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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Affinity Bancshares, Inc. (NasdaqCM: AFBI) to Fidelity BancShares (N.C.), Inc. Under the terms of the proposed transaction, shareholders of Affinity will receive $23.00 in cash, subject to adjustment ba...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Affinity Bancshares, Inc. (NASDAQ: AFBI) to Fidelity BancShares (N.C.), Inc. for $23.00 per share in cash, subject to adjustment based on Affinity's adjusted stockholders' equity at closing.Halper Sadeh encourages Affinity shareholders to click here to learn more about their rights and options...
FUQUAY-VARINA, N.C. & COVINGTON, Ga.--(BUSINESS WIRE)--Fidelity BancShares (N.C.), Inc. and Fidelity Bank Announce Execution of Definitive Agreement to Acquire Affinity Bancshares, Inc. and Affinity Bank.
Affinity Bancshares continues its share buyback strategy post failed sale, aiming to enhance per-share results amid slow earnings improvement. AFBI's Q4 2025 net interest income rose to $8.25M, with net income at $0.35 per share, aided by a 4.3% lower share count. Loan book quality remains strong with minimal loan loss provisions, and tangible book value per share increased 3.5% to $20.84.
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