How to Buy Affinity Bancshares Stock
Affinity Bancshares Inc
Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that provides various banking products and services.
Affinity Bancshares stock last closed at $16.60, down 0.9% from the previous day, and has increased 9% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.01 percentage points. Affinity Bancshares stock is currently +47.03% from its 52-week low of $11.29, and -3.21% from its 52-week high of $17.15.
There are currently 6.42M AFBI shares outstanding. The market cap of AFBI is $106.52M. In the last 24 hours, 6072 AFBI shares were traded.
How to Buy Affinity Bancshares Stock
Not sure how to invest in Affinity Bancshares stock? Here's how.
- Figure out where to buy Affinity Bancshares stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Affinity Bancshares stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Analyze Affinity Bancshares stock: The Affinity Bancshares ticker symbol is AFBI. Is Affinity Bancshares stock a good investment? Should you buy shares of AFBI? How do AFBI's underlying business fundamentals look? Do top analysts think Affinity Bancshares is a good buy? Why has AFBI's stock price moved recently? (Hint: Our stock research website can help you decide if AFBI is a good stock to buy).
- Execute your AFBI trade: Decide if you will purchase AFBI shares at the current market price or use a limit order to purchase AFBI shares at a particular price.
- Track your AFBI position: Create a watchlist to important updates regarding your new investment in Affinity Bancshares stock.
Step 1: Figure out where to buy Affinity Bancshares stock
You will need an online brokerage account in order to access the NASDAQ market and buy AFBI shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can invest in AFBI stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on the best stock trading app for beginners, you need to deposit funds:
Watch the tutorial below to see the process of transferring funds into your investment account.
Step 4: Analyze Affinity Bancshares stock
Once you have decided on the best place to buy Affinity Bancshares stock, it's very important to analyze their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Affinity Bancshares Numbers
Affinity Bancshares Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on AFBI's stock page.
Is AFBI stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge AFBI's intrinsic value.
Using relative valuations measures:
- AFBI may be undervalued based on its P/E ratio of 16.6x, relative to Banks - Regional industry P/E ratio of -10.33x
- AFBI may be undervalued based on its P/B ratio of 0.88x, relative to Banks - Regional industry P/B ratio of 0.97x
- AFBI could be undervalued based on its PEG ratio of 0.2x
You can do more valuation research on AFBI's stock here.
AFBI Financial Health
Positive Health Checks:
- AFBI earnings of $8.39M is not sufficient to cover its interest payments.
Negative Health Checks:
- AFBI has a relatively high debt to equity ratio of 5.94.
- AFBI's operating cash flow of $7.87M allows it to safely service it's debt of $40.00M.
- Total AFBI debt is higher than 5 years ago, relative to shareholder equity.
- AFBI profit margin has gone down from 22.7% to 21.7% in the past year.
Metrics for Advanced AFBI Traders
How is AFBI performing as a company?
Last year, AFBI earnings were $6.45M. During the past four year, AFBI's earnings have increased by 111.47% per year. This was faster than the Banks - Regional industry average of 16.23%.
Last year, AFBI revenue was $29.71M. In the past four year, AFBI's revenue has increased by 19.99% per year. This was faster than the Banks - Regional industry average of 7.35%.
You can research AFBI's earnings and revenue performance here.
Are AFBI executives and large shareholders buying or selling the stock?
Over the last year, insiders at AFBI have bought more shares than they have sold.
Howard G. Roberts, Director of AFBI, was the latest AFBI insider to buy. They bought $5,792.00 worth of AFBI shares on Nov 20, 2023.
Learn more about who owns AFBI stock here.
Can I get consistent income from AFBI stock?
No, Affinity Bancshares doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your AFBI trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and your broker will execute the order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Track your AFBI position
Now that you own some shares in AFBI, you'll want to stay up-to-date on your shares.
Start a watchlist to track the most important metrics related to your AFBI stock.
AFBI Feed
How to Buy Stock in Affinity Bancshares
To reiterate, here are the 6 steps to buy Affinity Bancshares stock:
- Figure out where to buy Affinity Bancshares stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Affinity Bancshares stock
- Execute your AFBI trade
- Track your AFBI position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Affinity Bancshares, create a watchlist today.
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