BCCQ (AFBI) Stock

BCCQ (AFBI) is a stock trading at $10.04 (as of 2026-09-02), with a market capitalization of $346.38M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Understand BCCQ: how it makes money

Affinity Bancshares is the holding company for Affinity Bank, a small regional lender taking deposits and extending commercial, residential, and consumer loans, earning the spread between what it pays depositors and what borrowers repay. The loan book leans commercial and real estate, with Treasury and agency securities filling the asset side, so earnings track local credit conditions and the net interest spread.

Every dollar of profit is the net interest spread between its local deposit base and its commercial and residential loan book, with U.S. Treasury and agency securities absorbing rate volatility.

Business quality (Mixed): Clean credit metrics and a 24% operating margin suggest a well-managed small bank, but a 0.71% ROAA and 2% revenue growth do not clearly justify the 23% valuation premium over the banking sector average.

Valuation: At 16× earnings, AFBI trades 23% above the Banking average (13×).

Bull case

  • Credit book is effectively clean: Non-Performing Loans are reported at $0.0B, and the Non-Owner Occupied Office book carries only $0.04B at a 44.0% average loan-to-value. That combination limits downside if commercial real estate softens further.
  • Solid operating leverage for a small bank: Operating margin stands at 24.0%, indicating the bank converts its revenue into operating profit efficiently relative to peers in the small-cap banking tier.

Bear case

  • Priced above peers on weak growth: At 16.0x earnings versus the banking industry average of 13x (23% premium), investors are paying up while revenue growth is just 2.0% year over year. The premium is not underwritten by a visible acceleration.
  • Capital returns remain modest: Return on Average Assets of 0.71% and Return on Average Equity of 5.37% suggest the balance sheet is producing only middling returns, which makes the above-average multiple harder to defend over time.
Valuation — source: SEC EDGAR (first-party)
Price$10.04
Market Cap$346.38M
Price / Book-9286.82
Profitability & Growth — source: SEC EDGAR
Return on Equity5571.5%
Debt / Equity-5.51
Current Ratio0.04

Related Companies (Banking; 8 comparable banks)

  • Bogota Financial Corp. (BSBK)
  • Winchester Bancorp, Inc. Common Stock (WSBK)
  • SR Bancorp, Inc. Common stock (SRBK)
  • FB Bancorp, Inc. Common Stock (FBLA)
  • Beacon Financial Corp. (BBT)
  • Timberland Bancorp, Inc. (TSBK)
  • First Northwest Bancorp (FNWB)
  • Texas Community Bancshares, Inc. (TCBS)
AFBI earnings history · AFBI institutional & insider holders · AFBI KPIs & operating metrics · AFBI financials · AFBI investor presentations & press releases · AFBI SEC filings · AFBI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.