AFBI
Affinity Bancshares, Inc.Financial Services·Banks - Regional
$22.47
$137M market cap
Revenue
$25.8M
Free Cash Flow
$6.2M
Rev Growth
+0.0%
FCF Margin
24.1%
P/FCF
22.0x
EV/FCF
23.8x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that provides various banking products and services. The company accepts various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts. It also offers commercial and industrial, commercial real estate, one- to four-family residential real estate, construction and land, and consumer loans. In addition, the company invests in U.S. treasury securities; s
2-Year Price History
$22.49+18.0%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 12.4 | 2.5 | 2.5 | 2.3 | 4.4 | 4.4 | -0.0 | 42.9 | 54.0 | 6.3 | 7.1% | 0.5x | -- |
| Act | 2025-Q4 | 13.5 | 3.1 | 3.1 | 2.1 | 2.3 | 1.9 | -0.4 | 45.7 | 54.0 | 6.3 | 8.9% | 0.6x | -- |
Valuation & Metrics
Market Stats
Price$22.47
Market Cap$137M
Enterprise Value$148M
P/S Ratio5.3x
P/FCF22.0x
EV/FCF23.8x
FCF Margin (TTM)24.1%
FCF Yield4.5%
Dividend Yield (TTM)6.7%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$25.8M
Net Income$4.4M
Free Cash Flow$6.2M
Revenue Growth (YoY)+0.0%
EBITDA Margin21.4%
Net Margin17.1%
FCF Margin24.1%
CapEx % of Revenue1.7%
SBC % of Revenue0.7%
ROIC8.0%
WC Change % Rev0.0%
Interest Coverage0.6x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-0.7%
Need at least 2 settlement dates for chart
Employees
Headcount88
Revenue / Employee$293,466
Gross Profit / Employee$182,795
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
20.4%(+6.5% YoY)
21 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
5.6%(-1.1% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.4%(-0.2% YoY)
2 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| ALLIANCEBERNSTEIN L.P. | $12.2M | $17.22 | +$242K | +$4.8M | -0.3% | $307.70B |
| RAFFLES ASSOCIATES LP | $4.4M | $12.52 | +$0 | −$6K | -1.3% | $115M |
| GARDNER LEWIS ASSET MANAGEMENT L P | $3.4M | $22.26 | +$3.4M | +$3.4M | +0.4% | $462M |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $3.2M | $22.26 | +$3.2M | +$3.2M | — | $4.04T |
| Yakira Capital Management, Inc. | $1.7M | $19.42 | +$145K | −$1.4M | -6.2% | $342M |
| DIMENSIONAL FUND ADVISORS LPPassive | $1.3M | $15.81 | +$0 | +$39K | -0.4% | $480.92B |
| RENAISSANCE TECHNOLOGIES LLC | $1.3M | $19.09 | −$2K | −$74K | +1.2% | $63.91B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $1.1M | $15.33 | −$14K | −$113K | +2.3% | $1.61T |
| PRELUDE CAPITAL MANAGEMENT, LLC | $988K | $22.26 | +$988K | +$988K | +1.4% | $1.30B |
| FLYWHEEL PRIVATE WEALTH LLC | $913K | $22.26 | +$913K | +$913K | +3.8% | $175M |
| GABELLI FUNDS LLC | $640K | $22.26 | +$640K | +$640K | -0.2% | $14.68B |
| GABELLI SECURITIES, INC. | $622K | $22.26 | +$622K | +$622K | -1.1% | $674M |
| VANGUARD FIDUCIARY TRUST COPassive | $619K | $22.26 | +$619K | +$619K | — | $395.83B |
| STATE STREET CORPPassive | $501K | $19.39 | +$0 | +$0 | -0.2% | $2.89T |
| BlackRock, Inc.Passive | $498K | $19.53 | −$115K | +$15K | -0.2% | $5.69T |
| WELLS FARGO & COMPANY/MN | $472K | $13.67 | −$2K | −$2K | -0.2% | $497.71B |
| NORTHERN TRUST CORPPassive | $390K | $15.79 | −$2K | −$59K | -0.2% | $755.34B |
| Farther Finance Advisors, LLC | $345K | $14.14 | −$17K | −$18K | -0.9% | $10.58B |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $292K | $22.26 | +$292K | +$292K | -0.2% | $19.62B |
| Objectivity Squared, LLC | $267K | $14.77 | −$332K | −$332K | +0.5% | $159M |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.44%
avg per quarter
Holders (ex-self)
-0.46%
excl. this stock
Buyers (this Q)
+0.52%
15 buyers · $0.01B in
Sellers (this Q)
+0.16%
10 sellers · $0.00B out
alpha coverage: 89% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+3.8%
how holders react when this stock falls
On quiet Qs
-2.1%
−10% to +10% baseline
On rallies (+10%+)
-10.4%
how they react when this stock rises
Holders' portfolio flow this Q
+1.1%
inflows — adds are organic
Sellers' portfolio flow this Q
-6.9%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-4.3%
Holder mid (any stock)
-3.6%
Holder rally (any stock)
-5.4%
Biggest decreases this quarter
MALTESE CAPITAL MANAGEMENT LLCexited−$1.2MBeartown Capital Management, LLCexited−$623KObjectivity Squared, LLC−$332Kα+0.5SALZHAUER MICHAELexited−$307KSUSQUEHANNA INTERNATIONAL GROUP, LLP−$231Kα-0.6BlackRock, Inc.−$115Kα-0.2CITADEL ADVISORS LLC−$75Kα-0.4Covestor Ltdexited−$49KFarther Finance Advisors, LLC−$17Kα-0.9GEODE CAPITAL MANAGEMENT, LLC−$14Kα+2.3
New buyers this quarter
GARDNER LEWIS ASSET MANAGEMENT L P+$0.00Bα+0.4VANGUARD CAPITAL MANAGEMENT LLC+$0.00BPRELUDE CAPITAL MANAGEMENT, LLC+$0.00Bα+1.4FLYWHEEL PRIVATE WEALTH LLC+$0.00Bα+3.8GABELLI FUNDS LLC+$0.00Bα-0.2GABELLI SECURITIES, INC.+$0.00Bα-1.1VANGUARD FIDUCIARY TRUST CO+$0.00BCOMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS+$0.00Bα-0.2Virtu Financial LLC+$0.00Bα-2.0LONGFELLOW INVESTMENT MANAGEMENT CO LLC+$0.00Bα+1.5
Top-5 holders · 68.9%
ALLIANCEBERNSTEIN L.P.--
RAFFLES ASSOCIATES LP--
GARDNER LEWIS ASSET MANAGEMENT L P--
VANGUARD CAPITAL MANAGEMENT LLC--
Yakira Capital Management, Inc.--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
ALLIANCEBERNSTEIN L.P.599KRAFFLES ASSOCIATES LP199KGARDNER LEWIS ASSET MANAGEMENT L P151KFJ Capital Management LLC—Yakira Capital Management, Inc.76KTabor Asset Management, LP—CIGOGNE MANAGEMENT SA—RENAISSANCE TECHNOLOGIES LLC59KStilwell Value LLC—CREDIT INDUSTRIEL ET COMMERCIAL—
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$100K
1 txn · 1 insider · 5,418 sh
Sells ($, 12mo)
$328K
3 txns · 2 insiders · 17,483 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2025-08-25 | SELL | Vickers Robert | officer: Chief Operations Officer | 7,565 | $19.47 | $147K | $55K |
| 2025-06-09 | SELL | Nelson Clark | officer: EVP and CCO | 445 | $18.18 | $8K | $264K |
| 2025-06-06 | SELL | Nelson Clark | officer: EVP and CCO | 9,473 | $18.21 | $173K | $272K |
| 2025-06-02 | BUY | Reich Robin S | director | 5,418 | $18.49 | $100K | $453K |
Order Flow (FINRA, ~3w lag)
18.1%retail-17.2pp
34.6%dark+16.4pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Affinity Bancshares, Inc.: Routine Administrative Header Lacks Forensically Actionable Disclosures
Overall Risk
2/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10