Business First Bancshares, Inc. (BFST)

Business First Bancshares Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	355.62	323.33	218.03	156.79	140.46	95.43
Interest Income on Investments	37.67	30	18.08	13.65	9.3	8.03
Total Interest Income	393.29	353.33	236.11	170.44	149.76	103.47
Interest Paid on Deposits	154.42	106.91	24.41	12.18	17.56	19.75
Interest Paid on Borrowings	23.45	31.29	12.12	4.37	4.55	3.52
Total Interest Expense	177.87	138.2	36.54	16.55	22.11	23.27
Net Interest Income	215.41	215.13	199.58	153.88	127.65	80.2
Net Interest Income Growth (YoY)	-0.93%	7.79%	29.69%	20.56%	59.16%	28.88%
Gain (Loss) on Sale of Assets	0.01	0.95	-0.72	-0.52	-0.35	-0.14
Gain (Loss) on Sale of Investments	-2.52	-2.57	-0.05	0.38	0.14	0.11
Other Non-Interest Income	27.82	25.13	21.23	18.99	11.83	6.48
Total Non-Interest Income	38.75	35.18	29.31	35.78	21.56	10.71
Non-Interest Income Growth (YoY)	4.59%	20.04%	-18.09%	65.93%	101.38%	37.65%
Revenues Before Loan Losses	254.16	250.31	228.89	189.67	149.21	90.91
Provision for Loan Losses	4.28	4.48	10.89	8.05	11.44	2.61
Revenue	249.88	245.83	218	181.62	137.78	88.3
Revenue Growth (YoY)	1.14%	12.77%	20.03%	31.82%	56.03%	30.59%
Salaries and Employee Benefits	96.1	86.61	81.16	62.96	51.81	33.63
Occupancy Expenses	12.04	11.34	9.62	14.19	11.38	4.73
Selling, General & Administrative	17.12	18.15	16.89	5.57	1.61	5.51
Other Non-Interest Expense	41.41	40.37	36.06	32.26	26.64	13.63
Total Non-Interest Expense	166.67	156.47	143.73	114.99	91.43	57.7
EBT Excluding Unusual Items	83.22	89.36	74.27	66.63	46.34	30.6
Other Unusual Items	-	1.46	-0.5	-1.56	-	-
Pretax Income	82.09	90.59	68.59	64.56	36.78	29.85
Income Tax Expense	17.64	19.54	14.34	12.42	6.79	6.08
Earnings From Continuing Operations	64.44	71.04	54.26	52.14	29.99	23.77
Net Income	64.44	71.04	54.26	52.14	29.99	23.77
Preferred Dividends & Other Adjustments	5.4	5.4	1.35	-	-	-
Net Income to Common	59.04	65.64	52.91	52.14	29.99	23.77
Net Income Growth	-11.95%	30.94%	4.06%	73.82%	26.17%	68.70%
Basic Shares Outstanding	25	25	23	21	18	13
Diluted Shares Outstanding	25	25	23	21	18	14
Shares Change (YoY)	0.97%	10.86%	10.58%	13.11%	33.45%	18.40%
EPS (Basic)	2.34	2.62	2.34	2.54	1.65	1.79
EPS (Diluted)	2.32	2.59	2.32	2.53	1.64	1.74
EPS Growth	-13.73%	11.64%	-8.30%	54.27%	-5.75%	42.62%
Dividend Per Share	0.560	0.520	0.480	0.480	0.400	0.400
Dividend Growth	12.00%	8.33%	0%	20.00%	0%	25.00%
Effective Tax Rate	21.49%	21.57%	20.90%	19.24%	18.45%	20.37%

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