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

Kentucky First Federal Bancorp (NASDAQ:KFFB) posted its earnings results on Monday. The savings and loans company reported $0.11 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 Price Performance

Shares of KFFB traded up $0.15 during trading hours on Monday, hitting $5.50. 884 shares of the company were exchanged, compared to its average volume of 5,648. The company has a market cap of $44.45 million, a price-to-earnings ratio of 23.89 and a beta of 0.16. Kentucky First Federal Bancorp has a fifty-two week low of $3.76 and a fifty-two week high of $6.46. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.97. The firm’s fifty day moving average is $5.68 and its 200 day moving average is $5.00.

Kentucky First Federal Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Monday, November 30th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, November 30th. Kentucky First Federal Bancorp’s dividend payout ratio is presently 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. Based on data from MarketBeat, the company currently has a consensus 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.