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Side-by-side financial comparison of Business First Bancshares, Inc. (BFST) and McEwen Inc. (MUX). Click either name above to swap in a different company.

Business First Bancshares, Inc. is the larger business by last-quarter revenue ($83.1M vs $64.6M, roughly 1.3× McEwen Inc.). On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 7.1%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% CAGR vs 16.8%).

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

BFST vs MUX — Head-to-Head

Bigger by revenue
BFST
BFST
1.3× larger
BFST
$83.1M
$64.6M
MUX
Growing faster (revenue YoY)
MUX
MUX
+85.7% gap
MUX
92.8%
7.1%
BFST
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
16.8%
BFST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFST
BFST
MUX
MUX
Revenue
$83.1M
$64.6M
Net Profit
$38.1M
Gross Margin
26.9%
Operating Margin
33.2%
34.2%
Net Margin
59.0%
Revenue YoY
7.1%
92.8%
Net Profit YoY
563.1%
EPS (diluted)
$0.71
$0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BFST
BFST
MUX
MUX
Q4 25
$83.1M
$64.6M
Q3 25
$80.9M
$50.5M
Q2 25
$81.5M
$46.7M
Q1 25
$79.2M
$35.7M
Q4 24
$77.6M
$33.5M
Q3 24
$66.9M
$52.3M
Q2 24
$66.2M
$47.5M
Q1 24
$60.9M
$41.2M
Net Profit
BFST
BFST
MUX
MUX
Q4 25
$38.1M
Q3 25
$22.9M
$-462.0K
Q2 25
$22.1M
$3.0M
Q1 25
$20.5M
$-6.3M
Q4 24
$-8.2M
Q3 24
$17.8M
$-2.1M
Q2 24
$17.2M
$-13.0M
Q1 24
$13.6M
$-20.4M
Gross Margin
BFST
BFST
MUX
MUX
Q4 25
26.9%
Q3 25
15.5%
Q2 25
26.3%
Q1 25
28.2%
Q4 24
1.1%
Q3 24
26.4%
Q2 24
22.7%
Q1 24
14.6%
Operating Margin
BFST
BFST
MUX
MUX
Q4 25
33.2%
34.2%
Q3 25
35.7%
-16.7%
Q2 25
34.4%
-7.2%
Q1 25
32.6%
-21.4%
Q4 24
27.5%
-43.4%
Q3 24
34.0%
-0.2%
Q2 24
32.9%
-29.4%
Q1 24
28.2%
-53.3%
Net Margin
BFST
BFST
MUX
MUX
Q4 25
59.0%
Q3 25
28.2%
-0.9%
Q2 25
27.1%
6.5%
Q1 25
25.9%
-17.6%
Q4 24
-24.6%
Q3 24
26.7%
-4.0%
Q2 24
26.0%
-27.4%
Q1 24
22.3%
-49.4%
EPS (diluted)
BFST
BFST
MUX
MUX
Q4 25
$0.71
$0.66
Q3 25
$0.73
$-0.01
Q2 25
$0.70
$0.06
Q1 25
$0.65
$-0.12
Q4 24
$0.51
$-0.15
Q3 24
$0.65
$-0.04
Q2 24
$0.62
$-0.26
Q1 24
$0.48
$-0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFST
BFST
MUX
MUX
Cash + ST InvestmentsLiquidity on hand
$411.2M
$72.1M
Total DebtLower is stronger
$126.2M
Stockholders' EquityBook value
$896.9M
$546.2M
Total Assets
$8.2B
$820.2M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFST
BFST
MUX
MUX
Q4 25
$411.2M
$72.1M
Q3 25
$399.1M
$75.4M
Q2 25
$495.8M
$69.5M
Q1 25
$312.9M
$79.3M
Q4 24
$319.1M
$15.3M
Q3 24
$213.2M
$30.2M
Q2 24
$208.1M
$42.6M
Q1 24
$185.9M
$22.0M
Total Debt
BFST
BFST
MUX
MUX
Q4 25
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
BFST
BFST
MUX
MUX
Q4 25
$896.9M
$546.2M
Q3 25
$878.4M
$488.6M
Q2 25
$848.4M
$484.5M
Q1 25
$826.3M
$479.8M
Q4 24
$799.5M
$495.0M
Q3 24
$699.5M
$502.1M
Q2 24
$664.5M
$485.2M
Q1 24
$649.0M
$482.5M
Total Assets
BFST
BFST
MUX
MUX
Q4 25
$8.2B
$820.2M
Q3 25
$8.0B
$747.6M
Q2 25
$7.9B
$735.6M
Q1 25
$7.8B
$730.6M
Q4 24
$7.9B
$664.6M
Q3 24
$6.9B
$667.8M
Q2 24
$6.7B
$645.1M
Q1 24
$6.7B
$638.7M
Debt / Equity
BFST
BFST
MUX
MUX
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFST
BFST
MUX
MUX
Operating Cash FlowLast quarter
$92.1M
$3.1M
Free Cash FlowOCF − Capex
$92.0M
FCF MarginFCF / Revenue
110.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$165.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFST
BFST
MUX
MUX
Q4 25
$92.1M
$3.1M
Q3 25
$32.4M
$5.2M
Q2 25
$14.0M
$478.0K
Q1 25
$28.7M
$-1.9M
Q4 24
$61.4M
$-1.2M
Q3 24
$21.4M
$23.2M
Q2 24
$15.1M
$3.6M
Q1 24
$7.6M
$3.9M
Free Cash Flow
BFST
BFST
MUX
MUX
Q4 25
$92.0M
Q3 25
$32.1M
Q2 25
$13.8M
Q1 25
$27.7M
Q4 24
$59.8M
Q3 24
$21.0M
Q2 24
$14.0M
Q1 24
$7.2M
FCF Margin
BFST
BFST
MUX
MUX
Q4 25
110.7%
Q3 25
39.6%
Q2 25
16.9%
Q1 25
34.9%
Q4 24
77.1%
Q3 24
31.4%
Q2 24
21.2%
Q1 24
11.8%
Capex Intensity
BFST
BFST
MUX
MUX
Q4 25
0.1%
Q3 25
0.4%
Q2 25
0.3%
Q1 25
1.3%
Q4 24
2.0%
Q3 24
0.6%
Q2 24
1.6%
Q1 24
0.6%
Cash Conversion
BFST
BFST
MUX
MUX
Q4 25
0.08×
Q3 25
1.42×
Q2 25
0.63×
0.16×
Q1 25
1.40×
Q4 24
Q3 24
1.20×
Q2 24
0.88×
Q1 24
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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