BFST

Business First Bancshares, Inc.

Financial Services · $990M market cap

Verdict

Share price

$30.90

close of Oct 3, 2026

Fair value

$46.48

Sticker Price

Payback Price

$18.59

buy price

Undervalued

BFST is Undervalued: at $30.90 it trades 34% below its fair value of $46.48. Its buy price (Payback Price) is $18.59, 40% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth22.5% a year✓
Equity per share growth6.2% a year✗
Sales growth32.0% a year✓
Free cash flow growth23.9% a year✓
Return on invested capital5.4%✗

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Insider activity

Since Jun 25, 2026: 1 open-market purchase worth $47K, 16 sales worth $3.4M and 31 other filings (stock awards, tax withholding and similar). Why purchases matter

Purchases

Sales

Other filings

Day Rick D.

director · 2026-06-26

Option exercise

1,016 shares

Ducrest John P.

director · 2026-06-26

D-Return

1,016 shares

Ducrest John P.

director · 2026-06-26

Option exercise

1,016 shares

Folse Mark P.

director · 2026-06-26

Option exercise

998 shares

Folse Mark P.

director · 2026-06-26

Option exercise

1,016 shares

Show all 31 other filings

Hall William G.

director · 2026-06-26

Option exercise

1,016 shares

Johnson Joseph Vernon

director · 2026-06-26

Option exercise

1,016 shares

MCCOLLISTER ROLFE H. JR.

director · 2026-06-26

Option exercise

1,016 shares

MOCKLER PATRICK E.

director · 2026-06-26

Option exercise

1,016 shares

MONTGOMERY DAVID A. JR.

director · 2026-06-26

Option exercise

1,016 shares

PRICE ARTHUR

director · 2026-06-26

Option exercise

1,016 shares

Quirk Aimee M

director · 2026-06-26

Option exercise

1,016 shares

Sanchez Alejandro M

director · 2026-06-26

Option exercise

1,016 shares

Sidi Zeenat

director · 2026-06-26

Option exercise

1,016 shares

Tillage Keith Alexis

director · 2026-06-26

Option exercise

1,016 shares

WHITE STEVEN GERARD

director · 2026-06-26

Option exercise

1,016 shares

Cummings George W. III

director · 2026-06-25

Award

998 shares

Day Rick D.

director · 2026-06-25

Award

998 shares

Ducrest John P.

director · 2026-06-25

Award

998 shares

Folse Mark P.

director · 2026-06-25

Award

998 shares

Hall William G.

director · 2026-06-25

Award

998 shares

Johnson Joseph Vernon

director · 2026-06-25

Award

998 shares

MCCOLLISTER ROLFE H. JR.

director · 2026-06-25

Award

998 shares

MOCKLER PATRICK E.

director · 2026-06-25

Award

998 shares

MONTGOMERY DAVID A. JR.

director · 2026-06-25

Award

998 shares

PRICE ARTHUR

director · 2026-06-25

Award

998 shares

Quirk Aimee M

director · 2026-06-25

Award

998 shares

Sanchez Alejandro M

director · 2026-06-25

Award

998 shares

Sidi Zeenat

director · 2026-06-25

Award

998 shares

Tillage Keith Alexis

director · 2026-06-25

Award

998 shares

WHITE STEVEN GERARD

director · 2026-06-25

Award

998 shares

About Business First Bancshares, Inc.

Business First Bancshares, Inc. (BFST) serves as the bank holding company for b1BANK, delivering an extensive array of banking products and financial services. Its deposit offerings include checking, demand, money market, time, and savings accounts, alongside certificates of deposit, and modern conveniences such as remote and direct deposit capabilities. The company provides a diverse portfolio of lending solutions…

Banks - Regional

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works