Fidelity BancShares (N.C.), Inc. and Fidelity Bank Announce Execution of Definitive Merger Agreement to Acquire Affinity Bancshares, Inc. and Affinity Bank
Affinity Bancshares, Inc. (AFBI)
Company Research
Source: Business Wire
FUQUAY-VARINA, N.C. & COVINGTON, Ga.--(BUSINESS WIRE)--Fidelity BancShares (N.C.), Inc. (“Fidelity”), the holding company for The Fidelity Bank (“Fidelity Bank”), and Affinity Bancshares, Inc. (NASDAQ: AFBI) (“Affinity”), the holding company for Affinity Bank, today jointly announced the signing of a definitive merger agreement in which Fidelity Bank has agreed to acquire 100% of the common stock of Affinity in an all-cash transaction (the “Merger”) valued at approximately $142.8 million. The transaction marks Fidelity’s entry into Georgia.“We are incredibly excited to welcome Affinity Bank’s customers and employees into the Fidelity Bank family and to expand our presence into Georgia,” said Mary Willis, President & CEO of Fidelity Bank. “This partnership brings together two community-focused organizations that share a strong commitment to relationship-driven banking and putting people first. We look forward to building on Affinity Bank’s strong local reputation while continuing t
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AFBI
News
- Affinity Bancshares (AFBI) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c)" to "buy (b)".MarketBeat
- Are OMEX, CRBG, AFBI Obtaining Fair Deals for their Shareholders?PR Newswire
- Are SLNO, THR, AFBI Obtaining Fair Deals for their Shareholders?PR Newswire
- SHAREHOLDER ALERT: The M&A Class Action Firm Is Investigating The Merger--KZR, CNTA, AFBI, and APLSPR Newswire
- Affinity Bancshares Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Affinity Bancshares, Inc. - AFBIBusiness Wire
AFBI
Sec Filings
- 4/17/26 - Form 10-K/A
- 3/31/26 - Form DEFA14A
- 3/31/26 - Form 8-K
- AFBI's page on the SEC website