BankFinancial Corporation Declares Cash Dividend

Rhea-AI Summary

BankFinancial Corporation (Nasdaq – BFIN) has declared a cash dividend of $0.10 per common share, set to be paid on February 26, 2021. Stockholders of record as of February 10, 2021 will be eligible for the dividend. As of September 30, 2020, BankFinancial reported total assets of $1.605 billion, total loans of $1.066 billion, total deposits of $1.402 billion, and stockholders’ equity of $172 million. The company operates 19 banking offices across Illinois.

Positive

• Dividend of $0.10 per share increases shareholder income.
• Strong asset base with total assets of $1.605 billion.

Negative

• Total loans of $1.066 billion may indicate lending challenges.
• Stockholders’ equity of $172 million may not support aggressive growth.

BURR RIDGE, Ill., Jan. 28, 2021 (GLOBE NEWSWIRE) -- BankFinancial Corporation (Nasdaq – BFIN) (“BankFinancial”) announced that its Board of Directors declared a cash dividend of $0.10 per common share. The dividend will be payable on February 26, 2021 to stockholders of record on February 10, 2021.

BankFinancial Corporation is the holding company for BankFinancial, NA, a full-service, community-oriented bank providing financial services to individuals, families and businesses through 19 full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois. At September 30, 2020 BankFinancial had total assets of $1.605 billion, total loans of $1.066 billion, total deposits of $1.402 billion and stockholders’ equity of $172 million. BankFinancial Corporation’s common stock trades on the Nasdaq Global Select Market under the symbol BFIN.

This release includes “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. A variety of factors could cause BankFinancial’s actual results to differ from those expected at the time of this release. For a discussion of some of the factors that may cause actual results to differ from expectations, please refer to BankFinancial’s most recent Annual Report on Form 10-K as filed with the SEC, as supplemented by subsequent filings with the SEC. Investors are urged to review all information contained in these reports, including the risk factors discussed therein. Copies of these filings are available at no cost on the SEC's web site at www.sec.gov or on BankFinancial’s web site at www.bankfinancial.com. Forward looking statements speak only as of the date they are made, and we do not undertake to update them to reflect changes.

For Further Information Contact:
Shareholder, Analyst and Investor Inquiries:	Media Inquiries:
Elizabeth A. Doolan Senior Vice President – Controller BankFinancial Corporation Telephone: 630-242-7151	Gregg T. Adams President – Marketing & Sales BankFinancial, NA Telephone: 630-242-7234

FAQ

What is the dividend amount declared by BFIN?

BankFinancial Corporation declared a cash dividend of $0.10 per common share.

When is the dividend for BFIN payable?

The dividend will be payable on February 26, 2021.

When is the record date for the BFIN dividend?

The record date for the dividend is February 10, 2021.

What are the total assets of BankFinancial as of September 30, 2020?

As of September 30, 2020, BankFinancial had total assets of $1.605 billion.

How many banking offices does BankFinancial operate?

BankFinancial operates 19 full-service banking offices.