Kentucky First Federal Bancorp
Market Cap
US$61.1m
Last Updated
2019/10/15 23:47 UTC
Data Sources
Company Financials
Executive Summary
Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc.
Snowflake
Fundamentals
Mediocre balance sheet with moderate growth potential.
Share Price & News
How has Kentucky First Federal Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.6%
KFFB
2.8%
US Mortgage
3.4%
US Market
1 Year Return
-8.1%
KFFB
12.3%
US Mortgage
5.4%
US Market
Return vs Industry: KFFB underperformed the US Mortgage industry which returned 12.3% over the past year.
Return vs Market: KFFB underperformed the US Market which returned 5.4% over the past year.
Shareholder returns
| KFFB | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 2.8% | 3.4% |
| 30 Day | -1.9% | 0.1% | -1.0% |
| 90 Day | -3.0% | 3.4% | -0.4% |
| 1 Year | -3.2%-8.1% | 14.7%12.3% | 7.7%5.4% |
| 3 Year | 3.8%-9.8% | 40.3%30.9% | 46.2%36.8% |
| 5 Year | 14.4%-9.5% | 70.5%52.5% | 65.6%47.5% |
Price Volatility Vs. Market
How volatile is Kentucky First Federal Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Kentucky First Federal Bancorp's (NASDAQ:KFFB) High P/E Ratio Isn't Necessarily A Bad Thing1 month ago | Simply Wall St
Something To Consider Before Buying Kentucky First Federal Bancorp (NASDAQ:KFFB) For The 5.3% Dividend1 month ago | Simply Wall St
How Should Investors React To Kentucky First Federal Bancorp's (NASDAQ:KFFB) CEO Pay?Valuation
Is Kentucky First Federal Bancorp undervalued compared to its fair value and its price relative to the market?
75.43x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: Insufficient data to calculate KFFB's fair value to establish if it is undervalued.
Significantly Undervalued: Insufficient data to calculate KFFB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KFFB is poor value based on its PE Ratio (75.4x) compared to the Mortgage industry average (14.6x).
PE vs Market: KFFB is poor value based on its PE Ratio (75.4x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate KFFB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KFFB is good value based on its PB Ratio (0.9x) compared to the US Mortgage industry average (1.1x).
Next Steps
Future Growth
How is Kentucky First Federal Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
28.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KFFB's forecast earnings growth (28.1% per year) is above the savings rate (2.7%).
Earnings vs Market: KFFB's earnings (28.1% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if KFFB's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if KFFB's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if KFFB's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Kentucky First Federal Bancorp performed over the past 5 years?
-19.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: KFFB's earnings have declined by -19.7% per year over the past 5 years.
Accelerating Growth: KFFB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KFFB had negative earnings growth (-38.6%) over the past year, making it difficult to compare to the Mortgage industry average (31.7%).
Return on Equity
High ROE: KFFB's Return on Equity (1.2%) is considered low.
Return on Assets
ROA vs Industry: KFFB's Return on Assets is below or equal to the Mortgage industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate KFFB's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is Kentucky First Federal Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: KFFB has a low level of unsold assets or inventory.
Debt Coverage by Assets: KFFB's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: KFFB's level of assets compared to its equity is low.
Allowance for Bad Loans: KFFB has a low allowance for bad loans.
Low Risk Liabilities: KFFB's liabilities are made up of primarily low risk sources of funding.
Loan Level: KFFB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: KFFB has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: KFFB has a high level of bad loans (2.79%)
Next Steps
Dividend
What is Kentucky First Federal Bancorp's current dividend yield, its reliability and sustainability?
5.44%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Kentucky First Federal Bancorp before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: KFFB's dividend (5.44%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: KFFB's dividend (5.44%) is in the top 25% of dividend payers in the US market (3.77%)
Stable Dividend: KFFB's dividends per share have been stable in the past 10 years.
Growing Dividend: KFFB's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (410.6%), KFFB's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Kentucky First Federal Bancorp's salary, the management and board of directors tenure and is there insider trading?
6.8yrs
Average management tenure
CEO
Don Jennings (54yo)
6.8yrs
Tenure
US$208,821
Compensation
Mr. Don D. Jennings serves the President, Chief Operating Officer and Chief Executive Officer of Kentucky First Federal BanCorp. Inc., a holding company of First Federal Savings Bank of Frankfort since Mar ...
CEO Compensation Analysis
Compensation vs. Market: Don's total compensation ($USD208.82K) is about average for companies of similar size in the US market ($USD493.02K).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.8yrs
Average Tenure
54yo
Average Age
Experienced Management: KFFB's management team is seasoned and experienced (6.8 years average tenure).
Board Age and Tenure
14.6yrs
Average Tenure
65yo
Average Age
Experienced Board: KFFB's board of directors are seasoned and experienced ( 14.6 years average tenure).
Insider Trading
Insider Buying: KFFB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 6,000 |
| Max Price | US$7.74 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 1,550 |
| Max Price | US$7.52 |
Ownership Breakdown
Management Team
Don Jennings (54yo)
President
- Tenure: 6.8yrs
- Compensation: US$208.82k
R. Hulette (57yo)
Vice President
- Tenure: 14.6yrs
- Compensation: US$188.38k
Teresa A. Hulette
Executive Vice President of First Federal Savings Bank of Kentucky
- Tenure: 0yrs
Yvonne Thornberry
VP and Head of Loan Processing & Servicing - First Federal Savings Bank of Kentucky
- Tenure: 0yrs
Stacey Greenawalt
VP & Head of Residential Lending - First Federal Savings Bank of Kentucky
- Tenure: 0yrs
Debbie Bersaglia
VP, AVP for Lending & Secretary of First Federal Savings & Loan Association of Hazard
- Tenure: 0yrs
Jaime Coffey (39yo)
President & CEO of First Federal of Hazard
- Tenure: 0.8yrs
Margaret Pelley
VP & Head Teller - First Federal Savings & Loan Association of Hazard
- Tenure: 0yrs
Wick Asbury
Head of Lending - First Federal Savings Bank and Vice President of First Federal Saving Bank
- Tenure: 0yrs
Lee Hockensmith
Secretary
- Tenure: 0yrs
Board Members
Don Jennings (54yo)
President
- Tenure: 6.8yrs
- Compensation: US$208.82k
Bill Johnson (68yo)
Director
- Tenure: 6.8yrs
- Compensation: US$153.57k
C. Davenport (60yo)
Director
- Tenure: 4.2yrs
- Compensation: US$18.00k
Russell Brooks (68yo)
VP, CFO & Director - First Federal Savings Bank of Kentucky
- Tenure: 0yrs
Virginia R. Stump (63yo)
VP, Lancaster Branch Manager & Director - First Federal Savings Bank of Kentucky
- Tenure: 0yrs
David Harrod (60yo)
Director
- Tenure: 14.6yrs
- Compensation: US$18.00k
Tony Whitaker (73yo)
Chairman of the Board
- Tenure: 14.6yrs
- Compensation: US$10.80k
Walt Ecton (65yo)
Director
- Tenure: 14.6yrs
- Compensation: US$18.00k
Stephen Barker (65yo)
Director
- Tenure: 14.6yrs
- Compensation: US$18.00k
William Gorman (70yo)
Director
- Tenure: 9.8yrs
- Compensation: US$18.00k
Company Information
Kentucky First Federal Bancorp's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kentucky First Federal Bancorp
- Ticker: KFFB
- Exchange: NasdaqGM
- Founded: 2005
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$61.060m
- Shares outstanding: 8.31m
- Website: https://ffsbky.bank
Number of Employees
Location
- Kentucky First Federal Bancorp
- 655 Main Street
- Hazard
- Kentucky
- 41702
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KFFB | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Mar 2005 |
Biography
Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc. that provide various banking products and services ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/15 23:47 |
| End of Day Share Price | 2019/10/15 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.