STOCK TITAN
  1. Home
  2. News
  3. AFBI

Affinity Bancshares Inc - AFBI STOCK NEWS

Welcome to our dedicated news page for Affinity Bancshares (Ticker: AFBI), a resource for investors and traders seeking the latest updates and insights on Affinity Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Affinity Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Affinity Bancshares's position in the market.

News
Affinity Bancshares, Inc. Announces First Quarter 2024 Financial Results
Rhea-AI Summary
<p>Affinity Bancshares, Inc. reported net income of $1.3 million for the first quarter of 2024, down from $1.7 million in the same period last year. Despite a decrease in net income, the company experienced growth in total assets and loans, reflecting steady loan demand and an increase in deposits. The company's non-performing loans decreased, and it maintained a strong allowance for credit losses. Affinity Bancshares, Inc. continues to focus on enhancing liquidity and evaluating borrowing needs to support its financial stability.</p>
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News
Affinity Bancshares, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Affinity Bancshares, Inc. (NASDAQ: AFBI) reported a net income of $1.5 million for the three months ended December 31, 2023, compared to $1.7 million for the same period in 2022. The company's total assets increased to $843.3 million, and total gross loans increased to $659.9 million. However, non-performing loans also increased to $7.4 million. The efficiency ratio stood at 74.30% for the three months ended December 31, 2023, reflecting a decrease in net interest margin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
earnings
-
News
Affinity Bancshares, Inc. Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Affinity Bancshares reports net income of $1.6 million for Q3 2023, compared to $1.9 million in Q3 2022. Total assets increased to $855.4 million. Net interest margin decreased to 3.36% from 4.12% in Q3 2022. Non-interest expense decreased to $5.4 million. Non-performing loans increased to $7.6 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
earnings
News
Affinity Bancshares, Inc. Announces Second Quarter 2023 Financial Results
Rhea-AI Summary
Affinity Bancshares reports net income of $1.6 million for Q2 2023, compared to $1.8 million in Q2 2022. Net interest income decreases, while non-interest income remains stable. Total assets increase to $876.9 million. Deposits increase by $73.9 million. Non-performing loans decrease to $6.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
earnings
-
News
Affinity Bancshares, Inc. Announces First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
earnings
-
News
Affinity Bancshares, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News
Affinity Bancshares, Inc. Adopts Second Stock Repurchase Program
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
buyback
-
News
Affinity Bancshares, Inc. Announces Third Quarter 2022 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
earnings
-
News
Affinity Bancshares, Inc. Announces Second Quarter 2022 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News
Affinity Bancshares, Inc. Announces First Quarter 2022 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
Stock AFBI logo
Affinity Bancshares Inc

Nasdaq:AFBI

AFBI Rankings

#4203 Ranked by Market Cap
#2137 Ranked by Stock Gains
N/A Ranked by Dividends

AFBI Stock Data

105.88M
4.49M
28.71%
17.93%
0.05%
Commercial Banking
Finance and Insurance
Link
US
New Iberia

About AFBI

going to the bank to make a deposit today is about as practical as driving to one of the few remaining phone booths to make a phone call. with the advent of the cell phone, such a thought seems ridiculous. with the advent of advanced technology to deposit your checks from your home or business scanner, the thought of fighting through traffic to stand in line at the bank is equally ridiculous. traditionally, people have had a choice of banking with an internet bank that delivers a high level of convenient technology or a community bank that understands the meaning of relationship. affinity bank brings the best of both worlds together, saving our clients time through our technology-driven operating platform while providing the highest level of personal service. let us show you how to kick up your feet and bank from the comfort of your own home or office. that is, of course, unless you're one of the few people that enjoy driving to the nearest phone booth.