{"id":726581,"date":"2023-01-27T11:46:40","date_gmt":"2023-01-27T16:46:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/"},"modified":"2023-01-27T11:46:40","modified_gmt":"2023-01-27T16:46:40","slug":"bankfinancial-corporation-extends-and-expands-share-repurchase-program-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/","title":{"rendered":"BankFinancial Corporation Extends and Expands Share Repurchase Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BURR RIDGE, Ill., Jan.  27, 2023  (GLOBE NEWSWIRE) &#8212; The Board of Directors of BankFinancial Corporation (the &#8220;Company&#8221;)\u00a0extended the expiration date of the Company&#8217;s share\u00a0repurchase authorization from\u00a0April 28, 2023 to\u00a0July 15, 2023,\u00a0and increased the total number of shares currently authorized for repurchase under the Share Repurchase\u00a0Program to\u00a0264,112\u00a0shares. As of\u00a0January 26, 2023, a total of\u00a0139,112 shares remained authorized for purchase pursuant to the previous share repurchase authorization.\u00a0Therefore, as of January 26, 2023, the total number of shares authorized for repurchase increased\u00a0125,000 shares to 264,112\u00a0shares.\u00a0The share repurchase authorization remains in effect through July 15, 2023.<\/p>\n<p align=\"justify\">The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The authorization will be utilized at management\u2019s discretion, subject to price, volume and other internal limitations that will be established by the Company\u2019s Board of Directors, and to the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements. Share repurchases will be funded from specifically-allocated working capital, if and as available.<\/p>\n<p align=\"justify\">The authorization does not obligate the Company to purchase any particular number of shares at any given price per share at any time. The implementation of the authorization is contingent upon adequate liquidity to consummate the authorized repurchases at then current market prices, including the proceeds from the potential future declaration of dividends from the Company\u2019s bank subsidiary.\u00a0 Share repurchases may be suspended, terminated or modified at any time for any reason, including market prices for the Company\u2019s stock and other market\u00a0conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, sufficient liquidity to consummate repurchases, and other factors deemed appropriate. These factors, as well as internal restrictions on trading in the Company&#8217;s shares during specific time periods, may also affect the timing and amount of share repurchases.<\/p>\n<p align=\"justify\">BankFinancial Corporation is the holding company for BankFinancial, NA, a national bank providing banking, wealth management and\u00a0fiduciary\u00a0services to individuals, families and businesses in the Chicago metropolitan area and on a regional or national basis for commercial finance, equipment finance, commercial real estate finance and treasury management business customers.\u00a0 BankFinancial Corporation&#8217;s common stock trades on the Nasdaq Global Select Market under the symbol \u201cBFIN.\u201d Additional information may be found at the company&#8217;s website,\u00a0www.bankfinancial.com.\u00a0\u00a0At September 30, 2022, BankFinancial had total assets of\u00a0$1.629 billion, total loans of\u00a0$1.142 billion, total deposits of\u00a0$1.425 billion and stockholders\u2019 equity of $151\u00a0million.\u00a0<\/p>\n<p align=\"justify\">This release includes \u201cforward-looking statements\u201d as defined in the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as &#8220;believes,&#8221; &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;project,&#8221; &#8220;may,&#8221; &#8220;could,&#8221; &#8220;anticipate,&#8221; &#8220;estimates,&#8221; &#8220;intends,&#8221; &#8220;plans&#8221; and similar expressions. These statements are based upon the current beliefs and expectations of the Company&#8217;s management and are subject to significant risks and uncertainties. A variety of factors could cause the Company&#8217;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 the Company&#8217;s most recent Annual Report on Form 10-K as filed 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&#8217;s web site at http:\/\/www.sec.gov or at http:\/\/www.bankfinancial.com. Forward looking statements speak only as of the date they are made, and the Company does not undertake to update them to reflect changes.<\/p>\n<table style=\"border-collapse: collapse;width:60%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">\n            <strong>For Further Information Contact:<\/strong>\n          <\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">Shareholder, Analyst and Investor Inquiries:<\/td>\n<td style=\"vertical-align: top\">Media Inquiries:<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Elizabeth A. Doolan<br \/>Senior Vice President \u2013 Controller<br \/><strong><em>BankFinancial<\/em><\/strong><em> Corporation<\/em><br \/>Telephone: 630-425-5568<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Gregg T. Adams<br \/>President \u2013 Marketing &amp; Sales<br \/><strong><em>BankFinancial,<\/em><\/strong> NA<br \/>Telephone: 630-425-5877<\/td>\n<\/tr>\n<\/table>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczODA4NSM1Mzc4NjkzIzIwMDU4NTA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OTQ4YTVmZDItOTA2Ny00NjIyLTkzZmYtOGRjZTUwM2IyM2E5LTEwMTc0MjM=\/tiny\/BankFinancial-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BURR RIDGE, Ill., Jan. 27, 2023 (GLOBE NEWSWIRE) &#8212; The Board of Directors of BankFinancial Corporation (the &#8220;Company&#8221;)\u00a0extended the expiration date of the Company&#8217;s share\u00a0repurchase authorization from\u00a0April 28, 2023 to\u00a0July 15, 2023,\u00a0and increased the total number of shares currently authorized for repurchase under the Share Repurchase\u00a0Program to\u00a0264,112\u00a0shares. As of\u00a0January 26, 2023, a total of\u00a0139,112 shares remained authorized for purchase pursuant to the previous share repurchase authorization.\u00a0Therefore, as of January 26, 2023, the total number of shares authorized for repurchase increased\u00a0125,000 shares to 264,112\u00a0shares.\u00a0The share repurchase authorization remains in effect through July 15, 2023. The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BankFinancial Corporation Extends and Expands Share Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-726581","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BankFinancial Corporation Extends and Expands Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BankFinancial Corporation Extends and Expands Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BURR RIDGE, Ill., Jan. 27, 2023 (GLOBE NEWSWIRE) &#8212; The Board of Directors of BankFinancial Corporation (the &#8220;Company&#8221;)\u00a0extended the expiration date of the Company&#8217;s share\u00a0repurchase authorization from\u00a0April 28, 2023 to\u00a0July 15, 2023,\u00a0and increased the total number of shares currently authorized for repurchase under the Share Repurchase\u00a0Program to\u00a0264,112\u00a0shares. As of\u00a0January 26, 2023, a total of\u00a0139,112 shares remained authorized for purchase pursuant to the previous share repurchase authorization.\u00a0Therefore, as of January 26, 2023, the total number of shares authorized for repurchase increased\u00a0125,000 shares to 264,112\u00a0shares.\u00a0The share repurchase authorization remains in effect through July 15, 2023. The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule &hellip; Continue reading &quot;BankFinancial Corporation Extends and Expands Share Repurchase Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-27T16:46:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczODA4NSM1Mzc4NjkzIzIwMDU4NTA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BankFinancial Corporation Extends and Expands Share Repurchase Program\",\"datePublished\":\"2023-01-27T16:46:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\\\/\"},\"wordCount\":638,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODczODA4NSM1Mzc4NjkzIzIwMDU4NTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\\\/\",\"name\":\"BankFinancial Corporation Extends and Expands Share Repurchase Program - 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As of\u00a0January 26, 2023, a total of\u00a0139,112 shares remained authorized for purchase pursuant to the previous share repurchase authorization.\u00a0Therefore, as of January 26, 2023, the total number of shares authorized for repurchase increased\u00a0125,000 shares to 264,112\u00a0shares.\u00a0The share repurchase authorization remains in effect through July 15, 2023. The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule &hellip; Continue reading \"BankFinancial Corporation Extends and Expands Share Repurchase Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/","og_site_name":"Market Newsdesk","article_published_time":"2023-01-27T16:46:40+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczODA4NSM1Mzc4NjkzIzIwMDU4NTA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BankFinancial Corporation Extends and Expands Share Repurchase Program","datePublished":"2023-01-27T16:46:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/"},"wordCount":638,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczODA4NSM1Mzc4NjkzIzIwMDU4NTA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/bankfinancial-corporation-extends-and-expands-share-repurchase-program-5\/","name":"BankFinancial Corporation Extends and Expands Share Repurchase Program - 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