Zacks: Brokerages Anticipate BankFinancial Co. (BFIN) Will Announce Earnings of $0.17 Per Share

Wall Street analysts expect BankFinancial Co. (NASDAQ:BFIN) to report earnings of $0.17 per share for the current quarter, Zacks reports. Two analysts have issued estimates for BankFinancial’s earnings. The highest EPS estimate is $0.17 and the lowest is $0.16. BankFinancial posted earnings of $0.12 per share in the same quarter last year, which would suggest a positive year over year growth rate of 41.7%. The firm is expected to announce its next quarterly earnings report on Monday, January 29th.

On average, analysts expect that BankFinancial will report full-year earnings of $0.61 per share for the current year, with EPS estimates ranging from $0.60 to $0.61. For the next fiscal year, analysts forecast that the company will report earnings of $0.81 per share, with EPS estimates ranging from $0.73 to $0.89. Zacks’ EPS calculations are an average based on a survey of analysts that that provide coverage for BankFinancial.

BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.01. BankFinancial had a return on equity of 5.09% and a net margin of 17.00%. The firm had revenue of $14.13 million during the quarter, compared to analyst estimates of $14.45 million.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised BankFinancial from a “hold” rating to a “strong-buy” rating and set a $18.00 price target for the company in a research note on Tuesday. BidaskClub raised BankFinancial from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. Finally, DA Davidson lowered BankFinancial from a “buy” rating to a “neutral” rating and set a $16.75 price target for the company. in a research note on Thursday, September 28th.

Shares of BankFinancial (NASDAQ:BFIN) traded up $0.21 during mid-day trading on Thursday, hitting $15.52. The company had a trading volume of 23,100 shares, compared to its average volume of 19,700. BankFinancial has a 52-week low of $13.13 and a 52-week high of $17.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $276.34, a price-to-earnings ratio of 27.71, a P/E/G ratio of 2.36 and a beta of 0.47.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company raised its position in BankFinancial by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,454 shares of the bank’s stock valued at $230,000 after purchasing an additional 946 shares in the last quarter. Nationwide Fund Advisors raised its position in BankFinancial by 33.6% during the 3rd quarter. Nationwide Fund Advisors now owns 16,716 shares of the bank’s stock valued at $266,000 after purchasing an additional 4,200 shares in the last quarter. Martingale Asset Management L P raised its position in BankFinancial by 10.8% during the 2nd quarter. Martingale Asset Management L P now owns 50,206 shares of the bank’s stock valued at $750,000 after purchasing an additional 4,900 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in BankFinancial by 35.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 20,884 shares of the bank’s stock valued at $312,000 after purchasing an additional 5,503 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in BankFinancial by 5.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 107,123 shares of the bank’s stock valued at $1,598,000 after purchasing an additional 5,527 shares in the last quarter. 63.61% of the stock is owned by institutional investors and hedge funds.

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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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