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

Kentucky First Federal Bancorp (NASDAQ:KFFB) released its earnings results on Friday. The savings and loans company reported $0.08 earnings per share for the quarter, Zacks reports. Kentucky First Federal Bancorp had a return on equity of 2.87% and a net margin of 6.67%.The business had revenue of $3.24 million for the quarter.

Kentucky First Federal Bancorp Price Performance

NASDAQ:KFFB opened at $5.55 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28. The company has a 50-day moving average of $5.04 and a 200-day moving average of $4.73. Kentucky First Federal Bancorp has a 52 week low of $2.97 and a 52 week high of $5.65. The company has a market capitalization of $44.90 million, a price-to-earnings ratio of 24.13 and a beta of 0.14.

Kentucky First Federal Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Monday, August 31st will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, August 31st.

Analyst Upgrades and Downgrades

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