|
|
|
|
|
|
|
|
|
|
|
07.03.25 - 14:03
|
Affinity Bancshares, Inc. Adopts Stock Repurchase Program (Business Wire)
|
|
|
COVINGTON, Ga.--(BUSINESS WIRE)--Affinity Bancshares, Inc. (the “Company”) (Nasdaq: AFBI), the holding company for Affinity Bank, today announced that its Board of Directors has adopted a stock repurchase program. Under the repurchase program, the Company may repurchase up to 320,480 shares of its common stock, or approximately 5% of the current outstanding shares.
The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.
Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be conducted in accordance with the li...
|
|
|
|
|
28.02.25 - 00:03
|
Affinity Bancshares, Inc. Announces Payment of Special Cash Dividend of $1.50 Per Share (Business Wire)
|
|
|
COVINGTON, Ga.--(BUSINESS WIRE)--Affinity Bancshares, Inc. (the “Company”) (Nasdaq: AFBI), the holding company for Affinity Bank, today announced that its Board of Directors has declared the payment of a special cash dividend. The dividend of $1.50 per share will be paid on March 27, 2025 to stockholders of record as of March 13, 2025.
Edward J. Cooney, President and Chief Executive Officer of the Company, stated “We recorded a solid level of net income for the year ended December 31, 2024, despite the expenses we incurred in connection with the terminated transaction with Atlanta Postal Credit Union, which reaffirms the Company's stability and resilience. This dividend reflects our desire to share our success with our stockholders, as well as our ongoing commitment to delivering stockholder value.”
About Affinity Bancshares, Inc.
The Company is a Maryland corporation based in Covington, Georgia. The Company's banking subsidiary, Affinity Bank, opened in 1928 and currently operates a full-servic...
|
|
|
31.01.25 - 22:36
|
Affinity Bancshares, Inc. Announces Fourth Quarter and the Year 2024 Financial Results (Business Wire)
|
|
|
COVINGTON, Ga.--(BUSINESS WIRE)--Affinity Bancshares, Inc. (NASDAQ:“AFBI”) (the “Company”), the holding company for Affinity Bank (the “Bank”), today announced net income of $5.4 million for the year ended December 31, 2024 as compared to $6.4 million for the year ended December 31, 2023 $1.3 million for the three months ended December 31, 2024, as compared to $1.5 million for the three months ended December 31, 2023.
At or for the three months ended,
At or for the year ended
Performance Ratios:
December 31,
2024
September 30,
2024
June 30,
2024
March 31,
2024
December 31,
2023
December 31,
2024
December 31,
2023
Net income (in thousands)
$
1,345
$
1,730
$
1,031
$
1,335
$
1,514
$
5,441
$
6,448
Diluted earnings per share
0.20
0.26
0.16
0.20
0.23
0.83
0.98
Operating income (1)
1,738
1,883
1,763
1,374
...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
