Business First Bancshares, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018
January 29, 2019 at 04:01 pm
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Business First Bancshares, Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total interest income of $21,553,000 compared to $13,672,000 a year ago. Net interest income was $17,117,000 compared to $11,589,000 a year ago. Net income was $3,445,000 compared to net loss $862,000 a year ago. Basic earnings per common share were $0.28 compared to loss per basic common share $0.09 a year ago.
For the year, the company reported total interest income of $76,195,000 compared to $51,601,000 a year ago. Net interest income was $62,229,000 compared to $44,372,000 a year ago. Net income was $14,091,000 compared to net income of $4,848,000 a year ago. Basic earnings per common share were $1.27 compared to basic earnings per common share $0.63 a year ago. Diluted earnings per common share were $1.22 compared to $0.61 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. 
