BankFinancial (NASDAQ:BFIN) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday.
A number of other research firms have also recently commented on BFIN. Zacks Investment Research cut shares of BankFinancial from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. DA Davidson cut shares of BankFinancial from a “buy” rating to a “neutral” rating and set a $16.75 price target on the stock. in a report on Thursday, September 28th.
BankFinancial (NASDAQ BFIN) traded up $0.03 during trading hours on Thursday, hitting $15.64. 14,800 shares of the company were exchanged, compared to its average volume of 18,022. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $282.29, a PE ratio of 27.93, a PEG ratio of 2.41 and a beta of 0.47. BankFinancial has a 52 week low of $13.13 and a 52 week high of $17.00.
BankFinancial (NASDAQ:BFIN) last posted its quarterly earnings results on Thursday, October 26th. The bank reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. The company had revenue of $14.13 million for the quarter, compared to analysts’ expectations of $14.45 million. BankFinancial had a net margin of 17.00% and a return on equity of 5.09%. sell-side analysts anticipate that BankFinancial will post 0.61 EPS for the current year.
A number of hedge funds have recently modified their holdings of BFIN. State Street Corp raised its holdings in BankFinancial by 32.0% during the 2nd quarter. State Street Corp now owns 465,027 shares of the bank’s stock valued at $6,936,000 after acquiring an additional 112,676 shares during the period. JPMorgan Chase & Co. raised its holdings in BankFinancial by 102.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 215,426 shares of the bank’s stock valued at $3,450,000 after acquiring an additional 108,993 shares during the period. Wedge Capital Management L L P NC bought a new stake in BankFinancial during the 3rd quarter valued at $672,000. Thrivent Financial For Lutherans raised its holdings in BankFinancial by 46.4% during the 2nd quarter. Thrivent Financial For Lutherans now owns 118,832 shares of the bank’s stock valued at $1,773,000 after acquiring an additional 37,662 shares during the period. Finally, OxFORD Asset Management LLP bought a new stake in BankFinancial during the 3rd quarter valued at $505,000. 63.61% of the stock is currently owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY WARNING: This piece was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2018/01/15/bankfinancial-bfin-stock-rating-lowered-by-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.