Business First Bancshares, Inc. (BFST)

Business First Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	374.56	323.33	218.03	156.79	140.46
Interest Income on Investments	40.21	30	18.08	13.65	9.3
Total Interest Income	414.76	353.33	236.11	170.44	149.76
Interest Paid on Deposits	165.09	106.91	24.41	12.18	17.56
Interest Paid on Borrowings	22.29	31.29	12.12	4.37	4.55
Total Interest Expense	187.38	138.2	36.54	16.55	22.11
Net Interest Income	227.38	215.13	199.58	153.88	127.65
Net Interest Income Growth (YoY)	5.70%	7.79%	29.69%	20.56%	59.16%
Gain (Loss) on Sale of Assets	0.09	0.95	-0.72	-0.52	-0.35
Gain (Loss) on Sale of Investments	0.01	-2.57	-0.05	0.38	0.14
Other Non-Interest Income	30.55	25.13	21.23	18.99	11.83
Total Non-Interest Income	44.19	35.18	29.31	35.78	21.56
Non-Interest Income Growth (YoY)	25.61%	20.04%	-18.09%	65.93%	101.38%
Revenues Before Loan Losses	271.58	250.31	228.89	189.67	149.21
Provision for Loan Losses	10.87	4.48	10.89	8.05	11.44
Revenue	260.7	245.83	218	181.62	137.78
Revenue Growth (YoY)	6.05%	12.77%	20.03%	31.82%	56.03%
Salaries and Employee Benefits	103.92	86.61	81.16	62.96	51.81
Occupancy Expenses	12.07	11.34	9.62	14.19	11.38
Selling, General & Administrative	15.82	18.15	16.89	5.57	1.61
Other Non-Interest Expense	43.63	40.37	36.06	32.26	26.64
Total Non-Interest Expense	175.44	156.47	143.73	114.99	91.43
EBT Excluding Unusual Items	85.26	89.36	74.27	66.63	46.34
Other Unusual Items	-0.97	1.46	-0.5	-1.56	-
Pretax Income	83.05	90.59	68.59	64.56	36.78
Income Tax Expense	17.94	19.54	14.34	12.42	6.79
Net Income	65.11	71.04	54.26	52.14	29.99
Preferred Dividends & Other Adjustments	5.4	5.4	1.35	-	-
Net Income to Common	59.71	65.64	52.91	52.14	29.99
Net Income Growth	-8.36%	30.94%	4.06%	73.82%	26.17%
Basic Shares Outstanding	26	25	23	21	18
Diluted Shares Outstanding	26	25	23	21	18
Shares Change (YoY)	4.57%	10.86%	10.58%	13.11%	33.45%
EPS (Basic)	2.27	2.62	2.34	2.54	1.65
EPS (Diluted)	2.26	2.59	2.32	2.53	1.64
EPS Growth	-12.74%	11.64%	-8.30%	54.27%	-5.75%
Dividend Per Share	0.560	0.520	0.480	0.480	0.400
Dividend Growth	7.69%	8.33%	0%	20.00%	0%
Effective Tax Rate	21.61%	21.57%	20.90%	19.24%	18.45%

Source: S&P Capital IQ. Banks template. Financial Sources.