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

Kentucky First Federal Bancorp (NASDAQ:KFFB) posted its quarterly 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%.

Kentucky First Federal Bancorp Stock Performance

Kentucky First Federal Bancorp stock traded down $0.07 during midday trading on Friday, reaching $5.55. 579 shares of the company’s stock were exchanged, compared to its average volume of 3,975. The stock’s 50-day simple moving average is $5.03 and its 200 day simple moving average is $4.72. The firm has a market cap of $44.88 million, a price-to-earnings ratio of 32.65 and a beta of 0.14. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28. Kentucky First Federal Bancorp has a 52 week low of $2.97 and a 52 week high of $5.65.

Kentucky First Federal Bancorp Dividend Announcement

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

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Kentucky First Federal Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Kentucky First Federal Bancorp presently has a consensus 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.