Business First Bancshares, Inc., Raises $72.0 Million in Preferred Equity
BATON ROUGE, La. , Sept. 01, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ:BFST) (Business First), parent company of b1BANK, Baton Rouge, La., announced that it has successfully raised $72.0 million through a self-managed private placement of preferred stock. "This equity raise provides us with additional capital to support our continued growth and will assist with our efforts to support small businesses and entrepreneurs across our footprint," said Jude Melville, president and CEO. "Our investments in recruiting and developing a talented team enabled us to accomplish this self-managed placement. We are gratified by the number of individuals, businesses and institutio
