Affinity Bancshares, Inc. (AFBI)
Affinity Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Covington, GA, US. The stock last traded at $23.00, up 0.00% on the session, giving a market capitalisation of $140.2M. On trailing twelve-month figures it carries a trailing P/E of 16.31, a net margin of 16.7%. Its beta of -0.04 implies it has historically moved less than the broad market.
Affinity Bancshares, Inc. operates as the holding company for Affinity Bank, National Association that provides various banking products and services in the United States. The company offers deposit products, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards. It also provides commercial and industrial, commercial real estate, residential mortgage, construction and land, consumer, balloon, and adjustable-rate loans. In addition, the company invests in U.S. treasury securities; securities 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 FitnessBank, a virtual bank 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.
Affinity Bancshares, Inc. is most often compared with the following Financial Services names: