Business First Bancshares, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 04:01 pm EDT
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Business First Bancshares, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 55.29 million compared to USD 53.48 million a year ago. Net income was USD 20.46 million compared to USD 13.8 million a year ago. Basic earnings per share was USD 0.76 compared to USD 0.61 a year ago. Diluted earnings per share was USD 0.76 compared to USD 0.61 a year ago.
For the nine months, net interest income was USD 161.37 million compared to USD 143.52 million a year ago. Net income was USD 55.22 million compared to USD 36.29 million a year ago. Basic earnings per share was USD 2.04 compared to USD 1.65 a year ago. Diluted earnings per share was USD 2.02 compared to USD 1.64 a year ago.
Business First Bancshares, Inc. is a financial holding company. The Company operates through its banking subsidiary, b1BANK (the Bank). The Bank is a Louisiana state banking association and community-based financial institution that offers a range of banking products and services. It operates throughout the state of Louisiana, in the Dallas/Fort Worth metroplex and Houston, from a network of banking centers and loan production offices. It offers checking, savings and money market accounts, certificates of deposit, commercial and consumer loans, mortgage loans, real estate loans, and other installment and term loans. In addition, it offers its customers wealth management products, drive-through banking facilities, automated teller machines, night depository, credit cards, Internet banking, electronic funds transfers through ACH services, domestic and foreign wire transfers, travelerâs checks, cash management, vault services, loan and deposit sweep accounts, and lock box services.
BUSINESS FIRST BANCSHARES, INC. 
