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Dec 31, 2024
Business First Q4 2024 Earnings Report
Business First Bancshares' Q4 2024 financial results were announced, showing a solid fundamental performance that led to productive growth and diversification of revenue sources.
Key Takeaways
Business First Bancshares reported a net income available to common shareholders of $15.1 million, or $0.51 per diluted common share, for Q4 2024. On a non-GAAP basis, core net income was $19.5 million, or $0.66 per diluted common share. The quarter included the consummation of the Oakwood Bancshares, Inc. transaction.
Net Interest Margin (NIM) expanded to 3.61% for Q4 2024.
Noninterest income increased, with the customer swap business producing revenue of $1.3 million.
Deposits increased by $870.4 million, or 15.43%, during the quarter.
Loans held for investment increased by $761.3 million, or 14.58%, from the linked quarter.
Forward Guidance
Business First anticipates meeting and growing stakeholder expectations in 2025, driven by solid fundamental performance, revenue diversification, healthy asset quality, and successful incorporation of new team members.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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