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ClosedPublished 5 Jan 2026

Business First Bancshares, Inc. /
Progressive Bancorp, Inc.

Business First completes merger with Progressive Bancorp

Buy side: Business First Bancshares, Inc.
Buy sideBusiness First Bancshares, Inc.
Target: Progressive Bancorp, Inc.
TargetProgressive Bancorp, Inc.
Business First Bancshares, Inc. · 5 Jan 2026Source
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Buy side: Business First Bancshares, Inc.
Buy sideBusiness First Bancshares, Inc.
Target: Progressive Bancorp, Inc.
TargetProgressive Bancorp, Inc.
01 / BuyerBusiness First Bancshares, Inc.
02 / TargetProgressive Bancorp, Inc.
Source for the buyer and target: Business First Bancshares, Inc.

For the buyer and target.

“On January 1, 2026, pursuant to the previously announced Agreement and Plan of Reorganization, dated as of July 7, 2025 (the “Reorganization Agreement”), by and between Business First Bancshares, Inc., a Louisiana corporation (“BFST”), and Progressive Bancorp, Inc., a Louisiana corporation (“Progressive”), Progressive merged with and into BFST, with BFST continuing as the surviving corporation (the “Merger”).”

Published 5 Jan 2026

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01

What happened

Business First Bancshares, Inc. completed its merger with Progressive Bancorp, Inc. on Jan. 1, 2026, with Business First Bancshares, Inc. continuing as the surviving corporation. [01]

Progressive Bank also merged into b1BANK, which continued as the surviving bank. Progressive shareholders received Business First common stock and cash in lieu of fractional shares. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Business First Bancshares, Inc.

Business First completes merger with Progressive Bancorp

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Closed

    “Business First completes merger with Progressive Bancorp Business First Bancshares, Inc. completed its merger with Progressive Bancorp, Inc. on Jan. 1, 2026, with Business First Bancshares, Inc. continuing as the surv…”

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  2. Published by Business First Bancshares, Inc.

    The source this page is built from.

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