Kentucky First Federal Bancorp (KFFB)

HAZARD, Ky. and FRANKFORT, Ky.

HAZARD, Ky. and FRANKFORT, Ky.

HAZARD, Ky. and FRANKFORT, Ky.

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., May 12, 2025 (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 net income of $7,000 or $0.00 diluted earnings per share for the three months ended March 31, 2025, compared to a net loss of $107,000 or $(0.01) diluted earnings per share for the three months ended March 31, 2024, an increase of $114,000. Net earnings of $5,000 or $0.00 diluted earnings per share was announced for the nine months ended March 31, 2025 compared to a net loss of $643,000 or $(0.08) diluted earnings per share for the nine months ended March 31, 2024, an increase of $648,000.

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Feb. 11, 2025 (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 net income of $13,000 or $0.00 diluted earnings per share for the three months ended December 31, 2024, compared to a net loss of $361,000 or $(0.05) diluted earnings per share for the three months ended December 31, 2023, an increase of $374,000 or 103.6%. A net loss of $2,000 or $(0.00) diluted earnings per share was announced for the six months ended December 31, 2024 compared to a net loss of $536,000 or $(0.07) diluted earnings per share for the six months ended December 31, 2023, an increase of $534,000 or 99.6%.

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Nov. 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 $15,000 or $0.00 diluted earnings per share for the three months ended September 30, 2024, compared to a net loss of $175,000 or $(0.02) diluted earnings per share for the three months ended September 30, 2023, an increase of $160,000 or 91.4%.

Kentucky First Federal Bancorp (KFFB, Financial) saw its stock surge by 5.11%, recently trading at $2.88 per share with a volume of 18,532 shares and a turnover rate of 0.23%. The stock's fluctuation rate was noted at 3.56%.

HAZARD, Ky. and FRANKFORT, Ky.

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.

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.

HAZARD, Ky. and FRANKFORT, Ky.

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%

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.”

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Nov. 10, 2023 (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 $175,000 or ($0.02) diluted earnings per share for the three months ended September 30, 2023, compared to net earnings of $373,000 or $0.05 diluted earnings per share for the three months ended September 30, 2022, a decrease of $548,000 or 146.9%.

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Oct. 13, 2023 (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 will pay a cash dividend in the amount of ten cents per share to shareholders of record on October 31, 2023 and payable on November 20, 2023.

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), (the “Company”) the holding company for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky (the two banks being collectively referred to as the “Banks”), announced net income of $933,000 or $0.11 basic and diluted earnings per share for the year ended June 30, 2023, compared to net income of $1.6 million or $0.19 per common share for the twelve months ended June 30, 2022. Net earnings for the quarter ended June 30, 2023 totaled $42,000 or $0.00 basic and diluted earnings per share compared to net earnings of $206,000 or $0.02 per common share for the quarter ended June 30, 2022.