Affinity Bancshares, Inc. (NASDAQ:AFBI) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Affinity Bancshares, Inc. (NASDAQ:AFBI) by 16.2% during the 2nd quarter, Holdings Channel reports. The firm owned 46,033 shares of the company’s stock after acquiring an additional 6,421 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Affinity Bancshares were worth $976,000 at the end of the most recent reporting period.

Affinity Bancshares Price Performance

Affinity Bancshares stock opened at $21.43 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $137.37 million, a price-to-earnings ratio of 25.51 and a beta of 0.51. Affinity Bancshares, Inc. has a fifty-two week low of $13.76 and a fifty-two week high of $21.98. The stock’s fifty day moving average is $21.37 and its two-hundred day moving average is $19.74.

Affinity Bancshares (NASDAQ:AFBI) last posted its earnings results on Friday, July 26th. The company reported $0.16 earnings per share for the quarter. The company had revenue of $8.27 million for the quarter. Affinity Bancshares had a return on equity of 4.51% and a net margin of 11.45%.

About Affinity Bancshares

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.