Equities research analysts expect BankFinancial Co. (NASDAQ:BFIN) to post sales of $14.65 million for the current quarter, Zacks reports. Two analysts have made estimates for BankFinancial’s earnings, with the highest sales estimate coming in at $15.00 million and the lowest estimate coming in at $14.30 million. BankFinancial posted sales of $13.63 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 7.5%. The firm is scheduled to issue its next quarterly earnings report on Wednesday, April 25th.
According to Zacks, analysts expect that BankFinancial will report full-year sales of $14.65 million for the current financial year, with estimates ranging from $60.20 million to $62.40 million. For the next fiscal year, analysts forecast that the company will report sales of $65.70 million per share, with estimates ranging from $64.50 million to $66.90 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow BankFinancial.
BankFinancial (NASDAQ:BFIN) last posted its quarterly earnings results on Monday, January 29th. The bank reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.03. The firm had revenue of $14.94 million for the quarter, compared to analyst estimates of $14.80 million. BankFinancial had a net margin of 14.39% and a return on equity of 5.76%.
A number of research firms have recently issued reports on BFIN. Zacks Investment Research upgraded shares of BankFinancial from a “hold” rating to a “strong-buy” rating and set a $18.00 price objective on the stock in a research note on Tuesday, January 2nd. ValuEngine upgraded shares of BankFinancial from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Finally, BidaskClub upgraded shares of BankFinancial from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. BankFinancial currently has a consensus rating of “Buy” and a consensus target price of $17.25.
In other news, Director Terry R. Wells sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $16.49, for a total transaction of $98,940.00. Following the completion of the sale, the director now owns 62,184 shares of the company’s stock, valued at $1,025,414.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James J. Brennan sold 10,779 shares of the firm’s stock in a transaction that occurred on Monday, March 19th. The stock was sold at an average price of $16.80, for a total transaction of $181,087.20. Following the sale, the executive vice president now directly owns 59,251 shares of the company’s stock, valued at approximately $995,416.80. The disclosure for this sale can be found here. Insiders have sold 32,528 shares of company stock worth $543,086 in the last quarter. Insiders own 15.45% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. FNY Partners Fund LP acquired a new stake in shares of BankFinancial during the third quarter worth approximately $124,000. Goldman Sachs Group Inc. acquired a new stake in shares of BankFinancial during the second quarter worth approximately $167,000. Beese Fulmer Investment Management Inc. acquired a new stake in shares of BankFinancial during the fourth quarter worth approximately $177,000. SG Americas Securities LLC acquired a new stake in shares of BankFinancial during the third quarter worth approximately $181,000. Finally, The Manufacturers Life Insurance Company grew its position 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 worth $230,000 after buying an additional 946 shares in the last quarter. 61.64% of the stock is owned by institutional investors and hedge funds.
BFIN stock traded down $0.03 on Thursday, hitting $16.78. 33,282 shares of the stock were exchanged, compared to its average volume of 28,081. The stock has a market capitalization of $303.41, a price-to-earnings ratio of 33.56, a P/E/G ratio of 2.45 and a beta of 0.46. BankFinancial has a 12 month low of $13.43 and a 12 month high of $17.20. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.07 and a quick ratio of 1.07.
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Wednesday, February 7th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.91%. BankFinancial’s dividend payout ratio is currently 64.00%.
BankFinancial Company Profile
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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