Equities research analysts predict that BankFinancial Co. (NASDAQ:BFIN) will post $0.19 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for BankFinancial’s earnings. The lowest EPS estimate is $0.18 and the highest is $0.19. BankFinancial posted earnings per share of $0.10 in the same quarter last year, which would indicate a positive year-over-year growth rate of 90%. The business is expected to issue its next quarterly earnings report on Wednesday, April 25th.
On average, analysts expect that BankFinancial will report full year earnings of $0.87 per share for the current fiscal year, with EPS estimates ranging from $0.84 to $0.89. For the next financial year, analysts anticipate that the company will report earnings of $0.96 per share, with EPS estimates ranging from $0.95 to $0.97. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover BankFinancial.
BankFinancial (NASDAQ:BFIN) last released its quarterly earnings results on Monday, January 29th. The bank reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.03. The company had revenue of $14.94 million during the quarter, compared to analyst estimates of $14.80 million. BankFinancial had a return on equity of 5.76% and a net margin of 14.39%.
Shares of NASDAQ BFIN opened at $16.98 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $304.49, a price-to-earnings ratio of 26.53, a PEG ratio of 2.45 and a beta of 0.41. BankFinancial has a 1 year low of $13.43 and a 1 year high of $17.20.
BankFinancial declared that its Board of Directors has initiated a stock buyback plan on Wednesday, March 28th that allows the company to buyback 500,000 outstanding shares. This buyback authorization allows the bank to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
In other BankFinancial news, EVP James J. Brennan sold 5,000 shares of BankFinancial stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $16.54, for a total value of $82,700.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Terry R. Wells sold 6,000 shares of BankFinancial stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $16.49, for a total transaction of $98,940.00. Following the completion of the transaction, the director now directly owns 62,184 shares in the company, valued at $1,025,414.16. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,528 shares of company stock worth $543,086. 15.45% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Beese Fulmer Investment Management Inc. purchased a new stake in shares of BankFinancial during the fourth quarter valued at $177,000. SG Americas Securities LLC purchased a new stake in shares of BankFinancial during the third quarter valued at $181,000. The Manufacturers Life Insurance Company grew its holdings in shares of BankFinancial by 6.5% during 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 grew its holdings in shares of BankFinancial by 33.6% during 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. Finally, Stone Ridge Asset Management LLC purchased a new stake in shares of BankFinancial during the fourth quarter valued at $276,000. 61.64% of the stock is currently owned by hedge funds and other institutional investors.
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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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