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Affinity Bancshares (Affinity Bancshares) Net Margin %

: 20.69% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Affinity Bancshares's Net Income for the three months ended in Dec. 2023 was $1.51 Mil. Affinity Bancshares's Revenue for the three months ended in Dec. 2023 was $7.31 Mil. Therefore, Affinity Bancshares's net margin for the quarter that ended in Dec. 2023 was 20.69%.

The historical rank and industry rank for Affinity Bancshares's Net Margin % or its related term are showing as below:

AFBI' s Net Margin % Range Over the Past 10 Years
Min: 2.47   Med: 21.74   Max: 23.7
Current: 21.74


AFBI's Net Margin % is ranked worse than
62.24% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs AFBI: 21.74

Affinity Bancshares Net Margin % Historical Data

The historical data trend for Affinity Bancshares's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Affinity Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
2.47 11.43 23.70 22.18 21.74

Affinity Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.50 23.11 21.57 21.55 20.69

Competitive Comparison

For the Banks - Regional subindustry, Affinity Bancshares's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Affinity Bancshares Net Margin % Distribution

For the Banks industry and Financial Services sector, Affinity Bancshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where Affinity Bancshares's Net Margin % falls into.



Affinity Bancshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Affinity Bancshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=6.448/29.664
=21.74 %

Affinity Bancshares's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.513/7.313
=20.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Affinity Bancshares  (NAS:AFBI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Affinity Bancshares Net Margin % Related Terms

Thank you for viewing the detailed overview of Affinity Bancshares's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Affinity Bancshares (Affinity Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3175 Highway 278, Covington, GA, USA, 30014
Affinity Bancshares Inc is a holding company of Affinity Bank, a federally chartered stock savings bank that offers a variety of deposit accounts, including checking accounts, savings accounts, and certificate of deposit accounts. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial and industrial loans, and residential real estate loans, construction and land loans, and consumer loans. It also invests in securities, which consist of mortgage-backed securities and obligations issued by United States government-sponsored enterprises and Federal Home Loan Bank stock.
Executives
Howard G Roberts director 3175 HIGHWAY 278, COVINGTON GA 30014
Robin S Reich director 3175 HIGHWAY 278, COVINGTON GA 30014
Edward John Cooney director, officer: CEO 3175 HIGHWAY 278, COVINGTON GA 30014
Robert Vickers director 3175 HIGHWAY 278, COVINGTON GA 30014
Kenneth R Lehman 10 percent owner 122 N GORDON ROAD, FT LAUDERDALE FL 33301
Clark Nelson officer: EVP and CCO 3175 HIGHWAY 278, COVINGTON GA 30014
Elizabeth Galazka officer: EVP-Lending 3175 HIGHWAY 278, COVINGTON GA 30014
Brandi C Pajot officer: SVP - Chief Financial Officer 3175 HIGHWAY 278, COVINGTON GA 30014
Gregory J. Proffitt officer: President 3175 HIGHWAY 278, COVINGTON GA 30014
Tessa M. Nolan officer: SVP and CFO 3175 HIGHWAY 278, COVINGTON GA 30014
Fortson William D. Jr. director 3175 HIGHWAY 278, COVINGTON GA 30014
Bob W. Richardson director 3175 HIGHWAY 278, COVINGTON GA 30014
Edward P. Stone director 3175 HIGHWAY 278, COVINGTON GA 30014
Marshall L. Ginn director 3175 HIGHWAY 278, COVINGTON GA 30014
Mark J Ross director 3175 HIGHWAY 278, COVINGTON GA 30014

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