Kentucky First Federal Bancorp
KFFB

$2.60

1.52%

Market Cap: $22M

About: Kentucky First Federal Bancorp is a holding company. The company through its subsidiaries is engaged mainly in the business of accepting deposits from the general public and using such funds to originate loans secured by first mortgages on owner-occupied, residential real estate and other loans secured by real estate. Its primary products and services include Residential mortgage loans, Multi-family loans, Construction loans and types of deposits, etc. The company mainly operates in Perry, Franklin, Boyle and Garrard and surrounding counties in Kentucky, US.

Employees: 60

Financials Savings Institution, Federally Chartered

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 16 [Q1] → 16 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0.65% less ownership

Funds ownership: 3.25% [Q1] → 2.6% (-0.65%) [Q2]

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

34% less capital invested

Capital invested by funds: $1M [Q1] → $665K (-$339K) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for KFFB.

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Financial journalist opinion

Kentucky First Federal Bancorp Announces Fiscal Year Results

HAZARD, Ky. and FRANKFORT, Ky.

Kentucky First Federal Bancorp Announces Fiscal Year Results

Kentucky First Federal Bancorp Announces Appointment of Director, Selection of Chairman

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company for First Federal Savings Bank of Kentucky and First Federal Savings and Loan of Hazard, has announced that R. Clay Hulette has been selected to the company's board of directors. He will serve until the company's annual meeting, to be held on November 14, 2024, at which time he will run for a two-year term to complete the unexpired term of the retried Tony Whitaker.

Kentucky First Federal Bancorp Announces Appointment of Director, Selection of Chairman

Kentucky First Federal Bancorp Announces Retirement of Tony D. Whitaker, Chairman of the Board

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Aug. 05, 2024 (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 today that Tony D. Whitaker, Chairman of the Board of Kentucky First Federal Bancorp (the “Company”) is retiring from his position as Company Chairman, as well as Chairman of the Board of the Company's subsidiary, First Federal Savings Bank of Kentucky. Mr. Whitaker's retirement is effective August 1, 2024.

Kentucky First Federal Bancorp Announces Retirement of Tony D. Whitaker, Chairman of the Board

Kentucky First Federal Bancorp Releases Earnings

HAZARD, Ky. and FRANKFORT, Ky.

Kentucky First Federal Bancorp Releases Earnings

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 Releases Earnings

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 Announces Suspension of Quarterly Cash Dividend

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