Northern Trust Corp Buys 5,283 Shares of Affinity Bancshares, Inc. (NASDAQ:AFBI)

Northern Trust Corp increased its stake in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) by 52.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 15,345 shares of the company’s stock after purchasing an additional 5,283 shares during the quarter. Northern Trust Corp owned 0.24% of Affinity Bancshares worth $269,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in shares of Affinity Bancshares during the 3rd quarter valued at approximately $59,000. Skandinaviska Enskilda Banken AB publ increased its position in shares of Affinity Bancshares by 80.8% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 28,315 shares of the company’s stock valued at $496,000 after purchasing an additional 12,656 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Affinity Bancshares by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 54,933 shares of the company’s stock valued at $966,000 after purchasing an additional 1,684 shares during the last quarter. Credit Industriel ET Commercial bought a new position in shares of Affinity Bancshares during the 4th quarter valued at approximately $1,193,000. Finally, Cigogne Management SA bought a new position in shares of Affinity Bancshares during the 4th quarter valued at approximately $2,020,000. Institutional investors own 39.31% of the company’s stock.

Affinity Bancshares Price Performance

AFBI opened at $18.17 on Monday. The business has a fifty day moving average of $18.14 and a 200 day moving average of $19.04. The stock has a market cap of $114.76 million, a P/E ratio of 22.16 and a beta of 0.33. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.46. Affinity Bancshares, Inc. has a 52-week low of $17.00 and a 52-week high of $22.50.

Affinity Bancshares (NASDAQ:AFBI) last announced its quarterly earnings data on Friday, May 9th. The company reported $0.28 EPS for the quarter. The company had revenue of $7.82 million for the quarter. Affinity Bancshares had a return on equity of 4.65% and a net margin of 10.88%.

Affinity Bancshares Profile

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.