Business First Bancshares (NASDAQ:BFST) Releases Earnings Results, Beats Expectations By $0.11 EPS
Business First Bancshares (NASDAQ:BFST) released its earnings results on Wednesday. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.11, MarketWatch Earnings reports. Business First Bancshares had a return on equity of 8.52% and a net margin of 19.48%.
BFST stock traded down $0.21 during trading on Thursday, hitting $14.00. 1,384 shares of the company’s stock traded hands, compared to its average volume of 29,565. The firm has a market capitalization of $293.27 million, a P/E ratio of 8.43 and a beta of 0.97. Business First Bancshares has a 1 year low of $9.17 and a 1 year high of $26.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.58. The business has a fifty day simple moving average of $14.49 and a two-hundred day simple moving average of $16.93.
In other news, Director Steven Gerard White acquired 3,500 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $11.18 per share, with a total value of $39,130.00. Following the completion of the acquisition, the director now owns 7,140 shares of the company’s stock, valued at $79,825.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 7.60% of the stock is owned by company insiders.
About Business First Bancshares
Business First Bancshares, Inc operates as the bank holding company for Business First Bank that provides various banking products and services. It offers various deposit products and services, including a range of checking, demand, money market, time, and savings accounts, as well as certificates of deposit; and remote deposit capture and direct deposit services.
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