BankFinancial (BFIN) Lifted to Hold at BidaskClub

BankFinancial (NASDAQ:BFIN) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Friday.

A number of other brokerages have also recently issued reports on BFIN. FIG Partners reiterated an “outperform” rating on shares of BankFinancial in a research report on Monday, August 6th. Zacks Investment Research cut shares of BankFinancial from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 4th. Finally, ValuEngine cut shares of BankFinancial from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd.

Shares of BankFinancial stock opened at $14.57 on Friday. The stock has a market cap of $254.32 million, a P/E ratio of 23.13, a PEG ratio of 2.01 and a beta of 0.39. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.26. BankFinancial has a 12-month low of $14.41 and a 12-month high of $18.62.

BankFinancial (NASDAQ:BFIN) last announced its earnings results on Tuesday, October 16th. The bank reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $14.54 million during the quarter, compared to analysts’ expectations of $15.00 million. BankFinancial had a net margin of 18.99% and a return on equity of 7.84%. As a group, equities research analysts forecast that BankFinancial will post 0.91 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of BFIN. Renaissance Technologies LLC increased its position in BankFinancial by 19.7% in the 2nd quarter. Renaissance Technologies LLC now owns 864,200 shares of the bank’s stock valued at $15,253,000 after acquiring an additional 142,400 shares in the last quarter. Acadian Asset Management LLC increased its position in BankFinancial by 23.7% in the 2nd quarter. Acadian Asset Management LLC now owns 324,742 shares of the bank’s stock valued at $5,731,000 after acquiring an additional 62,200 shares in the last quarter. Millennium Management LLC increased its position in BankFinancial by 123.3% in the 2nd quarter. Millennium Management LLC now owns 104,564 shares of the bank’s stock valued at $1,846,000 after acquiring an additional 57,733 shares in the last quarter. Dalton Greiner Hartman Maher & Co. increased its position in BankFinancial by 42.6% in the 2nd quarter. Dalton Greiner Hartman Maher & Co. now owns 167,596 shares of the bank’s stock valued at $2,958,000 after acquiring an additional 50,094 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in BankFinancial by 19.1% in the 1st quarter. JPMorgan Chase & Co. now owns 307,476 shares of the bank’s stock valued at $5,221,000 after acquiring an additional 49,240 shares in the last quarter. Hedge funds and other institutional investors own 65.12% of the company’s stock.

About BankFinancial

BankFinancial Corporation operates as the holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, such as savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.

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