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BankFinancial (BankFinancial) Asset Turnover : 0.01 (As of Dec. 2023)


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What is BankFinancial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BankFinancial's Revenue for the three months ended in Dec. 2023 was $14.06 Mil. BankFinancial's Total Assets for the quarter that ended in Dec. 2023 was $1,496.42 Mil. Therefore, BankFinancial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. BankFinancial's annualized ROE % for the quarter that ended in Dec. 2023 was 5.38%. It is also linked to ROA % through Du Pont Formula. BankFinancial's annualized ROA % for the quarter that ended in Dec. 2023 was 0.56%.


BankFinancial Asset Turnover Historical Data

The historical data trend for BankFinancial's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BankFinancial Asset Turnover Chart

BankFinancial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.03 0.04 0.04

BankFinancial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of BankFinancial's Asset Turnover

For the Banks - Regional subindustry, BankFinancial's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BankFinancial's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankFinancial's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BankFinancial's Asset Turnover falls into.



BankFinancial Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

BankFinancial's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=56.237/( (1575.442+1487.384)/ 2 )
=56.237/1531.413
=0.04

BankFinancial's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=14.057/( (1505.454+1487.384)/ 2 )
=14.057/1496.419
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


BankFinancial  (NAS:BFIN) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

BankFinancial's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=8.316/154.569
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.316 / 56.228)*(56.228 / 1496.419)*(1496.419/ 154.569)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.79 %*0.0376*9.6812
=ROA %*Equity Multiplier
=0.56 %*9.6812
=5.38 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

BankFinancial's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=8.316/1496.419
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.316 / 56.228)*(56.228 / 1496.419)
=Net Margin %*Asset Turnover
=14.79 %*0.0376
=0.56 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


BankFinancial Asset Turnover Related Terms

Thank you for viewing the detailed overview of BankFinancial's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


BankFinancial (BankFinancial) Business Description

Traded in Other Exchanges
N/A
Address
60 North Frontage Road, Burr Ridge, IL, USA, 60527
BankFinancial Corp is the bank holding company of BankFinancial, F.S.B. The company is a full-service, national bank principally engaged in the business of commercial, family and personal banking. It offers customers a broad range of loan, deposit, trust and other financial products and services. The Bank offers customers a broad range of loan, deposit, trust and other financial products and services through all full-service banking offices located in Cook, DuPage, Lake and Will Counties, Illinois and through Internet Branch.
Executives
Aaron J O'connor other: Director - Affiliate 60 N FRONTAGE RD, STE 130, BURR RIDGE IL 60527
Debra Zukonik director 60 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Glen Wherfel other: Director of Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
John G Manos officer: Regional President - Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Thomas F Oneill director C/O HARMON & CRAVEN LLP, 488 MADISON AVE, NEW YORK NY 10022
John M Hausmann director 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
James J Brennan officer: EVP and Corporate Secretary 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Deutsch William J. Jr. officer: Leasing President - Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
F Morgan Gasior director, officer: Chairman, CEO & President 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Terry R Wells director 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Paul A Cloutier officer: EVP & Chief Financial Officer 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Patricia Smith officer: EVP 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Gregg T Adams officer: EVP of Affiliate 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
Joseph A Schudt director 15W060 NORTH FRONTAGE ROAD, BURR RIDGE IL 60527
John W Palmer director C/O SECURITY FINANCIAL BANCORP INC, 9321 WICKER AVE, ST JOHN IN 46373