13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.8% per year over the past 5 years.
Net income has grown faster than revenue (24.0% vs 14.8% per year).
Free cash flow has grown 28.4% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (9.0% vs 14.8% per year).
Shareholder returns
Dividends have been paid for 10 consecutive years, consuming 19.2% of earnings and 18.3% of free cash flow.
The dividend has grown 17.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$11M
$88M
0.0%
0.0%
$92M
—
$411M
2024
$11M
$65M
0.0%
0.0%
$60M
—
$319M
2023
$10M
$71M
0.0%
0.0%
$79M
—
$226M
2022
$8M
$54M
0.0%
0.0%
$62M
—
$153M
2021
$7M
$52M
0.0%
0.0%
$52M
—
$68M
2020
$5M
$30M
0.0%
0.0%
$26M
—
$149M
2019
$4M
$24M
0.0%
0.0%
$20M
—
$89M
2018
$3M
$14M
0.0%
0.0%
$18M
—
$96M
2017
$2M
$5M
0.0%
0.0%
$7M
$4M
$108M
2016
$2M
$5M
0.0%
0.0%
$7M
$4M
$42M
2015
—
$4M
—
—
$2M
$3M
$41M
2014
—
$4M
—
—
$7M
—
$26M
2013
—
$5M
—
—
$8M
—
$10M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3M
$24M
0.0%
0.0%
—
—
$590M
Dec '25
$3M
$22M
0.0%
0.0%
$18M
—
$411M
Sep '25
$3M
$23M
0.0%
0.0%
$32M
—
$399M
Jun '25
$3M
$22M
0.0%
0.0%
$14M
—
$496M
Mar '25
$3M
$21M
0.0%
0.0%
$28M
—
$313M
Dec '24
$3M
$16M
0.0%
0.0%
$18M
—
$319M
Sep '24
$3M
$18M
0.0%
0.0%
$21M
—
$213M
Jun '24
$3M
$17M
0.0%
0.0%
$14M
—
$208M
Mar '24
$2M
$14M
0.0%
0.0%
$7M
—
$186M
Dec '23
$2M
$16M
0.0%
0.0%
$15M
—
$226M
Sep '23
$3M
$20M
0.0%
0.0%
$19M
—
$191M
Jun '23
$2M
$20M
0.0%
0.0%
$26M
—
$181M
Mar '23
$2M
$15M
0.0%
0.0%
$21M
—
$160M
Dec '22
$2M
$18M
0.0%
0.0%
$11M
—
$153M
Sep '22
$2M
$14M
0.0%
0.0%
$20M
—
$153M
Jun '22
$2M
$14M
0.0%
0.0%
$16M
—
$155M
Mar '22
$2M
$9M
0.0%
0.0%
$16M
—
$282M
Dec '21
$2M
$12M
0.0%
0.0%
$12M
—
$68M
Sep '21
$2M
$10M
0.0%
0.0%
$12M
—
$81M
Jun '21
$2M
$17M
0.0%
0.0%
$11M
—
$131M
Valuation over time
How the market has priced BFST against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 10.3× (Mar '23) to 11.2× (Jun '26).
The price-to-sales ratio has risen from 67.5× (Mar '23) to 91.9× (Jun '26).
The dividend yield has fallen from 1.9% (Mar '23) to 1.7% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BFST growing its revenue and profit?
Over the past 5 years, Business First Bancshares, Inc.'s revenue has grown 14.8% per year, and net income grown 24.0% per year. These are computed facts, not advice.
How much debt does BFST have?
As of FY2025, Business First Bancshares, Inc. reported — of total debt against $411M of cash.
What is BFST's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 821.2%.
What is BFST's P/E ratio?
As of Jun '26, Business First Bancshares, Inc. traded at a price-to-earnings ratio of about 11.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.