According to Zacks, “BankFinancial Corporation is the holding company for BankFinancial, F.S.B., a full-service, community-oriented savings bank providing financial services to individuals, families and businesses through eighteen full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois. “
Several other equities research analysts also recently commented on the stock. ValuEngine downgraded shares of BankFinancial from a hold rating to a sell rating in a research note on Tuesday, August 6th. TheStreet downgraded shares of BankFinancial from a b rating to a c+ rating in a research note on Monday, July 29th. Two research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock has a consensus rating of Hold and a consensus target price of $17.00.
BFIN opened at $12.00 on Friday. BankFinancial has a fifty-two week low of $11.95 and a fifty-two week high of $16.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day simple moving average is $13.47. The firm has a market capitalization of $187.45 million, a P/E ratio of 13.95, a P/E/G ratio of 1.51 and a beta of 0.35.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Wednesday, August 7th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, August 6th. This represents a $0.40 annualized dividend and a dividend yield of 3.33%. BankFinancial’s dividend payout ratio is presently 46.51%.
In other news, Director Thomas F. Oneill sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $12.19, for a total value of $36,570.00. Following the sale, the director now owns 4,260 shares in the company, valued at approximately $51,929.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.05% of the stock is currently owned by insiders.
Several large investors have recently modified their holdings of BFIN. JPMorgan Chase & Co. boosted its stake in shares of BankFinancial by 32.2% in the 1st quarter. JPMorgan Chase & Co. now owns 433,965 shares of the bank’s stock valued at $6,453,000 after purchasing an additional 105,734 shares in the last quarter. Acadian Asset Management LLC lifted its position in BankFinancial by 27.9% during the 1st quarter. Acadian Asset Management LLC now owns 443,542 shares of the bank’s stock worth $6,594,000 after buying an additional 96,807 shares in the last quarter. Context BH Capital Management LP lifted its position in BankFinancial by 131.4% during the 2nd quarter. Context BH Capital Management LP now owns 118,892 shares of the bank’s stock worth $1,663,000 after buying an additional 67,505 shares in the last quarter. Renaissance Technologies LLC lifted its position in BankFinancial by 4.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,021,800 shares of the bank’s stock worth $14,295,000 after buying an additional 39,200 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new position in BankFinancial during the 2nd quarter worth about $522,000. Institutional investors own 66.90% of the company’s stock.
BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, including savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.
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