BankFinancial (BFIN) Downgraded by BidaskClub to “Hold”

BidaskClub lowered shares of BankFinancial (NASDAQ:BFIN) from a buy rating to a hold rating in a research note released on Tuesday.

A number of other analysts have also recently commented on BFIN. FIG Partners reiterated an outperform rating on shares of BankFinancial in a research report on Monday, August 6th. Zacks Investment Research cut BankFinancial from a buy rating to a hold rating in a research report on Wednesday, August 8th.

Shares of NASDAQ BFIN opened at $14.70 on Tuesday. The stock has a market cap of $250.69 million, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 2.05 and a beta of 0.52. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.11. BankFinancial has a 1 year low of $13.88 and a 1 year high of $18.62.

BankFinancial (NASDAQ:BFIN) last announced its quarterly earnings results on Tuesday, October 16th. The bank reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.01. The company had revenue of $14.54 million during the quarter, compared to the consensus estimate of $15.00 million. BankFinancial had a return on equity of 7.88% and a net margin of 18.99%. On average, equities research analysts expect that BankFinancial will post 0.9 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 23rd. Stockholders of record on Wednesday, November 7th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend was Tuesday, November 6th. BankFinancial’s dividend payout ratio (DPR) is currently 63.49%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of BankFinancial by 3.3% during the third quarter. Vanguard Group Inc. now owns 823,957 shares of the bank’s stock worth $13,134,000 after purchasing an additional 26,521 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of BankFinancial by 3.1% during the third quarter. Renaissance Technologies LLC now owns 891,100 shares of the bank’s stock worth $14,204,000 after purchasing an additional 26,900 shares in the last quarter. Bridgeway Capital Management Inc. acquired a new stake in shares of BankFinancial during the third quarter worth about $685,000. Bank of New York Mellon Corp increased its position in shares of BankFinancial by 4.0% during the third quarter. Bank of New York Mellon Corp now owns 114,003 shares of the bank’s stock worth $1,816,000 after purchasing an additional 4,430 shares in the last quarter. Finally, First Trust Advisors LP increased its position in shares of BankFinancial by 92.6% during the third quarter. First Trust Advisors LP now owns 48,284 shares of the bank’s stock worth $770,000 after purchasing an additional 23,209 shares in the last quarter. Institutional investors and hedge funds own 65.66% of the company’s stock.

BankFinancial Company Profile

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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