The bank maintains a conservative capital structure with an equity-to-assets ratio consistently held at 0.11, while total assets have remained stagnant near $1.5 billion.
| Metric | TTM | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 |
|---|
| Cash & Short Term Investments | 2.13B | 414.82M | 361.2M | 277.11M | 587.86M | 527.33M | 250.52M | 186.38M | 220.97M | 203.9M | 174.13M | 180.75M | 160.96M | 275.76M | 120.7M | 220.81M | 108.2M | 29.33M | 28.95M | 67.34M | 38.03M | 29.3M |
| Cash & Due from Banks | 94.59M | 118.98M | 208M | 66.77M | 502.16M | 503.5M | 190.32M | 98.2M | 127.59M | 96.68M | 59.38M | 59.58M | 160.96M | 275.76M | 120.7M | 220.81M | 108.2M | 29.33M | 28.95M | 67.34M | 38.03M | 29.3M |
| Short Term Investments | 537.5M | 295.83M | 153.2M | 210.34M | 85.69M | 23.83M | 60.19M | 88.18M | 93.38M | 107.21M | 114.75M | 121.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 1.3B | 1.25B | 1.2B | 1.44B | 1.13B | 1.03B | 1.23B | 1.41B | 1.41B | 1.42B | 1.35B | 1.29B | 1.21B | 1.11B | 1.32B | 1.17B | 1.32B | 1.39B | 1.33B | 1.45B | 1.48B | 1.37B |
| Investments Growth % | 10.64% | 3.62% | -16.19% | 27.19% | 10.08% | -16.43% | -13.02% | -0.12% | -0.46% | 5.43% | 4.13% | 6.99% | 8.87% | -16.01% | 12.6% | -11.09% | -5.24% | 4.7% | -8.08% | -2.18% | 8.42% | - |
| Long-Term Investments | 3.37B | 952.28M | 1.05B | 1.23B | 1.04B | 1B | 1.17B | 1.32B | 1.32B | 1.31B | 1.23B | 1.17B | 1.21B | 1.11B | 1.32B | 1.17B | 1.32B | 1.39B | 1.33B | 1.45B | 1.48B | 1.37B |
| Accounts Receivables | 4.51M | 6.4M | 7.54M | 7.34M | 4.65M | 3.94M | 4.56M | 4.95M | 4.62M | 4.38M | 4.23M | 3.93M | 3.93M | 4.15M | 5.57M | 5.39M | 6.11M | 6.73M | 7.09M | 7.87M | 6.6M | 5.42M |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 7K | 41K | 102K | 286K | 782K | 1.3M | 1.85M | 2.43M | 3.04M | 3.67M | 25.27M | 26.86M | 28.55M | 30.34M | 32.23M | 19.11M | 5.42M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.57M | 22.57M | 22.57M | 22.57M | 22.58M | 10.87M | 5.42M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 7K | 41K | 102K | 286K | 782K | 1.3M | 1.85M | 2.43M | 3.04M | 3.67M | 2.7M | 4.29M | 5.99M | 7.77M | 9.65M | 8.25M | 0 |
| PP&E (Net) | 22.13M | 22.89M | 22.95M | 24.96M | 25.04M | 24.68M | 24.35M | 25.2M | 24.86M | 31.41M | 32.73M | 34.29M | 35.33M | 38.25M | 39.16M | 32.49M | 34.61M | 34.56M | 34.49M | 35.01M | 32.82M | 32.95M |
| Other Assets | 31.61M | 34.66M | 39.9M | 33.82M | 36.17M | 35.58M | 36.67M | 38.66M | 41.94M | 44.2M | 41.1M | 40.59M | 41.96M | 49.53M | 66.17M | 56.54M | 45.45M | 60.4M | 48.46M | 22.62M | 37.38M | 38.79M |
| Total Current Assets | 636.6M | 421.22M | 368.74M | 284.45M | 592.5M | 531.27M | 255.08M | 191.34M | 225.59M | 208.28M | 178.36M | 184.68M | 164.89M | 279.91M | 132.44M | 232.79M | 132.81M | 37.42M | 36.04M | 75.21M | 44.62M | 34.72M |
| Total Non-Current Assets | 817.93M | 1.01B | 1.12B | 1.29B | 1.11B | 1.07B | 1.23B | 1.39B | 1.4B | 1.41B | 1.33B | 1.28B | 1.29B | 1.2B | 1.43B | 1.3B | 1.43B | 1.52B | 1.44B | 1.54B | 1.57B | 1.46B |
| Total Assets | 1.45B | 1.43B | 1.49B | 1.58B | 1.7B | 1.6B | 1.49B | 1.59B | 1.63B | 1.62B | 1.51B | 1.47B | 1.45B | 1.48B | 1.56B | 1.53B | 1.57B | 1.55B | 1.48B | 1.61B | 1.61B | 1.49B |
| Asset Growth % | -6.78% | -3.53% | -5.57% | -7.38% | 6.5% | 7.31% | -6.14% | -2.48% | 0.34% | 7.11% | 3.21% | 0.81% | -1.86% | -5.27% | 2.15% | -2.31% | 0.78% | 5.01% | -8.22% | -0.08% | 8.15% | - |
| Return on Assets (ROA) | 0.16% | 0.28% | 0.61% | 0.64% | 0.45% | 0.59% | 0.76% | 1.2% | 0.55% | 0.48% | 0.58% | 2.78% | 0.22% | -1.78% | -3.15% | -0.28% | -0.05% | -1.28% | 0.46% | 0.62% | 0.71% | 0.1% |
| Accounts Payable | 0 | 0 | 0 | 20.22M | 22.2M | 17.7M | 18.6M | 14.11M | 15.46M | 13.76M | 11.31M | 13.17M | 11.77M | 9.68M | 10.87M | 10.92M | 11.13M | 9.6M | 11.84M | 11.09M | 18.43M | 10.38M |
| Total Debt | 28.27M | 38.74M | 44.68M | 19.63M | 24.59M | 8M | 61K | 21.05M | 60.77M | 51.07M | 64.32M | 25.84M | 3.06M | 5.57M | 9.32M | 23.75M | 50.78M | 200.35M | 96.43M | 138.15M | 191.39M | 264.74M |
| Net Debt | -66.31M | -80.25M | -163.32M | -47.14M | -477.57M | -495.5M | -190.26M | -77.16M | -66.82M | -45.62M | 4.94M | -33.74M | -157.9M | -270.2M | -111.38M | -197.06M | -57.41M | 171.02M | 67.48M | 70.81M | 153.36M | 235.44M |
| Long-Term Debt | 18.27M | 38.74M | 44.68M | 19.63M | 19.59M | 4M | 61K | 21.05M | 60.77M | 51.07M | 64.32M | 12.92M | 0 | 0 | 3M | 23.75M | 50.78M | 200.35M | 71.5M | 35M | 191.39M | 264.74M |
| Short-Term Debt | 10M | 0 | 0 | 0 | 5M | 4M | 0 | 0 | 0 | 0 | 0 | 12.92M | 3.06M | 5.57M | 6.32M | 0 | 0 | 0 | 24.93M | 103.15M | 0 | 0 |
| Other Liabilities | 26.83M | 22.16M | 25.7M | 8.98M | 7.99M | 4.67M | 10.22M | 10.53M | 11.64M | 11.04M | 11.53M | -1.43M | 10.43M | 10.71M | 10.98M | 7.33M | 8.05M | 8.1M | 7.49M | 8.46M | 7.97M | 7.07M |
| Total Current Liabilities | 1.25B | 1.22B | 1.26B | 1.4B | 1.52B | 1.42B | 1.3B | 1.37B | 1.36B | 1.35B | 1.22B | 1.24B | 1.27B | 1.3B | 1.35B | 1.25B | 1.24B | 1.08B | 1.11B | 1.24B | 1.09B | 1.13B |
| Total Non-Current Liabilities | 45.1M | 60.9M | 70.38M | 28.61M | 27.58M | 8.67M | 10.28M | 31.58M | 72.41M | 62.11M | 75.85M | 11.49M | 10.43M | 10.71M | 13.98M | 31.07M | 58.84M | 208.45M | 78.99M | 43.46M | 199.36M | 271.82M |
| Total Liabilities | 1.3B | 1.28B | 1.33B | 1.42B | 1.54B | 1.42B | 1.31B | 1.4B | 1.43B | 1.42B | 1.3B | 1.25B | 1.28B | 1.31B | 1.36B | 1.28B | 1.3B | 1.29B | 1.19B | 1.29B | 1.29B | 1.4B |
| Total Equity | 157.35M | 156.38M | 155.38M | 151.67M | 157.47M | 172.93M | 174.37M | 187.15M | 197.63M | 204.78M | 212.36M | 216.12M | 175.63M | 172.89M | 199.86M | 253.28M | 263.6M | 266.79M | 291.14M | 326.01M | 328.78M | 94.89M |
| Equity Growth % | -0.44% | 0.64% | 2.45% | -3.68% | -8.94% | -0.83% | -6.83% | -5.3% | -3.49% | -3.57% | -1.74% | 23.06% | 1.58% | -13.49% | -21.09% | -3.91% | -1.19% | -8.36% | -10.7% | -0.84% | 246.49% | - |
| Equity / Assets (Capital Ratio) | 10.82% | 10.9% | 10.45% | 9.63% | 9.26% | 10.83% | 11.72% | 11.81% | 12.16% | 12.64% | 14.04% | 14.75% | 12.08% | 11.67% | 12.78% | 16.55% | 16.82% | 17.16% | 19.66% | 20.21% | 20.36% | 6.36% |
| Return on Equity (ROE) | 1.48% | 2.61% | 6.12% | 6.79% | 4.49% | 5.28% | 6.46% | 10.05% | 4.47% | 3.6% | 4.05% | 20.73% | 1.89% | -14.55% | -21.49% | -1.67% | -0.28% | -6.95% | 2.32% | 3.07% | 5.23% | 1.54% |
| Book Value per Share | 12.63 | 12.55 | 12.31 | 11.60 | 11.22 | 11.57 | 11.18 | 10.73 | 10.76 | 10.65 | 10.77 | 10.71 | 8.77 | 8.67 | 10.11 | 12.88 | 13.38 | 13.46 | 14.09 | 14.57 | 14.59 | 3.88 |
| Tangible BV per Share | 12.63 | 12.55 | 12.31 | 11.60 | 11.22 | 11.57 | 11.18 | 10.73 | 10.74 | 10.61 | 10.70 | 10.61 | 8.65 | 8.52 | 9.92 | 11.60 | 12.02 | 12.02 | 12.62 | 13.13 | 13.74 | 3.66 |
| Common Stock | 125K | 125K | 125K | 127K | 132K | 148K | 153K | 165K | 179K | 192K | 203K | 211K | 211K | 211K | 211K | 211K | 214K | 217K | 222K | 243K | 245K | 0 |
| Additional Paid-in Capital | 83.3M | 83.3M | 83.46M | 85.85M | 90.71M | 107.81M | 112.42M | 130.55M | 153.81M | 173.05M | 184.8M | 193.84M | 193.59M | 193.59M | 193.8M | 194.19M | 195.18M | 195.12M | 198.45M | 227.74M | 240.24M | 0 |
| Retained Earnings | 73.86M | 73.51M | 74.43M | 71.81M | 66.55M | 64.75M | 61.57M | 56.17M | 43.27M | 39.48M | 36.11M | 31.58M | -7.34M | -9.8M | 17.95M | 71.28M | 81.53M | 88.28M | 113.8M | 113.13M | 107.53M | 96.45M |
| Accumulated OCI | 73K | -562K | -2.63M | -6.11M | 80K | 213K | 226K | 271K | 370K | 376K | 547K | 757K | 419K | 1.12M | 1.11M | 1.8M | 1.85M | -676K | -21.34M | -15.1M | -19.23M | -1.57M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Chicago real estate concentration
As reported in recent financial filings, BankFinancial's total assets have remained largely stagnant, hovering near $1.5 billion over the last ten quarters, which suggests a lack of meaningful organic growth and a potential reliance on existing securities holdings rather than new loan originations to maintain scale.
The bank's inability to grow its asset base beyond the $1.5 billion threshold indicates a potential saturation of its niche Chicago-area market. This lack of expansion may limit the institution's ability to achieve the economies of scale necessary to improve its currently constrained operating margins.
Based on the company's reported figures, the equity-to-assets ratio has remained consistently at 0.11 over the last ten quarters, suggesting that management is maintaining a stable, albeit conservative, capital buffer that prioritizes balance sheet preservation over aggressive capital deployment or significant balance sheet leverage.
While this capital position appears adequate for current risk levels, it may also imply that the bank is under-utilizing its capital base. Investors should monitor whether this stability is a strategic choice to mitigate regional economic risks or a symptom of limited high-quality lending opportunities.
According to quarterly balance sheet data, the bank's cash and equivalents fluctuated significantly, reaching a low of $94.6 million in 2025Q3, which suggests that the institution is actively managing its liquidity position to navigate the volatility inherent in its concentrated commercial and multi-family real estate portfolio.
The high proportion of assets held in investment securities relative to total assets indicates a defensive liquidity strategy. This approach may protect the bank against short-term funding shocks but likely suppresses overall interest income potential in a competitive regional banking environment.
As evidenced by the bank's operational footprint, the extreme geographic concentration in four Illinois counties creates a non-obvious risk where the balance sheet's health is inextricably linked to the localized performance of the Chicago multi-family and commercial real estate sectors, warranting further investigation by institutional investors.
The reliance on a narrow geographic and asset-class niche means that any localized economic downturn could disproportionately impact the bank's asset quality. This concentration risk appears to be a primary driver of the bank's conservative capital and liquidity management, as management likely seeks to offset the inherent volatility of its loan book.
Quick answers to the most common questions about buying BFIN stock.
As of 2024, BankFinancial Corporation (BFIN) had total assets of $1.43B including $421.2M in current assets.
BankFinancial Corporation (BFIN) carries total debt of $38.7M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
BankFinancial Corporation (BFIN) has total shareholders' equity (book value) of $156.4M ($12.55 book value per share). Book value represents the net worth of the company belonging to common stock holders.
BankFinancial Corporation (BFIN) reported a current ratio of 0.35x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.