BankFinancial (BFIN) Upgraded to Hold at Zacks Investment Research

BankFinancial (NASDAQ:BFIN) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Thursday.

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 weighed in on BFIN. ValuEngine downgraded BankFinancial from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. BidaskClub downgraded BankFinancial from a “sell” rating to a “strong sell” rating in a report on Saturday, July 28th. Finally, FIG Partners reissued an “outperform” rating on shares of BankFinancial in a report on Monday, August 6th.

Shares of NASDAQ BFIN opened at $14.41 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $246.27 million, a price-to-earnings ratio of 22.87, a price-to-earnings-growth ratio of 2.01 and a beta of 0.52. BankFinancial has a fifty-two week low of $13.88 and a fifty-two week high of $18.62.

BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings results on Tuesday, October 16th. The bank reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.01. The business 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 analysts anticipate that BankFinancial will post 0.9 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the stock. MetLife Investment Advisors LLC acquired a new stake in shares of BankFinancial during the second quarter worth about $127,000. California Public Employees Retirement System lifted its holdings in shares of BankFinancial by 6.1% during the second quarter. California Public Employees Retirement System now owns 61,521 shares of the bank’s stock worth $1,086,000 after purchasing an additional 3,521 shares during the period. Citadel Advisors LLC acquired a new stake in shares of BankFinancial during the second quarter worth about $240,000. Martingale Asset Management L P lifted its holdings in shares of BankFinancial by 6.3% during the second quarter. Martingale Asset Management L P now owns 59,307 shares of the bank’s stock worth $1,047,000 after purchasing an additional 3,501 shares during the period. Finally, Macquarie Group Ltd. acquired a new stake in shares of BankFinancial during the second quarter worth about $187,000. 67.01% of the stock is owned by hedge funds and other institutional investors.

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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