Associated tags: Business, SSW, Statista, Interest, CDT, American City Business Journals
Locations: BATON ROUGE, LA, US, NORTH AMERICA, LOUISIANA, TEXAS
BATON ROUGE, La., April 02, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST), the parent company of b1BANK, announced that it is scheduled to release first quarter 2024 earnings after market close on Thursday, April 25, 2024.
Key Points:
- BATON ROUGE, La., April 02, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST), the parent company of b1BANK, announced that it is scheduled to release first quarter 2024 earnings after market close on Thursday, April 25, 2024.
- Executive management will host a conference call and webcast to discuss results on the same day (Thursday, April 25, 2024) at 4:00 p.m. CST.
- Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 5574541, or asking for the Business First Bancshares conference call.
- On the day of the presentation, the corresponding slide presentation will be available to view on the b1BANK website at https://www.b1bank.com/shareholder-info .
Retrieved on:
Thursday, February 1, 2024
BATON ROUGE, La., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK announced today the signing of a definitive agreement to acquire Waterstone LSP, LLC (Waterstone).
Key Points:
- BATON ROUGE, La., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK announced today the signing of a definitive agreement to acquire Waterstone LSP, LLC (Waterstone).
- Waterstone was founded in 2012 by Mark Danford and Anthony Parrino to work hand-in-hand with community banks and small business owners to implement and manage the U.S. Small Business Administration’s (SBA) loan programs.
- Waterstone will operate as a subsidiary of b1BANK and will report through Chief Administrative Officer, Jerry Vascocu.
- Alston & Bird, LLP acted as legal advisor to b1BANK, while Brunini, Grantham, Grower & Hewes, PLLC advised Waterstone.
Retrieved on:
Tuesday, January 23, 2024
Overalls,
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C&I,
Credit,
American City Business Journals,
FHLB,
Dallas–Fort Worth metroplex,
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New Orleans metropolitan area,
AOCI,
Interest,
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C&D,
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Bank The repositioning resulted in a loss of $2.5 million with an estimated earn back of 1.1 years as of December 31, 2023.
Key Points:
- The repositioning resulted in a loss of $2.5 million with an estimated earn back of 1.1 years as of December 31, 2023.
- For the quarter ended December 31, 2023, net interest income totaled $53.8 million, compared to $55.3 million from the linked quarter.
- During the quarter ended December 31, 2023, Business First recorded a provision for credit losses of $119,000, compared to $604,000 for the linked quarter.
- For the quarter ended December 31, 2023, other expenses increased by $1.1 million or 2.87%, compared to the linked quarter.
Retrieved on:
Wednesday, January 3, 2024
BATON ROUGE, La., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release fourth quarter 2023 earnings after market close on Tuesday, January 23, 2024.
Key Points:
- BATON ROUGE, La., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release fourth quarter 2023 earnings after market close on Tuesday, January 23, 2024.
- Executive management will host a conference call and webcast to discuss results on the same day (Tuesday, January 23, 2024) at 4:30 p.m. CDT.
- Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 4061156, or asking for the Business First Bancshares conference call.
- On the day of the presentation, the corresponding slide presentation will be available to view on the b1BANK website at https://www.b1bank.com/shareholder-info .
Retrieved on:
Thursday, November 2, 2023
Loyola University,
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Raymond James Morgan Keegan,
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Bank One Corporation,
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Security (finance) BATON ROUGE, La., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Jerry Vascocu, Chief Administrative Officer for b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced the hire of Gerrit van de Wetering as Managing Director of Derivative Solutions.
Key Points:
- BATON ROUGE, La., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Jerry Vascocu, Chief Administrative Officer for b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced the hire of Gerrit van de Wetering as Managing Director of Derivative Solutions.
- van de Wetering is tasked with launching b1BANK’s derivatives products and services, which will provide clients with more flexibility managing interest rate risks.
- During his career, van de Wetering covered both corporate borrowers and financial institutions (regional and community banks) for interest rate, currency and commodity hedging.
- “I am joining a team of knowledgeable bankers that are eager to launch an interest rate derivative product line and grow these products and services over time.
Retrieved on:
Thursday, October 26, 2023
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American City Business Journals,
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C&D,
CDT,
Security (finance),
Bank,
Rare-earth element Deposits increased $176.3 million or 3.52%, 13.95% annualized, for the quarter ended September 30, 2023, compared to the linked quarter.
Key Points:
- Deposits increased $176.3 million or 3.52%, 13.95% annualized, for the quarter ended September 30, 2023, compared to the linked quarter.
- On a non-GAAP basis, tangible book value per common share increased to $17.03 at September 30, 2023, compared to $16.87 at June 30, 2023.
- For the quarter ended June 30, 2023, net interest income totaled $55.3 million, compared to $53.3 million from the linked quarter.
- During the quarter ended September 30, 2023, Business First recorded a provision for credit losses of $604,000, compared to $538,000 for the linked quarter.
BATON ROUGE, La., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release third quarter 2023 earnings after market close on Thursday, October 26, 2023.
Key Points:
- BATON ROUGE, La., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release third quarter 2023 earnings after market close on Thursday, October 26, 2023.
- Executive management will host a conference call and webcast to discuss results on the same day (Thursday, October 26, 2023) at 4:30 p.m. CDT.
- Interested parties can attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 4515523, or asking for the Business First Bancshares conference call.
- On the day of the presentation, the corresponding slide presentation will be available on the b1BANK website at https://www.b1bank.com/shareholder-info .
Borrowing base,
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Bank Deposits increased $208.3 million or 4.33%, 17.38% annualized, for the quarter ended June 30, 2023, compared to the linked quarter.
Key Points:
- Deposits increased $208.3 million or 4.33%, 17.38% annualized, for the quarter ended June 30, 2023, compared to the linked quarter.
- On May 1, 2023, Business First redeemed an $8.9 million tranche of outstanding subordinated debt, of which $5.7 million was extinguished as of June 30, 2023.
- For the quarter ended June 30, 2023, net interest income totaled $53.3 million, compared to $52.7 million from the linked quarter.
- During the quarter ended June 30, 2023, Business First recorded a provision for credit losses of $538,000, compared to $3.2 million for the linked quarter.
BATON ROUGE, La., July 05, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release second quarter 2023 earnings after market close on Thursday, July 27, 2023.
Key Points:
- BATON ROUGE, La., July 05, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release second quarter 2023 earnings after market close on Thursday, July 27, 2023.
- Executive management will host a conference call and webcast to discuss results on the same day (Thursday, July 27, 2023) at 4:30 p.m. CDT.
- Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 6772868, or asking for the Business First Bancshares conference call.
- On the day of the presentation, the corresponding slide presentation will be available on the b1BANK website at https://www.b1bank.com/shareholder-info .
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Texas Citizens for Science AOCI has improved $16.7 million from its low of $(84.7) million at September 30, 2022, to $(68.0) million as of March 31, 2023.
Key Points:
- AOCI has improved $16.7 million from its low of $(84.7) million at September 30, 2022, to $(68.0) million as of March 31, 2023.
- Other corporate deposits (comprised of financial institution group (FIG), brokered, and listed certificates of deposits) decreased $16.6 million from the linked quarter.
- As of March 31, 2023, Business First had approximately $1.8 billion of primary and secondary liquidity.
- During the quarter ended March 31, 2023, Business First recorded a provision for credit losses of $3.2 million, compared to $3.1 million for the linked quarter.
