BankFinancial Corporation (BFIN) Lowered to Hold at Zacks Investment Research

BankFinancial Corporation (NASDAQ:BFIN) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday, November 7th.

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. “

A number of other research firms have also weighed in on BFIN. FIG Partners raised shares of BankFinancial from a “market perform” rating to an “outperform” rating and raised their price target for the company from $16.00 to $17.00 in a report on Monday, July 31st. BidaskClub lowered shares of BankFinancial from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Finally, DA Davidson lowered shares of BankFinancial from a “buy” rating to a “neutral” rating and set a $16.75 price objective for the company. in a report on Thursday, September 28th.

Shares of BankFinancial (NASDAQ:BFIN) remained flat at $$15.85 on Tuesday. 19,331 shares of the company traded hands, compared to its average volume of 22,778. 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 firm has a market cap of $286.08, a PE ratio of 28.30, a P/E/G ratio of 3.27 and a beta of 0.47. BankFinancial has a 12-month low of $13.13 and a 12-month high of $16.89.

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

Several institutional investors have recently bought and sold shares of the company. State Street Corp lifted its position in BankFinancial by 32.0% in the 2nd quarter. State Street Corp now owns 465,027 shares of the bank’s stock valued at $6,936,000 after purchasing an additional 112,676 shares during the last quarter. JPMorgan Chase & Co. lifted its position in BankFinancial by 102.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 215,426 shares of the bank’s stock valued at $3,450,000 after purchasing an additional 108,993 shares during the last quarter. Wedge Capital Management L L P NC bought a new stake in BankFinancial in the 3rd quarter valued at about $672,000. Thrivent Financial For Lutherans lifted its position in BankFinancial by 46.4% in the 2nd quarter. Thrivent Financial For Lutherans now owns 118,832 shares of the bank’s stock valued at $1,773,000 after purchasing an additional 37,662 shares during the last quarter. Finally, OxFORD Asset Management LLP bought a new stake in BankFinancial in the 3rd quarter valued at about $505,000. Institutional investors own 65.00% 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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