BUSINESS FIRST BANCSHARES IN

Ticker: BFST CUSIP: 12326C105 Class: Common Stock

Empowered Funds, LLC's Holding History (CIK: 0001592828)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 117,407 Value ($000) $3,069 Avg Close $25.09 Range $22.31 - $28.31

Q3 2025

Shares 101,448 Value ($000) $2,395 Avg Close $24.40 Range $22.24 - $26.18

Q2 2025

Shares 93,781 Value ($000) $2,312 Avg Close $23.05 Range $19.62 - $24.60

Q1 2025

Shares 85,408 Value ($000) $2,080 Avg Close $25.14 Range $22.32 - $27.53

Q4 2024

Shares 78,812 Value ($000) $2,025 Avg Close $26.06 Range $23.04 - $29.33

Q3 2024

Shares 75,003 Value ($000) $1,925 Avg Close $22.93 Range $19.74 - $25.99

Q2 2024

Shares 71,251 Value ($000) $1,550 Avg Close $19.99 Range $18.24 - $21.36

Q1 2024

Shares 66,211 Value ($000) $1,475 Avg Close $21.32 Range $19.55 - $23.70

Q4 2023

Shares 61,311 Value ($000) $1,511 Avg Close $19.65 Range $16.87 - $24.27

Q3 2023

Shares 37,375 Value ($000) $701 Avg Close $17.55 Range $13.48 - $21.08

Q2 2023

Shares 34,373 Value ($000) $518 Avg Close $14.39 Range $12.12 - $16.08

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	117,407	$3,069	$25.09	$22.31 - $28.31
Q3 2025	101,448	$2,395	$24.40	$22.24 - $26.18
Q2 2025	93,781	$2,312	$23.05	$19.62 - $24.60
Q1 2025	85,408	$2,080	$25.14	$22.32 - $27.53
Q4 2024	78,812	$2,025	$26.06	$23.04 - $29.33
Q3 2024	75,003	$1,925	$22.93	$19.74 - $25.99
Q2 2024	71,251	$1,550	$19.99	$18.24 - $21.36
Q1 2024	66,211	$1,475	$21.32	$19.55 - $23.70
Q4 2023	61,311	$1,511	$19.65	$16.87 - $24.27
Q3 2023	37,375	$701	$17.55	$13.48 - $21.08
Q2 2023	34,373	$518	$14.39	$12.12 - $16.08