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Stock impact report

Business First Bancshares, Inc., Announces Financial Results for Q1 2020

Business First Bancshares, Inc. (BFST) 
Last business first bancshares, inc. earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
BATON ROUGE, La., April 28, 2020 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the quarter ended March 31, 2020, including net income of $4.5 million, or $0.34 per diluted share, decreases of $1.2 million and $0.07, respectively, from the quarter ended March 31, 2019. On a non-GAAP basis, core net income for the quarter ended March 31, 2020, which excludes noncore income and expenses, was $5.0 million, or $0.37 per diluted share, decreases of $655,000 and $0.04, respectively, from the quarter ended March 31, 2019. Both net income and diluted earnings per share were adversely impacted for the quarter ended March 31, 2020, by additional provision for loan losses related to the expected impact of the COVID-19 pandemic. In response to the COVID-19 pandemic, Business First proactively assisted, and continues to assist, customers by deferring principal and/or Show less Read more
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