SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): May 15, 2006

                            BANKFINANCIAL CORPORATION
                            -------------------------
               (Exact Name of Registrant as Specified in Charter)

         Maryland                       0-51331                 75-3199276
  ---------------------------      -------------------      -------------------
(State or Other Jurisdiction)     (Commission File No.)      I.R.S. Employer
      of Incorporation)                                     Identification No.)


15W060 North Frontage Road, Burr Ridge, Illinois                  60527
------------------------------------------------                --------
(Address of Principal Executive Offices)                       (Zip Code)

Registrant's telephone number, including area code:  (630) 242-7700
                                                     --------------


                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))





Item 8.01.    Other Events.

     On May 15, 2006, the Company issued a press release reporting  earnings for
the three  months  ended  March 31,  2006 and  announced  the  filing of a First
Quarter  2006  Financial  Review.  The  press  release  and First  Quarter  2006
Financial Review are included as Exhibits 99.1 and 99.2 to this report.

     The  information in the preceding  paragraph,  as well as Exhibits 99.1 and
99.2, is considered to be "furnished" under the Securities Exchange Act of 1934,
and shall not be deemed  "filed" for  purposes  of Section 18 of the  Securities
Exchange Act of 1934,  nor shall it be deemed  incorporated  by reference in any
filing under the Securities Act of 1933.

Item 9.01.    Financial Statements and Exhibits.

         (a)  Not Applicable.

         (b)  Not Applicable.

         (c)  Exhibits.

         Exhibit No.                        Description
         -----------                        -----------
         99.1                     Press Release dated May 15, 2006
         99.2                     First Quarter 2006 Financial Review






                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.

                                       BANKFINANCIAL CORPORATION



Date: May 15, 2006                     By: /s/ F. Morgan Gasior
                                           ------------------------------------
                                           F. Morgan Gasior
                                           Chairman of the Board and
                                             Chief Executive Officer