AFBI
Affinity Bancshares Inc
NASDAQ: AFBI · FINANCIAL SERVICES · BANKS - REGIONAL
$22.48
+0.09% today
Updated 2026-05-11
Market cap
$136.89M
P/E ratio
16.39
P/S ratio
9.59x
EPS (TTM)
$1.37
Dividend yield
—
52W range
$18 – $23
Volume
0.0M
Affinity Bancshares Inc (AFBI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.75M | $12.26M | $13.63M | $16.12M | $16.66M | $32.48M | $35.13M | $34.54M | $45.17M | $49.99M | $52.93M |
| Revenue growth (YoY) | — | +4.3% | +11.2% | +18.2% | +3.4% | +94.9% | +8.2% | -1.7% | +30.8% | +10.7% | +5.9% |
| Cost of revenue | — | — | — | — | $2.31M | $7.49M | $4.25M | $3.08M | $15.46M | $19.25M | $20.00M |
| Gross profit | $11.75M | $12.26M | $13.63M | $16.12M | $14.35M | $25.01M | $30.88M | $31.45M | $29.71M | $30.74M | $32.94M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 86.1% | 77.0% | 87.9% | 91.1% | 65.8% | 61.5% | 62.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $1.38M | $1.45M | $1.77M | $2.45M | $8.02M | $12.16M | $10.66M | $12.22M | $12.25M | $13.13M | $16.53M |
| Operating income | $4.10M | $3.52M | $3.79M | $3.31M | $326000.00 | $3.88M | $9.91M | $9.33M | $8.39M | $6.98M | $11.24M |
| Operating margin | 34.9% | 28.7% | 27.8% | 20.6% | 2.0% | 11.9% | 28.2% | 27.0% | 18.6% | 14.0% | 21.2% |
| EBITDA | $2.80M | $2.20M | $2.52M | $2.36M | $1.21M | $4.58M | $10.59M | $9.66M | $9.12M | $7.72M | $11.24M |
| EBITDA margin | 23.8% | 18.0% | 18.4% | 14.6% | 7.3% | 14.1% | 30.1% | 28.0% | 20.2% | 15.4% | 21.2% |
| EBIT | $2.49M | $1.85M | $2.07M | $1.65M | $326000.00 | $3.88M | $9.91M | $9.33M | $8.39M | $6.98M | — |
| Interest expense | — | — | — | $0.00 | $2.31M | $5.49M | $3.18M | $2.38M | $15.50M | $18.81M | $19.87M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.61M | $1.16M | $1.36M | $449000.00 | $355000.00 | $3.09M | $7.57M | $7.13M | $6.45M | $5.44M | $8.33M |
| Net income growth (YoY) | — | -28.3% | +18.0% | -67.1% | -20.9% | +769.9% | +145.2% | -5.8% | -9.6% | -15.6% | +53.2% |
| Profit margin | 13.7% | 9.4% | 10.0% | 2.8% | 2.1% | 9.5% | 21.6% | 20.7% | 14.3% | 10.9% | 15.7% |