Business First Bancshares, Inc.

BFSTNASDAQFinancial Services● Active

$28.56

+$0.11(+0.39%)

Market Cap$933283651

P/E Ratio—

52W High$30.32

52W Low$22.515

Avg Volume187K

Open$28.70

Beta0.79

Free Cash Flow Financials Revenue

Business First Bancshares, Inc. (BFST) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BFST · free cash flow · updated Jun 8, 2026

Core FCF metrics

BFST · FCF · TTM · margin & CAGR

Free cash flow was $92.1M for FY2025 (fiscal year ending 2025-12-31), up 53.9% year-over-year The FCF margin was 18.0%. Five-year CAGR stands at +28.4%.

FY2025 Free Cash Flow$92.1M▲ +53.9% YoY

Trailing 12M (TTM)$86.8Mtrailing 4 quarters sum

FCF Margin18.0%$92.1M ÷ revenue

3-Year CAGR+14.2%FY2022 → FY2025

5-Year CAGR+28.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BFST · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$92.1M(0M)$92.1M▲ +53.9%18.0%

FY2024$61.4M(2M)$59.8M▼ 25.9%13.1%

FY2023$92.4M(12M)$80.8M▲ +30.7%20.9%

FY2022$69.6M(8M)$61.8M▲ +17.8%23.4%

FY2021$56.4M(4M)$52.5M▲ +99.0%25.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BFST · P/FCF · FCF yield · FCF per share

Business First Bancshares, Inc. (BFST) trades at a FCF yield of 9.31% and a price-to-free-cash-flow ratio of 9.7x. FCF per share stands at $2.94, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.31%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.94

TTM FCF ÷ Shares Outstanding

Price / FCF

x9.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x8.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

BFST · cash flow statement · operating / investing / financing

For FY2025, Business First Bancshares, Inc. generated $92.1M in operating cash flow and spent 0M in capital expenditures, yielding $92.1M in free cash flow.

Operating Activities

+$92.1M

Cash from core business operations

2025-12-31

Investing Activities

−$281.5M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$281.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($92.1M) − |CapEx| (0M) = FCF ($92.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

BFST vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Business First Bancshares, Inc.YOU

BFST

$92.1M+53.9%18.0%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Business First Bancshares, Inc. (BFST) reported free cash flow of $92.1M for FY2025 (fiscal year ending 2025-12-31), up 53.9% year-over-year. The FCF margin was 18.0%.

Based on available data, Business First Bancshares, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $92.1M in FY2025. The 5-year CAGR stands at +28.4%.

Business First Bancshares, Inc.'s FCF yield is 9.31% and price-to-FCF ratio is 9.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BFST free cash flow · 8 questions

Business First Bancshares, Inc. free cash flow was $92.1M for FY2025, up 53.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $86.8M.

BFST free cash flowBFST FCFBFST FCF 2025BFST free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Business First Bancshares, Inc. · Business First Bancshares, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026