Business First Bancshares acquires American Planning to expand advisory services

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Summary · why it matters

Business First Bancshares has acquired American Planning Corporation, a financial consulting firm serving community banks since 1972, to expand its advisory services. American Planning CEO T. Jefferson Fair and his team will join Smith Shellnut Wilson, a b1BANK subsidiary, expanding its advisory platform. The deal adds services including outsourced CFO support, strategic and capital planning, asset/liability management, and regulatory consulting for community bank clients.

Impact on assets 1

Financials▲ · 1 stocks

Off-coverage companies 1

Smith Shellnut WilsonPrivate▲ Positive
Capitalrelevance

As a subsidiary of Business First Bancshares, it gains expanded advisory platform and team from the acquisition.

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