Credit Industriel ET Commercial Makes New $1.19 Million Investment in Affinity Bancshares, Inc. (NASDAQ:AFBI)

Credit Industriel ET Commercial purchased a new position in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 68,162 shares of the company's stock, valued at approximately $1,193,000. Credit Industriel ET Commercial owned approximately 1.06% of Affinity Bancshares at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in AFBI. Cigogne Management SA bought a new stake in Affinity Bancshares during the fourth quarter worth approximately $2,020,000. Dimensional Fund Advisors LP lifted its stake in Affinity Bancshares by 3.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 54,933 shares of the company's stock worth $966,000 after acquiring an additional 1,684 shares in the last quarter. Yakira Capital Management Inc. boosted its holdings in shares of Affinity Bancshares by 11.5% during the fourth quarter. Yakira Capital Management Inc. now owns 143,822 shares of the company's stock worth $2,517,000 after purchasing an additional 14,787 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its position in Affinity Bancshares by 80.8% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 28,315 shares of the company's stock worth $496,000 after buying an additional 12,656 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Affinity Bancshares during the third quarter valued at $59,000. 39.31% of the stock is owned by institutional investors and hedge funds.

Affinity Bancshares Stock Down 0.2 %

Shares of NASDAQ AFBI traded down $0.04 during trading hours on Tuesday, hitting $18.54. The stock had a trading volume of 955 shares, compared to its average volume of 15,775. The firm's 50-day moving average price is $18.33 and its two-hundred day moving average price is $19.54. Affinity Bancshares, Inc. has a 52 week low of $16.60 and a 52 week high of $22.50. The company has a market capitalization of $117.33 million, a P/E ratio of 22.60 and a beta of 0.25. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.07 and a current ratio of 1.07.

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

Affinity Bancshares Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $1.50 per share. The ex-dividend date of this dividend was 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.