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

Kentucky First Federal Bancorp (NASDAQ:KFFB) released its quarterly earnings results on Monday. The savings and loans company reported $0.11 earnings per share for the quarter, Zacks reports. The firm had revenue of $3.32 million for the quarter. Kentucky First Federal Bancorp had a net margin of 11.50% and a return on equity of 5.00%.

Kentucky First Federal Bancorp Price Performance

NASDAQ KFFB traded up $0.14 on Wednesday, hitting $5.49. 1,169 shares of the company’s stock were exchanged, compared to its average volume of 5,626. The stock has a 50-day moving average of $5.68 and a 200-day moving average of $5.01. The stock has a market cap of $44.38 million, a price-to-earnings ratio of 18.29 and a beta of 0.16. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.97. Kentucky First Federal Bancorp has a 52 week low of $3.76 and a 52 week high of $6.46.

Kentucky First Federal Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Monday, November 30th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, November 30th. Kentucky First Federal Bancorp’s payout ratio is currently 86.96%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kentucky First Federal Bancorp in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kentucky First Federal Bancorp Company Profile

Kentucky First Federal Bancorp (NASDAQ:KFFB) is a bank holding company headquartered in Frankfort, Kentucky. Through its banking subsidiary, First Federal Savings Bank of Kentucky, the company provides financial services to individuals, families and businesses in central Kentucky.

The bank’s products and services generally include deposit accounts, residential mortgage loans, consumer lending, commercial real estate financing, construction loans and other business credit. It also offers customary banking services, including electronic and digital banking options, to support personal and commercial customers.

First Federal Savings Bank of Kentucky has a longstanding history of serving communities in Kentucky, with banking operations focused primarily on the central part of the state.