Affinity Bancshares (AFBI)
Market Price (3/1/2026): $20.01 | Market Cap: $125.2 MilSector: Financials | Industry: Regional Banks
Affinity Bancshares (AFBI)
Market Price (3/1/2026): $20.01Market Cap: $125.2 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 7.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.8%, FCF Yield is 7.9% | Weak multi-year price returns2Y Excs Rtn is -4.8%, 3Y Excs Rtn is -38% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -56% | Key risksAFBI key risks include a significant loan portfolio concentration in [1] commercial real estate and [2] commercial and industrial loans. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 32%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 31% | ||
| Low stock price volatilityVol 12M is 24% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 7.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.8%, FCF Yield is 7.9% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -56% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 32%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 31% |
| Low stock price volatilityVol 12M is 24% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Weak multi-year price returns2Y Excs Rtn is -4.8%, 3Y Excs Rtn is -38% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7% |
| Key risksAFBI key risks include a significant loan portfolio concentration in [1] commercial real estate and [2] commercial and industrial loans. |
Qualitative Assessment
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1. Strong Fourth Quarter 2025 Financial Results. Affinity Bancshares announced robust Q4 2025 results on January 23, 2026, reporting a 58.5% year-over-year increase in net income to $2.1 million and a 70% rise in diluted earnings per share to $0.34. The company also saw an 11% growth in net interest income to $8.3 million and an expansion of its net interest margin to 3.77%.
2. Implementation of a New Stock Repurchase Program. On January 7, 2026, the company adopted a stock repurchase program authorizing the buyback of up to 304,524 shares, representing approximately 5% of its outstanding common stock. This action followed previous buybacks that contributed to a roughly 4.3% lower weighted average share count in Q4 2025 compared to the prior year, enhancing per-share metrics.
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Stock Movement Drivers
Fundamental Drivers
The 3.0% change in AFBI stock from 11/30/2025 to 2/28/2026 was primarily driven by a 3.0% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.32 | 19.90 | 3.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 32 | 32 | 0.0% |
| Net Income Margin (%) | 23.5% | 23.5% | 0.0% |
| P/E Multiple | 16.0 | 16.5 | 3.0% |
| Shares Outstanding (Mil) | 6 | 6 | 0.0% |
| Cumulative Contribution | 3.0% |
Market Drivers
11/30/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| AFBI | 3.0% | |
| Market (SPY) | 0.4% | 5.4% |
| Sector (XLF) | -3.6% | 6.3% |
Fundamental Drivers
The 0.4% change in AFBI stock from 8/31/2025 to 2/28/2026 was primarily driven by a 5.6% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.83 | 19.90 | 0.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 32 | 32 | 1.2% |
| Net Income Margin (%) | 22.3% | 23.5% | 5.6% |
| P/E Multiple | 17.7 | 16.5 | -7.0% |
| Shares Outstanding (Mil) | 6 | 6 | 0.9% |
| Cumulative Contribution | 0.4% |
Market Drivers
8/31/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| AFBI | 0.4% | |
| Market (SPY) | 6.6% | 3.9% |
| Sector (XLF) | -4.4% | 10.7% |
Fundamental Drivers
The 9.0% change in AFBI stock from 2/28/2025 to 2/28/2026 was primarily driven by a 29.5% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.25 | 19.90 | 9.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 31 | 32 | 3.8% |
| Net Income Margin (%) | 18.2% | 23.5% | 29.5% |
| P/E Multiple | 20.9 | 16.5 | -20.9% |
| Shares Outstanding (Mil) | 6 | 6 | 2.5% |
| Cumulative Contribution | 9.0% |
Market Drivers
2/28/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| AFBI | 9.0% | |
| Market (SPY) | 16.5% | 9.4% |
| Sector (XLF) | -0.4% | 11.1% |
Fundamental Drivers
The 33.5% change in AFBI stock from 2/28/2023 to 2/28/2026 was primarily driven by a 12.4% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.91 | 19.90 | 33.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 31 | 32 | 1.9% |
| Net Income Margin (%) | 21.4% | 23.5% | 9.6% |
| P/E Multiple | 14.7 | 16.5 | 12.4% |
| Shares Outstanding (Mil) | 7 | 6 | 6.3% |
| Cumulative Contribution | 33.5% |
Market Drivers
2/28/2023 to 2/28/2026| Return | Correlation | |
|---|---|---|
| AFBI | 33.5% | |
| Market (SPY) | 79.6% | 10.9% |
| Sector (XLF) | 50.6% | 18.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AFBI Return | 42% | -2% | 6% | 10% | 27% | -4% | 97% |
| Peers Return | 23% | -2% | 7% | 13% | 5% | 9% | 66% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| AFBI Win Rate | 92% | 50% | 50% | 58% | 67% | 0% | |
| Peers Win Rate | 67% | 44% | 50% | 54% | 52% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| AFBI Max Drawdown | -2% | -9% | -23% | -2% | -0% | -4% | |
| Peers Max Drawdown | -1% | -20% | -30% | -14% | -22% | -0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ABCB, HOMB, PNFP, RNST, AUB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/27/2026 (YTD)
How Low Can It Go
| Event | AFBI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -28.9% | -25.4% |
| % Gain to Breakeven | 40.6% | 34.1% |
| Time to Breakeven | 188 days | 464 days |
Compare to ABCB, HOMB, PNFP, RNST, AUB
In The Past
Affinity Bancshares's stock fell -28.9% during the 2022 Inflation Shock from a high on 2/21/2023. A -28.9% loss requires a 40.6% gain to breakeven.
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About Affinity Bancshares (AFBI)
AI Analysis | Feedback
Analogy 1: A community bank for the Atlanta area, like a local, independent version of a regional bank such as Truist.
Analogy 2: It's the local, personalized alternative to large national banks like Bank of America or Chase, serving the Atlanta community.
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- Deposit Services: Affinity Bancshares offers a variety of deposit products, including checking, savings, money market, and certificates of deposit, for individuals and businesses.
- Lending Services: The company provides a range of loan products, primarily consisting of commercial real estate, residential mortgage, construction, and commercial and industrial loans.
AI Analysis | Feedback
Affinity Bancshares, Inc. (symbol: AFBI) is a bank holding company that operates Affinity Bank. As a financial institution, it primarily provides banking and financial services rather than selling tangible products to a few major companies. Its customer base is diverse and typically categorized by the type of client or service utilized. The company primarily serves individuals and businesses within its operating market. Here are up to three categories of customers it serves:Affinity Bancshares (AFBI) primarily serves the following categories of customers:
- Retail Customers / Individuals: This category includes consumers seeking traditional banking services such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), mortgages, home equity lines of credit, and personal loans.
- Small to Medium-Sized Businesses: This segment comprises local businesses of various sizes that utilize commercial banking services. These services typically include business checking and savings accounts, commercial loans, lines of credit, equipment financing, and treasury management services.
- Commercial Real Estate Investors and Developers: This category includes individuals, partnerships, and companies involved in the acquisition, development, construction, and management of commercial real estate properties. Affinity Bank provides financing solutions for these activities.
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- Fiserv (FISV)
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```htmlEdward J. Cooney, President and Chief Executive Officer
Edward J. Cooney was appointed Chief Executive Officer of Newton Federal Bank in January 2020, following Newton Federal Bank's acquisition of Affinity Bank. He also serves as a Director. Prior to this, he held the positions of President and Director for Affinity Bank and ABB Financial. With nearly 30 years of experience in the banking industry, Mr. Cooney has served in various executive roles including chief financial officer, chief credit officer, and senior loan officer. He is a Certified Public Accountant licensed in Georgia and is a former Chairman of the Community Bankers Association of Georgia Board. Mr. Cooney earned his BBA in 1990 from Stetson University.
Brandi C. Pajot, Senior Vice President, Chief Financial Officer, Chief Treasury, Corporate Secretary & Risk Officer
Brandi C. Pajot holds multiple key roles, including Senior Vice President, Chief Financial Officer, Chief Treasury, Corporate Secretary, and Risk Officer for Affinity Bancshares Inc, Affinity Bank, Newton Federal, and FitnessBank. She joined Newton Federal Bank in January 2020 as Chief Treasury and Risk Management Officer in connection with the acquisition of Affinity Bank, and was named to her current Newton Federal Bank roles in March 2020. Ms. Pajot began her career at Affinity Bank in 2007 and served as its Senior Vice President and Chief Financial Officer starting in 2010. She is a Certified Public Accountant licensed in Georgia and has been involved in the banking sector since 2000.
Clark N. Nelson Jr., Executive Vice President and Chief Credit Officer
Clark N. Nelson Jr. serves as Executive Vice President and Chief Credit Officer. He was appointed to this role at Newton Federal Bank in January 2020, following the acquisition of Affinity Bank.
Elizabeth M. Galazka, Executive Vice President of Lending
Elizabeth M. Galazka holds the position of Executive Vice President of Lending.
Robert A. Vickers, Senior Vice President and Chief Operations Officer
Robert A. Vickers is the Senior Vice President and Chief Operations Officer. He joined Affinity Bank in 2008 and became its Senior Vice President and Chief Operations Officer in 2019.
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Here are the key risks to the business of Affinity Bancshares (AFBI):-
Interest Rate Risk
Affinity Bancshares' profitability is substantially reliant on its "net interest spread," which is the difference between the rates earned on loans and investments and the rates paid on deposits and other funding sources. Fluctuations in interest rates, driven by factors such as federal economic, monetary, and fiscal policies, can significantly impact this spread. The company has experienced both negative impacts from decreasing interest rates (e.g., in 2020 and 2021) and from increasing rates (e.g., in 2022), which negatively affected loan revenue.
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Credit Risk from Loan Portfolio Concentration
A significant portion of Affinity Bancshares' loan portfolio is concentrated in commercial real estate and commercial and industrial loans. As of December 31, 2024, commercial real estate loans constituted 45.3% of the total loan portfolio, with commercial and industrial loans making up 20.8% of gross loans. While the bank has underwriting guidelines, a downturn in the commercial real estate or general commercial sectors could lead to increased loan defaults and negatively impact the company's financial condition.
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Intense Competition
Affinity Bancshares operates in a highly competitive financial services market, facing competition for both loans and deposits within its local operating areas. Competitors include large money center and regional banks, other community banks, credit unions, mortgage banking firms, consumer finance companies, money market funds, brokerage firms, mutual funds, and insurance companies. This intense competition can exert pressure on lending rates, deposit rates, and the ability to attract and retain customers, potentially impacting the bank's growth and profitability.
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Neobanks and Digital-First Financial Institutions: These online-only banks and financial technology companies offer highly competitive interest rates, lower fees, and superior digital user experiences. They directly compete for Affinity Bancshares' traditional customer base by attracting individuals and small businesses seeking convenience and cost efficiency over physical branch presence, particularly younger demographics and tech-savvy clients. This parallels the shift seen with Netflix displacing traditional video rental stores like Blockbuster.
Specialized Fintech Lending Platforms: Online platforms that specialize in specific lending areas (e.g., small business loans, personal loans, mortgage refinancing) leverage streamlined digital application processes and often faster approval times. These platforms can attract borrowers who traditionally relied on community banks like Affinity Bancshares for their lending needs, potentially eroding AFBI's loan origination volume and market share in key lending segments.
Embedded Finance and Non-Bank Financial Service Providers: The growing trend of non-financial companies (e.g., large tech firms, retailers) integrating financial services directly into their core offerings poses a threat by disintermediating traditional banking relationships. By offering products like credit cards, buy-now-pay-later options, and high-yield savings accounts within their existing ecosystems, these providers can capture financial transactions and customer loyalty that might otherwise go to a traditional community bank like AFBI.
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Affinity Bancshares, Inc. (AFBI) primarily operates as a community bank in Georgia, offering a range of financial products and services to individuals and businesses. The main products and services include deposit accounts and various loan products such as residential mortgages and commercial loans.
Addressable Market Sizes (U.S. Region):
- Residential Mortgages: The U.S. home mortgage market size was valued at approximately USD 180.91 billion in 2023 and is projected to reach around USD 501.67 billion by 2032. As of the second quarter of 2025, Americans collectively owe $12.94 trillion on mortgages.
- Commercial Lending: Commercial real estate debt in the U.S. totaled $5.62 trillion in 2022. The global commercial lending market was valued at USD 11,874.88 billion in 2024 and is expected to grow to nearly USD 25,270.32 billion by 2032. The U.S. Commercial Lending Market is also poised for sustainable growth.
- Community Banking (Overall Market): The U.S. community banking market reached a valuation of USD 6.35 billion in 2024, with a projected compound annual growth rate (CAGR) of 3.8%. Another estimate indicates the U.S. community banking market size grew from $17.79 billion in 2024 to $19.39 billion in 2025.
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Affinity Bancshares (AFBI) is expected to drive future revenue growth over the next two to three years through several key strategies:
- Disciplined Loan Growth: The company has demonstrated consistent loan growth, particularly in construction, consumer loans, and commercial loans secured by real estate. This expansion of its loan portfolio directly contributes to increased interest income, a primary component of revenue for a bank.
- Deposit Growth and Management: Affinity Bancshares has experienced an increase in total deposits, notably in demand deposits and certificates of deposit. The ability to attract and retain deposits provides a stable and cost-effective funding source for its lending activities, supporting further loan growth and overall revenue generation.
- Profit Margin Expansion through Cost Control: While not a direct revenue driver, the bank's expanded net profit margin, attributed to disciplined loan growth and effective cost control, signifies improved operational efficiency. This allows for a greater conversion of revenue into profits, making existing and future revenue streams more impactful on the bottom line.
- Continued Focus on Commercial and Residential Real Estate Lending: A significant portion of Affinity Bank's lending activities is concentrated in commercial and residential real estate. Sustained demand in these areas, as observed in recent periods, is expected to continue fueling interest income.
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Affinity Bancshares (AFBI) has made the following capital allocation decisions over the last 3-5 years:Share Repurchases
- On March 7, 2025, Affinity Bancshares, Inc. adopted a stock repurchase program authorizing the repurchase of up to 320,480 shares of its common stock, representing approximately 5% of outstanding shares.
- A second stock repurchase program was adopted on October 31, 2022, allowing for the repurchase of up to 331,997 shares, or approximately 5% of the then-current outstanding shares.
- By September 30, 2025, the company completed $4.1 million in common stock repurchases.
Share Issuance
- Affinity Bancshares, Inc. completed an initial public offering (IPO) in April 2022, which generated gross proceeds of approximately $67.9 million.
- The company transitioned to a publicly traded entity (NASDAQ: AFBI) in January 2021 following its conversion from a mutual to a stock form of ownership, with approximately 6,875,643 shares of common stock outstanding after the related stock offering.
Outbound Investments
- Affinity Bancshares' cash from investing averaged a net outflow of $55.022 million annually for fiscal years ending December 2020 to 2024.
- The company's investment activities include purchasing mortgage-backed securities and obligations issued by United States government-sponsored enterprises and Federal Home Loan Bank stock.
- Total gross loans increased by $15.4 million, reaching $729.5 million by September 30, 2025, from $714.1 million at December 31, 2024, driven by demand in construction and consumer loans, and commercial real estate loans.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Would You Still Hold Affinity Bancshares Stock If It Fell 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to AFBI.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | FDS | FactSet Research Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -18.8% | -18.8% | -25.3% |
| 01302026 | PFSI | PennyMac Financial Services | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -6.9% | -6.9% | -9.3% |
| 01302026 | ALLY | Ally Financial | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -1.9% | -1.9% | -5.5% |
| 01232026 | FIS | Fidelity National Information Services | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -18.9% | -18.9% | -22.6% |
| 01022026 | MORN | Morningstar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -18.1% | -18.1% | -26.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 37.36 |
| Mkt Cap | 5.3 |
| Rev LTM | 1,105 |
| Op Inc LTM | - |
| FCF LTM | 374 |
| FCF 3Y Avg | 360 |
| CFO LTM | 400 |
| CFO 3Y Avg | 383 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 14.8% |
| Rev Chg 3Y Avg | 10.8% |
| Rev Chg Q | 12.2% |
| QoQ Delta Rev Chg LTM | 3.0% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 36.2% |
| CFO/Rev 3Y Avg | 36.6% |
| FCF/Rev LTM | 33.8% |
| FCF/Rev 3Y Avg | 34.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.3 |
| P/S | 4.2 |
| P/EBIT | - |
| P/E | 14.9 |
| P/CFO | 12.5 |
| Total Yield | 9.2% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 7.4% |
| D/E | 0.2 |
| Net D/E | -0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.2% |
| 3M Rtn | 2.9% |
| 6M Rtn | -1.1% |
| 12M Rtn | 7.5% |
| 3Y Rtn | 19.2% |
| 1M Excs Rtn | -1.0% |
| 3M Excs Rtn | 1.3% |
| 6M Excs Rtn | -6.1% |
| 12M Excs Rtn | -7.0% |
| 3Y Excs Rtn | -53.3% |
Price Behavior
| Market Price | $19.90 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 01/21/2021 | |
| Distance from 52W High | -11.6% | |
| 50 Days | 200 Days | |
| DMA Price | $20.48 | $19.33 |
| DMA Trend | up | up |
| Distance from DMA | -2.9% | 3.0% |
| 3M | 1YR | |
| Volatility | 28.0% | 24.4% |
| Downside Capture | 26.01 | 16.00 |
| Upside Capture | 44.88 | 22.32 |
| Correlation (SPY) | 4.2% | 10.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.00 | -0.07 | 0.14 | 0.08 | 0.13 | 0.23 |
| Up Beta | -0.02 | -0.42 | -0.57 | -0.26 | 0.04 | 0.12 |
| Down Beta | 0.01 | -0.35 | 0.02 | 0.04 | 0.17 | 0.08 |
| Up Capture | -14% | -5% | 44% | 15% | 17% | 14% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 20 | 29 | 56 | 117 | 345 |
| Down Capture | 15% | 39% | 29% | 22% | 21% | 63% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 7 | 15 | 24 | 52 | 103 | 314 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AFBI | |
|---|---|---|---|---|
| AFBI | 16.7% | 24.9% | 0.62 | - |
| Sector ETF (XLF) | 2.2% | 19.8% | -0.00 | 13.6% |
| Equity (SPY) | 16.5% | 19.4% | 0.66 | 10.5% |
| Gold (GLD) | 81.3% | 25.7% | 2.29 | -7.5% |
| Commodities (DBC) | 13.4% | 16.9% | 0.58 | 10.1% |
| Real Estate (VNQ) | 7.3% | 16.6% | 0.25 | 7.2% |
| Bitcoin (BTCUSD) | -22.0% | 44.9% | -0.42 | 9.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AFBI | |
|---|---|---|---|---|
| AFBI | 12.1% | 28.4% | 0.46 | - |
| Sector ETF (XLF) | 11.3% | 18.8% | 0.48 | 13.2% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 8.2% |
| Gold (GLD) | 23.5% | 17.1% | 1.12 | -6.8% |
| Commodities (DBC) | 10.6% | 19.0% | 0.44 | 6.2% |
| Real Estate (VNQ) | 5.1% | 18.8% | 0.18 | 2.7% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | -3.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AFBI | |
|---|---|---|---|---|
| AFBI | 6.3% | 28.2% | 0.49 | - |
| Sector ETF (XLF) | 13.8% | 22.2% | 0.57 | 13.3% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 8.3% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | -6.6% |
| Commodities (DBC) | 8.7% | 17.6% | 0.41 | 6.1% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 2.9% |
| Bitcoin (BTCUSD) | 65.8% | 66.8% | 1.05 | -3.6% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/23/2026 | 1.0% | -0.7% | -2.9% |
| 10/24/2025 | 0.0% | 0.7% | 2.1% |
| 7/25/2025 | 2.8% | 0.4% | 0.5% |
| 5/1/2025 | 0.6% | 2.0% | 0.8% |
| 1/31/2025 | -1.0% | -1.0% | 7.2% |
| 10/25/2024 | -0.7% | 0.0% | 0.3% |
| 7/26/2024 | 0.3% | -0.2% | 0.5% |
| 2/1/2024 | -0.6% | 3.9% | 1.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 8 | 13 |
| # Negative | 5 | 8 | 3 |
| Median Positive | 0.7% | 1.8% | 0.8% |
| Median Negative | -0.7% | -1.1% | -10.3% |
| Max Positive | 2.8% | 5.9% | 7.2% |
| Max Negative | -1.6% | -18.6% | -19.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/21/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/21/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/11/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 03/18/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Vickers, Robert | Chief Operations Officer | Direct | Sell | 8292025 | 19.47 | 7,565 | 147,291 | 54,516 | Form |
| 2 | Nelson, Clark | EVP and CCO | Direct | Sell | 6092025 | 18.21 | 9,473 | 172,503 | 272,458 | Form |
| 3 | Nelson, Clark | EVP and CCO | Direct | Sell | 6092025 | 18.18 | 445 | 8,090 | 263,919 | Form |
| 4 | Reich, Robin S | Direct | Buy | 6032025 | 18.49 | 5,418 | 100,179 | 452,894 | Form | |
| 5 | Roberts, Howard G | Direct | Sell | 1242025 | 21.50 | 134 | 2,881 | 514,732 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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