Kentucky First Federal Bancorp
Market Cap
US$54.4m
Last Updated
2020/06/03 03:19 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 Analysis
Proven track record with mediocre balance sheet.
Similar Companies
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
Stable Share Price: KFFB's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-8.9%
KFFB
-4.3%
US Mortgage
1.7%
US Market
1 Year Return
-12.1%
KFFB
-21.0%
US Mortgage
8.5%
US Market
Return vs Industry: KFFB exceeded the US Mortgage industry which returned -21% over the past year.
Return vs Market: KFFB underperformed the US Market which returned 8.5% over the past year.
Shareholder returns
| KFFB | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.9% | -4.3% | 1.7% |
| 30 Day | 3.1% | 6.3% | 9.5% |
| 90 Day | -13.2% | -26.2% | 0.1% |
| 1 Year | -7.2%-12.1% | -18.8%-21.0% | 11.0%8.5% |
| 3 Year | -19.5%-30.7% | 2.6%-4.9% | 32.2%23.5% |
| 5 Year | 1.9%-19.7% | 3.9%-7.5% | 58.6%40.8% |
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
Introducing Kentucky First Federal Bancorp (NASDAQ:KFFB), The Stock That Dropped 34% In The Last Three Years1 month ago | Simply Wall St
Why You Should Leave Kentucky First Federal Bancorp's (NASDAQ:KFFB) Upcoming Dividend On The Shelf1 month ago | Simply Wall St
Could The Kentucky First Federal Bancorp (NASDAQ:KFFB) Ownership Structure Tell Us Something Useful?Valuation
Is Kentucky First Federal Bancorp undervalued compared to its fair value and its price relative to the market?
53.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KFFB's fair value to establish if it is undervalued.
Significantly Below Fair Value: 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 (53.3x) compared to the Mortgage industry average (11.1x).
PE vs Market: KFFB is poor value based on its PE Ratio (53.3x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
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 overvalued based on its PB Ratio (0.8x) compared to the US Mortgage industry average (0.8x).
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?
2.3%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kentucky First Federal Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Kentucky First Federal Bancorp's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Banks industry.
Past Performance
How has Kentucky First Federal Bancorp performed over the past 5 years?
-19.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KFFB has high quality earnings.
Growing Profit Margin: KFFB's current net profit margins (10.6%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: KFFB's earnings have declined by -19.3% per year over the past 5 years.
Accelerating Growth: KFFB's earnings growth over the past year (93.9%) exceeds its 5-year average (-19.3% per year).
Earnings vs Industry: KFFB earnings growth over the past year (93.9%) exceeded the Mortgage industry 4.5%.
Return on Equity
High ROE: KFFB's Return on Equity (1.6%) is considered low.
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
Financial Institutions Analysis
Asset Level: KFFB's Assets to Equity ratio (5x) is low.
Allowance for Bad Loans: KFFB has a low allowance for bad loans (19%).
Low Risk Liabilities: 79% of KFFB's liabilities are made up of primarily low risk sources of funding.
Loan Level: KFFB has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: KFFB's Loans to Deposits ratio (134%) is high.
Level of Bad Loans: KFFB has a high level of bad loans (2.7%).
Next Steps
Dividend
What is Kentucky First Federal Bancorp's current dividend yield, its reliability and sustainability?
6.07%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KFFB's dividend (6.07%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: KFFB's dividend (6.07%) is in the top 25% of dividend payers in the US market (4.48%)
Stability and Growth of Payments
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 (323.7%), 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
How experienced are the management team and are they aligned to shareholders interests?
7.4yrs
Average management tenure
CEO
Don Jennings (54yo)
7.42yrs
Tenure
US$206,863
Compensation
Mr. Don D. Jennings serves the President, Chief Operating Officer and Chief Executive Officer of Kentucky First Federal BanCorp. Inc., a holding company of First Federal Savings Bank of Frankfort since Mar ...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD206.86K) is below average for companies of similar size in the US market ($USD591.64K).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.42yrs | US$206.86k | 0.89% $482.6k | |
| VP, Treasurer & CFO | 15.25yrs | US$186.56k | 0.31% $171.3k | |
| Secretary | no data | no data | no data | |
| President & CEO of First Federal of Hazard | 1.42yrs | no data | 0.069% $37.5k | |
| VP and Head of Loan Processing & Servicing - First Federal Savings Bank of Kentucky | no data | no data | no data | |
| Executive Vice President of First Federal Savings Bank of Kentucky | no data | no data | 0.48% $264.0k | |
| VP & Head of Residential Lending - First Federal Savings Bank of Kentucky | no data | no data | no data | |
| VP, AVP for Lending & Secretary of First Federal Savings & Loan Association of Hazard | no data | no data | no data | |
| VP & Head Teller - First Federal Savings & Loan Association of Hazard | no data | no data | no data | |
| Head of Lending - First Federal Savings Bank and Vice President of First Federal Saving Bank | no data | no data | no data |
7.4yrs
Average Tenure
54yo
Average Age
Experienced Management: KFFB's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.42yrs | US$206.86k | 0.89% $482.6k | |
| VP, CFO & Director - First Federal Savings Bank of Kentucky | no data | no data | no data | |
| VP, Lancaster Branch Manager & Director - First Federal Savings Bank of Kentucky | no data | no data | no data | |
| Director | 7.42yrs | US$148.98k | 0.54% $296.2k | |
| Independent Director | 4.83yrs | US$18.00k | 0.49% $267.6k | |
| Independent Director | 15.25yrs | US$18.00k | 0.11% $62.6k | |
| Chairman of the Board | 15.25yrs | US$11.20k | 1.42% $771.8k | |
| Independent Director | 15.25yrs | US$18.40k | 0.28% $152.9k | |
| Independent Director | 15.25yrs | US$18.40k | 0.35% $189.3k | |
| Independent Director | 9.5yrs | US$18.40k | 0.14% $76.9k |
15.3yrs
Average Tenure
65yo
Average Age
Experienced Board: KFFB's board of directors are seasoned and experienced ( 15.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KFFB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$54.448m
- Shares outstanding: 8.26m
- 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 in Kentucky. Its deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts. The company’s loan portfolio comprises one-to four-family residential mortgage loans; construction loans; mortgage loans secured by multi-family property; nonresidential loans that are secured by commercial office buildings, churches, and properties used for other purposes; commercial non-mortgage loans; and consumer loans, such as home equity lines of credit, loans secured by savings deposits, automobile loans, and unsecured or personal loans. In addition, it invests in mortgage-backed securities; and provides insurance products and services. It operates through seven banking offices. The company was incorporated in 2005 and is based in Hazard, Kentucky. Kentucky First Federal Bancorp is a subsidiary of First Federal Mutual Holding Company.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 03:19 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2020/03/31 |
| 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.