13FPulse
BF

BFST BUSINESS FIRST BANCSHARES

2026Q2 · CUSIP 12326C105 · Sector: Financials

Normal

Fund flows are within the usual range

Funds that own it
171
Institutions that reported holding it to the SEC
Net increase in holders
+3
Last quarter 168 → now 171
How unusual is that
Below average
Stronger than only 49% of US stocks
What the filings say, in one paragraph

171 funds held BFST at the end of 2026Q2, up 3 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, the P/E is 11.1x, return on equity is 9.2%. BFST has had 1 buying rushes in its history, and the price moved +1.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2018Q3: holders=53 2018Q4: holders=52 2019Q1: holders=46 2019Q2: holders=45 2019Q3: holders=48 2019Q4: holders=53 2020Q1: holders=55 2020Q2: holders=58 2020Q3: holders=51 2020Q4: holders=50 2021Q1: holders=58 2021Q2: holders=60 2021Q3: holders=68 2021Q4: holders=82 2022Q1: holders=84 2022Q2: holders=79 2022Q3: holders=81 2022Q4: holders=94 2023Q1: holders=97 2023Q2: holders=94 2023Q3: holders=107 2023Q4: holders=116 2024Q1: holders=109 2024Q2: holders=110 2024Q3: holders=126 2024Q4: holders=142 2025Q1: holders=147 2025Q2: holders=143 2025Q3: holders=156 2025Q4: holders=167 2026Q1: holders=168 2026Q2: holders=171 -16 -8 +0 +8 +16 40110180 18Q319Q320Q321Q322Q323Q324Q325Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 1 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2023Q3 Top 20% +5.9% +1.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
98
Change in large funds
+9
Total value they hold
$575M
Funds buying for the first time
23
Funds that sold out entirely
20
Price change that quarter
+15.0%
Funds holding puts (bearish)
0
Funds holding calls (bullish)
1

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
11.1
EPS (TTM)
$2.82
EPS YoY
+12.3%
Revenue (TTM)
Revenue YoY
Net margin
ROE
9.2%
Debt ratio
88.7%
FCF (TTM)
Dividend (TTM)
$0.59
Quarterly Revenue & EPS
2021-09-30: EPS 0.50 2021-12-31: EPS 0.60 2022-03-31: EPS 0.41 2022-06-30: EPS 0.61 2022-09-30: EPS 0.61 2022-12-31: EPS 0.69 2023-03-31: EPS 0.54 2023-06-30: EPS 0.73 2023-09-30: EPS 0.76 2023-12-31: EPS 0.56 2024-03-31: EPS 0.48 2024-06-30: EPS 0.62 2024-09-30: EPS 0.65 2024-12-31: EPS 0.51 2025-03-31: EPS 0.65 2025-06-30: EPS 0.70 2025-09-30: EPS 0.73 2025-12-31: EPS 0.71 2026-03-31: EPS 0.68 2026-06-30: EPS 0.70 0.00 0.42 0.84 20212022202320242025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 10 5 9 12 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-16M8M32M 20162017201820192020202120222023202420252026
Latest quarter $18M (2025-12-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.