BFST
Business First Bancshares, Inc.
BFST offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
JPM
JPMorgan Chase & Co.
JPM has a slight edge over BFST overall, supported by stronger modeled upside and lower modeled downside.
BFST Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BFST's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BFST.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
BFST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.2x | $22.92 | -29% |
| Fair | 10x | $27.95 | -14% |
| Forward | 10x | $32.41 | — |
| Expensive | 12x | $33.92 | +4.6% |
| Current | 12x | $32.41 | — |
Historical ranges are pointers, not guarantees.
BFST's PE is in its expensive range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its fair range.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM has the edge over BFST in the historical PE scenario, which offers more potential upside but is not a forecast.
BFST Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
BFST has the edge over JPM on the outlook, with more favorable valuation expectations.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
BFST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.23 | +16% |
| Q3 2026 | $2.80 | +8.1% |
| Q2 2026 | $2.82 | +12% |
| Q1 2026 | $2.82 | +16% |
| Q4 2025 | $2.79 | +23% |
| Q3 2025 | $2.59 | +12% |
| Q2 2025 | $2.51 | +3.7% |
| Q1 2025 | $2.43 | -4% |
| Q4 2024 | $2.26 | -13% |
BFST earned $2.80 per share over the past year, up 8.1% from the year before.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over BFST on earnings, with more consistent year-over-year improvement.
BFST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $93.2M | +15% |
| Q2 2026 | $91.8M | +13% |
| Q1 2026 | $89.2M | +13% |
| Q4 2025 | $83.1M | +7.1% |
| Q3 2025 | $80.9M | +21% |
| Q2 2025 | $81.5M | +23% |
| Q1 2025 | $79.2M | +30% |
| Q4 2024 | $77.6M | +29% |
BFST has the edge over JPM on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 33% | -2.6 points |
| Q2 2026 | 33% | -1.4 points |
| Q1 2026 | 33% | +0.4 points |
| Q4 2025 | 33% | +5.7 points |
| Q3 2025 | 36% | +1.6 points |
| Q2 2025 | 34% | +1.5 points |
| Q1 2025 | 33% | +4.4 points |
| Q4 2024 | 27% | -6.3 points |
BFST's operating margin was 33% last quarter, down 2.6 points from the same quarter a year ago.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM's revenue has grown year over year for five quarters in a row: $50.2B last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over BFST on profitability, with a higher operating margin.
BFST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $43.7M | +36% |
| Q2 2026 | $27.1M | +96% |
| Q1 2026 | $26.7M | -3.5% |
| Q4 2025 | $18.5M | +5% |
| Q3 2025 | $32.1M | +53% |
| Q2 2025 | $13.8M | -1.5% |
| Q1 2025 | $27.7M | +283% |
| Q4 2024 | $17.6M | +15% |
BFST has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
BFST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -32.7K shares |
| 1 year | +10% | +3.1M shares |
| 3 years | +29% | +7.4M shares |
| 5 years | +60% | +12.2M shares |
| Available history | +139% | +19.1M shares |
BFST has 33M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.3M |
| Q2 2026 | $4.8M |
| Q1 2026 | $2.8M |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over BFST on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
BFST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.2x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | 1.0x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 1.0x | Healthy |
| Q4 2024 | 1.6x | Healthy |
BFST has the edge over JPM on leverage, with a lower net debt burden relative to earnings.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
BFST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.9 | Neutral |
| Stochastic | 69.8 | Neutral |
BFST's weekly RSI is 65 (neutral) and its Stochastic is 70 (neutral).
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
BFST PE vs Financial Services Sector
| Metric | BFST | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 11% below |
| PE % | 80 | 63 | 17 pts above |
BFST has the edge over JPM on valuation relative to its sector.
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
BFST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.5 | 3% above |
| 20 week MA | $31.3 | 3.4% above |
| 50 week MA | $29.2 | 11% above |
| 100 week MA | $26.9 | 20% above |
| 200 week MA | $24.0 | 35% above |
BFST has the edge over JPM on trend strength, trading above more of its moving averages.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.
BFST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.9 | $20.0 | -20% |
| 2021 | $20.0 | $28.1 | +41% |
| 2022 | $28.1 | $22.0 | -22% |
| 2023 | $22.0 | $24.7 | +12% |
| 2024 | $24.7 | $25.7 | +4.3% |
| 2025 | $25.7 | $26.7 | +3.9% |
| 2026 YTD | $26.7 | $32.4 | +21% |
BFST has the edge over JPM on returns for 2026, with the stronger performance.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.