BankFinancial (BFIN) Company Report

BankFinancial Corporation completed its merger with First Financial Bancorp. on January 1, 2026, with First Financial Bancorp. continuing as the surviving corporation.
As part of the merger, each share of BankFinancial common stock was converted into the right to receive 0.480 of a share of common stock of First Financial Bancorp..
Following the merger, BankFinancial Common Stock was suspended from trading and will be delisted from NASDAQ, with plans to terminate its SEC registration and reporting obligations.
BankFinancial's directors and executive officers ceased serving in their roles as of the effective time of the merger.

Jan 2, 2026, 1:45 PM

First Financial Completes BankFinancial Acquisition

BFIN

M&A

Delisting/Listing Issues

First Financial Bancorp completed its acquisition of BankFinancial on January 1, 2026, in a transaction valued at approximately $142 million.
As a result of the merger, BankFinancial's stock was delisted from the NASDAQ Global Select Market, and its SEC reporting will be terminated.
The acquisition involved the conversion of each BankFinancial share into 0.48 First Financial shares.
This deal adds 18 Chicago-area branches and core deposits to First Financial, boosting its assets to roughly $22 billion.

Dec 31, 2025, 10:20 PM

BankFinancial Corporation Provides Merger Update and Supplemental Disclosures Amid Shareholder Lawsuits

BFIN

M&A

Legal Proceedings

Guidance Update

BankFinancial Corporation is proceeding with its merger into First Financial Bancorp., an agreement initially reported on August 11, 2025.
The company is facing legal challenges from purported stockholders who filed lawsuits and sent demand letters between October 3, 2025, and December 5, 2025, alleging false and misleading proxy statements related to the merger.
In response to these legal actions, BankFinancial is providing supplemental disclosures to its proxy statement/prospectus to address the claims and avoid potential delays or litigation costs, while explicitly denying any wrongdoing.
The merger is anticipated to be marginally accretive to First Financial's estimated 2026 EPS by 0.8% and 2027 EPS by approximately 2%, and roughly neutral dilutive to First Financial's estimated tangible book value per share at closing by 0.1%.

Dec 5, 2025, 6:58 PM

BankFinancial Corporation Reports Q3 2025 Results

BFIN

Earnings

BankFinancial Corporation reported net income of $2,359 thousand for the third quarter ended September 30, 2025.
Basic and diluted earnings per common share for Q3 2025 were $0.19.
As of September 30, 2025, total assets were $1,454,538 thousand and total liabilities were $1,297,183 thousand.
Key performance metrics for Q3 2025 included a return on assets of 0.65% and a return on equity of 6.01%.