Business First Bancshares Management
Management criteria checks 4/4
Business First Bancshares' CEO is Jude Melville, appointed in Mar 2011, has a tenure of 13.75 years. total yearly compensation is $2.40M, comprised of 28.8% salary and 71.2% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth $5.75M. The average tenure of the management team and the board of directors is 4.4 years and 12.6 years respectively.
Key information
Jude Melville
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 28.8% |
| CEO tenure | 13.8yrs |
| CEO ownership | 0.8% |
| Management average tenure | 4.4yrs |
| Board average tenure | 12.6yrs |
Recent management updates
Recent updates
Business First Bancshares' (NASDAQ:BFST) Dividend Will Be $0.14
Oct 29
Business First Bancshares: TBV Per Share Has Stalled Since 2019
Jan 29Business First Bancshares (NASDAQ:BFST) Is Due To Pay A Dividend Of $0.12
Aug 01Does Business First Bancshares (NASDAQ:BFST) Deserve A Spot On Your Watchlist?
Jul 29Business First Bancshares (NASDAQ:BFST) Has Announced A Dividend Of $0.12
May 02Business First Bancshares (NASDAQ:BFST) Has Announced A Dividend Of $0.12
Feb 07Business First Bancshares (NASDAQ:BFST) Has Announced A Dividend Of $0.12
Nov 11Business First Bancshares announces stock offering for expected proceeds of ~$47M
Oct 12Business First Bancshares raises $72M via private placement of preferred stock
Sep 01Business First Bancshares goes ex-dividend tomorrow
Aug 11Business First Bancshares (NASDAQ:BFST) Has Affirmed Its Dividend Of $0.12
Aug 08Business First Bancshares GAAP EPS of $0.61 beats by $0.15, revenue of $53.6M misses by $0.6M
Jul 26Business First Bancshares (NASDAQ:BFST) Will Pay A Dividend Of US$0.12
May 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$59m |
| Jun 30 2024 | n/a | n/a | US$62m |
| Mar 31 2024 | n/a | n/a | US$64m |
| Dec 31 2023 | US$2m | US$690k | US$66m |
| Sep 30 2023 | n/a | n/a | US$68m |
| Jun 30 2023 | n/a | n/a | US$62m |
| Mar 31 2023 | n/a | n/a | US$58m |
| Dec 31 2022 | US$2m | US$663k | US$53m |
| Sep 30 2022 | n/a | n/a | US$48m |
| Jun 30 2022 | n/a | n/a | US$45m |
| Mar 31 2022 | n/a | n/a | US$49m |
| Dec 31 2021 | US$2m | US$613k | US$52m |
| Sep 30 2021 | n/a | n/a | US$54m |
| Jun 30 2021 | n/a | n/a | US$53m |
| Mar 31 2021 | n/a | n/a | US$38m |
| Dec 31 2020 | US$2m | US$538k | US$30m |
| Sep 30 2020 | n/a | n/a | US$22m |
| Jun 30 2020 | n/a | n/a | US$18m |
| Mar 31 2020 | n/a | n/a | US$23m |
| Dec 31 2019 | US$1m | US$490k | US$24m |
| Sep 30 2019 | n/a | n/a | US$21m |
| Jun 30 2019 | n/a | n/a | US$20m |
| Mar 31 2019 | n/a | n/a | US$17m |
| Dec 31 2018 | US$1m | US$460k | US$14m |
| Sep 30 2018 | n/a | n/a | US$10m |
| Jun 30 2018 | n/a | n/a | US$8m |
| Mar 31 2018 | n/a | n/a | US$6m |
| Dec 31 2017 | US$802k | US$416k | US$5m |
Compensation vs Market: Jude's total compensation ($USD2.40M) is about average for companies of similar size in the US market ($USD3.30M).
Compensation vs Earnings: Jude's compensation has been consistent with company performance over the past year.
CEO
Jude Melville (49 yo)
13.8yrs
Tenure
US$2,397,380
Compensation
Mr. David R. Melville, III, also known as Jude, has been the Chief Executive Officer and Director at b1Bank and Business First Bancshares, Inc. since March 2011 and serves as their Chairman since July 2024...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13.8yrs | US$2.40m | 0.75% $ 5.7m | |
| Executive VP | 7.9yrs | US$987.00k | 0.27% $ 2.0m | |
| Executive VP & COO | 7.9yrs | US$968.56k | 0.30% $ 2.3m | |
| Executive VP & Chief Administrative Officer | 2.1yrs | US$1.09m | 0.090% $ 691.8k | |
| Executive VP & Chief Banking Officer | no data | US$1.01m | 0.26% $ 2.0m | |
| Executive VP | 3yrs | US$720.35k | 0.051% $ 392.4k | |
| Executive VP | 5.4yrs | no data | no data | |
| Executive VP & Chief Risk Officer | 2.6yrs | no data | 0.073% $ 556.7k | |
| Executive Vice President of Financial Institutions Group | 4.9yrs | no data | 0.089% $ 683.1k | |
| Executive VP & Chief Credit Officer | 3.8yrs | no data | 0.069% $ 528.9k | |
| Executive VP & Correspondent Banking | less than a year | no data | 0.071% $ 546.7k | |
| Assistant Secretary | no data | no data | no data |
4.4yrs
Average Tenure
48.5yo
Average Age
Experienced Management: BFST's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13.8yrs | US$2.40m | 0.75% $ 5.7m | |
| Independent Director | 12.6yrs | US$63.00k | 0.18% $ 1.4m | |
| Independent Director | 4.6yrs | US$60.00k | 0.13% $ 969.3k | |
| Director | 4.6yrs | US$67.75k | 0.21% $ 1.6m | |
| Lead Independent Director | 19.3yrs | US$57.00k | 0.33% $ 2.5m | |
| Independent Director | 12.6yrs | US$59.00k | 0.14% $ 1.1m | |
| Independent Director | 12.6yrs | US$63.75k | 0.061% $ 468.0k | |
| Independent Director | 12.6yrs | US$69.00k | 0.045% $ 343.7k | |
| Independent Director | 12.6yrs | US$64.75k | 0.036% $ 276.6k | |
| Independent Director | 12.6yrs | US$64.00k | 0.15% $ 1.1m | |
| Independent Director | 4.6yrs | US$59.00k | 0.99% $ 7.6m | |
| Independent Director | 4.6yrs | US$56.00k | 0.89% $ 6.8m |
12.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: BFST's board of directors are seasoned and experienced ( 12.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Business First Bancshares, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Fitzsimmons | D.A. Davidson & Co. |
| Manuel Navas | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |