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Stock impact report

Business First Bancshares, Inc. Completes Acquisition of Progressive Bank [Yahoo! Finance]

Business First Bancshares, Inc. (BFST) 
Last business first bancshares, inc. earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
b1BANK, announced today the successful completion of its previously announced acquisition of Progressive Bancorp, Inc. (Progressive) and its wholly-owned bank subsidiary, Progressive Bank. “We love this opportunity to build upon the investments we've made for many years in this important part of our footprint,” said Jude Melville, chairman, president and CEO of Business First. “Our teams have known each other for a long time and, given the similar cultural approaches and priorities of our respective organizations, it feels to me very much like coming home. We look forward to contributing to North Louisiana's success by together serving clients across the region more deeply than either of us could on our own.” The acquisition increases Business First's total assets to approximately $8.7 billion with more than $6.6 billion in total loans and $7.2 billion in deposits, and expands b1BANK's presence across Louisiana, including nine additional North Louisiana locations. As of September Show less Read more
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