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Stock impact report

Business First Bancshares, Inc. Completes Acquisition of Pedestal Bancshares, Inc.

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., May 01, 2020 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (NASDAQ: BFST), the holding company for b1BANK, has completed its acquisition of Pedestal Bancshares, Inc. (Pedestal) and its wholly owned bank subsidiary, Pedestal Bank. The acquisition became effective May 1, 2020, in accordance with the terms of the previously announced agreement. “We are committed to being our regions’ bank of choice, come good times or bad” said Jude Melville, president and CEO of b1BANK. “This merger is a significant step towards that goal. We’re excited about the team growing and look forward to delivering to clients the same level of expertise and service they are accustomed to receiving from their bank, service that we know is particularly meaningful in this period of stress we together find ourselves making our way through.” With the completion of the acquisition, b1BANK has approximately $4.1 billion in assets, $3.0 billion in loans and $3.3 billion in de Show less Read more
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