Filing Flows › Business First Bancshares (BFST) › Q3 2025
Business First Bancshares (BFST) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Business First Bancshares (BFST) reported revenue of $80.9M for the third quarter 2025 (Q3 2025), +21% from a year earlier and -0.6% from the quarter before. Operating margin was 35.7%, net earnings $22.9M (28.2% of revenue).
Business First Bancshares, Q3 2025: revenue $80.9M (+21% year over year), operating margin 35.7%, net earnings $22.9M, operating cash flow $32.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.9M | -0.6% | +21% |
| Operating profit | $28.9M | +3% | +27% |
| Net earnings | $22.9M | +3% | +28% |
| Operating cash flow | $32.4M | +131% | +51% |
| Free cash flow | $32.1M | +132% | +53% |
What changed
Revenue was $80.9M in Q3 2025, up 21% year over year and down 1% from the previous quarter.
Operating profit was $28.9M, a 35.7% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 43% reached operating profit, above the 34% margin then. Total costs grew 18% against revenue growth of 21%. The fastest-growing cost line was Credit loss provision (+91%). Net earnings were $22.9M, up 28% year over year. The effective tax rate was 20.9%.
Operating cash flow was $32.4M (up 51% year over year), 142% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $6.9M. Capital expenditures of $334K left free cash flow of $32.1M.
Questions
What was Business First Bancshares' revenue in the third quarter 2025?
Business First Bancshares (BFST) reported revenue of $80.9M for the third quarter 2025 (Q3 2025), +21% from a year earlier and -0.6% from the quarter before.
Was Business First Bancshares profitable in the third quarter 2025?
Operating profit was $28.9M (35.7% of revenue) and net earnings $22.9M.