For the third quarter of 2026, analysts expect Business First Bancshares Inc to report consensus revenue of $93.25 million and EPS of $0.74, while the stock’s current price of $31.80 sits roughly 9% below the average analyst target of $34.90.
Investors are primarily focused on net interest margin (NIM) expansion and the realization of synergies from the recent Progressive Bank conversion. Management has guided for core non-interest expenses to drop to approximately $58 million this quarter as cost-saving initiatives take hold. Additional focus remains on asset quality and loan production in the Houston market to offset slower growth in core Louisiana territories.