Filing Flows › Business First Bancshares (BFST) › Q1 2025
Business First Bancshares (BFST) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Business First Bancshares (BFST) reported revenue of $79.2M for the first quarter 2025 (Q1 2025), +30% from a year earlier and +2% from the quarter before. Operating margin was 32.6%, net earnings $20.5M (25.9% of revenue).
Business First Bancshares, Q1 2025: revenue $79.2M (+30% year over year), operating margin 32.6%, net earnings $20.5M, operating cash flow $28.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $79.2M | +2% | +30% |
| Operating profit | $25.8M | +21% | +50% |
| Net earnings | $20.5M | +25% | +51% |
| Operating cash flow | $28.6M | +65% | +276% |
| Free cash flow | $27.5M | +56% | +281% |
What changed
Revenue was $79.2M in Q1 2025, up 30% year over year and up 2% from the previous quarter.
Operating profit was $25.8M, a 32.6% margin (up 4.3 points year over year). Of the extra revenue versus a year earlier, 47% reached operating profit, above the 28% margin then. Total costs grew 22% against revenue growth of 30%. The fastest-growing cost line was Credit loss provision (+137%). Net earnings were $20.5M, up 51% year over year. The effective tax rate was 20.4%.
Operating cash flow was $28.6M (up 276% year over year), 139% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $5.0M. Capital expenditures of $1.1M left free cash flow of $27.5M.
Questions
What was Business First Bancshares' revenue in the first quarter 2025?
Business First Bancshares (BFST) reported revenue of $79.2M for the first quarter 2025 (Q1 2025), +30% from a year earlier and +2% from the quarter before.
Was Business First Bancshares profitable in the first quarter 2025?
Operating profit was $25.8M (32.6% of revenue) and net earnings $20.5M.