BANKFINANCIAL


Associated tags: Education, Small, Committee, Monitor, Woman, NEFA, Property management

Locations: BURR RIDGE, IL, US, CHICAGO, NA

BankFinancial Corporation Reports Financial Results for the First Quarter 2024

Retrieved on: 
Thursday, May 9, 2024

For the quarter ended March 31, 2024, cash and cash equivalent assets were 9% of total assets, compared to 12% of total assets at December 31, 2023.

Key Points: 
  • For the quarter ended March 31, 2024, cash and cash equivalent assets were 9% of total assets, compared to 12% of total assets at December 31, 2023.
  • Past due trends improved, and nonperforming asset resolution activity continued to accelerate during the first quarter of 2024.
  • The Company repurchased 15,203 common shares during the quarter ended March 31, 2024, at a total cost of $156,000.
  • For the second half of 2024, we expect our net interest margin to increase between 2% and 4% each quarter.

BankFinancial Corporation Declares Cash Dividend

Retrieved on: 
Friday, April 26, 2024

BURR RIDGE, Ill., April 26, 2024 (GLOBE NEWSWIRE) -- BankFinancial Corporation (Nasdaq – BFIN) (“BankFinancial”) announced that its Board of Directors declared a cash dividend of $0.10 per common share.

Key Points: 
  • BURR RIDGE, Ill., April 26, 2024 (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 May 24, 2024, to stockholders of record on May 10, 2024.
  • BankFinancial Corporation is the holding company for BankFinancial, NA, a national bank providing banking, wealth management and fiduciary services to individuals, families and businesses in the Chicago metropolitan area and on a regional or national basis for commercial finance, equipment finance, commercial real estate finance and treasury management business customers.
  • At December 31, 2023, BankFinancial had total assets of $1.487 billion, total loans of $1.051 billion, total deposits of $1.262 billion and stockholders’ equity of $155 million.

BankFinancial Corporation Announces Expansion of Board of Directors and Standstill Agreement with Strategic Value Bank Partners, LLC, Strategic Value Investors LP and Benjamin Mackovak

Retrieved on: 
Friday, February 9, 2024

Mr. O’Connor has served on the board of directors of BankFinancial NA since January, 2023.

Key Points: 
  • Mr. O’Connor has served on the board of directors of BankFinancial NA since January, 2023.
  • Mr. O’Connor will serve as a director of BankFinancial Corporation in the class of directors with terms expiring at BFIN’s 2025 Annual Meeting of stockholders.
  • Prior to co-founding Strategic Value Bank Partners, Mr. Mackovak had senior leadership roles and experience with several investment analysis and advisory firms since 2004.
  • On February 7, 2024, BankFinancial Corporation, Strategic Value Bank Partners, LLC, Strategic Value Investors LP and Mr. Mackovak (collectively, the “SVB Partners Parties”) agreed to a Standstill Agreement.

BankFinancial Corporation Reports Financial Results for 2023 and Will Host Conference Call and Webcast on Friday, February 2, 2024

Retrieved on: 
Wednesday, January 31, 2024

The Company recorded net income of $2.1 million and basic and diluted earnings per common share of $0.17 for the fourth quarter of 2023.

Key Points: 
  • The Company recorded net income of $2.1 million and basic and diluted earnings per common share of $0.17 for the fourth quarter of 2023.
  • Total assets at December 31, 2023, were $1.487 billion, a decline of $88.1 million (5.6%) compared to December 31, 2022.
  • Our loan to deposit ratio was 83.3% as of December 31, 2023, compared to 89.2% as of December 31, 2022.
  • The Company’s capital position remained strong, with a Tier 1 leverage ratio of 10.54% as of December 31, 2023.

BankFinancial Corporation Declares Cash Dividend

Retrieved on: 
Friday, January 26, 2024

BURR RIDGE, Ill., Jan. 26, 2024 (GLOBE NEWSWIRE) -- BankFinancial Corporation (Nasdaq – BFIN) (“BankFinancial”) announced that its Board of Directors declared a cash dividend of $0.10 per common share.

Key Points: 
  • BURR RIDGE, Ill., Jan. 26, 2024 (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 23, 2024, to stockholders of record on February 9, 2024.
  • BankFinancial Corporation is the holding company for BankFinancial, NA, a national bank providing banking, wealth management and fiduciary services to individuals, families and businesses in the Chicago metropolitan area and on a regional or national basis for commercial finance, equipment finance, commercial real estate finance and treasury management business customers.
  • At September 30, 2023, BankFinancial had total assets of $1.505 billion, total loans of $1.106 billion, total deposits of $1.276 billion and stockholders’ equity of $154 million.

BankFinancial Corporation Extends and Expands Share Repurchase Program

Retrieved on: 
Friday, December 15, 2023

As of December 14, 2023, a total of 13,625 shares remained authorized for purchase pursuant to the previous share repurchase authorization.

Key Points: 
  • As of December 14, 2023, a total of 13,625 shares remained authorized for purchase pursuant to the previous share repurchase authorization.
  • Therefore, as of December 14, 2023, the total number of shares authorized for repurchase is 213,625 shares.
  • The share repurchase authorization remains in effect through December 15, 2024.
  • The authorization does not obligate the Company to purchase any particular number of shares at any given price per share at any time.

BankFinancial Corporation Reports Financial Results for the Third Quarter 2023 and Will Host Conference Call and Webcast on Wednesday, November 1, 2023

Retrieved on: 
Monday, October 30, 2023

The Quarterly Financial and Statistical Supplement includes comparative GAAP and non-GAAP performance data and financial measures for the most recent five quarters.

Key Points: 
  • The Quarterly Financial and Statistical Supplement includes comparative GAAP and non-GAAP performance data and financial measures for the most recent five quarters.
  • BankFinancial's management will review third quarter 2023 results in a conference call and webcast for stockholders and analysts on Wednesday, November 1, 2023, at 9:30 a.m. Chicago, Illinois Time.
  • All participants will need to register for the conference call using the conference link below.
  • For those persons unable to participate in the conference call, the webcast will be archived through Wednesday, November 15, 2023, on our website.

BankFinancial Corporation Declares Cash Dividend

Retrieved on: 
Friday, October 27, 2023

BURR RIDGE, Ill., Oct. 27, 2023 (GLOBE NEWSWIRE) -- BankFinancial Corporation (Nasdaq – BFIN) (“BankFinancial”) announced that its Board of Directors declared a cash dividend of $0.10 per common share.

Key Points: 
  • BURR RIDGE, Ill., Oct. 27, 2023 (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 November 24, 2023, to stockholders of record on November 10, 2023.
  • BankFinancial Corporation is the holding company for BankFinancial, NA, a national bank providing banking, wealth management and fiduciary services to individuals, families, and businesses in the Chicago metropolitan area and on a regional or national basis for commercial finance, equipment finance, commercial real estate finance and treasury management business customers.
  • At June 30, 2023, BankFinancial had total assets of $1.527 billion, total loans of $1.171 billion, total deposits of $1.304 billion and stockholders’ equity of $152 million.

BankFinancial names Kimberly King, Vice President of Sales of their Equipment Finance Small Ticket Division

Retrieved on: 
Tuesday, September 19, 2023

BURR RIDGE, Ill., Sept. 19, 2023 (GLOBE NEWSWIRE) -- BankFinancial announced the promotion of Kimberly King, CLFP as Vice President of Sales of the Equipment Finance Small Ticket Division.

Key Points: 
  • BURR RIDGE, Ill., Sept. 19, 2023 (GLOBE NEWSWIRE) -- BankFinancial announced the promotion of Kimberly King, CLFP as Vice President of Sales of the Equipment Finance Small Ticket Division.
  • Before being promoted to Vice President, she served as the Small Ticket Sales Manager.
  • In this role, she was responsible for the Small Ticket leasing sales operation, including developing and executing division initiatives in sales, marketing, product, and operations.
  • Marci L. Slagle, CLFP, President of BankFinancial Equipment Finance, believes Kim is the ideal addition to lead the Equipment Finance Small Ticket division to its next chapter of growth and success.

BankFinancial Corporation Reports Financial Results for the Second Quarter 2023 and Will Host Conference Call and Webcast on Monday, July 31, 2023

Retrieved on: 
Friday, July 28, 2023

The Quarterly Financial and Statistical Supplement includes comparative GAAP and non-GAAP performance data and financial measures for the most recent five quarters.

Key Points: 
  • The Quarterly Financial and Statistical Supplement includes comparative GAAP and non-GAAP performance data and financial measures for the most recent five quarters.
  • BankFinancial's management will review second quarter 2023 results in a conference call and webcast for stockholders and analysts on Monday, July 31, 2023, at 9:30 a.m. Chicago, Illinois Time.
  • All participants will need to register for the conference call using the conference link below.
  • For those persons unable to participate in the conference call, the webcast will be archived through Monday, August 14, 2023 on our website.