Affinity Bancshares is a savings and loan holding company. Through its subsidiary, Affinity Bank, Co. is engaged in accepting 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 and, to a lesser extent, construction and land loans and consumer loans. Co. also invests in securities, which consisted primarily of mortgage-backed securities and obligations. Co. provides a variety of deposit accounts, including checking accounts, savings accounts and certificate of deposit accounts. The AFBI average annual return since 2017 is shown above.
The Average Annual Return on the AFBI average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AFBI average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AFBI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|