Affinity Bancshares (NASDAQ:AFBI) Announces Quarterly Earnings Results

Affinity Bancshares (NASDAQ:AFBI) announced its earnings results on Friday. The company reported $0.28 earnings per share (EPS) for the quarter, Zacks reports. Affinity Bancshares had a return on equity of 4.65% and a net margin of 10.88%. The firm had revenue of $7.82 million during the quarter.

Affinity Bancshares Stock Up 0.1 %

NASDAQ:AFBI opened at $18.48 on Friday. Affinity Bancshares has a 1-year low of $16.65 and a 1-year high of $22.50. The company has a market capitalization of $116.98 million, a PE ratio of 22.54 and a beta of 0.33. The firm’s 50-day moving average price is $18.21 and its 200-day moving average price is $19.37. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.07 and a quick ratio of 1.07.

Affinity Bancshares Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, March 13th.

About Affinity Bancshares

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, 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.