Streetbeat News

KFFB

Kentucky First Federal Bancorp

https://ffsbky.bank

Industry

Banks - Regional

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc. that provide various banking products and services in Kentucky. The company accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts. Its loan portfolio comprises one-to four-family residential mortgage loans; construction loans; mortgage loans secured by multi-family property; nonresidential loans that are secured by commercial office buildings, churches, and properties used for other purposes; commercial non-mortgage loans; and consumer loans, such as home equity lines of credit, loans secured by savings deposits, automobile loans, and unsecured or personal loans. The company also invests in mortgage-backed securities. It operates through seven banking offices. The company was incorporated in 2005 and is based in Hazard, Kentucky. Kentucky First Federal Bancorp is a subsidiary of First Federal MHC.

Open

2.78

Mkt cap

22M

Volume

6.4K

High

2.83

P/E Ratio

-14.00

52-wk high

4.83

Low

2.66

Div yield

N/A

52-wk low

2.50

Kentucky First Federal Bancorp (NASDAQ:KFFB) has announced leadership changes with Walter G. Ecton, Jr. elected as Chairman of the Board and R. Clay Hulette joining the board of directors. These changes may influence the company's strategic direction.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 6:18 pm

Kentucky First Federal Bancorp (KFFB) announced the retirement of Chairman Tony D. Whitaker, effective August 1, 2024. Whitaker will step down as Chairman of both Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:41 pm

Kentucky First Federal (KFFB) reported a Q3 EPS of $(0.01), marking a 150% decrease from the $0.02 per share earned in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 8:54 pm

Kentucky First Federal (NASDAQ:KFFB) reported a significant decrease in its quarterly earnings, posting a loss of $(0.05) per share compared to a gain of $0.04 per share from the same period last year, marking a 225% decrease.

Portfolio Pulse from Happy Mohamed

February 12, 2024 | 8:42 pm

Kentucky First Federal (NASDAQ:KFFB) reported a significant decrease in earnings for Q1, with a loss of $(0.02) per share compared to a profit of $0.05 per share in the same quarter of the previous year, marking a 140 percent decrease.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:33 pm

Glen Burnie Bancorp (NASDAQ:GLBZ) is distributing a dividend payout of $0.10 per share, with an annualized dividend yield of 6.44%. The company has maintained a steady dividend per share of $0.40 from 2019 to 2022, and its earnings per share have risen from $0.48 to $0.51 over the same period. Kentucky First Federal (NASDAQ:KFFB) has the highest annualized dividend yield in the industry at 9.24%.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 3:05 pm

Kentucky First Federal Bancorp (NASDAQ:KFFB) announced a quarterly cash dividend of $0.10 per share, payable on November 20, 2023. However, the company expects future dividends to be reduced due to a decline in the banks' earnings. The company is implementing strategies to emphasize core deposit relationships and shift more of the loan portfolio towards higher-earning loans. The board expects that if quarterly dividends continue in 2024, they will be limited to no more than five cents per share.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 1:52 pm

Kentucky First Federal (NASDAQ:KFFB) reported a 95% decrease in quarterly earnings, from $0.02 per share last year to $0.00 per share this year. Sales also decreased by 12.30% from $2.28 million to $1.997 million YoY.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 10:05 pm

On Wednesday, 59 companies hit new 52-week lows. The largest company by market cap to set a new low was Dollar Tree (NASDAQ:DLTR), while the smallest was SenesTech (NASDAQ:SNES). Outlook Therapeutics (NASDAQ:OTLK) saw the biggest fall, with its stock trading down 84.34%. Dollar Tree (NASDAQ:DLTR) had the biggest turnaround, rebounding 0.05% after reaching a new low.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:19 pm

Home Federal Bancorp (NASDAQ:HFBL) is distributing a dividend payout of $0.12 per share, with an annualized dividend yield of 3.40%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.30 to $0.44. The earnings per share also increased from $1.28 in 2019 to $1.54 in 2022. Kentucky First Federal (NASDAQ:KFFB) has the highest annualized dividend yield in the industry at 6.90%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:05 pm

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