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Kentucky First Fed (KFFB) 8.50 $KFFB Kentucky F

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Post# of 273323
Posted On: 09/02/2016 1:12:52 AM
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Posted By: Stock_Tracker
Kentucky First Fed (KFFB) 8.50 $KFFB

Kentucky First Federal Bancorp Releases Earnings
GlobeNewswire - Mon Aug 29, 2:55PM CDT
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, announced net income of $1.5 million or $0.18 diluted earnings per share for the year ended June 30, 2016, which represents a $568,000 or 27.5% decrease from the year ended June 30, 2015. The decrease in earnings year over year was due to a decrease in net interest income, an increase in non-interest expense and a decrease in non-interest income, while a decrease in provision for loan loss and a decrease in income taxes served to offset some of the negative impact on the bottom line. Net interest income decreased $687,000 or 6.3% from $11.0 million for the prior year end to $10.3 million for the recent year end primarily due to decrease in interest income. Non-interest expense increased $507,000 or 6.3% to $8.5 million for the year just ended due primarily to higher employee compensation and benefits expense. Non-interest income decreased $127,000 or 24.7% to $387,000 for the year just ended primarily because gains associated with real estate owned by the Company and recognized in the prior year were not repeated. Provision for loan losses decreased $328,000 from the prior year to $15,000 for the recently ended year due to a lower level of net charge-offs in fiscal 2016.
KFFB: 8.50 (+0.14)

Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
GlobeNewswire - Tue Apr 19, 1:54PM CDT
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 that the Company's Board of Directors declared a cash dividend of $0.10 per share payable on May 16, 2016, to shareholders of record on April 29, 2016. Tony Whitaker, Chairman of the Company, stated that the Board of Directors determined that the payment of the dividend was appropriate in light of the Company's capital position and financial condition.
KFFB: 8.50 (+0.14)

Nasdaq stocks posting largest volume decreases
AP - Fri Mar 20, 7:01PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
LSBK: 13.47 (+0.10), OXBR: 5.03 (+0.03), MLVF: 16.50 (+0.10), KFFB: 8.50 (+0.14), WVFC: 12.20 (+0.30), CZFC: 16.75 (+0.20), IKNX: 11.00 (-0.05)

Kentucky First Federal Bancorp Announces Merger of Subsidiary Banks
GlobeNewswire - Mon Feb 02, 9:15AM CST
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 Frankfort, Kentucky, announced today that the two subsidiary banks will merge, subject to regulatory approval.
KFFB: 8.50 (+0.14)



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