Kentucky First Federal Bancorp (KFFB)
Operates two independent Kentucky community savings institutions focused on local deposits and property lending.
Kentucky First Federal Bancorp (NASDAQ:KFFB) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened
Kentucky First Federal Bancorp (NASDAQ: KFFB - Get Free Report) shares crossed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $4.60 and traded as low as $4.33. Kentucky First Federal Bancorp shares last traded at $4.4950, with a volume of 5,977 shares trading hands. Wall Street
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Kentucky First Federal Bancorp (NASDAQ: KFFB - Get Free Report) and ServisFirst Bancshares (NYSE: SFBS - Get Free Report) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, valuation, risk and analyst recommendations. Volatility and Risk Kentucky First Federal
Short Interest in Kentucky First Federal Bancorp (NASDAQ:KFFB) Declines By 12.5%
Kentucky First Federal Bancorp (NASDAQ: KFFB - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 7,506 shares, a decrease of 12.5% from the January 15th total of 8,575 shares. Currently, 0.1% of the shares of the company
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Kentucky First Federal Bancorp (NASDAQ: KFFB - Get Free Report) and West Bancorporation (NASDAQ: WTBA - Get Free Report) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, analyst recommendations, institutional ownership, profitability, dividends and earnings. Analyst Ratings This is a
Kentucky First Federal Bancorp (KFFB) Stock Rises 5.11% Amid Industry Activity
Kentucky First Federal Bancorp (KFFB, Financial) saw its stock surge by 5.11%, recently trading at $2.88 per share with a volume of 18,532 shares and a turnover rate of 0.23%. The stock's fluctuation rate was noted at 3.56%.
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky.
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the “Company”) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced a net loss of $361,000 or ($0.05) diluted earnings per share for the three months ended December 31, 2023, compared to net earnings of $374,000 or $0.04 diluted earnings per share for the three months ended December 31, 2022, a decrease of $735,000 or 196.5%. A net loss of $536,000 or ($0.07) diluted earnings per share was announced for the six months ended December 31, 2023 compared to net earnings of $747,000 or $0.09 diluted earnings per share for the six months ended December 31, 2022, a decrease of $1.3 million or 171.8%
Kentucky First Federal Bancorp Announces Suspension of Quarterly Cash Dividend
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) (the “Company”), the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky (collectively the “Banks”), announced today that the Company's Board of Directors has voted to suspend the payment of the quarterly cash dividend on the Company's common stock indefinitely. Emphasizing that the Banks are both well-capitalized under all applicable regulatory requirements and that asset quality remains good, Don Jennings, President and Chief Executive Office of the Company stated, “While the suspension of our quarterly dividend is very disappointing, as previously disclosed, we have experienced historical increases in short-term market interest rates as well as a persistent inversion of the yield curve that has resulted in compressed net interest margins and much lower earnings at the bank level. As designed, our loans are repricing in response to the higher rate environment, but due to contractual terms of those loans, increases are restricted as to time and amount, resulting in a slower pace of increase than that of liabilities. Currently, lower earnings limit the Banks' ability to stream sufficient funds to the Company to fund operations and dividends while still maintaining adequate liquidity at the Banks to fund operations and loan growth. While the Board continues to believe in a strong Company dividend policy, all of these factors, coupled with regulators' enhanced scrutiny on liquidity and bank dividend payout ratios to their holding companies relative to bank earnings, necessitate this change. While, future dividend payments will be dependent upon the Banks' ability to generate positive retained earnings and enhanced liquidity, the Board intends to re-evaluate the payment of a quarterly dividend in the future as soon as possible.”
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the “Company”) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced a net loss of $175,000 or ($0.02) diluted earnings per share for the three months ended September 30, 2023, compared to net earnings of $373,000 or $0.05 diluted earnings per share for the three months ended September 30, 2022, a decrease of $548,000 or 146.9%.
Kentucky First Federal Bancorp Announces Quarterly Cash Dividend and Expected Future Dividend Reduction
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Oct. 13, 2023 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) (the “Company”), the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky (collectively the “Banks”), announced today that the Company will pay a cash dividend in the amount of ten cents per share to shareholders of record on October 31, 2023 and payable on November 20, 2023.
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), (the “Company”) the holding company for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky (the two banks being collectively referred to as the “Banks”), announced net income of $933,000 or $0.11 basic and diluted earnings per share for the year ended June 30, 2023, compared to net income of $1.6 million or $0.19 per common share for the twelve months ended June 30, 2022. Net earnings for the quarter ended June 30, 2023 totaled $42,000 or $0.00 basic and diluted earnings per share compared to net earnings of $206,000 or $0.02 per common share for the quarter ended June 30, 2022.
Kentucky First Federal Bancorp Announces Retirement of Vice President and Chief Financial Officer
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that R. Clay Hulette has notified Kentucky First Federal Bancorp (the “Company”) that effective January 2, 2024, he is retiring from his position as Vice President and Chief Financial Officer of the Company and his position as Frankfort Area President of its subsidiary First Federal Savings Bank of Kentucky. Mr. Hulette's retirement is not the result of any dispute or disagreement with the Company. Following his retirement, Mr. Hulette will remain a member of the board of directors of First Federal Savings Bank of Kentucky.
Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., July 06, 2023 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company's Board of Directors declared a cash dividend of $0.10 per share payable on August 24, 2023, to shareholders of record on July 31, 2023. Tony Whitaker, Chairman of the Company, stated that the Board of Directors determined that the payment of the dividend was appropriate in light of the Company's capital position and financial condition.
Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company's Board of Directors declared a cash dividend of $0.10 per share payable on November 15, 2021, to shareholders of record on October 29, 2021. Tony Whitaker, Chairman of the Company, stated that the Board of Directors determined that the payment of the dividend was appropriate in light of the Company's capital position and financial condition.
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), (the “Company”) the holding company for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, announced net income of $1.8 million or $0.22 diluted earnings per share for the year ended June 30, 2021, compared to a net loss of $12.5 million or $1.52 per common share for the twelve months ended June 30, 2020. Net earnings for the quarter ended June 30, 2021, totaled $692,000 or $0.08 diluted earnings per share compared to a net loss of $13.3 million or $1.61 per common share for the quarter ended June 30, 2020, which resulted primarily from a non-cash $13.6 million goodwill impairment charge reported during the June 30, 2020 period.
Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., July 09, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company's Board of Directors declared a cash dividend of $0.10 per share payable on August 25, 2021, to shareholders of record on July 30, 2021. Tony Whitaker, Chairman of the Company, stated that the Board of Directors determined that the payment of the dividend was appropriate in light of the Company's capital position and financial condition.
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., May 03, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the “Company”) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced net earnings of $473,000 or $0.06 diluted earnings per share for the three months ended March 31, 2021, compared to net earnings of $240,000 or $0.03 diluted earnings per share for the three months ended March 31, 2020, an increase of $233,000 or 97.1%. Net earnings were $1.1 million or $0.14 diluted earnings per share for the nine months ended March 31, 2021, compared to net earnings of $722,000 or $0.09 diluted earnings per share for the nine months ended March 31, 2020, an increase of $406,000 or 56.2%.
Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., April 07, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company's Board of Directors declared a cash dividend of $0.10 per share payable on May 17, 2021, to shareholders of record on April 30, 2021. Tony Whitaker, Chairman of the Company, stated that the Board of Directors determined that the payment of the dividend was appropriate in light of the Company's capital position and financial condition.
Kentucky First Federal Bancorp Announces Initiation of New Stock Repurchase Plan
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company has substantially completed the stock repurchase program which was initiated December 19, 2018, and that the Board of Directors has authorized the purchase of up to 150,000 shares in a new stock repurchase program. The shares repurchased through the new program will be held as treasury stock. Repurchases will be effected through open market purchases or unsolicited privately negotiated transactions. The stock repurchase program will be dependent on market conditions and there is no guarantee as to the exact number of shares that the Company will repurchase.
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the “Company”) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced net earnings of $370,000 or $0.04 diluted earnings per share for the three months ended December 31, 2020, compared to net earnings of $248,000 or $0.03 diluted earnings per share for the three months ended December 30, 2019, an increase of $122,000 or 49.2%. Net earnings were $655,000 or $0.08 diluted earnings per share for the six months ended December 31, 2020, compared to net earnings of $482,000 or $0.06 diluted earnings per share for the six months ended December 31, 2019, an increase of $173,000 or 35.9%.