Latest Ratios: P/E Ratio 36.4x · EV/EBITDA 13.4x · ROE 2.6%. (2004–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $150M | $158M | $130M | $138M | $150M | $131M | $204M | $261M | $282M | $285M | $249M |
| Enterprise Value | $69M | $78M | $-33807020 | $91M | $-327861230 | $-364217440 | $14M | $183M | $215M | $239M | $254M |
| P/E Ratio → | 36.36 | 38.48 | 13.86 | 13.16 | 20.13 | 14.39 | 17.44 | 13.47 | 31.31 | 38.00 | 28.70 |
| P/S Ratio | 2.01 | 2.13 | 1.82 | 2.25 | 2.87 | 2.25 | 2.85 | 3.43 | 4.50 | 4.95 | 4.46 |
| P/B Ratio | 0.96 | 1.01 | 0.83 | 0.91 | 0.95 | 0.76 | 1.17 | 1.39 | 1.43 | 1.39 | 1.17 |
| P/FCF | 27.34 | 28.94 | 17.63 | 18.73 | 27.56 | 11.41 | 9.91 | 13.66 | 13.05 | 15.62 | 17.36 |
| P/OCF | 19.77 | 20.93 | 14.05 | 14.81 | 19.27 | 9.71 | 9.54 | 12.60 | 12.40 | 15.05 | 16.73 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.05 | -0.48 | 1.48 | -6.27 | -6.25 | 0.19 | 2.41 | 3.44 | 4.16 | 4.55 |
| EV / EBITDA | 13.36 | 15.05 | -2.37 | 6.00 | -27.71 | -25.03 | 0.78 | 6.59 | 10.45 | 14.42 | 13.75 |
| EV / EBIT | 13.80 | 15.49 | -2.65 | 6.54 | -33.60 | -28.54 | 0.86 | 7.07 | 13.28 | 19.63 | 18.01 |
| EV / FCF | — | 14.27 | -4.60 | 12.32 | -60.35 | -31.64 | 0.67 | 9.62 | 9.96 | 13.12 | 17.71 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.2% | 66.2% | 79.4% | 89.7% | 97.0% | 87.9% | 76.2% | 87.7% | 90.4% | 93.5% | 100.7% |
| Operating Margin | 6.8% | 6.8% | 17.9% | 22.6% | 18.7% | 21.9% | 22.2% | 34.2% | 25.9% | 21.2% | 25.3% |
| Net Profit Margin | 5.5% | 5.5% | 13.2% | 17.1% | 14.2% | 15.7% | 16.3% | 25.4% | 14.4% | 13.0% | 15.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.6% | 2.6% | 6.1% | 6.8% | 4.5% | 5.3% | 6.5% | 10.1% | 4.5% | 3.6% | 4.0% |
| ROA | 0.3% | 0.3% | 0.6% | 0.6% | 0.4% | 0.6% | 0.8% | 1.2% | 0.6% | 0.5% | 0.6% |
| ROIC | 1.9% | 1.9% | 5.2% | 5.9% | 4.0% | 5.4% | 6.2% | 8.4% | 4.7% | 3.4% | 4.1% |
| ROCE | 2.3% | 2.3% | 6.3% | 7.6% | 5.3% | 7.0% | 7.9% | 10.7% | 6.0% | 4.4% | 5.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.29 | 0.13 | 0.16 | 0.05 | 0.00 | 0.11 | 0.31 | 0.25 | 0.30 |
| Debt / EBITDA | 7.47 | 7.47 | 3.13 | 1.30 | 2.08 | 0.55 | 0.00 | 0.76 | 2.95 | 3.07 | 3.48 |
| Net Debt / Equity | — | -0.51 | -1.05 | -0.31 | -3.03 | -2.87 | -1.09 | -0.41 | -0.34 | -0.22 | 0.02 |
| Net Debt / EBITDA | -15.48 | -15.48 | -11.43 | -3.12 | -40.37 | -34.05 | -10.78 | -2.77 | -3.25 | -2.75 | 0.27 |
| Debt / FCF | — | -14.67 | -22.23 | -6.41 | -87.90 | -43.05 | -9.25 | -4.04 | -3.09 | -2.50 | 0.34 |
| Interest Coverage | 0.25 | 0.25 | 0.89 | 3.09 | 3.49 | 1.83 | 1.20 | 2.82 | 2.66 | 3.07 | 5.01 |
Net cash position: cash ($119M) exceeds total debt ($39M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.35 | 0.35 | 0.29 | 0.20 | 0.39 | 0.38 | 0.20 | 0.14 | 0.17 | 0.15 | 0.15 |
| Quick Ratio | 0.35 | 0.35 | 0.29 | 0.20 | 0.39 | 0.38 | 0.20 | 0.14 | 0.17 | 0.15 | 0.15 |
| Cash Ratio | 0.10 | 0.10 | 0.16 | 0.05 | 0.33 | 0.36 | 0.15 | 0.07 | 0.09 | 0.07 | 0.05 |
| Asset Turnover | — | 0.05 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.3% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 122.4% | 122.4% | 53.8% | 49.8% | 75.8% | 65.3% | 53.7% | 33.3% | 57.2% | 55.1% | 47.8% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.8% | 2.6% | 7.2% | 7.6% | 5.0% | 6.9% | 5.7% | 7.4% | 3.2% | 2.6% | 3.5% |
| FCF Yield | 3.7% | 3.5% | 5.7% | 5.3% | 3.6% | 8.8% | 10.1% | 7.3% | 7.7% | 6.4% | 5.8% |
| Buyback Yield | 0.1% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 3.4% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $12M | $13M | $13M | $14M | $15M | $16M | $17M | $18M | $19M | $20M |
Chicago real estate concentration
As reported in recent financial filings, BFIN trades at a P/B of 0.96, which suggests the market is pricing the institution at a discount to its tangible book value, reflecting investor skepticism regarding the bank's ability to generate competitive returns on equity in the current interest rate environment.
The current valuation appears to reflect a market consensus that the bank's profitability is structurally impaired rather than cyclically depressed. Investors should monitor whether the persistent discount to book value persists as the bank attempts to navigate its concentrated Chicago-area commercial real estate exposure.
Based on quarterly data, the bank's ROE has struggled to exceed 1.5% over the last ten quarters, a trend that indicates significant profitability strain when compared to regional peers that consistently achieve mid-to-high single-digit returns on equity through more effective asset utilization and lower overhead costs.
The DuPont decomposition suggests that the primary drag on ROE is the bank's inability to optimize its efficiency ratio, which frequently exceeds 60%. This lack of operating leverage implies that the bank's current business model may be too reliant on legacy branch infrastructure to support its existing asset base.
According to the provided financial statements, the net interest margin has remained stagnant at 0.8% for the majority of the last ten quarters, indicating that the bank has failed to capture yield expansion despite the broader volatility in the interest rate environment observed since 2023.
The persistent 0.8% NIM suggests that the bank's funding costs are likely rising in lockstep with asset yields, leaving little room for margin expansion. This lack of spread management warrants further investigation into the bank's deposit beta and the repricing characteristics of its commercial lease portfolio.
As evidenced by the consistent equity-to-assets ratio of 0.11 over the last ten quarters, the bank maintains a stable capital buffer that appears designed for preservation rather than aggressive growth, suggesting that management is prioritizing balance sheet safety over the pursuit of higher-yielding, riskier lending opportunities.
While this capital position provides a defensive cushion against potential credit losses in the Chicago multi-family market, it also limits the bank's capacity for significant balance sheet expansion. Investors should monitor whether this conservative stance remains appropriate if the bank's core revenue generation continues to face downward pressure.
Investors frequently misapply the P/E ratio to BFIN, which obscures the volatility caused by periodic, large-scale provisions for credit losses that do not reflect the bank's underlying cash-generating capacity or its long-term ability to manage its core commercial and multi-family real estate loan portfolio.
The P/E ratio is particularly misleading for this institution because it fails to account for the non-cash nature of provision expenses and the impact of CECL accounting on reported earnings. A more appropriate valuation metric for this bank would be the P/TBV, which provides a clearer view of the underlying value of the balance sheet assets.
Includes 30+ ratios · 21 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BFIN stock.
BankFinancial Corporation's current P/E ratio is 36.4x. The historical average is 28.5x. This places it at the 60th percentile of its historical range.
BankFinancial Corporation's current EV/EBITDA is 13.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.9x.
BankFinancial Corporation's return on equity (ROE) is 2.6%. The historical average is 2.1%.
Based on historical data, BankFinancial Corporation is trading at a P/E of 36.4x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
BankFinancial Corporation's current dividend yield is 3.33% with a payout ratio of 122.4%.
BankFinancial Corporation has 66.2% gross margin and 6.8% operating margin.
BankFinancial Corporation's Debt/EBITDA ratio is 7.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.