Zacks Investment Research Upgrades BankFinancial Corp. (BFIN) to “Hold”
BankFinancial Corp. (NASDAQ:BFIN) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday.
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. “
Shares of BankFinancial Corp. (NASDAQ:BFIN) opened at 12.39 on Monday. The stock’s 50 day moving average is $12.45 and its 200 day moving average is $12.32. The firm has a market cap of $237.02 million, a P/E ratio of 33.58 and a beta of 0.81. BankFinancial Corp. has a 52 week low of $11.38 and a 52 week high of $13.29.
BankFinancial Corp. (NASDAQ:BFIN) last posted its earnings results on Monday, August 1st. The company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.02. BankFinancial Corp. had a net margin of 12.74% and a return on equity of 3.42%. On average, equities research analysts predict that BankFinancial Corp. will post $0.34 earnings per share for the current fiscal year.
Institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. raised its position in BankFinancial Corp. by 1.8% in the second quarter. Alliancebernstein L.P. now owns 160,334 shares of the company’s stock valued at $1,922,000 after buying an additional 2,884 shares during the last quarter. Vanguard Group Inc. raised its position in shares of BankFinancial Corp. by 3.5% in the second quarter. Vanguard Group Inc. now owns 642,800 shares of the company’s stock worth $7,708,000 after buying an additional 21,565 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of BankFinancial Corp. by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,705,057 shares of the company’s stock worth $20,443,000 after buying an additional 18,004 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of BankFinancial Corp. by 12.4% in the second quarter. JPMorgan Chase & Co. now owns 91,614 shares of the company’s stock worth $1,098,000 after buying an additional 10,129 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of BankFinancial Corp. by 1.8% in the second quarter. First Trust Advisors LP now owns 19,691 shares of the company’s stock worth $236,000 after buying an additional 347 shares in the last quarter. Institutional investors and hedge funds own 57.90% of the company’s stock.
BankFinancial Corp. Company Profile
BankFinancial Corporation is the bank holding company for BankFinancial, F.S.B. (the Bank). The Bank is a full-service, community-oriented federal savings 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 approximately 20 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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