<?xml version="1.0" encoding="UTF-8"?><ns2:edgarSubmission xmlns:com="http://www.sec.gov/edgar/common" xmlns:ns2="http://www.sec.gov/edgar/ownership">
    <ns2:headerData>
        <ns2:submissionType>144</ns2:submissionType>
        <ns2:filerInfo>
            <ns2:filer>
                <ns2:filerCredentials>
                    <ns2:cik>0002106698</ns2:cik>
                    <ns2:ccc>XXXXXXXX</ns2:ccc>
                </ns2:filerCredentials>
            </ns2:filer>
            <ns2:liveTestFlag>LIVE</ns2:liveTestFlag>



        </ns2:filerInfo>
    </ns2:headerData>
    <ns2:formData>
        <ns2:issuerInfo>
            <ns2:issuerCik>0001624322</ns2:issuerCik>
            <ns2:issuerName>Business First Bancshares, Inc.</ns2:issuerName>
            <ns2:secFileNumber>001-38447</ns2:secFileNumber>
            <ns2:issuerAddress>
                <com:street1>500 Laurel Street</com:street1>
                <com:street2>Suite 101</com:street2>
                <com:city>Baton Rouge</com:city>
                <com:stateOrCountry>LA</com:stateOrCountry>
                <com:zipCode>70801</com:zipCode>
            </ns2:issuerAddress>
            <ns2:issuerContactPhone>1-225-248-7600</ns2:issuerContactPhone>
            <ns2:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>George W. Cummings</ns2:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <ns2:relationshipsToIssuer>
                <ns2:relationshipToIssuer>Director</ns2:relationshipToIssuer>
            </ns2:relationshipsToIssuer>
        </ns2:issuerInfo>
        <ns2:securitiesInformation>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:brokerOrMarketmakerDetails>
                <ns2:name>Goldman Sachs &amp; Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>200 West Street</com:street1>
                    <com:city>New York</com:city>
                    <com:stateOrCountry>NY</com:stateOrCountry>
                    <com:zipCode>10282</com:zipCode>
                </ns2:address>
            </ns2:brokerOrMarketmakerDetails>
            <ns2:noOfUnitsSold>11595</ns2:noOfUnitsSold>
            <ns2:aggregateMarketValue>326167.35</ns2:aggregateMarketValue>
            <ns2:noOfUnitsOutstanding>32677968</ns2:noOfUnitsOutstanding>
            <ns2:approxSaleDate>05/27/2026</ns2:approxSaleDate>
            <ns2:securitiesExchangeName>NASD</ns2:securitiesExchangeName>
        </ns2:securitiesInformation>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>07/06/2016</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>1649</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>07/06/2016</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>01/21/2014</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>829</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>01/21/2014</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>01/21/2014</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>829</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>01/21/2014</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>06/20/2012</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>1326</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>06/20/2012</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>01/21/2014</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>829</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>01/21/2014</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>06/20/2012</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>1326</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>06/20/2012</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>07/07/2011</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>1326</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>07/07/2011</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>01/21/2014</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>829</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>01/21/2014</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>06/20/2012</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>1326</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>06/20/2012</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:acquiredDate>07/07/2011</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Acquired from issuer in private transaction</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Issuer</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>1326</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>07/07/2011</ns2:paymentDate>
            <ns2:natureOfPayment>None</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:nothingToReportFlagOnSecuritiesSoldInPast3Months>N</ns2:nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>George W. Cummings</ns2:name>
                <ns2:address>
                    <com:street1>500 Laurel Street</com:street1>
                    <com:street2>Suite 101</com:street2>
                    <com:city>Baton Rouge</com:city>
                    <com:stateOrCountry>LA</com:stateOrCountry>
                    <com:zipCode>70801</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:saleDate>03/02/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>200</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>5560</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>George W. Cummings</ns2:name>
                <ns2:address>
                    <com:street1>500 Laurel Street</com:street1>
                    <com:street2>Suite 101</com:street2>
                    <com:city>Baton Rouge</com:city>
                    <com:stateOrCountry>LA</com:stateOrCountry>
                    <com:zipCode>70801</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:saleDate>03/03/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>9800</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>268760</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>George W. Cummings</ns2:name>
                <ns2:address>
                    <com:street1>500 Laurel Street</com:street1>
                    <com:street2>Suite 101</com:street2>
                    <com:city>Baton Rouge</com:city>
                    <com:stateOrCountry>LA</com:stateOrCountry>
                    <com:zipCode>70801</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:saleDate>03/04/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>11000</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>303587</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>George W. Cummings</ns2:name>
                <ns2:address>
                    <com:street1>500 Laurel Street</com:street1>
                    <com:street2>Suite 101</com:street2>
                    <com:city>Baton Rouge</com:city>
                    <com:stateOrCountry>LA</com:stateOrCountry>
                    <com:zipCode>70801</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:saleDate>03/05/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>11000</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>303270</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>George W. Cummings</ns2:name>
                <ns2:address>
                    <com:street1>500 Laurel Street</com:street1>
                    <com:street2>Suite 101</com:street2>
                    <com:city>Baton Rouge</com:city>
                    <com:stateOrCountry>LA</com:stateOrCountry>
                    <com:zipCode>70801</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Common Shares</ns2:securitiesClassTitle>
            <ns2:saleDate>05/22/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>10000</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>279633.23</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:noticeSignature>
            <ns2:noticeDate>05/27/2026</ns2:noticeDate>
            <ns2:planAdoptionDates/>
            <ns2:signature>Goldman Sachs &amp; Co. LLC on behalf of George W. Cummings</ns2:signature>
        </ns2:noticeSignature>
    </ns2:formData>
</ns2:edgarSubmission>
