BankFinancial Co. (BFIN) Receives Average Recommendation of “Buy” from Analysts

Shares of BankFinancial Co. (NASDAQ:BFIN) have been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Analysts have set a 1 year consensus price target of $16.75 for the company and are forecasting that the company will post $0.23 EPS for the current quarter, according to Zacks. Zacks has also given BankFinancial an industry rank of 106 out of 257 based on the ratings given to related companies.

A number of analysts have commented on the stock. BidaskClub lowered shares of BankFinancial from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 28th. ValuEngine lowered shares of BankFinancial from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. Zacks Investment Research raised shares of BankFinancial from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Friday, August 3rd. Finally, FIG Partners reissued an “outperform” rating on shares of BankFinancial in a research report on Monday, August 6th.

BFIN stock traded up $0.25 during mid-day trading on Tuesday, reaching $14.92. 32,723 shares of the stock traded hands, compared to its average volume of 45,609. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. BankFinancial has a 52-week low of $13.88 and a 52-week high of $18.62. The firm has a market capitalization of $253.58 million, a PE ratio of 16.95, a P/E/G ratio of 2.07 and a beta of 0.52.

BankFinancial (NASDAQ:BFIN) last posted its quarterly earnings data on Tuesday, October 16th. The bank reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. BankFinancial had a net margin of 18.99% and a return on equity of 7.88%. The company had revenue of $14.54 million during the quarter, compared to analyst estimates of $15.00 million. On average, equities research analysts anticipate that BankFinancial will post 0.9 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 23rd. Stockholders of record on Wednesday, November 7th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date was Tuesday, November 6th. BankFinancial’s dividend payout ratio (DPR) is 63.49%.

Several hedge funds and other institutional investors have recently bought and sold shares of BFIN. MetLife Investment Advisors LLC purchased a new stake in shares of BankFinancial in the second quarter worth approximately $127,000. Macquarie Group Ltd. purchased a new stake in shares of BankFinancial in the second quarter worth approximately $187,000. Citadel Advisors LLC purchased a new stake in shares of BankFinancial in the second quarter worth approximately $240,000. First Trust Advisors LP lifted its position in shares of BankFinancial by 19.6% in the second quarter. First Trust Advisors LP now owns 25,075 shares of the bank’s stock worth $443,000 after purchasing an additional 4,104 shares in the last quarter. Finally, Bridgeway Capital Management Inc. purchased a new stake in shares of BankFinancial in the third quarter worth approximately $685,000. 66.31% of the stock is owned by institutional investors and hedge funds.

About BankFinancial

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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