NC’s Fidelity Bank to get Atlanta foothold with $142.8M Affinity deal

The acquisition, set to close in the third quarter, will create a $5.5 billion-asset institution and give Georgia’s Affinity ...
Las Vegas Sun

Fidelity BancShares (N.C.), Inc. and Fidelity Bank Announce Execution of Definitive Merger Agreement to Acquire Affinity Bancshares, Inc. and Affinity Bank

Raymond James & Associates, Inc. served as financial advisor and Ward and Smith, P.A. served as legal counsel to Fidelity. Performance Trust Capital Partners, LLC served as financial advisor to ...

Affinity Shares Jump on Sale Agreement with Fidelity Bank

Shares of Affinity Bancshares jumped after the company agreed to a sale to Fidelity Bank for $142.8 million. The stock rose 17% to $22.92 in off-hours trading. Under the agreement, each Affinity ...
Retail Banker International on MSN

Fidelity BancShares to acquire Affinity for $142.8m

This move will see Fidelity establish its presence in Georgia for the first time.
American Banker

Deal will bring N.C.'s Fidelity Bank into Atlanta area

The bank's planned $142 million acquisition of Affinity Bancshares comes as war-related uncertainty appears to have slowed ...
Hosted on MSN

Zacks initiates coverage of Affinity Bancshares with neutral recommendation

Zacks Investment Research has recently initiated coverage of Affinity Bancshares, Inc. AFBI, assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook ...

North Carolina bank pushes into Atlanta with $143M acquisition

A local bank is targeting one of the fastest‑growing and most competitive banking markets in the Southeast.
Seeking Alpha

Affinity Bancshares, Inc. Announces Payment of Special Cash Dividend of $1.50 Per Share

COVINGTON, Ga.--(BUSINESS WIRE)-- Affinity Bancshares, Inc. (AFBI), the holding company for Affinity Bank, today announced that its Board of Directors has declared the payment of a special cash ...