KFFB Stock Dips as Kentucky First Federal Bancorp Reports Financial Struggles

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Oct 22, 2024
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Kentucky First Federal Bancorp (KFFB, Financial) experienced significant stock volatility as the share price dropped by 8.13%. The current price stands at $2.94 with a trading volume of 1,384 shares, showing a turnover rate of 0.02% and a price range variation of 0.63%.

According to its latest financial report, Kentucky First Federal Bancorp recorded revenues of $16.44 million, with a net loss of $1.72 million. The earnings per share (EPS) were reported at -$0.21, but gross profit data is currently unavailable. The company has a negative price-to-earnings (P/E) ratio of -14.76.

No institutional recommendations are currently available for buying, holding, or selling this stock. Within the banking sector, where KFFB operates, there was a modest overall gain of 0.07%. In comparison, stocks like Shf Holdings Inc. and Patriot National Bancorp showed significant gains, while others like Saunders Springs Bank and Atlantic Union Bankshares Corporation exhibited notable trading activity with turnover rates of 2.96% and 1.84%, respectively.

Kentucky First Federal Bancorp operates as a holding company, primarily engaging in public deposit activities. It provides residential, multi-family, and construction loans, along with various deposit services. The company primarily serves regions in Kentucky, including Perry, Franklin, Boyle, and Garrard counties.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.