AFBI - Affinity Bancshares, Inc. Stock Price, Fair Value and News

16.80USD-0.01 (-0.06%)Market Closed

Market Summary

USD16.80-0.01

Market Closed

-0.06%

AFBI Stock Price

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AFBI RSI Chart

AFBI Valuation

Market Cap

107.8M

Price/Earnings (Trailing)

16.72

Price/Sales (Trailing)

2.52

EV/EBITDA

1.59

Price/Free Cashflow

14.68

AFBI Price/Sales (Trailing)

AFBI Profitability

EBT Margin

19.65%

Return on Equity

5.31%

Return on Assets

0.76%

Free Cashflow Yield

6.81%

AFBI Fundamentals

AFBI Revenue

Revenue (TTM)

42.7M

Rev. Growth (Yr)

23.47%

Rev. Growth (Qtr)

0.55%

AFBI Earnings

Earnings (TTM)

6.4M

Earnings Growth (Yr)

-10.95%

Earnings Growth (Qtr)

-6.78%

Breaking Down AFBI Revenue

Last 7 days

-0.5%

Last 30 days

0.1%

Last 90 days

3.7%

Trailing 12 Months

18.7%

How does AFBI drawdown profile look like?

AFBI Financial Health

AFBI Investor Care

Buy Backs (1Y)

2.28%

Diluted EPS (TTM)

0.98

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	34.6M	37.8M	40.6M	42.7M
2022	30.5M	29.9M	30.5M	32.1M
2021	33.2M	34.1M	33.1M	32.5M
2020	18.9M	22.8M	26.7M	30.6M
2019	0	0	0	15.0M
2018	0	0	0	11.6M

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Tracking the Latest Insider Buys and Sells of Affinity Bancshares, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 20, 2023	roberts howard g	bought	5,792	14.48	400	-
Nov 16, 2023	ginn marshall l.	acquired	-	-	1,000	-
Nov 16, 2023	fortson william d. jr.	acquired	-	-	1,000	-
Nov 16, 2023	richardson bob w.	acquired	-	-	1,000	-
Nov 16, 2023	stone edward p.	acquired	-	-	1,000	-
Nov 16, 2023	pajot brandi c	acquired	-	-	5,000	svp - chief financial officer
Nov 16, 2023	nelson clark	acquired	-	-	7,000	evp and cco
Nov 16, 2023	roberts howard g	acquired	-	-	1,000	-
Nov 16, 2023	galazka elizabeth	acquired	-	-	3,000	evp-lending
Nov 16, 2023	reich robin s	acquired	-	-	1,000	-

Which funds bought or sold AFBI recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 26, 2024	SALZHAUER MICHAEL	new	-	208,133	208,133	0.16%
Apr 15, 2024	Objectivity Squared, LLC	reduced	-2.18	-6,181	440,979	0.39%
Mar 11, 2024	VANGUARD GROUP INC	added	0.36	71,323	924,056	-%
Feb 15, 2024	Farther Finance Advisors, LLC	reduced	-10.39	-7,616	227,205	0.02%
Feb 14, 2024	MALTESE CAPITAL MANAGEMENT LLC	unchanged	-	9,440	127,760	0.04%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-2,085	-	-%
Feb 14, 2024	Fourthstone LLC	unchanged	-	17,907	242,345	0.05%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-24.00	-43,854	169,149	-%
Feb 14, 2024	RAFFLES ASSOCIATES LP	unchanged	-	296,841	4,017,410	5.08%

Are Funds Buying or Selling AFBI?

Are funds buying AFBI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AFBI

No. of Funds

Unveiling Affinity Bancshares, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	7.5%	479,936	SC 13G/A
Feb 14, 2024	alliancebernstein l.p.	7.5%	479,936	SC 13G/A
Feb 12, 2024	lehman kenneth r	12.7%	817,322	SC 13G
Jan 25, 2024	affinity bancshares, inc.	8.6%	551,483	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	6.3%	420,116	SC 13G
Feb 13, 2023	alliancebernstein l.p.	6.3%	420,116	SC 13G
Jan 31, 2023	affinity bancshares, inc.	8.43%	556,607	SC 13G/A
Feb 11, 2022	affinity bancshares, inc.	8.12%	558,253	SC 13G
Feb 08, 2022	lehman kenneth r	11.1%	759,633	SC 13G/A
Feb 08, 2022	lehman kenneth r	11.1%	759,633	SC 13G/A

Recent SEC filings of Affinity Bancshares, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	8-K	Current Report
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	ARS	ARS
Mar 21, 2024	10-K	Annual Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 12, 2024	SC 13G	Major Ownership Report
Feb 01, 2024	8-K	Current Report
Jan 25, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Affinity Bancshares, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.4B	174.7B	-3.62%	40.95%	10.93	3.15	53.11%	19.83%
BAC	288.3B	127.4B	-1.15%	32.34%	11.52	2.26	44.27%	-12.56%
WFC	208.6B	85.8B	4.32%	56.01%	11.11	2.43	35.02%	26.14%
C	117.6B	133.3B	-2.05%	34.77%	12.75	0.88	79.09%	-
CFG	16.1B	10.2B	-0.14%	33.45%	9.98	1.57	44.53%	-22.43%
KEY	14.0B	8.1B	-2.62%	55.93%	16.03	1.72	32.15%	-50.93%
MID-CAP
CMA	6.9B	4.2B	-3.21%	45.81%	9.9	1.62	34.68%	-45.96%
ZION	6.3B	3.9B	0.71%	88.53%	9.31	1.6	45.91%	-25.03%
ABCB	3.4B	1.3B	3.97%	58.26%	12.49	2.62	43.24%	-22.35%
ASB	3.3B	1.8B	5.09%	36.86%	20.51	1.79	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	391.4M	152.4M	-5.49%	44.45%	39.37	2.57	16.94%	-73.84%
AROW	387.7M	162.6M	-2.25%	14.75%	12.89	2.38	25.39%	-38.37%
ACNB	284.2M	96.6M	-5.09%	17.23%	8.97	2.94	11.02%	-11.37%
ASRV	42.0M	60.9M	2.51%	-13.74%	-12.56	0.69	24.06%	-144.92%

Affinity Bancshares, Inc. News

Latest updates

Affinity Bancshares, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Revenue	0.6%	11,085	11,024	10,863	9,728	8,978	8,224	7,653	7,279	7,366	7,622	8,217	9,248	8,009	8,671	7,255	6,698	-	-
EBITDA Margin	-8.5%	0.85*	0.93*	1.03*	1.14*	1.23*	1.24*	1.23*	1.24*	1.23*	1.25*	1.21*	1.13*	0.97*	0.52*	0.61*	-	-	-
Interest Expenses	-2.8%	6,707	6,901	6,693	6,898	7,337	7,526	7,141	7,751	6,664	6,861	7,410	8,341	6,957	7,251	5,707	5,227	-	-
Income Taxes	-17.4%	415	502	497	527	513	581	552	547	442	575	725	596	469	575	291	-543	-	-
Earnings Before Taxes	-9.3%	1,928	2,125	2,087	2,249	2,212	2,442	2,335	2,338	1,760	2,380	3,043	2,728	1,906	2,445	1,370	-1,841	-	-
EBT Margin	-8.1%	0.20*	0.21*	0.24*	0.27*	0.29*	0.29*	0.29*	0.31*	0.31*	0.30*	0.30*	0.25*	0.13*	0.01*	0.01*	-	-	-
Net Income	-6.8%	1,513	1,623	1,590	1,722	1,699	1,861	1,783	1,791	1,318	1,805	2,318	2,132	1,438	1,870	1,079	-1,298	-	-
Net Income Margin	-7.6%	0.15*	0.16*	0.18*	0.20*	0.22*	0.22*	0.22*	0.24*	0.23*	0.23*	0.23*	0.20*	0.10*	0.01*	0.02*	-	-	-
Free Cashflow	-1.7%	1,634	1,662	2,197	1,851	-1,110	2,100	1,657	3,528	-1,555	326	3,774	8,476	1,585	2,306	-9.00	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																		(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	-1.4%	843	855	877	932	791	776	767	760	788	790	787	797	851	718	585	452	319	287
Cash Equivalents	-18.7%	50.00	62.00	83.00	137	26.00	41.00	55.00	70.00	112	131	116	101	178	-	-	-	48.00	-
Net PPE	-1.9%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	7.00	7.00	8.00	9.00	-	-	-	9.00	1.00
Liabilities	-2.1%	722	737	759	814	674	661	651	644	667	670	669	682	770	638	506	374	242	257
Shareholder's Equity	2.6%	122	118	118	118	117	115	115	116	121	120	118	115	81.00	79.00	77.00	76.00	77.00	76.00
Retained Earnings	2.2%	71.00	70.00	68.00	67.00	65.00	64.00	62.00	60.00	58.00	57.00	55.00	53.00	51.00	-	-	-	48.00	-9.81
Additional Paid-In Capital	0.1%	61.00	61.00	61.00	63.00	63.00	63.00	63.00	64.00	68.00	68.00	68.00	68.00	34.00	-	-	-	33.00	-
Shares Outstanding	0.2%	6.00	6.00	6.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	-	-	-	8.00	-
Float	-	-	-	63.00	-	-	-	84.00	-	-	-	89.00	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																		(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	4.6%	2.00	2.00	2.00	2.00	-0.65	2.00	2.00	4.00	-1.30	1.00	4.00	9.00	2.00	2.00	0.00	-2.86	-	-
Cashflow From Investing	301.0%	2.00	-0.79	0.00	-29.21	-26.30	-26.57	-23.75	-17.09	-17.40	11.00	24.00	-27.12	33.00	5.00	-115	-33.31	-	-
Cashflow From Financing	33.3%	-14.89	-22.32	-56.60	138	13.00	9.00	7.00	-28.69	-0.43	3.00	-13.22	-58.40	-36.59	-22.31	262	36.00	-	-
Buy Backs	-13.4%	0.00	0.00	2.00	1.00	0.00	1.00	1.00	4.00	-	-	-	-	-	-	-	-	-	-

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AFBI Income Statement

2023-12-31

Consolidated Statements of Income - USD ($)	12 Months Ended
Consolidated Statements of Income - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Interest income:
Loans, including fees	$ 35,422,000	$ 30,045,000
Investment securities	4,042,000	1,318,000
Interest-earning deposits	3,236,000	771,000
Total interest income	42,700,000	32,134,000
Interest expense:
Deposits	14,093,000	3,233,000
FHLB advances and other borrowings	1,409,000	(854,000)
Total interest expense	15,502,000	2,379,000
Net interest income before provision for credit losses	27,198,000	29,755,000
Provision/(recovery) for credit losses	(42,000)	704,000
Net interest income after provision for credit losses	27,240,000	29,051,000
Noninterest income:
Service charges on deposit accounts	1,620,000	1,611,000
Other	846,000	791,000
Total noninterest income	2,466,000	2,402,000
Noninterest expenses:
Salaries and employee benefits	12,252,000	12,221,000
Occupancy	2,503,000	2,523,000
Data processing	2,025,000	1,947,000
FHLB prepayment penalties		647,000
Other	4,538,000	4,788,000
Total noninterest expenses	21,318,000	22,126,000
Income before income taxes	8,388,000	9,327,000
Income tax expense	1,940,000	2,193,000
Net income	$ 6,448,000	$ 7,134,000
Weighted average common shares outstanding
Basic	6,476,767	6,669,389
Diluted	6,557,053	6,761,771
Basic earnings per share	$ 1	$ 1.07
Diluted earnings per share	$ 0.98	$ 1.06

AFBI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 6,030	$ 2,928
Interest-earning deposits in other depository institutions	43,995	23,396
Cash and cash equivalents	50,025	26,324
Investment securities available-for-sale	48,561	46,200
Investment securities held-to-maturity (estimated fair value of $33,835, net of allowance for credit losses of $45 at December 31, 2023 and estimated fair value of $26,251 at December 31, 2022)	34,206	26,527
Other investments	5,434	1,082
Loans	659,876	646,234
Less allowance for credit losses	(8,921)	(9,325)
Total loans, net	650,955	636,909
Other real estate owned	2,850	2,901
Premises and equipment, net	3,797	4,257
Bank owned life insurance	16,086	15,724
Intangible assets	18,366	18,558
Other assets	12,978	12,801
Total assets	843,258	791,283
Liabilities :
Noninterest-bearing checking	154,689	190,297
Interest-bearing checking	85,362	91,167
Money market accounts	138,673	148,097
Savings accounts	74,768	101,622
Certificate of deposit	220,951	125,989
Total deposits	674,443	657,172
Federal Home Loan Bank advances and other borrowings	40,000	10,025
Accrued interest payable and other liabilities	7,299	6,983
Total liabilities	721,742	674,180
Stockholders' equity:
Common stock (par value $0.01 per share, 40,000,000 shares authorized; 6,416,628 issued and outstanding at December 31, 2023 and 6,605,384 issued and outstanding at December 31, 2022)	64	66
Preferred stock (10,000,000 shares authorized, no shares outstanding)
Additional paid in capital	61,026	63,130
Unearned ESOP shares	(4,587)	(4,795)
Retained earnings	71,345	65,357
Accumulated other comprehensive loss	(6,332)	(6,655)
Total stockholders' equity	121,516	117,103
Total liabilities and stockholders' equity	$ 843,258	$ 791,283

About Affinity Bancshares, Inc.

Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that engages in the provision of various banking products and services in Georgia. The company accepts various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts. It also offers commercial real estate, commercial and industrial, one- to four-family residential real estate, construction and land, and consumer loans. In addition, the company invests in U.S. treasury securities; securities and obligations issued by the U.S. government and its agencies, or government sponsored enterprises, including mortgage-backed securities and collateralized mortgage obligations; corporate and municipal bonds; certificates of deposit in other financial institutions; and federal and money market funds. Further, it operates a virtual bank under the name FitnessBank, which accepts deposits and provides higher interest rates based on customers meeting certain fitness goals. The company was founded in 1928 and is headquartered in Covington, Georgia.

CEO	Mr. Edward J. Cooney CPA, CPA
WEBSITE	https://myaffinitybank.com
INDUSTRY	Banks Diversified
EMPLOYEES	89

Affinity Bancshares, Inc. Frequently Asked Questions

What is the ticker symbol for Affinity Bancshares, Inc.? What does AFBI stand for in stocks?

AFBI is the stock ticker symbol of Affinity Bancshares, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Affinity Bancshares, Inc. (AFBI)?

As of Thu May 02 2024, market cap of Affinity Bancshares, Inc. is 107.8 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AFBI stock?

You can check AFBI's fair value in chart for subscribers.

What is the fair value of AFBI stock?

You can check AFBI's fair value in chart for subscribers. The fair value of Affinity Bancshares, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Affinity Bancshares, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AFBI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Affinity Bancshares, Inc. a good stock to buy?

The fair value guage provides a quick view whether AFBI is over valued or under valued. Whether Affinity Bancshares, Inc. is cheap or expensive depends on the assumptions which impact Affinity Bancshares, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AFBI.

What is Affinity Bancshares, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, AFBI's PE ratio (Price to Earnings) is 16.72 and Price to Sales (PS) ratio is 2.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AFBI PE ratio will change depending on the future growth rate expectations of investors.