AllianceBernstein L.P. Increases Stake in Affinity Bancshares Inc to 9.8%
On May 18, 2026, AllianceBernstein L.P. filed a Schedule 13G/A with the SEC, reporting a significant increase in its stake in Affinity Bancshares Inc (AFBI). The investment adviser now beneficially owns 598,619 shares of common stock, representing a 9.8% ownership stake in the company. This filing marks a substantial increase from the previously reported 0.0% ownership, indicating a new major position for the firm. According to the filing, the shares were acquired solely for investment purposes on behalf of client discretionary investment advisory accounts. AllianceBernstein L.P. maintains sole voting and dispositive power over all 598,619 shares. The firm, a majority-owned subsidiary of Equitable Holdings, Inc. (EQH), operates under independent management and reports its beneficial ownership separately. The filing confirms that these securities were acquired in the ordinary course of business and not with the intent to influence or change the control of Affinity Bancshares Inc. The event triggering this amendment occurred on March 31, 2026.