Skandinaviska Enskilda Banken AB publ Buys 12,656 Shares of Affinity Bancshares, Inc. (NASDAQ:AFBI)

Skandinaviska Enskilda Banken AB publ increased its stake in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) by 80.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,315 shares of the company’s stock after buying an additional 12,656 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.44% of Affinity Bancshares worth $496,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AFBI. Barclays PLC bought a new position in shares of Affinity Bancshares during the third quarter valued at $39,000. JPMorgan Chase & Co. acquired a new stake in shares of Affinity Bancshares during the 3rd quarter worth about $59,000. Walleye Capital LLC lifted its holdings in Affinity Bancshares by 13.1% during the 3rd quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock valued at $463,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Affinity Bancshares by 21.9% in the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock valued at $1,093,000 after buying an additional 9,168 shares in the last quarter. Institutional investors and hedge funds own 39.31% of the company’s stock.

Affinity Bancshares Stock Performance

NASDAQ AFBI opened at $17.80 on Tuesday. Affinity Bancshares, Inc. has a 1-year low of $14.93 and a 1-year high of $22.50. The company has a 50 day moving average of $18.54 and a 200-day moving average of $20.33. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.46. The firm has a market cap of $114.13 million, a price-to-earnings ratio of 21.71 and a beta of 0.52.

Affinity Bancshares (NASDAQ:AFBI) last released its quarterly earnings results on Friday, January 31st. The company reported $0.26 EPS for the quarter. Affinity Bancshares had a return on equity of 4.65% and a net margin of 10.88%.

Affinity Bancshares Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a $1.50 dividend. The ex-dividend date of this dividend is Thursday, March 13th.

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.