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Bankfinancial Corp. (BFIN)
NASDAQ:BFIN
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Earnings Data
Report Date
Feb 03, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.2Last Year’s EPS
$0.17Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 28, 2024
|% Change Since: 2.49%
|Next Earnings Date:Feb 03, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in commercial finance and stable credit quality, but it was overshadowed by declines in loan originations, tight market spreads, and significant shareholder unrest about long-term performance and strategic direction. The management showed a focus on operational efficiency, but the challenges in the competitive market and shareholder concerns were prominent.Company Guidance
During the BankFinancial Corp. earnings call for the fourth quarter of 2023, CEO Morgan Gasior provided detailed guidance for the upcoming year. The company plans to focus on growing its commercial finance sector by reallocating resources, with a goal of tripling personnel compared to early 2023. Despite steady commercial finance balances, fourth-quarter draw activity was lower, impacting intra-quarter interest income. The bank anticipates a $130 million cash flow from the Equipment Finance portfolio in 2024, aiming to reposition these funds to enhance yields by 200-250 basis points. They have observed stabilization in deposits, targeting a loan-to-deposit ratio of 90% and projecting loan growth between 5% and 8%. For 2024, BankFinancial expects expenses to range between $41 million and $42.5 million, influenced by origination levels and marketing investments. The company is also focusing on maintaining net interest margin stability in the first half of the year, with potential expansion in the latter half as cash flows are reinvested.Strong Commercial Finance Growth
The commercial finance segment showed promising growth with increased resource allocation and a focus on expanding the pipeline, particularly in the health care and lessor finance sectors.
Equipment Finance Repositioning
Successfully repositioned $200 million from Equipment Finance into higher-rate originations, with expectations of $130 million cash flows in 2024 leading to an increase in yields by 200 to 250 basis points.
Stable Credit Quality
Credit quality remained stable with non-performing assets improving, and further enhancement expected as specific equipment deals are resolved.
Operational Efficiency and Cost Control
Expenses projected between $41 million to $42.5 million, with efforts to optimize marketing expenses and manage inflationary pressures.
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BFIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BFIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $12.37 | $12.02 | -2.83% |
| Jul 29, 2024 | $11.55 | $11.60 | +0.43% |
| May 09, 2024 | $9.93 | $9.92 | -0.10% |
| Jan 31, 2024 | $10.72 | $10.45 | -2.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bankfinancial Corp. (BFIN) report earnings?
Bankfinancial Corp. (BFIN) is schdueled to report earning on Feb 03, 2025, TBA Not Confirmed.
What is Bankfinancial Corp. (BFIN) earnings time?
Bankfinancial Corp. (BFIN) earnings time is at Feb 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BFIN EPS forecast?
BFIN EPS forecast for the fiscal quarter 2024 (Q4) is $0.2.
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