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AFBI

Affinity Bancshares, Inc.

AFBI

Affinity Bancshares, Inc. • NASDAQ
$19.32 ▼ -2.18% (-0.43)
Market Cap $122.62 M
52w High $22.50
52w Low $17.00
Dividend Yield 1.50%
P/E 16.51
Volume 7.25K
Outstanding Shares 6.35M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $11.899M ▼ $6.718M ▲ $2.218M ▲ 18.64% ▲ $0.35 ▲ $3.145M ▲
Q2-2025 $13.363M ▲ $5.467M ▲ $2.152M ▲ 16.104% ▲ $0.34 ▲ $3.014M ▲
Q1-2025 $12.586M ▲ $5.359M ▼ $1.831M ▲ 14.548% ▲ $0.29 ▲ $2.602M ▲
Q4-2024 $12.387M ▼ $5.768M ▲ $1.345M ▼ 10.858% ▼ $0.21 ▼ $1.826M ▼
Q3-2024 $12.868M $5.704M $1.73M 13.444% $0.27 $2.447M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $50.76M ▲ $925.221M ▼ $799.816M ▼ $125.405M ▲
Q2-2025 $46.615M ▼ $933.799M ▲ $809.699M ▲ $124.1M ▲
Q1-2025 $74.704M ▲ $912.496M ▲ $790.217M ▲ $122.279M ▼
Q4-2024 $41.425M ▼ $866.817M ▼ $737.702M ▼ $129.115M ▲
Q3-2024 $100.699M $878.561M $750.185M $128.376M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.218M ▲ $3.687M ▼ $3.398M ▲ $-11.906M ▼ $-4.821M ▼ $3.947M ▲
Q2-2025 $2.152M ▲ $3.775M ▲ $-6.893M ▲ $18.079M ▼ $14.962M ▼ $3.66M ▲
Q1-2025 $1.831M ▲ $1.917M ▲ $-10.71M ▼ $42.073M ▲ $33.279M ▲ $1.772M ▲
Q4-2024 $1.345M ▼ $865K ▼ $-1.451M ▲ $-10.289M ▼ $-10.874M ▼ $842K ▼
Q3-2024 $1.73M $4.09M $-3.224M $1.036M $1.902M $3.953M

Five-Year Company Overview

Income Statement

Income Statement Affinity Bancshares shows a fairly steady income profile: revenue and profits have been consistent over the last several years with only small year‑to‑year swings. Earnings per share improved meaningfully coming out of 2020, then eased back slightly more recently, suggesting some pressure on profitability but not a breakdown. Overall, this looks like a bank focused on stable, incremental performance rather than rapid growth, with decent cost control and resilient margins for its size.

Balance Sheet

Balance Sheet The balance sheet looks conservative for a small regional bank. Total assets have inched higher over time, funded by a growing equity base and a manageable level of debt. Cash levels are lower than during the crisis period a few years ago but appear more normalized now, implying the bank has shifted excess liquidity into loans or securities. Overall, leverage seems reasonable, with no obvious signs of balance sheet stress in the recent data.

Cash Flow

Cash Flow Cash generation is steady and broadly in line with reported earnings, which supports the quality of the profit figures. Operating cash flow and free cash flow have both been consistently positive, and capital spending needs appear light. This pattern suggests the business does not require heavy reinvestment to maintain operations, leaving flexibility for capital management, risk buffers, or selective growth initiatives.

Competitive Edge

Competitive Edge Affinity competes as a community‑focused bank with an added twist: the FitnessBank digital brand and reward‑style products like Kasasa checking. This mix of local relationship banking in Georgia and a niche national digital offering helps diversify its deposit base beyond a single geography. The personalized, high‑touch service model remains a key differentiator versus larger, impersonal banks, while the fitness‑linked savings concept gives it a distinct identity among smaller peers. The main competitive risk is that larger banks or fintechs could imitate its digital features at scale, so continued execution and customer loyalty are critical.

Innovation and R&D

Innovation and R&D For a community bank, Affinity is relatively innovative, especially with FitnessBank tying customers’ physical activity to financial rewards via a mobile app. Its willingness to partner with fintech providers (such as Kasasa) rather than build everything in‑house helps it offer modern products without excessive cost or risk. Future value from innovation will depend on how well it deepens the FitnessBank ecosystem, maintains technology quality and security, and selectively adds new features or partnerships that actually resonate with its target customers rather than chasing trends.

Summary

Affinity Bancshares appears to be a steady, modestly growing community bank with a somewhat unusual digital angle. Financially, it has consistent earnings, a conservative balance sheet, and reliable cash generation, pointing to a relatively low‑drama profile. Strategically, its blend of deep local relationships and niche digital brands gives it a differentiated position but also requires ongoing investment and careful execution to stay relevant against much larger competitors. Key watchpoints include how it manages interest‑rate and credit cycles, sustains deposit growth in a competitive market, and continues to innovate without overstretching its resources.

NEWS

October 24, 2025 · 4:30 PM UTC

Affinity Bancshares, Inc. Announces Third Quarter 2025 Financial Results

Read more