<div id="readability-page-1"><p>Affinity Bancshares (NASDAQ:AFBI - Get Free Report) issued its earnings results on Friday. The company reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. Affinity Bancshares had a return on equity of 7.25% and a net margin of 15.74%.The company had revenue of $8.12 million for the quarter.</p><div><p><span></span><span>Get <strong>Affinity Bancshares</strong> alerts:</span></p></div><h2>Affinity Bancshares Stock Performance</h2><p>Affinity Bancshares stock remained flat at $22.41 during trading on Friday. The company had a trading volume of 46,098 shares, compared to its average volume of 14,960. The company has a market capitalization of $136.48 million, a P/E ratio of 17.37 and a beta of 0.15. The firm has a 50 day simple moving average of $20.68 and a 200 day simple moving average of $20.17. Affinity Bancshares has a 1-year low of $17.75 and a 1-year high of $22.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12. </p><h2>Analyst Ratings Changes</h2><p>Separately, Weiss Ratings upgraded shares of Affinity Bancshares from a &#34;hold (c)&#34; rating to a &#34;buy (b)&#34; rating in a report on Wednesday, April 15th. One analyst  has rated the stock with a Buy rating,  According to data from MarketBeat, the stock  has an average rating of &#34;Buy&#34;.</p><p><b>Check Out Our Latest Stock Analysis on Affinity Bancshares</b></p><h2>Hedge Funds Weigh In On Affinity Bancshares</h2><p>A number of hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of  Affinity Bancshares in the first quarter valued at about $251,000.  Alliancebernstein L.P. boosted its holdings in  Affinity Bancshares by 49.2% during the third quarter. Alliancebernstein L.P. now owns 546,552 shares of the company's stock worth $10,778,000 after purchasing an additional 180,121 shares during the last quarter.  Beartown Capital Management LLC purchased a new position in  Affinity Bancshares during the fourth quarter worth about $623,000.  Susquehanna International Group LLP grew its position in  Affinity Bancshares by 17.9% in the 3rd quarter. Susquehanna International Group LLP now owns 25,346 shares of the company's stock worth $500,000 after purchasing an additional 3,850 shares in the last quarter.  Finally, Salzhauer Michael purchased a new stake in  Affinity Bancshares in the 2nd quarter valued at about $276,000. 39.31% of the stock is owned by hedge funds and other institutional investors. </p><p>Affinity Bancshares declared that its Board of Directors has initiated a stock buyback plan on Wednesday, January 7th that authorizes the company to buyback $300,000.00 in  outstanding  shares. This buyback authorization authorizes the company to reacquire up to 0.2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued. </p><h2>Affinity Bancshares Company Profile</h2> (Get Free Report)<p>Affinity Bancshares, Inc is a bank holding company whose primary subsidiary, Affinity Bank, offers a full range of financial products and services to individuals and businesses. Founded to serve the evolving banking needs of its communities, the company provides demand, savings and time deposit accounts, along with treasury management and online banking capabilities. It caters to retail and commercial clients seeking deposit, cash management and payment solutions.  </p><p>On the lending side, Affinity Bank extends credit through commercial real estate loans, small business administration loans and traditional commercial lines of credit.</p><h2>Read More</h2><ul><li>Five stocks we like better than Affinity Bancshares</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUZCSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUZCSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Affinity Bancshares Right Now?</h2><p>Before you consider Affinity Bancshares, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Affinity Bancshares wasn't on the list.</p><p>While Affinity Bancshares currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AFBI

<p>Affinity Bancshares (NASDAQ:AFBI) reported earnings of $0.36 per share for the quarter, with a return on equity of 7.25% and a net margin of 15.74%. The company generated $8.12 million in revenue. The stock remained flat at $22.41, with a market cap of $136.48 million. Weiss Ratings upgraded the stock from "hold" to "buy". Hedge funds own 39.31% of the shares, and the company has initiated a $300,000 stock buyback plan, indicating confidence in its valuation.</p>

Affinity Bancshares (NASDAQ:AFBI) Issues Earnings Results