Welcome to our dedicated page for Bankfinancial news (Ticker: BFIN), a resource for investors and traders seeking the latest updates and insights on Bankfinancial stock.
BankFinancial Corporation was a bank holding company for BankFinancial, NA, a national bank serving individuals, families and businesses in the Chicago metropolitan area. Its news has centered on banking, wealth management and fiduciary services, as well as commercial finance, equipment finance, commercial real estate finance and treasury management for regional and national business customers.
Recurring BFIN developments include operating and financial results, deposit and loan trends, credit quality, liquidity and asset-liability management, cash dividends, share repurchase authorizations, commercial finance team expansion, board composition and governance agreements. Subsequent corporate records identify First Financial Bancorp as successor by merger to BankFinancial Corporation.
BankFinancial Corporation (BFIN) reported a net income of $7.4 million for 2021, with earnings per share of $0.53. In Q4 2021, it posted a net income of $2.4 million and earnings per share of $0.18. Total loans rose by 4.2% to $1.044 billion, driven by a 20.9% increase in commercial loans. However, nonperforming loans remained low at 0.07%. Total deposits increased by 6.8% to $94.9 million. Net interest income fell by 4.6% due to lower loan yields. The company maintained a Tier 1 leverage ratio of 9.32% and continued its dividend at $0.10 per share.
BankFinancial Corporation (Nasdaq: BFIN) declared a cash dividend of $0.10 per common share, payable on February 25, 2022, to shareholders of record as of February 11, 2022. As of September 30, 2021, the company reported total assets of $1.660 billion, total loans of $1.047 billion, total deposits of $1.454 billion, and stockholders’ equity of $158 million. BankFinancial provides banking, wealth management, and fiduciary services primarily in the Chicago area.
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.