Business First Bancshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
January 26, 2023 at 02:31 am IST
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Business First Bancshares, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 56.06 million compared to USD 38.34 million a year ago. Net income was USD 17.97 million compared to USD 12.07 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.59 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 0.59 a year ago.
For the full year, net interest income was USD 199.58 million compared to USD 153.88 million a year ago. Net income was USD 54.26 million compared to USD 52.14 million a year ago. Basic earnings per share from continuing operations was USD 2.34 compared to USD 2.54 a year ago. Diluted earnings per share from continuing operations was USD 2.32 compared to USD 2.53 a year ago.
Business First Bancshares, Inc. is a financial holding company. The Company operates through its banking subsidiary, b1BANK (the Bank). The Bank is a Louisiana state banking association and community-based financial institution that offers a range of banking products and services. It operates throughout the state of Louisiana, in the Dallas/Fort Worth metroplex and Houston, from a network of banking centers and loan production offices. It offers checking, savings and money market accounts, certificates of deposit, commercial and consumer loans, mortgage loans, real estate loans, and other installment and term loans. In addition, it offers its customers wealth management products, drive-through banking facilities, automated teller machines, night depository, credit cards, Internet banking, electronic funds transfers through ACH services, domestic and foreign wire transfers, travelerâs checks, cash management, vault services, loan and deposit sweep accounts, and lock box services.
BUSINESS FIRST BANCSHARES, INC. 
