BankFinancial (BFIN) Downgraded to “Hold” at BidaskClub

BankFinancial (NASDAQ:BFIN) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Tuesday.

Several other equities analysts have also commented on the company. Zacks Investment Research raised BankFinancial from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Wednesday, November 1st. DA Davidson lowered BankFinancial from a “buy” rating to a “neutral” rating and set a $16.75 price objective for the company. in a research report on Thursday, September 28th.

Shares of BankFinancial (NASDAQ:BFIN) traded up $0.06 during mid-day trading on Tuesday, reaching $16.00. The company had a trading volume of 15,655 shares, compared to its average volume of 32,917. BankFinancial has a 12 month low of $13.13 and a 12 month high of $17.00. The stock has a market capitalization of $289.87, a price-to-earnings ratio of 28.54, a price-to-earnings-growth ratio of 3.30 and a beta of 0.46. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.06 and a quick ratio of 1.06.

BankFinancial (NASDAQ:BFIN) last announced its quarterly earnings results on Thursday, October 26th. The bank reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. BankFinancial had a return on equity of 5.09% and a net margin of 17.00%. The company had revenue of $14.13 million during the quarter, compared to analyst estimates of $14.45 million. research analysts predict that BankFinancial will post 0.61 EPS for the current year.

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in BankFinancial by 2.7% during the first quarter. Vanguard Group Inc. now owns 665,833 shares of the bank’s stock valued at $9,668,000 after buying an additional 17,196 shares during the period. Northern Trust Corp lifted its position in BankFinancial by 1.7% during the second quarter. Northern Trust Corp now owns 455,790 shares of the bank’s stock valued at $6,800,000 after buying an additional 7,550 shares during the period. State Street Corp lifted its position in BankFinancial by 32.0% during the second quarter. State Street Corp now owns 465,027 shares of the bank’s stock valued at $6,936,000 after buying an additional 112,676 shares during the period. First Quadrant L P CA lifted its position in BankFinancial by 179.4% during the third quarter. First Quadrant L P CA now owns 26,095 shares of the bank’s stock valued at $415,000 after buying an additional 16,754 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in BankFinancial by 39.7% during the second quarter. JPMorgan Chase & Co. now owns 106,433 shares of the bank’s stock valued at $1,589,000 after buying an additional 30,265 shares during the period. 63.61% of the stock is owned by institutional investors and hedge funds.

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About BankFinancial

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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