BankFinancial Full Year 2024 Earnings: Misses Expectations

BankFinancial (NASDAQ:BFIN) Full Year 2024 Results

Key Financial Results

• Revenue: US$49.2m (down 12% from FY 2023).
• Net income: US$4.07m (down 57% from FY 2023).
• Profit margin: 8.3% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.33 (down from US$0.74 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BankFinancial Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 53%.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's share price is broadly unchanged from a week ago.

Valuation

Following the latest earnings results, BankFinancial may be overvalued based on 6 different valuation benchmarks we assess. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.