Business First Bancshares, Inc. (BFST) Fair Value 2026

BFST · State Commercial Banks ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

9.2 /10

32 fundamental signals · 12 models active

Value Trap Risk

SAFE (8/100)

Quick Summary — As of 2026-07-13, Business First Bancshares, Inc. (BFST) trades at $30.37, approximately 74% below CirclFi’s Bayesian DCF fair value of $117.38. QOC: 9.2/10. Value Trap Risk: 8/100 (SAFE). 12/13 models active.

Key Facts

Ticker
BFST
Price
$30.37
Quality Score
9.2/10
Value Trap Risk
8/100
Models Active
12/13
Last Updated
Strength: Bayesian DCF suggests +286.5% upside with 65% confidence
Risk: Limited model coverage (12/13) may reduce confidence

Valuation Matrix

12 Intrinsic Value Models vs. Current Price ($30.37)

Core Models (Unlocked)
Model Fair Value Upside
Bayesian DCF
High Conviction
$117.38 +286.5%
Earnings Power Value
High Conviction
$11.05 -63.6%
CUCE Ensemble
Low Conviction
$40.29 +32.7%
First Chicago
High Conviction
$45.26 +49.0%

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What Is Business First Bancshares, Inc. (BFST) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Business First Bancshares, Inc.'s intrinsic value is estimated at a composite $46.87, showing conflicting signals at the current price of $30.37. While the average implied return is +54.3%, model disagreement is elevated with a gap of +356.9% between the most bullish and bearish estimates. The most optimistic model, Bayesian DCF, places fair value at $117.38 (+286.5%), while Markov DDM — the most conservative — estimates $9.00 (-70.4%). This +356.9% gap reflects genuine analytical uncertainty about Business First Bancshares, Inc.'s intrinsic worth.

What Do the Models Say About BFST?

12 of 13 models are currently active for BFST. Of these, 7 models suggest upside while 5 models suggest overvaluation. The Bayesian DCF estimates BFST's intrinsic value at $117.38, implying +286.5% upside from the current price. See which stocks rank higher →

How Does BFST Rank in State Commercial Banks?

Among 170 State Commercial Banks stocks, BFST ranks #7 by Quality of Company score. CirclFi's QOC score of 9.2/10 evaluates 32 fundamental signals. A score of 9.2 places BFST in the top tier.

See all Most Undervalued State Commercial Banks Stocks →

Within the State Commercial Banks space, Business First Bancshares, Inc. competes in an environment where deposit growth often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is BFST a Value Trap?

CirclFi's Value Trap algorithm assigns BFST a score of 8/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

12 of 13 models are active for Business First Bancshares, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Business First Bancshares, Inc. is rated at 9.2/10. This elite-tier score ranks among the highest-quality businesses in our coverage universe.

The gap between the most bullish and bearish model spans +356.9% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every BFST valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across BFST's 12 active models, average confidence is 48%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Business First Bancshares, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar State Commercial Banks Stocks Should You Also Analyze?

8 related State Commercial Banks stocks with 13-model coverage

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Frequently Asked Questions About Business First Bancshares, Inc.

What is Business First Bancshares, Inc.'s intrinsic value in 2026?

Based on CirclFi's 13-model analysis, Business First Bancshares, Inc. (BFST) has multiple fair value estimates. The Bayesian DCF model runs 10,000 Monte Carlo simulations with jump-diffusion to estimate intrinsic value at $117.38. The Quality of Company score is 9.2/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is BFST overvalued or undervalued right now?

At $30.37, 7 of 12 active models suggest BFST may be undervalued, while 5 indicate potential overvaluation. The assessment depends on which methodology best fits Business First Bancshares, Inc.'s business model in State Commercial Banks.

What does a Quality of Company score of 9.2 mean for BFST?

Business First Bancshares, Inc.'s QOC of 9.2/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on BFST?

CirclFi analyzes BFST with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 12 of 13 are active for this stock. Read the full methodology →

Is BFST a value trap in 2026?

Business First Bancshares, Inc.'s Value Trap score is 8/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

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