Q3 EPS Jumps 27% to $1.05 as Margin Expands to 4.87%
BFST sits 35% above its 52-week low of $22.56 on light trading volume (0.1× avg).
Summary
Q3 net income rose 27% to $2.56M, or $1.05 per share, from $2.01M ($0.83) a year ago. Net interest margin expanded to 4.87% from 4.62%, while cost of funds fell to 1.77% from 2.01%. Loans grew 25% YoY to $582.2M and nonaccruals remain negligible at 0.14% of loans. This is the sixth consecutive record quarter, confirming the profitability upswing. The prior Q2 report showed $0.70 EPS, so the sequential jump is notable. Asset quality remains clean, supporting the growth story.
At the time of this announcement, BFST was trading at $30.53 on NASDAQ in the Finance sector, with a market capitalization of approximately $993.7M. The 52-week trading range was $22.56 to $32.53. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.