BidaskClub Downgrades BankFinancial (BFIN) to Sell

BidaskClub cut shares of BankFinancial (NASDAQ:BFIN) from a hold rating to a sell rating in a report released on Wednesday, December 27th.

Other equities research analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of BankFinancial from a hold rating to a buy rating and set a $18.00 price objective for the company in a research report on Wednesday, September 27th. DA Davidson cut shares of BankFinancial from a buy rating to a neutral rating and set a $16.75 price target for the company. in a research report on Thursday, September 28th.

Shares of BankFinancial (NASDAQ:BFIN) opened at $15.64 on Wednesday. The stock has a market cap of $282.29, a P/E ratio of 27.93, a PEG ratio of 2.41 and a beta of 0.47. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.30. BankFinancial has a 1-year low of $13.13 and a 1-year high of $17.00.

BankFinancial (NASDAQ:BFIN) last posted its earnings results on Thursday, October 26th. The bank reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.01. BankFinancial had a net margin of 17.00% and a return on equity of 5.09%. The firm had revenue of $14.13 million during the quarter, compared to the consensus estimate of $14.45 million. research analysts forecast that BankFinancial will post 0.61 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of BFIN. Dalton Greiner Hartman Maher & Co. boosted its holdings in BankFinancial by 26.9% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 127,473 shares of the bank’s stock worth $1,955,000 after buying an additional 27,026 shares in the last quarter. OxFORD Asset Management LLP purchased a new stake in BankFinancial during the third quarter worth about $505,000. Hillsdale Investment Management Inc. boosted its holdings in BankFinancial by 119.1% during the third quarter. Hillsdale Investment Management Inc. now owns 53,715 shares of the bank’s stock worth $853,000 after buying an additional 29,200 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in BankFinancial by 61.3% during the third quarter. Wells Fargo & Company MN now owns 18,732 shares of the bank’s stock worth $297,000 after buying an additional 7,118 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of BankFinancial by 102.4% in the third quarter. JPMorgan Chase & Co. now owns 215,426 shares of the bank’s stock valued at $3,450,000 after purchasing an additional 108,993 shares in the last quarter. Institutional investors and hedge funds own 63.61% of the company’s stock.

TRADEMARK VIOLATION WARNING: “BidaskClub Downgrades BankFinancial (BFIN) to Sell” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/01/14/bankfinancial-bfin-cut-to-sell-at-bidaskclub.html.

BankFinancial Company Profile

BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com.

Receive News & Ratings for BankFinancial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BankFinancial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply