EX-99.1 2 bfin-20200331ex991earnings.htm EXHIBIT 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
BankFinancial Corporation Reports Financial Results for the First Quarter 2020 and
Will Host Conference Call and Webcast on Wednesday, April 22, 2020
Burr Ridge, Illinois - (April 21, 2020) BankFinancial Corporation ("Company") (Nasdaq - BFIN) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 on April 20, 2020. The Company also filed its Quarterly Financial and Statistical Supplement and its 2020 Corporate Profile as of April 19, 2020 on Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”) today.
BankFinancial reported net income for the three months ended March 31, 2020 of $2.4 million, or $0.16 per common share, compared to net income of $3.6 million, or $0.22 per common share, for the three months ended March 31, 2019. At March 31, 2020, BankFinancial had total assets of $1.450 billion, total loans of $1.148 billion, total deposits of $1.254 billion and stockholders' equity of $173.0 million.
The Quarterly Report on Form 10-Q, the Quarterly Financial and Statistical Supplement and the 2020 Corporate Profile will be available today on BankFinancial's website, www.bankfinancial.com, at the “Investor Relations” page, and through the EDGAR database on the SEC's website, www.sec.gov. 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 first quarter 2020 results in a conference call and webcast for stockholders and analysts on Wednesday, April 22, 2020 at 9:30 a.m. Chicago, Illinois Time. The conference call may be accessed by calling (844) 413-1780 using participant passcode 5223789. The conference call will be simultaneously webcast at www.bankfinancial.com, “Investor Relations” page. For those unable to participate in the conference call, the webcast will be archived through Wednesday, May 6, 2020 on our website.
BankFinancial Corporation is the holding company for BankFinancial, NA, a national bank providing financial services to individuals, families and businesses through 19 full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois and to selected commercial loan and deposit customers on a regional or national basis. BankFinancial Corporation's common stock trades on the Nasdaq Global Select Market under the symbol BFIN. Additional information may be found at the company's website, www.bankfinancial.com.
This release includes “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. A variety of factors could cause BankFinancial’s actual results to differ from those expected at the time of this release. For a discussion of some of the factors that may cause actual results to differ from expectations, please refer to BankFinancial’s most recent Annual Report on Form 10-K as filed with the SEC, as supplemented by subsequent filings with the SEC. Investors are urged to review all information contained in these reports, including the risk factors discussed therein. Copies of these filings are available at no cost on the SEC's web site at www.sec.gov or on BankFinancial’s web site at www.bankfinancial.com. Forward looking statements speak only as of the date they are made, and we do not undertake to update them to reflect changes.

For Further Information Contact: |  |
Shareholder, Analyst and Investor Inquiries: |  | Media Inquiries:
Elizabeth A. Doolan Senior Vice President – Finance BankFinancial Corporation Telephone: 630-242-7151 |  | Gregg T. Adams President – Marketing & Sales BankFinancial, NA Telephone: 630-242-7234