Zacks: BankFinancial Co. (NASDAQ:BFIN) Receives Consensus Recommendation of “Hold” from Brokerages

BankFinancial Co. (NASDAQ:BFIN) has received a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.

Brokerages have set a twelve-month consensus target price of $14.00 for the company and are expecting that the company will post $0.22 EPS for the current quarter, according to Zacks. Zacks has also assigned BankFinancial an industry rank of 200 out of 255 based on the ratings given to its competitors.

BFIN has been the subject of a number of recent analyst reports. TheStreet cut BankFinancial from a “b” rating to a “c+” rating in a report on Monday, July 29th. ValuEngine upgraded BankFinancial from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Zacks Investment Research upgraded BankFinancial from a “sell” rating to a “hold” rating in a report on Tuesday.



NASDAQ BFIN opened at $11.97 on Monday. The business’s 50 day moving average price is $11.85 and its 200-day moving average price is $13.51. BankFinancial has a fifty-two week low of $11.10 and a fifty-two week high of $16.06. The company has a market cap of $183.57 million, a P/E ratio of 12.57 and a beta of 0.37.

BankFinancial (NASDAQ:BFIN) last posted its quarterly earnings data on Monday, July 29th. The bank reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.07. BankFinancial had a return on equity of 8.57% and a net margin of 19.92%. The company had revenue of $14.53 million during the quarter, compared to analysts’ expectations of $14.95 million. On average, research analysts expect that BankFinancial will post 1 EPS for the current fiscal year.

In other BankFinancial news, Director Thomas F. Oneill sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $12.19, for a total value of $36,570.00. Following the completion of the sale, the director now directly owns 4,260 shares in the company, valued at approximately $51,929.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.05% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its holdings in shares of BankFinancial by 2.2% in the 2nd quarter. BlackRock Inc. now owns 1,275,325 shares of the bank’s stock worth $17,842,000 after buying an additional 27,422 shares during the period. Renaissance Technologies LLC lifted its stake in shares of 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 purchasing an additional 39,200 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of BankFinancial by 10.2% during the 2nd quarter. Acadian Asset Management LLC now owns 488,655 shares of the bank’s stock worth $6,836,000 after purchasing an additional 45,113 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of BankFinancial by 11.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 482,247 shares of the bank’s stock worth $6,665,000 after purchasing an additional 48,282 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. lifted its stake in shares of BankFinancial by 9.1% during the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 180,796 shares of the bank’s stock worth $2,151,000 after purchasing an additional 15,132 shares during the last quarter. Institutional investors and hedge funds own 66.92% of the company’s stock.

BankFinancial Company Profile

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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