BankFinancial Corporation Reports Financial Results for the First Quarter 2024
For the quarter ended March 31, 2024, cash and cash equivalent assets were 9% of total assets, compared to 12% of total assets at December 31, 2023.
- For the quarter ended March 31, 2024, cash and cash equivalent assets were 9% of total assets, compared to 12% of total assets at December 31, 2023.
- Past due trends improved, and nonperforming asset resolution activity continued to accelerate during the first quarter of 2024.
- The Company repurchased 15,203 common shares during the quarter ended March 31, 2024, at a total cost of $156,000.
- For the second half of 2024, we expect our net interest margin to increase between 2% and 4% each quarter.