$14.80 Million in Sales Expected for BankFinancial Corporation (BFIN) This Quarter
Analysts predict that BankFinancial Corporation (NASDAQ:BFIN) will announce $14.80 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for BankFinancial’s earnings. The lowest sales estimate is $14.70 million and the highest is $14.90 million. BankFinancial reported sales of $13.37 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 10.7%. The firm is scheduled to report its next quarterly earnings results on Monday, January 29th.
According to Zacks, analysts expect that BankFinancial will report full year sales of $14.80 million for the current year, with estimates ranging from $56.23 million to $56.50 million. For the next year, analysts forecast that the company will post sales of $61.86 million per share, with estimates ranging from $61.42 million to $62.30 million. Zacks’ sales calculations are an average based on a survey of research analysts that follow BankFinancial.
BankFinancial (NASDAQ:BFIN) last announced its quarterly earnings results on Thursday, October 26th. The bank reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.01. BankFinancial had a net margin of 17.00% and a return on equity of 5.09%. The firm had revenue of $14.13 million during the quarter, compared to analysts’ expectations of $14.45 million.
Several brokerages have issued reports on BFIN. Zacks Investment Research upgraded shares of BankFinancial from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Wednesday, September 27th. DA Davidson cut shares of 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. Finally, BidaskClub upgraded shares of BankFinancial from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of BankFinancial by 2.7% during the first quarter. Vanguard Group Inc. now owns 665,833 shares of the bank’s stock worth $9,668,000 after buying an additional 17,196 shares during the period. State Street Corp increased its position in shares of BankFinancial by 32.0% during the second quarter. State Street Corp now owns 465,027 shares of the bank’s stock worth $6,936,000 after buying an additional 112,676 shares during the period. Northern Trust Corp increased its position in shares of BankFinancial by 1.7% during the second quarter. Northern Trust Corp now owns 455,790 shares of the bank’s stock worth $6,800,000 after buying an additional 7,550 shares during the period. Banc Funds Co. LLC increased its position in shares of BankFinancial by 1.5% during the second quarter. Banc Funds Co. LLC now owns 440,707 shares of the bank’s stock worth $6,575,000 after buying an additional 6,436 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of BankFinancial by 102.4% during the third quarter. JPMorgan Chase & Co. now owns 215,426 shares of the bank’s stock worth $3,450,000 after buying an additional 108,993 shares during the period. Institutional investors own 63.61% of the company’s stock.
BankFinancial (NASDAQ BFIN) opened at $16.47 on Friday. 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 has a 12-month low of $13.13 and a 12-month high of $16.89. The stock has a market cap of $292.94, a P/E ratio of 28.98, a price-to-earnings-growth ratio of 3.35 and a beta of 0.47.
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Wednesday, November 8th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, November 7th. This is a boost from BankFinancial’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a dividend yield of 1.94%. BankFinancial’s dividend payout ratio is 57.14%.
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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