Business first bancshares EVP&COO sells $134,736 of company stock

Keith Mansfield, Executive Vice President and Chief Operating Officer of b1Bank, a subsidiary of Business First Bancshares, Inc. (), sold 4,200 shares of the company’s common stock on July 30, 2026. The transactions totaled $134,736, with shares sold at prices ranging from $31.98 to $32.14 per share. The reported price of $32.08 reflects the weighted average sale price. The sale comes as BFST trades near its 52-week high of $32.39, following a strong 37% return over the past year.

Following these transactions, Mr. Mansfield directly holds 77,139 shares of Business First Bancshares, Inc. common stock. This total includes 27,000 shares held within his investment retirement account. According to InvestingPro analysis, BFST appears undervalued at current levels, with 8 additional ProTips available to subscribers.

Additionally, Mr. Mansfield beneficially owns 13,374 restricted stock units (RSUs). These units include 3,722 time-based RSUs granted on December 12, 2024, which are set to vest in two substantially equal installments on the second and third anniversaries of the issuance date. Another 3,912 time-based RSUs, granted on March 1, 2025, will also vest in two substantially equal installments on their second and third anniversaries. The remaining 5,740 time-based RSUs, granted on March 2, 2026, are scheduled to vest in three substantially equal installments on the first, second, and third anniversaries of their issuance date.

In other recent news, Business First Bancshares reported its second-quarter earnings, showing a slight beat over Wall Street estimates. The company achieved adjusted earnings per share of $0.71, surpassing the consensus estimate of $0.70. Revenue for the quarter reached $91.7 million, slightly ahead of the forecasted $91.31 million. The earnings beat was attributed to a lower loan loss provision expense and higher net interest income, although these were partially offset by increased operating expenses and slower fee income. Stephens, an investment firm, responded to these results by raising its price target for Business First Bancshares from $34 to $36 while maintaining an Overweight rating. Despite the positive earnings report, the company’s stock experienced a decline in after-hours trading as investors considered mixed balance-sheet trends and a cautious future outlook.