Welcome to our dedicated page for BankFinancial Corporation news (Ticker: BFIN), a resource for investors and traders seeking the latest updates and insights on BankFinancial Corporation stock.
BankFinancial Corporation (BFIN) is a national financial institution specializing in commercial, family, and personal banking services. Established in 1924, BankFinancial has a long history of assisting customers from diverse backgrounds in achieving their financial goals. The bank provides a comprehensive suite of financial products and services, including loans, deposits, trust services, and investment tools.
BankFinancial operates through multiple full-service banking offices located in Cook, DuPage, Lake, and Will Counties, Illinois, as well as through its Internet Branch. This wide reach ensures that customers have easy access to a range of financial solutions tailored to meet their needs.
Notably, BankFinancial is known for its customer-centric approach, providing tools and resources that empower clients to take control of their financial future. Whether it’s saving for college, buying a home, growing a business, or planning for retirement, the bank offers products designed to make these milestones achievable.
BankFinancial has recently made headlines with the appointment of a highly accomplished leader in the Equipment Finance division, reinforcing its commitment to superior performance and customer experience. For the second quarter of 2024, the bank projects that cash and cash equivalent assets will constitute between 9% and 12% of total assets, with expectations for the second half of the year slightly adjusted to 8% to 11%.
As a Member FDIC and an Equal Housing Lender, BankFinancial adheres to high standards of security and fairness, ensuring that all customers receive the best possible service and support. With its broad range of loan, deposit, and trust products, BankFinancial continues to be a reliable partner for individuals and businesses alike.
BankFinancial Corporation (BFIN) reported a net income of $1.6 million for Q3 2021, or $0.12 per share, down from $1.9 million or $0.13 per share in Q3 2020. For the nine months ending September 30, 2021, net income totaled $5.0 million or $0.35 per share, compared to $6.7 million or $0.45 per share in the previous year. Total assets stood at $1.660 billion with loans at $1.047 billion and deposits at $1.454 billion.
BankFinancial Corporation (Nasdaq – BFIN) announced a dividend of $0.10 per common share, payable on November 26, 2021 to stockholders of record by November 12, 2021. As of June 30, 2021, the company reported total assets of $1.657 billion, total loans of $1.032 billion, total deposits of $1.439 billion, and stockholders’ equity of $166 million. BankFinancial provides banking and financial services primarily in the Chicago area, contributing to its growing market presence.
BankFinancial Corporation has extended its share repurchase authorization to May 15, 2022, increasing the total number of shares authorized for repurchase by 200,000. As of October 28, 2021, 92,222 shares remain under the previous authorization, making a total of 292,222 shares available for repurchase. The program allows for flexible execution in accordance with SEC regulations and aims to be funded by working capital. Share repurchases will depend on market conditions and the company’s financial liquidity.
BankFinancial Corporation (Nasdaq: BFIN) has declared a cash dividend of $0.10 per common share, payable on August 27, 2021, to stockholders of record on August 11, 2021. As of June 30, 2021, BankFinancial reported total assets of $1.657 billion, total loans of $1.032 billion, and total deposits of $1.439 billion. The company offers banking and wealth management services primarily in the Chicago metropolitan area.
BankFinancial Corporation (Nasdaq: BFIN) reported a net income of $1.9 million, or $0.13 per share, for the second quarter of 2021, down from $2.4 million or $0.16 per share in Q2 2020. For the first half of 2021, net income was $3.4 million, or $0.23 per share, compared to $4.8 million or $0.32 per share in 2020. As of June 30, 2021, BankFinancial had total assets of $1.657 billion, total loans of $1.032 billion, and total deposits of $1.439 billion. The management will discuss these results in a conference call on August 2, 2021.
BankFinancial NA has expanded its Commercial Finance Division by appointing Carol Bader Apicella and Lindsay Gordon as Senior Vice Presidents. Apicella brings 30 years of experience from government contractor finance, while Gordon has extensive experience in financial services, primarily from Wells Fargo. This expansion aims to enhance BankFinancial's commercial finance product offerings, including accounts receivable factoring and equipment finance, to better serve small and medium-sized businesses.
BankFinancial Corporation announced an increase in its share repurchase program, raising the total number of shares authorized for repurchase by 900,000. This brings the total authorized shares for repurchase to 999,661 as of June 24, 2021. The program is set to remain effective until November 15, 2021. Repurchases will be conducted at management's discretion, considering market conditions and internal limitations. The initiative is expected to enhance shareholder value, pending adequate liquidity.
BankFinancial Corporation (Nasdaq – BFIN) has declared a cash dividend of $0.10 per common share, payable on May 28, 2021 to shareholders of record as of May 12, 2021. As of March 31, 2021, BankFinancial reported total assets of $1.620 billion, total loans of $1.029 billion, total deposits of $1.422 billion, and stockholders' equity of $171 million. This payout reflects BankFinancial's commitment to returning value to its shareholders.
BankFinancial Corporation (Nasdaq - BFIN) announced an extension of its share repurchase program, moving the expiration date from April 30, 2021, to November 15, 2021. The total number of shares authorized for repurchase has been increased by 250,000, bringing the total to 6,460,755. As of April 30, 2021, 288,158 shares remained available for repurchase. The program allows for buybacks at management's discretion, contingent on market conditions and liquidity. BankFinancial reported total assets of $1.620 billion and stockholders’ equity of $171 million as of March 31, 2021.
BankFinancial Corporation (BFIN) reported a net income of $1.5 million for Q1 2021, reflecting a decrease from $2.4 million in Q1 2020. Earnings per share were $0.10, down from $0.16 a year earlier. As of March 31, 2021, total assets stood at $1.620 billion, with total loans at $1.029 billion and total deposits at $1.422 billion. The company experienced a $952,000 drop in net interest income, driven by reduced yields on loans. The Tier 1 leverage ratio was a robust 10.67%.
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