undamentalytics Newsletter

Business First Bancshares vs Midland States Bancorp

Business First Bancshares and Midland States Bancorp are similar in size: $325m and $325m of revenue in their latest fiscal years. Business First Bancshares grew faster (19.6% against -13.4%). Business First Bancshares kept more of each dollar of sales as profit: a net margin of 27.1% against -38.2%.

Latest fiscal yearBusiness First BancsharesBFST, 2025Midland States BancorpMSBI, 2025
Revenue $325m $325m
Revenue growth 19.6% -13.4%
Net income $87.9m −$124m
Operating margin — —
Net margin 27.1% -38.2%
Return on equity 10.4% -19.5%
Free cash flow $92.0m $120m
Cash $411m $128m
Total debt $0 $60.2m
Debt to equity — —
Dividend per share $0.57 $1.26
Dividend yield 2.0% 4.0%
Share buybacks $3.7m $9.7m
Employees — 861
Market value $951m $695m
Price vs our value range — —
Moat score 57 (Moderate) 50 (Moderate)
Insider trades, 12 months 3 buys, 30 sales 7 buys, 5 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.