Zacks Investment Research downgraded shares of BankFinancial Corporation (NASDAQ:BFIN) from a buy rating to a hold rating in a report issued on Monday morning.

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. “

Other equities research analysts have also issued research reports about the company. FIG Partners raised BankFinancial Corporation from a market perform rating to an outperform rating and raised their target price for the stock from $16.00 to $17.00 in a research report on Monday, July 31st. DA Davidson lowered BankFinancial Corporation from a buy rating to a neutral rating and set a $16.75 target price on the stock. in a research report on Thursday, September 28th. Finally, BidaskClub raised BankFinancial Corporation from a hold rating to a buy rating in a research report on Saturday, August 19th.

Shares of BankFinancial Corporation (NASDAQ BFIN) opened at 16.11 on Monday. The stock has a market cap of $295.30 million, a price-to-earnings ratio of 32.81 and a beta of 0.54. The stock’s 50 day moving average price is $15.96 and its 200-day moving average price is $15.17. BankFinancial Corporation has a 52 week low of $12.15 and a 52 week high of $16.89.

BankFinancial Corporation (NASDAQ:BFIN) last issued its earnings results on Wednesday, July 26th. The bank reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). BankFinancial Corporation had a return on equity of 4.55% and a net margin of 15.58%. The business had revenue of $13.80 million for the quarter, compared to analyst estimates of $14.25 million. Equities analysts anticipate that BankFinancial Corporation will post $0.60 earnings per share for the current fiscal year.

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BankFinancial Corporation declared that its board has approved a stock repurchase program on Friday, July 28th that permits the company to buyback 250,000 outstanding shares. This buyback authorization permits the bank to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

In other BankFinancial Corporation news, Director John M. Hausmann sold 5,000 shares of BankFinancial Corporation stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $15.73, for a total transaction of $78,650.00. Following the transaction, the director now owns 69,069 shares of the company’s stock, valued at $1,086,455.37. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP James J. Brennan sold 15,000 shares of BankFinancial Corporation stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $16.06, for a total value of $240,900.00. Following the transaction, the executive vice president now directly owns 73,635 shares in the company, valued at approximately $1,182,578.10. The disclosure for this sale can be found here. Insiders own 15.45% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company increased its position in BankFinancial Corporation by 6.5% during the second quarter. The Manufacturers Life Insurance Company now owns 15,454 shares of the bank’s stock worth $230,000 after buying an additional 946 shares during the period. State Street Corp increased its position in BankFinancial Corporation 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. Goldman Sachs Group Inc. acquired a new position in BankFinancial Corporation during the second quarter worth approximately $167,000. Hillsdale Investment Management Inc. increased its position in BankFinancial Corporation by 16,243.3% during the second quarter. Hillsdale Investment Management Inc. now owns 24,515 shares of the bank’s stock worth $366,000 after buying an additional 24,365 shares during the period. Finally, Banc Funds Co. LLC increased its position in BankFinancial Corporation 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. 62.37% of the stock is currently owned by institutional investors.

BankFinancial Corporation 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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