Developer docs
API playgroundTry for free, no card

Search company profiles

BankFinancial

Full company profile

uuid00061b1

Namestring
BankFinancial
Legal namestring
BankFinancial Corporation
Websiteurl
bankfinancial.com
Company typeenum
Private
Founded yearint
1924
Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersDowners Grove, United States
HQ citystring
Downers Grove
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community banking services, commercial lending products, retail deposit accounts, wealth management services, small business lending
Industry5 codes
1Mass-Market Consumer Deposit Banking (Checking/Savings)
CodeFSABAAAAPrimaryYes
2Retail Lending (Personal Loans, Auto, Credit Lines)
CodeFSABAAABPrimaryNo
3Credit Cards & Revolving Credit
CodeFSABAAACPrimaryNo
4Small Business Banking (Microbusiness/Sole Proprietor)
CodeFSABAAAIPrimaryNo
5SBA/Government-Backed & Development Finance Loans
CodeFSAKAGAIPrimaryNo
NAICS code2 codes
  • Commercial Banking52211
  • Depository Credit Intermediation5221
SIC code1 code
  • State Commercial Banks6022
Product category
Retail and Commercial Banking
Social media profiles1 record
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

BankFinancial was a Chicago-area community bank holding company that offered retail and commercial banking services, including personal checking and savings accounts, mortgages, home equity and auto loans, credit cards, business deposit accounts, commercial lending, equipment leasing, specialty lending (SBA, asset-based, ESOP, food/agribusiness), real estate lending, treasury/cash management, and wealth management through Yellow Cardinal Advisory Group. Following its January 1, 2026 all-stock acquisition by First Financial Bancorp (~$142 million), BankFinancial's operations, branches, and product offerings were consolidated into First Financial Bank, with full system conversion completed on June 8, 2026.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

First Financial Bank operates as a unified regional banking platform offering a comprehensive suite of financial products across personal banking, business banking, lending, wealth management, and treasury services. Following the June 2026 system conversion, BankFinancial's operations were fully integrated into First Financial's infrastructure, consolidating products, processes, and operating systems. The product portfolio includes personal checking and savings accounts with digital banking access via f1RSTNAVIGATOR, credit cards, mortgage and consumer lending, home equity products, and auto loans. Business offerings span everyday business accounts, specialty lending (SBA, equipment leasing, real estate, specialty lending), treasury management services, and employee benefit programs. Wealth management is delivered through Yellow Cardinal Advisory Group providing financial planning, investment solutions, retirement services, and brokerage. The institution also maintains a substantial community commitment through the First Financial Foundation.

Product and service1 record
1Personal Checking Accounts
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1First Financial Bancorp
TypeBroad incumbent
Description

Acquirer of BankFinancial and now parent operating entity. A ~$22B-asset Midwest regional bank offering a comparable suite of personal, business, lending, and wealth services; directly comparable as the consolidated platform into which BankFinancial was integrated.

2Wintrust Financial
TypeDirect peer
Description

Large Chicago-area community banking franchise with multiple community bank charters, specialty lending (equipment leasing, mortgage, wealth), and a similarly diversified product set. Operates in the same Chicago metro and competes directly for the same retail and SMB customers.

3Byline Bancorp
TypeDirect peer
Description

Chicago-headquartered community bank with comparable deposit-gathering branch network in the Chicago metro, small business and commercial lending focus, and similar customer mix. Closest direct competitor by geography and product set.

4Old Second Bancorp
TypeDirect peer
Description

Illinois-chartered community bank headquartered in Aurora, IL, with branches across the Chicago western suburbs and a similar mix of personal, business, and treasury banking services. Directly comparable Chicago-area competitor.

5Lakeland Financial Corporation
TypeBroad incumbent
Description

Indiana-based super-community bank offering commercial, retail, and treasury banking; comparable in scale, product breadth, and operating model to BankFinancial's community banking franchise.

6Stock Yards Bancorp
TypeBroad incumbent
Description

Kentucky-based super-community bank with personal, business, and wealth management services, plus commercial and specialty lending; comparable scale and operating philosophy to a Chicago community bank like BankFinancial.

7QCR Holdings
TypeBroad incumbent
Description

Multi-charter Midwest community banking holding company with similar mix of commercial, retail, and specialty lending across Illinois, Iowa, Wisconsin, and Missouri. Comparable in scale and community banking model.

8S&T Bancorp
TypeBroad incumbent
Description

Pennsylvania-based super-community bank providing commercial, consumer, and wealth services with a similar size profile and product breadth to BankFinancial. Comparable scale and operating model.

9Westamerica Bancorp
TypeBroad incumbent
Description

California-based community bank focused on relationship banking with a product set (deposits, commercial, consumer lending, treasury) similar to BankFinancial's; comparable by business model though geographically distinct.

10Old National Bancorp
TypeBroad incumbent
Description

Large Midwest regional bank that acquired First Midwest Bancorp, operating a comparable personal, business, and wealth platform across the Midwest including Illinois; directly comparable as a regional acquirer of Chicago-area community banks.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks1 record

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

BankFinancial

Retail and Commercial Bankingbankfinancial.com

BankFinancial firmographics

Firmographics
Name
BankFinancial
Legal name
BankFinancial Corporation
Website
https://bankfinancial.com
Company type
Private
Founded year
1924
Operating status
Acquired
Headcount range
101–250 employees
Ownership category
akta.pro rank

BankFinancial industry classification

Industry
Product category
Retail and Commercial Banking
NAICS
Commercial Banking (52211), Depository Credit Intermediation (5221)
SIC
State Commercial Banks (6022)
akta.pro primary industry
Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
akta.pro secondary industries
Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

  • Community banking services
  • Commercial lending products
  • Retail deposit accounts
  • Wealth management services
  • Small business lending

Where BankFinancial is headquartered

Location

Headquarters

HQ city
Downers Grove
HQ country
United States
HQ region
North America

Offices1 record

Markets served

BankFinancial business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Distribution channels1 record

BankFinancial product offering

Product offering

Core offering

BankFinancial was a Chicago-area community bank holding company that offered retail and commercial banking services, including personal checking and savings accounts, mortgages, home equity and auto loans, credit cards, business deposit accounts, commercial lending, equipment leasing, specialty lending (SBA, asset-based, ESOP, food/agribusiness), real estate lending, treasury/cash management, and wealth management through Yellow Cardinal Advisory Group. Following its January 1, 2026 all-stock acquisition by First Financial Bancorp (~$142 million), BankFinancial's operations, branches, and product offerings were consolidated into First Financial Bank, with full system conversion completed on June 8, 2026.

Product overview

First Financial Bank operates as a unified regional banking platform offering a comprehensive suite of financial products across personal banking, business banking, lending, wealth management, and treasury services. Following the June 2026 system conversion, BankFinancial's operations were fully integrated into First Financial's infrastructure, consolidating products, processes, and operating systems. The product portfolio includes personal checking and savings accounts with digital banking access via f1RSTNAVIGATOR, credit cards, mortgage and consumer lending, home equity products, and auto loans. Business offerings span everyday business accounts, specialty lending (SBA, equipment leasing, real estate, specialty lending), treasury management services, and employee benefit programs. Wealth management is delivered through Yellow Cardinal Advisory Group providing financial planning, investment solutions, retirement services, and brokerage. The institution also maintains a substantial community commitment through the First Financial Foundation.

Differentiator

Problem solved

Functional benefit

Products and services

  • Personal Checking Accounts

Companies that use BankFinancial

Customer profile

Segments1 record

Ideal customer profiles3 records

BankFinancial technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

BankFinancial partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

BankFinancial competitors and assessment

Company assessment

Broad incumbents

  • First Financial Bancorp: Acquirer of BankFinancial and now parent operating entity. A ~$22B-asset Midwest regional bank offering a comparable suite of personal, business, lending, and wealth services; directly comparable as the consolidated platform into which BankFinancial was integrated.
  • Lakeland Financial Corporation: Indiana-based super-community bank offering commercial, retail, and treasury banking; comparable in scale, product breadth, and operating model to BankFinancial's community banking franchise.
  • Stock Yards Bancorp: Kentucky-based super-community bank with personal, business, and wealth management services, plus commercial and specialty lending; comparable scale and operating philosophy to a Chicago community bank like BankFinancial.
  • QCR Holdings: Multi-charter Midwest community banking holding company with similar mix of commercial, retail, and specialty lending across Illinois, Iowa, Wisconsin, and Missouri. Comparable in scale and community banking model.
  • S&T Bancorp: Pennsylvania-based super-community bank providing commercial, consumer, and wealth services with a similar size profile and product breadth to BankFinancial. Comparable scale and operating model.
  • Westamerica Bancorp: California-based community bank focused on relationship banking with a product set (deposits, commercial, consumer lending, treasury) similar to BankFinancial's; comparable by business model though geographically distinct.
  • Old National Bancorp: Large Midwest regional bank that acquired First Midwest Bancorp, operating a comparable personal, business, and wealth platform across the Midwest including Illinois; directly comparable as a regional acquirer of Chicago-area community banks.

Direct peers

  • Wintrust Financial: Large Chicago-area community banking franchise with multiple community bank charters, specialty lending (equipment leasing, mortgage, wealth), and a similarly diversified product set. Operates in the same Chicago metro and competes directly for the same retail and SMB customers.
  • Byline Bancorp: Chicago-headquartered community bank with comparable deposit-gathering branch network in the Chicago metro, small business and commercial lending focus, and similar customer mix. Closest direct competitor by geography and product set.
  • Old Second Bancorp: Illinois-chartered community bank headquartered in Aurora, IL, with branches across the Chicago western suburbs and a similar mix of personal, business, and treasury banking services. Directly comparable Chicago-area competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights5 records

Customer concentration

BankFinancial social profiles

Digital presence

BankFinancial financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BankFinancial leadership team

Management profile

Number of profiles

BankFinancial funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BankFinancial M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BankFinancial

What does BankFinancial do?

BankFinancial was a Chicago-area community bank holding company that offered retail and commercial banking services, including personal checking and savings accounts, mortgages, home equity and auto loans, credit cards, business deposit accounts, commercial lending, equipment leasing, specialty lending (SBA, asset-based, ESOP, food/agribusiness), real estate lending, treasury/cash management, and wealth management through Yellow Cardinal Advisory Group. Following its January 1, 2026 all-stock acquisition by First Financial Bancorp (~$142 million), BankFinancial's operations, branches, and product offerings were consolidated into First Financial Bank, with full system conversion completed on June 8, 2026.

Is BankFinancial a public or private company?

BankFinancial is a private company. It is classified as corporate owned and is currently acquired.

When was BankFinancial founded?

BankFinancial was founded in 1924. It employs 101 to 250 people.

Where is BankFinancial based?

BankFinancial is headquartered in Downers Grove, United States, in the North America region.

Who are BankFinancial's main competitors?

Broad incumbents on record are First Financial Bancorp, Lakeland Financial Corporation, Stock Yards Bancorp, QCR Holdings, S&T Bancorp, Westamerica Bancorp and Old National Bancorp. Direct peers are Wintrust Financial, Byline Bancorp and Old Second Bancorp.

Does BankFinancial have an API?

No public API is recorded for BankFinancial.

What industry is BankFinancial in?

BankFinancial's product category is Retail and Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 52211 and its SIC code is 6022.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
PR NewswireFirst Financial Completes Conversion of BankFinancialFirst Financial Bank (Nasdaq: FFBC) has completed the conversion of BankFinancial's operating systems and rebranded all retail branches and ATMs as First Financial Bank in the Chicagoland area as of June 8, 2026. The conversion consolidated products, processes, and operating systems from both banks, enabling clients to access expanded services including mortgage lending, commercial banking, wealth management, and specialty banking. First Financial has also committed $1 million to the First Financial Foundation for organizations serving the Chicagoland community.American City Business JournalsFirst Financial completes BankFinancial rebranding in ChicagoFirst Financial completed the rebranding of BankFinancial branches in Chicago, including a Libertyville location. The acquired bank had 18 branches and $1.4 billion in assets. All retail branches and ATMs now carry the First Financial brand.American City Business JournalsFirst Financial completes BankFinancial rebranding in ChicagoFirst Financial completed the rebranding of BankFinancial's Chicago locations as First Financial Bank after its $148 million acquisition. The Chicago-based bank had $1.4 billion in assets and 18 branches. First Financial's Chicago-area retail presence expands its footprint in the region.The Republic NewsFirst Financial completes acquisition of Chicago-based BankFinancial CorporationFirst Financial Bancorp. completed its acquisition of Chicago-based BankFinancial Corporation through an all-stock transaction, expanding its presence in Chicago with 18 financial centers. The deal, which will be finalized with a conversion in June 2026, aims to enhance First Financial's offerings in the Midwest region.Investing.comBankFinancial completes merger with First Financial Bancorp, delists from Nasdaq By Investing.comBankFinancial has completed its merger with First Financial Bancorp, with BankFinancial absorbed as the surviving corporation effective Thursday under a merger agreement dated August 11, 2025. Each outstanding share of BankFinancial common stock was converted into 0.480 shares of First Financial Bancorp common stock, and BankFinancial's shares ceased trading on the NASDAQ Global Select Market following the transaction. The combined entity operates under First Financial Bancorp's articles of incorporation, while BankFinancial intends to terminate its SEC registration and reporting obligations.Investing.comBankFinancial completes merger with First Financial Bancorp, delists from Nasdaq By Investing.comBankFinancial completed its merger with First Financial Bancorp, resulting in BankFinancial being absorbed and ceasing trading on NASDAQ. The merger involved the exchange of shares and the reorganization of corporate governance, including amendments to employment agreements and dividend declarations.Retail Banker InternationalFirst Financial finalises all-stock acquisition of BankFinancialFirst Financial Bancorp has finalized its previously announced all-stock acquisition of Chicago-based BankFinancial for approximately $142 million, closing on January 1, 2026. The acquisition adds 18 financial centers in the Chicago area along with commercial loan, lease, and deposit business lines, bringing First Financial's total assets to $22 billion. BankFinancial locations will retain their name until system integration completes in June 2026, as part of First Financial's broader Midwest expansion strategy.MarketScreenerFirst Financial Bancorp Announces Closing of BankFinancial AcquisitionFirst Financial Bancorp announced the completion of its acquisition of BankFinancial. The acquisition is part of First Financial Bancorp's strategy to expand its banking services and regional presence.Lane ReportFirst Financial completes acquisition of Chicago-based BankFinanical Corp.First Financial has completed its acquisition of Chicago-based BankFinancial Corp., creating a combined entity with $22 billion in assets. The deal adds 18 financial centers to First Financial's footprint, expanding the bank's presence in the Chicago market and strengthening its commercial lending, lease, and deposit capabilities. BankFinancial will continue operating under its current name until a system conversion anticipated in June 2026.Pulse 2.0First Financial Bancorp To Close Acquisition Of BankFinancialFirst Financial Bancorp announced it will close its previously announced all-stock acquisition of Chicago-based BankFinancial Corporation on January 1, 2026, entering the retail consumer banking market in Chicago for the first time. The transaction will add BankFinancial's core deposit franchise and 18 financial centers, expanding First Financial's total assets to approximately $22 billion. BankFinancial locations will continue operating under the "BankFinancial" name until systems and product conversion is completed in June 2026.