Business Financial Statements From 2010 to 2024

BFST Stock  USD 21.10  0.38  1.77%   
Business First financial statements provide useful quarterly and yearly information to potential Business First Bancshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Business First financial statements helps investors assess Business First's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Business First's valuation are summarized below:
Gross Profit
218 M
Profit Margin
0.2793
Market Capitalization
537.7 M
Revenue
249.1 M
Earnings Share
2.53
There are currently one hundred twenty fundamental signals for Business First Bancshares that can be evaluated and compared over time across rivals. All traders should validate Business First's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 649.1 M in 2024. Enterprise Value is likely to gain to about 1.1 B in 2024

Business First Total Revenue

404.92 Million

Check Business First financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Business main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.1 M, Selling General Administrative of 98.4 M or Selling And Marketing Expenses of 4.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0307 or PTB Ratio of 1.53. Business financial statements analysis is a perfect complement when working with Business First Valuation or Volatility modules.
  
This module can also supplement various Business First Technical models . Check out the analysis of Business First Correlation against competitors.

Business First Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.9 B6.6 B2.6 B
Slightly volatile
Total Current Liabilities5.3 B5.1 B697 M
Slightly volatile
Total Stockholder Equity676.5 M644.3 M270.7 M
Slightly volatile
Property Plant And Equipment Net73 M69.5 M27.3 M
Slightly volatile
Retained Earnings226.9 M216.1 M68.5 M
Slightly volatile
Cash237.4 M226.1 M88.4 M
Slightly volatile
Non Current Assets Total6.5 B6.2 B1.3 B
Slightly volatile
Other Assets4.6 B4.4 B1.8 B
Slightly volatile
Common Stock Shares Outstanding14.1 M25.3 M12 M
Slightly volatile
Non Current Liabilities Total905.4 M862.3 M309.6 M
Pretty Stable
Other Stockholder Equity210.3 M397.4 M174.7 M
Slightly volatile
Total Liabilities6.2 BB2.4 B
Slightly volatile
Total Current Assets695.8 M408.8 M555.5 M
Slightly volatile
Common Stock14.5 M25.4 M12.2 M
Slightly volatile
Short and Long Term Debt Total689 M656.2 M171.6 M
Slightly volatile
Liabilities And Stockholders Equity6.9 B6.6 B2.6 B
Slightly volatile
Other Liabilities11.2 M11.2 M8.4 M
Slightly volatile
Net Tangible Assets245.3 M466.9 M202.3 M
Slightly volatile
Accounts Payable14.1 M14.8 M198.4 M
Slightly volatile
Long Term Debt647 M616.2 M162.4 M
Slightly volatile
Net Receivables28.4 M29.9 M245.8 M
Slightly volatile
Short Term Investments515.1 M879.6 M366.4 M
Slightly volatile
Long Term Investments856.3 M913.5 M596.4 M
Slightly volatile
Short Term Debt339.5 M323.3 M57.7 M
Slightly volatile
Property Plant Equipment76.3 M72.7 M27.4 M
Slightly volatile
Good Will49.6 M88.4 M31.5 M
Slightly volatile
Common Stock Total Equity16.1 M28.9 M13.1 M
Slightly volatile
Retained Earnings Total Equity198 M188.5 M67.9 M
Slightly volatile
Capital Surpluse237.3 M452.7 M189.7 M
Slightly volatile
Property Plant And Equipment Gross126.2 M120.1 M42.1 M
Slightly volatile
Non Current Liabilities Other558.8 M532.1 M167.5 M
Slightly volatile
Intangible Assets8.5 M11.9 MM
Slightly volatile
Earning Assets322.9 M442.4 M306.1 M
Slightly volatile
Long Term Debt Total133.7 M127.4 M37.2 M
Slightly volatile
Net Invested Capital678.9 M1.2 B453.9 M
Slightly volatile
Capital Stock102.1 M97.3 M31.3 M
Slightly volatile

Business First Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative98.4 M93.7 M41.3 M
Slightly volatile
Selling And Marketing Expenses4.9 M4.6 M1.7 M
Slightly volatile
Total Revenue404.9 M385.6 M117.6 M
Slightly volatile
Gross Profit406.2 M386.9 M117.8 M
Slightly volatile
Other Operating Expenses314.1 M299.1 M84.2 M
Slightly volatile
Operating Income95.4 M90.8 M34 M
Slightly volatile
Income Before Tax95.1 M90.6 M29.9 M
Slightly volatile
Net Income74.6 M71 M23.6 M
Slightly volatile
Income Tax Expense20.5 M19.5 M6.4 M
Slightly volatile
Net Income From Continuing Ops76.8 M73.2 M23.9 M
Slightly volatile
Net Income Applicable To Common Shares63.9 M60.8 M22.1 M
Slightly volatile
Tax Provision21 M20 M6.6 M
Slightly volatile
Net Interest Income117 M217.4 M83 M
Slightly volatile
Interest Income349.8 M333.2 M116.4 M
Slightly volatile
Reconciled Depreciation3.8 M4.7 M2.4 M
Slightly volatile
Preferred Stock And Other Adjustments1.1 M1.2 M1.3 M
Slightly volatile

Business First Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow82.4 M78.5 M26.3 M
Slightly volatile
Begin Period Cash Flow160.4 M152.7 M67 M
Slightly volatile
Depreciation7.1 M6.8 M2.4 M
Slightly volatile
Capital Expenditures14.6 M13.9 M3.7 M
Slightly volatile
Total Cash From Operating Activities97 M92.4 M30.1 M
Slightly volatile
Net Income74.6 M71 M23.5 M
Slightly volatile
End Period Cash Flow237.4 M226.1 M85.2 M
Slightly volatile
Dividends Paid19 M18.1 M5.6 M
Slightly volatile
Issuance Of Capital Stock37.4 M48 M30.8 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.521.60314.1736
Slightly volatile
Dividend Yield0.03070.02920.0131
Slightly volatile
PTB Ratio1.530.95961.4771
Slightly volatile
Days Sales Outstanding26.928.31523.3 K
Slightly volatile
Book Value Per Share15.225.689117.921
Slightly volatile
Free Cash Flow Yield0.130.1270.068
Slightly volatile
Invested Capital1.040.99260.5405
Slightly volatile
Operating Cash Flow Per Share3.873.68541.9082
Slightly volatile
Stock Based Compensation To Revenue0.01550.01040.015
Slightly volatile
PB Ratio1.530.95961.4771
Slightly volatile
EV To Sales4.572.71844.3135
Slightly volatile
Free Cash Flow Per Share3.293.13031.6755
Slightly volatile
ROIC0.04220.05550.0493
Slightly volatile
Inventory Turnover2.0E-42.0E-43.0E-4
Slightly volatile
Net Income Per Share2.972.83281.3816
Slightly volatile
Days Of Inventory On Hand1.1 M1.2 M1.4 M
Slightly volatile
Sales General And Administrative To Revenue0.230.2430.4624
Slightly volatile
Cash Per Share24.8544.087727.0512
Slightly volatile
POCF Ratio6.356.688517.5638
Slightly volatile
Interest Coverage1.792.90261.7666
Slightly volatile
Payout Ratio0.260.25420.2288
Slightly volatile
PFCF Ratio7.487.874620.6327
Slightly volatile
Income Quality1.571.3011.6093
Slightly volatile
ROE0.120.11030.0688
Slightly volatile
EV To Operating Cash Flow21.1211.342218.4706
Pretty Stable
PE Ratio8.278.701826.62
Slightly volatile
Return On Tangible Assets0.00570.01090.0069
Slightly volatile
EV To Free Cash Flow24.8413.353521.7454
Pretty Stable
Earnings Yield0.120.11490.0565
Slightly volatile
Intangibles To Total Assets0.0120.01520.0116
Slightly volatile
Current Ratio0.07630.0803286
Pretty Stable
Tangible Book Value Per Share13.3421.690315.9395
Slightly volatile
Receivables Turnover6.5812.89065.9391
Slightly volatile
Graham Number42.4940.464123.6315
Slightly volatile
Shareholders Equity Per Share15.225.689117.921
Slightly volatile
Debt To Equity1.040.99260.5405
Slightly volatile
Revenue Per Share16.1515.37677.2885
Slightly volatile
Interest Debt Per Share28.0826.74711.5794
Slightly volatile
Debt To Assets0.10.0970.0571
Slightly volatile
Short Term Coverage Ratios0.270.2859706
Slightly volatile
Price Earnings Ratio8.278.701826.62
Slightly volatile
Operating Cycle1.1 M1.2 M1.4 M
Slightly volatile
Price Book Value Ratio1.530.95961.4771
Slightly volatile
Dividend Payout Ratio0.260.25420.2288
Slightly volatile
Price To Operating Cash Flows Ratio6.356.688517.5638
Slightly volatile
Price To Free Cash Flows Ratio7.487.874620.6327
Slightly volatile
Pretax Profit Margin0.190.23490.2277
Slightly volatile
Ebt Per Ebit0.860.99740.9597
Slightly volatile
Operating Profit Margin0.220.23550.2691
Slightly volatile
Effective Tax Rate0.250.21570.2289
Very volatile
Company Equity Multiplier7.4710.2389.2449
Very volatile
Long Term Debt To Capitalization0.220.32920.2873
Very volatile
Total Debt To Capitalization0.520.49810.3337
Slightly volatile
Return On Capital Employed0.06330.06030.017
Slightly volatile
Debt Equity Ratio1.040.99260.5405
Slightly volatile
Ebit Per Revenue0.220.23550.2691
Slightly volatile
Quick Ratio0.210.2231384
Very volatile
Net Income Per E B T0.610.78430.7629
Pretty Stable
Cash Ratio0.04220.044440.3318
Very volatile
Cash Conversion Cycle1.1 M1.2 M1.4 M
Slightly volatile
Operating Cash Flow Sales Ratio0.280.23970.2746
Slightly volatile
Days Of Inventory Outstanding1.1 M1.2 M1.4 M
Slightly volatile
Days Of Sales Outstanding26.928.31523.3 K
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.70.84940.866
Pretty Stable
Cash Flow Coverage Ratios0.250.14450.2349
Pretty Stable
Price To Book Ratio1.530.95961.4771
Slightly volatile
Fixed Asset Turnover5.915.55035.6181
Slightly volatile
Price Cash Flow Ratio6.356.688517.5638
Slightly volatile
Debt Ratio0.10.0970.0571
Slightly volatile
Cash Flow To Debt Ratio0.250.14450.2349
Pretty Stable
Price Sales Ratio1.521.60314.1736
Slightly volatile
Return On Assets0.00570.01080.0068
Slightly volatile
Asset Turnover0.03090.05850.0374
Slightly volatile
Net Profit Margin0.140.18420.1771
Slightly volatile
Gross Profit Margin0.80.90.9828
Slightly volatile
Price Fair Value1.530.95961.4771
Slightly volatile
Return On Equity0.120.11030.0688
Slightly volatile

Business First Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap649.1 M618.2 M310.9 M
Slightly volatile
Enterprise Value1.1 BB391 M
Slightly volatile

Business Fundamental Market Drivers

Forward Price Earnings8.1633
Cash And Short Term Investments-226.1 M

Business Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Business First Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Business First income statement, its balance sheet, and the statement of cash flows. Business First investors use historical funamental indicators, such as Business First's revenue or net income, to determine how well the company is positioned to perform in the future. Although Business First investors may use each financial statement separately, they are all related. The changes in Business First's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Business First's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Business First Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Business First. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-17.1 M-17.9 M
Total Revenue385.6 M404.9 M
Cost Of Revenue-1.4 M-1.4 M
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.24  0.23 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.04)(0.04)
Revenue Per Share 15.38  16.15 
Ebit Per Revenue 0.24  0.22 

Pair Trading with Business First

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Business First position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Business First will appreciate offsetting losses from the drop in the long position's value.

Moving against Business Stock

  0.61TECTP Tectonic FinancialPairCorr
  0.44DB Deutsche Bank AGPairCorr
The ability to find closely correlated positions to Business First could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Business First when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Business First - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Business First Bancshares to buy it.
The correlation of Business First is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Business First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Business First Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Business First can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Business First Bancshares is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Business Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Business First Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Business First Bancshares Stock:
Check out the analysis of Business First Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Business First's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Business First. If investors know Business will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Business First listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
0.54
Earnings Share
2.53
Revenue Per Share
9.918
Quarterly Revenue Growth
0.031
The market value of Business First Bancshares is measured differently than its book value, which is the value of Business that is recorded on the company's balance sheet. Investors also form their own opinion of Business First's value that differs from its market value or its book value, called intrinsic value, which is Business First's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Business First's market value can be influenced by many factors that don't directly affect Business First's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Business First's value and its price as these two are different measures arrived at by different means. Investors typically determine if Business First is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Business First's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.