BankFinancial (BFIN) Cut to “Sell” at BidaskClub

BankFinancial (NASDAQ:BFIN) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

A number of other research firms have also recently commented on BFIN. Zacks Investment Research cut BankFinancial from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. DA Davidson cut BankFinancial from a “buy” rating to a “neutral” rating and set a $16.75 price target for the company. in a research note on Thursday, September 28th.

Shares of BankFinancial (NASDAQ:BFIN) traded down $0.15 during midday trading on Wednesday, hitting $15.35. The company had a trading volume of 21,857 shares, compared to its average volume of 32,631. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.30. The stock has a market cap of $283.74, a PE ratio of 27.41, a P/E/G ratio of 3.25 and a beta of 0.46. BankFinancial has a 1 year low of $13.13 and a 1 year high of $17.00.

BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings data on Thursday, October 26th. The bank reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. BankFinancial had a return on equity of 5.09% and a net margin of 17.00%. The firm had revenue of $14.13 million during the quarter, compared to analysts’ expectations of $14.45 million. analysts predict that BankFinancial will post 0.61 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in BankFinancial by 3.3% in the first quarter. Bank of America Corp DE now owns 13,870 shares of the bank’s stock valued at $201,000 after buying an additional 447 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in BankFinancial by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 15,454 shares of the bank’s stock valued at $230,000 after buying an additional 946 shares during the last quarter. Nationwide Fund Advisors raised its stake in BankFinancial by 33.6% in the third quarter. Nationwide Fund Advisors now owns 16,716 shares of the bank’s stock valued at $266,000 after buying an additional 4,200 shares during the last quarter. Martingale Asset Management L P raised its stake in BankFinancial by 10.8% in the second quarter. Martingale Asset Management L P now owns 50,206 shares of the bank’s stock valued at $750,000 after buying an additional 4,900 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its stake in BankFinancial by 35.8% in the second quarter. Parametric Portfolio Associates LLC now owns 20,884 shares of the bank’s stock valued at $312,000 after buying an additional 5,503 shares during the last quarter. Institutional investors own 63.61% of the company’s stock.

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About BankFinancial

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.

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