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

Kentucky First Federal Bancorp (NASDAQ:KFFB) announced its quarterly earnings results on Monday. The savings and loans company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. Kentucky First Federal Bancorp had a return on equity of 3.86% and a net margin of 8.91%.

Kentucky First Federal Bancorp Trading Up 1.9%

NASDAQ KFFB traded up $0.10 during trading on Monday, reaching $5.44. 899 shares of the stock traded hands, compared to its average volume of 5,648. Kentucky First Federal Bancorp has a fifty-two week low of $3.76 and a fifty-two week high of $6.46. The stock’s 50-day moving average price is $5.68 and its 200 day moving average price is $5.00. The firm has a market cap of $44.02 million, a price-to-earnings ratio of 23.66 and a beta of 0.16. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.97.

Kentucky First Federal Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Monday, November 30th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $0.20 dividend on an annualized basis and a yield of 3.7%. 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 investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company currently has an average rating of “Hold”.

About Kentucky First Federal Bancorp

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.