Affinity Bancshares is a savings and loan holding company. Through its subsidiary, Co. is engaged in accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, and, to a lesser extent, commercial real estate loans, commercial and industrial loans, construction and land loans and consumer loans. Co. also invests in securities, which includes mortgage-backed securities issued by U.S. government sponsored enterprises and Federal Home Loan Bank stock. Co. provides a range of deposit accounts, including checking accounts, savings accounts and certificate of deposit accounts. The AFBI stock yearly return is shown above.
The yearly return on the AFBI stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AFBI annual return calculation with any dividends reinvested as applicable (on ex-dates).
|