Wall Street brokerages forecast that BankFinancial Co. (NASDAQ:BFIN) will report sales of $14.95 million for the current quarter, according to Zacks. Two analysts have provided estimates for BankFinancial’s earnings, with the highest sales estimate coming in at $15.00 million and the lowest estimate coming in at $14.90 million. BankFinancial posted sales of $16.08 million in the same quarter last year, which suggests a negative year-over-year growth rate of 7%. The company is expected to issue its next earnings results on Monday, July 29th.
According to Zacks, analysts expect that BankFinancial will report full-year sales of $60.42 million for the current fiscal year, with estimates ranging from $60.34 million to $60.50 million. For the next fiscal year, analysts anticipate that the company will report sales of $64.10 million, with estimates ranging from $63.40 million to $64.80 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for BankFinancial.
BankFinancial (NASDAQ:BFIN) last issued its quarterly earnings data on Tuesday, April 16th. The bank reported $0.22 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.22. BankFinancial had a net margin of 24.78% and a return on equity of 8.00%. The business had revenue of $14.84 million during the quarter, compared to analysts’ expectations of $14.80 million.
A number of hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers increased its holdings in BankFinancial by 41.6% in the 4th quarter. Rhumbline Advisers now owns 18,839 shares of the bank’s stock valued at $282,000 after buying an additional 5,532 shares during the period. Dalton Greiner Hartman Maher & Co. boosted its stake in shares of BankFinancial by 8.2% in the 1st quarter. Dalton Greiner Hartman Maher & Co. now owns 178,248 shares of the bank’s stock valued at $2,651,000 after purchasing an additional 13,497 shares in the last quarter. Martingale Asset Management L P boosted its stake in shares of BankFinancial by 26.9% in the 4th quarter. Martingale Asset Management L P now owns 76,007 shares of the bank’s stock valued at $1,137,000 after purchasing an additional 16,100 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of BankFinancial in the 4th quarter valued at $52,000. Finally, Wedge Capital Management L L P NC boosted its stake in shares of BankFinancial by 22.5% in the 1st quarter. Wedge Capital Management L L P NC now owns 51,827 shares of the bank’s stock valued at $771,000 after purchasing an additional 9,527 shares in the last quarter. 66.80% of the stock is currently owned by institutional investors and hedge funds.
Shares of BankFinancial stock traded down $0.02 on Friday, reaching $13.78. The stock had a trading volume of 36,580 shares, compared to its average volume of 32,394. BankFinancial has a fifty-two week low of $13.44 and a fifty-two week high of $17.88. The business has a 50-day moving average price of $13.95. The company has a market capitalization of $214.14 million, a PE ratio of 16.02, a P/E/G ratio of 1.76 and a beta of 0.38. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09.
BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, including savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.
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