Brokerages Expect BankFinancial Co. (BFIN) to Announce $0.19 EPS

BankFinancial Co. (NASDAQ:BFIN) has been assigned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.

Brokers have set a 1 year consensus price objective of $17.75 for the company and are forecasting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also assigned BankFinancial an industry rank of 120 out of 265 based on the ratings given to its competitors.

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A number of analysts recently issued reports on the company. BidaskClub raised BankFinancial from a “hold” rating to a “buy” rating in a research report on Tuesday, March 27th. Zacks Investment Research raised BankFinancial from a “hold” rating to a “strong-buy” rating and set a $18.00 price objective for the company in a research report on Tuesday, January 2nd. Finally, ValuEngine raised BankFinancial from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st.

In related news, EVP James J. Brennan sold 5,000 shares of the firm’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $16.54, for a total transaction of $82,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Terry R. Wells sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $16.49, for a total value of $98,940.00. Following the transaction, the director now owns 62,184 shares of the company’s stock, valued at $1,025,414.16. The disclosure for this sale can be found here. Insiders have sold a total of 32,528 shares of company stock valued at $543,086 over the last three months. Corporate insiders own 15.45% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. OxFORD Asset Management LLP purchased a new position in BankFinancial during the 3rd quarter valued at about $505,000. State Street Corp boosted its holdings in BankFinancial by 32.0% during the 2nd quarter. State Street Corp now owns 465,027 shares of the bank’s stock valued at $6,936,000 after acquiring an additional 112,676 shares during the period. Wells Fargo & Company MN boosted its holdings in BankFinancial by 61.3% during the 3rd quarter. Wells Fargo & Company MN now owns 18,732 shares of the bank’s stock valued at $297,000 after acquiring an additional 7,118 shares during the period. Dalton Greiner Hartman Maher & Co. boosted its holdings in BankFinancial by 26.9% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 127,473 shares of the bank’s stock valued at $1,955,000 after acquiring an additional 27,026 shares during the period. Finally, Martingale Asset Management L P boosted its holdings in BankFinancial by 17.5% during the 4th quarter. Martingale Asset Management L P now owns 59,206 shares of the bank’s stock valued at $909,000 after acquiring an additional 8,800 shares during the period. Institutional investors own 61.64% of the company’s stock.

Shares of BFIN traded down $0.02 during midday trading on Friday, reaching $16.83. The company had a trading volume of 44,628 shares, compared to its average volume of 30,102. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $302.16, a PE ratio of 26.71, a price-to-earnings-growth ratio of 2.43 and a beta of 0.41. BankFinancial has a 1-year low of $13.43 and a 1-year high of $17.20.

BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings data on Monday, January 29th. The bank reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The firm had revenue of $14.94 million during the quarter, compared to the consensus estimate of $14.80 million. BankFinancial had a return on equity of 5.76% and a net margin of 14.39%. equities analysts anticipate that BankFinancial will post 0.87 earnings per share for the current fiscal year.

BankFinancial announced that its Board of Directors has initiated a share repurchase program on Wednesday, March 28th that allows the company to buyback 500,000 shares. This buyback authorization allows the bank to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

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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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