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Business First Bancshares (Business First Bancshares) Net Income : $69.6 Mil (TTM As of Mar. 2024)


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What is Business First Bancshares Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Business First Bancshares's Net Income for the three months ended in Mar. 2024 was $13.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $69.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Business First Bancshares's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.48.


Business First Bancshares Net Income Historical Data

The historical data trend for Business First Bancshares's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Business First Bancshares Net Income Chart

Business First Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 23.77 29.99 52.14 54.26 71.04

Business First Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.03 19.74 20.46 15.82 13.57

Business First Bancshares Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Business First Bancshares's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=90.586+-19.543+0+0
=71.0

Business First Bancshares's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=17.209+-3.639+0+0
=13.6

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $69.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Business First Bancshares  (NAS:BFST) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Business First Bancshares's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Business First Bancshares Net Income Related Terms

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Business First Bancshares (Business First Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
500 Laurel Street, Suite 101, Baton Rouge, LA, USA, 70801
Business First Bancshares Inc is a United States-based bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates most of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.
Executives
Mark P. Folse director, officer: EVP - b1BANK 500 LAUREL STREET, BATON ROUGE LA 70801
Rick D. Day director 500 LAUREL STREET, BATON ROUGE LA 70801
Jesse Jackson officer: EVP & Pres., Fin. Institutions 500 LAUREL STREET, BATON ROUGE LA 70801
Kathryn Manning officer: Chief Risk Officer 500 LAUREL STREET, BATON ROUGE LA 70801
John P. Ducrest director 500 LAUREL STREET, BATON ROUGE LA 70801
Greg Robertson officer: CFO and Treasurer 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Arthur Price director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Steven Gerard White director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Joseph Vernon Johnson director 500 LAUREL STREET, BATON ROUGE LA 70801
Kenneth W. Smith director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Andrew D. Mclindon director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Mccollister Rolfe H. Jr. director 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Keith Mansfield officer: EVP&COO of Business First Bank 500 LAUREL AVENUE, SUITE 100, BATON ROUGE LA 70801
Carol Calkins director 500 LAUREL STREET, BATON ROUGE LA 70801
Smith Edgar R. Iii director 400 EAST THOMAS STREET, HAMMOND LA 70401