BFST (Business First Bancshares) Book Value per Share: $28.18 (As of Mar. 2026)


BFST Business First Bancshares Inc BFST
64 GF Score
Price $30.65
GF Value $25.74
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Business First Bancshares Book Value per Share?

Business First Bancshares BFST -2.48% 64 Book Value per Share is $28.18 as of Mar. 2026. GuruFocus rates BFST with a GF Score™ of 64/100 and a GF Value™ of $25.74 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Business First Bancshares's book value per share for the quarter that ended in Mar. 2026 was $28.18.

During the past 12 months, Business First Bancshares's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Business First Bancshares was 11.30% per year. The lowest was -1.90% per year. And the median was 5.00% per year.

Business First Bancshares's current price is $30.65. Its book value per share for the quarter that ended in Mar. 2026 was $28.18. Hence, today's PB Ratio of Business First Bancshares is 1.09.

During the past 11 years, the highest P/B Ratio of Business First Bancshares was 1.78. The lowest was 0.46. And the median was 1.08.

Warning Sign:

Business First Bancshares Inc stock PB Ratio (=1.09) is close to 3-year high of 1.18.


Business First Bancshares  (NAS:BFST) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Business First Bancshares Book Value per Share Related Terms


Business First Bancshares Book Value per Share Historical Data

* Premium members only.

The historical data trend for Business First Bancshares's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Business First Bancshares Book Value per Share Chart

Business First Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.24 20.25 22.58 24.62 27.95

Business First Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.51 26.23 27.23 27.95 28.18

BFST vs FBAK, CCNE, AMTB: Book Value per Share Comparison

For the Banks - Regional subindustry, Business First Bancshares's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Business First Bancshares PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Business First Bancshares's PB Ratio distribution charts can be found below:

* The bar in red indicates where Business First Bancshares's PB Ratio falls into.


BFST
64GF Score
Business First Bancshares Inc BFST
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Business First Bancshares Book Value per Share Calculation

Business First Bancshares's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(896.9-71.9)/29.5
=27.95

Business First Bancshares's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(991.2-71.9)/32.6
=28.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $28.18 mean?
Business First Bancshares (BFST) has a Book Value per Share of $28.18 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Business First Bancshares and its competitors.
Is Business First Bancshares' Book Value per Share too high?
Business First Bancshares' current Book Value per Share is $28.18. Overall, Business First Bancshares has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business First Bancshares' Book Value per Share compare to FBAK and CCNE?
Business First Bancshares' Book Value per Share of $28.18 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Banks company?
A good Book Value per Share depends on the Banks industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Business First Bancshares and its competitors. Business First Bancshares's current Book Value per Share is $28.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business First Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Business First Bancshares (BFST) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.74, compared to a current price of $30.65 — trading 19.1% above its estimated fair value. The current Book Value per Share is $28.18. Business First Bancshares' overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Business First Bancshares (BFST), the current Book Value per Share is $28.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Business First Bancshares (BFST) Overvalued in 2026?

Based on GuruFocus' analysis, Business First Bancshares stock appears to be overvalued. The current stock price of $30.65 is trading 19.1% above its estimated GF Value™ of $25.74. GuruFocus considers Business First Bancshares to be Modestly Overvalued.

Key valuation signals for BFST:

  • Book Value per Share: $28.18
  • GF Value™: $25.74 vs. price of $30.65 (19.1% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the BFST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business First Bancshares Business Description

Address 500 Laurel Street, Suite 101, Baton Rouge, LA, USA, 70801
Business First Bancshares Inc is a bank holding company. The company's services include personal and commercial banking, treasury management, and wealth solutions. It provides a range of financial services to small-to-midsized businesses and professionals. The company generates the majority of its revenues from interest income on loans, customer service and loan fees, and interest income from securities.
64GF Score

Get the complete analysis for BFST

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$30.65
Price
$25.74
GF Value