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BankFinancial rises on $142 million buyout deal from First Financial

ReutersAug 12, 2025 3:03 PM

** Chicago-based BankFinancial's BFIN.O shares rise 5.4% to $11.47

** Bigger peer First Financial Bancorp FFBC.O will buy BFIN in a $142 million all-stock deal

** BankFinancial's stockholders will receive 0.48 share of FFBC for each BFIN share held, valuing the bank's stock at $11.34 apiece

** The deal, which is expected to close in the fourth quarter of 2025, is at a premium of more than 4% to BFIN's last close

** FFBC shares up 2% at $24.13

** Two brokerages covering BFIN rate it "hold"; median PT $11.75 - data compiled by LSEG

** As of last close, BFIN stock down 14.3% YTD

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