BankFinancial (NASDAQ:BFIN) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of BankFinancial (NASDAQ:BFIN) from a hold rating to a sell rating in a report released on Monday morning, Zacks.com reports.

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. “

Separately, TheStreet upgraded shares of BankFinancial from a c+ rating to a b- rating in a report on Wednesday, December 23rd.

BFIN opened at $10.30 on Monday. BankFinancial has a 52-week low of $6.76 and a 52-week high of $11.23. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.02. The company has a market cap of $151.75 million, a P/E ratio of 15.37 and a beta of 0.60. The firm’s 50-day moving average price is $10.43 and its 200-day moving average price is $8.93.

BankFinancial (NASDAQ:BFIN) last posted its quarterly earnings data on Sunday, January 31st. The bank reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. BankFinancial had a net margin of 16.43% and a return on equity of 5.84%. The firm had revenue of $13.14 million for the quarter, compared to the consensus estimate of $12.90 million. On average, research analysts anticipate that BankFinancial will post 0.6 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, February 26th. Investors of record on Wednesday, February 10th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.88%. The ex-dividend date was Tuesday, February 9th. This is an increase from BankFinancial’s previous quarterly dividend of $0.04. BankFinancial’s dividend payout ratio is 38.83%.

Large investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. acquired a new position in BankFinancial in the 4th quarter worth approximately $697,000. BlackRock Inc. boosted its position in BankFinancial by 0.4% in the 3rd quarter. BlackRock Inc. now owns 1,342,115 shares of the bank’s stock worth $9,689,000 after purchasing an additional 5,365 shares in the last quarter. Barclays PLC boosted its position in BankFinancial by 64.7% in the 4th quarter. Barclays PLC now owns 13,277 shares of the bank’s stock worth $116,000 after purchasing an additional 5,216 shares in the last quarter. Renaissance Technologies LLC boosted its position in BankFinancial by 5.2% in the 4th quarter. Renaissance Technologies LLC now owns 1,065,305 shares of the bank’s stock worth $9,353,000 after purchasing an additional 53,000 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in BankFinancial in the 1st quarter worth approximately $200,000. Institutional investors own 61.14% of the company’s stock.

About BankFinancial

BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides various commercial, family, and personal banking products and services. 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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