made up of primarily low risk sources of funding.
Business First Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
Loans at Business First Bancshares are broadly funded by customer deposits.
Business First Bancshares has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is Business First Bancshares's current dividend yield, its reliability and sustainability?
1.76%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Business First Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).
Business First Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).
It is too early to tell whether Business First Bancshares has stable dividend payments.
Business First Bancshares only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to Shareholders
Dividends paid are well covered by earnings (4.4x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).
Next Steps
Management
What is the CEO of Business First Bancshares's salary, the management and board of directors tenure and is there insider trading?
1.3yrs
Average management tenure
CEO
Jude Melville (44yo)
8.4yrs
Tenure
US$1,023,254
Compensation
Mr. David R. Melville, III, also known as Jude, has been the Chief Executive Officer, President and Director at Business First Bank and Business First Bancshares, Inc. since March 2011. Mr. Melville has se ...
CEO Compensation Analysis
Jude's remuneration is lower than average for companies of similar size in United States of America.
Jude's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
1.3yrs
Average Tenure
The average tenure for the Business First Bancshares management team is less than 2 years, this suggests a new team.
Board Age and Tenure
7.3yrs
Average Tenure
60.5yo
Average Age
The tenure for the Business First Bancshares board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Shares | 6,000 |
| Max Price | US$24.04 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$24.24 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Treasurer |
| Shares | 3,000 |
| Max Price | US$26.25 |
Ownership Breakdown
Management Team
Jude Melville (44yo)
President
- Tenure: 8.4yrs
- Compensation: US$1.02m
Greg Robertson (47yo)
CFO & Treasurer
- Tenure: 2.6yrs
- Compensation: US$512.35k
Rodney Seaford
Regional President of SWLA
- Tenure: 0.1yrs
Heather Roemer
Corporate Secretary
- Tenure: 0.0yrs
Mimi Lee
Chief Human Resources Officer
- Tenure: 0.1yrs
Board Members
David Laxton (69yo)
Director
- Tenure: 4.2yrs
- Compensation: US$20.00k
Bobby Yarborough (66yo)
Director
- Tenure: 7.3yrs
- Compensation: US$22.50k
Bob Greer (71yo)
Chairman of the Board
- Tenure: 8.2yrs
- Compensation: US$159.73k
Kenneth Smith (56yo)
Director
- Tenure: 7.3yrs
- Compensation: US$20.75k
Jude Melville (44yo)
President
- Tenure: 8.4yrs
- Compensation: US$1.02m
Andrew McLindon (58yo)
Director
- Tenure: 7.3yrs
- Compensation: US$20.75k
Patrick Mockler (50yo)
Director
- Tenure: 7.3yrs
- Compensation: US$19.83k
David Montgomery (58yo)
Director
- Tenure: 7.3yrs
- Compensation: US$22.25k
Fayez Shamieh (73yo)
Director
- Tenure: 7.3yrs
- Compensation: US$16.00k
Charles Slack (63yo)
Director
- Tenure: 7.3yrs
- Compensation: US$25.25k
Company Information
Business First Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Business First Bancshares, Inc.
- Ticker: BFST
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$301.414m
- Shares outstanding: 13.37m
- Website: https://www.b1bank.com
Number of Employees
Location
- Business First Bancshares, Inc.
- 500 Laurel Street
- Suite 101
- Baton Rouge
- Louisiana
- 70801
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BFST | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 2018 |
Biography
Business First Bancshares, Inc. operates as the bank holding company for Business First Bank that provides various banking products and services. It offers various deposit products and services, including ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/25 00:35 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.