Business First Bank has been renamed b1BANK, the bank’s parent company Business First Bancshares Inc. announced this morning.
The name change was approved earlier this year by the bank’s board of directors and reflects the bank’s diversified growth to $2.2 billion in assets, according to a prepared statement.
“As we continue to broaden our circle, we want to ensure that our name continues to align with our increasingly robust mission,” says Jude Melville, president and CEO, in a prepared statement. “We have a special capacity to serve as a critical partner to our region’s businesses for both credit and depository needs. However, as a community bank our objective is to be a resource to all the members of our communities—small business owners that need access to capital and advice as they invest in growth, individuals navigating life’s many stages, and governmental and not-for-profit organizations vital to our communities’ health.”
The bank’s wealth services team will continue to operate with the name Business First Wealth Solutions Group. There will be no change to the name of the bank’s parent company, Business First Bancshares Inc. or their Nasdaq Global Select Market ticker symbol BFST.
Rebranding of banking centers began mid-November and is expected to be completed by the end of the year.
Business First Bank has undergone significant expansion in recent years. Last year, the company went public, listing its common stock on the Nasdaq stock exchange.