Kentucky First Federal Bancorp (NASDAQ:KFFB) Issues Quarterly Earnings Results

Kentucky First Federal Bancorp (NASDAQ:KFFB) issued its earnings results on Friday. The savings and loans company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. Kentucky First Federal Bancorp had a return on equity of 2.87% and a net margin of 6.67%.

Kentucky First Federal Bancorp Trading Down 1.2%

KFFB stock traded down $0.07 during midday trading on Friday, hitting $5.55. 579 shares of the company’s stock were exchanged, compared to its average volume of 3,975. The stock has a market capitalization of $44.88 million, a PE ratio of 32.65 and a beta of 0.14. Kentucky First Federal Bancorp has a 1-year low of $2.97 and a 1-year high of $5.65. The business has a 50-day simple moving average of $5.03 and a two-hundred day simple moving average of $4.72. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.99.

Kentucky First Federal Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 21st. Investors of record on Monday, August 31st will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, August 31st. Kentucky First Federal Bancorp’s dividend payout ratio is presently 117.65%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Kentucky First Federal Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Kentucky First Federal Bancorp Company Profile

Kentucky First Federal Bancorp is the bank holding company for Kentucky First Federal Savings and Loan Association, a community-focused financial institution headquartered in London, Kentucky. The company offers a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit, designed to meet the needs of individuals, families, and local businesses. By maintaining a strong local presence, the organization emphasizes personalized service and relationship banking across its branch network.

On the lending side, Kentucky First Federal Bancorp provides residential mortgage financing, home equity loans, consumer installment loans and commercial real estate and business loans.