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. We show 12 historical shares outstanding datapoints in our coverage of AFBI's shares outstanding history.
Understanding the changing numbers of AFBI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AFBI versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching AFBI by allowing them to research AFBI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
