New Risk • 8h
New minor risk - Dividend sustainability The dividend is not forecast to be well covered by earnings in 3 years. Payout ratio in 3 years: null Current dividend yield: 3.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend not forecast to be well covered by earnings in 3 years (null payout ratio in 3 years). Market cap is less than US$100m (US$44.2m market cap). Tillkännagivande • Jul 29
Kentucky First Federal Bancorp Declares Quarterly Dividend, Payable on September 21, 2026 Kentucky First Federal Bancorp announced that its Board declared a cash dividend of $0.05 per share payable on September 21, 2026 to shareholders of record on August 31, 2026. Tillkännagivande • May 30
Kentucky First Federal Bancorp Proposes to Consider Resumption of Quarterly Dividend Kentucky First Federal Bancorp announced that on July 28, 2026 its Board of Directors will hold a special meeting of the Board to evaluate whether to declare a quarterly dividend on shares of the Company’s common stock in an amount not to exceed $0.10 per share. However, the Kentucky First Board of Directors may decide to declare a lower dividend or declare no dividend at all. No decision regarding the amount, frequency, or occurrence of future dividends has been made by the Kentucky First Board of Directors at this time and all dividends on Kentucky First common stock are declared at the discretion of the Kentucky First Board of Directors. The Company previously announced on January 16, 2024, that the Board of Directors had voted to suspend the payment of dividends and the Company has not paid a dividend since November 2023. Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. CEO & Director R. Hulette was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 21
Kentucky First Federal Bancorp, Annual General Meeting, Nov 18, 2025 Kentucky First Federal Bancorp, Annual General Meeting, Nov 18, 2025. Location: one community college drive, kentucky, hazard United States Tillkännagivande • Oct 19
Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky Announces CEO Changes Kentucky First Federal Bancorp, the holding company (the Company) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky (the Banks), reported that the Boards of Directors of the Company and First Federal Savings Bank of Kentucky have appointed R. Clay Hulette as Chief Executive Officer of the Company and as Chief Executive Officer of First Federal Savings Bank of Kentucky, respectively. The bank said the appointment of Hulette to these positions is subject to regulatory approval. Pending regulatory approval, Hulette will serve as interim President and Chief Executive Officer of First Federal Savings Bank of Kentucky. Tillkännagivande • Oct 01
Kentucky First Federal Bancorp announced delayed annual 10-K filing On 09/30/2025, Kentucky First Federal Bancorp announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Oct 17
Kentucky First Federal Bancorp, Annual General Meeting, Nov 14, 2024 Kentucky First Federal Bancorp, Annual General Meeting, Nov 14, 2024. Location: at the challenger learning center, campus of hazard community and technical college, at one community college drive, kentucky, hazard, United States Tillkännagivande • Oct 02
Kentucky First Federal Bancorp announced delayed annual 10-K filing On 10/01/2024, Kentucky First Federal Bancorp announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Aug 06
Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky Announce Retirement of Tony D. Whitaker as Chairman of the Board Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky announced that Tony D. Whitaker, 78, 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. Tony has served as Chairman since the Company’s inception in 2005, and served as the Company’s Chief Executive Officer from 2005 through 2012. He has also previously served as Chief Executive Officer of First Federal Savings and Loan of Hazard from 1997 through 2012, and served on the bank’s board since 1993. His banking career dates back over 50 years with additional tenures at First Federal Savings Bank of Richmond and Great Financial Bank. Reported Earnings • May 13
Third quarter 2024 earnings released: US$0.013 loss per share (vs US$0.018 profit in 3Q 2023) Third quarter 2024 results: US$0.013 loss per share (down from US$0.018 profit in 3Q 2023). Net loss: US$107.0k (down 174% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Second quarter 2024 earnings released: US$0.045 loss per share (vs US$0.046 profit in 2Q 2023) Second quarter 2024 results: US$0.045 loss per share (down from US$0.046 profit in 2Q 2023). Net loss: US$361.0k (down 197% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 05
Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky Announces Chief Financial Officer Changes On December 28, 2023, the Board of Directors of Kentucky First Federal Bancorp, First Federal Savings and Loan of Hazard and First Federal Savings Bank of Kentucky appointed Tyler W. Eades, the current Chief Financial Officer of First Federal Savings and Loan of Hazard as Chief Financial Officer and Vice President of the Company and the Banks, effective as of January 2, 2024. As previously disclosed, R. Clay Hulette retired as Vice President and Chief Financial Officer of the Company, and his position as Frankfort Area President of its subsidiary First Federal Savings Bank of Kentucky, effective as of January 2, 2024. Mr. Hulette will remain a director of First Federal Savings Bank of Kentucky, a wholly owned subsidiary of the Company. Mr. Eades, age 28, has served in various roles of the Banks since 2018. These include assistance with SEC filing, preparation of financial reports, supervision of internal audit and loan analysis, and was appointed Chief Financial Officer for First Federal Savings and Loan of Hazard in 2022. Mr. Eades is the nephew of Mr. Hulette who will continue to serve as a director of First Federal Savings Bank of Kentucky and of Teresa K. Hulette who is the Executive Vice President of First Federal Savings Bank of Kentucky. Reported Earnings • Nov 17
First quarter 2024 earnings released: US$0.022 loss per share (vs US$0.046 profit in 1Q 2023) First quarter 2024 results: US$0.022 loss per share (down from US$0.046 profit in 1Q 2023). Revenue: US$1.74m (down 28% from 1Q 2023). Net loss: US$175.0k (down 147% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 23
Upcoming dividend of US$0.10 per share at 8.4% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 20 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.4%. Within top quartile of American dividend payers (5.2%). Higher than average of industry peers (4.0%). Tillkännagivande • Oct 17
Kentucky First Federal Bancorp Declares Quarterly Dividend, Payable on November 20, 2023 On October 13, 2023, Kentucky First Federal Bancorp announced that the Board of Directors declared a quarterly dividend of $0.10 per share for shareholders of record on October 31, 2023, to be paid on November 20, 2023. Tillkännagivande • Oct 13
Kentucky First Federal Bancorp, Annual General Meeting, Nov 16, 2023 Kentucky First Federal Bancorp, Annual General Meeting, Nov 16, 2023, at 16:30 US Eastern Standard Time. Location: Challenger Learning Center, Hazard Community and Technical College Campus One Community College Drive Hazard Kentucky United States Agenda: To elect two directors to serve for a term of three years; to ratify the selection of FORVIS, LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2024; to vote on a non-binding resolution to approve the compensation of the named executive officers; and to consider Such other business as may properly come before the meeting. Reported Earnings • Sep 29
Full year 2023 earnings released: EPS: US$0.11 (vs US$0.19 in FY 2022) Full year 2023 results: EPS: US$0.11 (down from US$0.19 in FY 2022). Revenue: US$9.05m (down 7.1% from FY 2022). Net income: US$933.0k (down 41% from FY 2022). Profit margin: 10% (down from 16% in FY 2022). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Sep 03
Kentucky First Federal Bancorp Announces Retirement of R. Clay Hulette as Chief Financial Officer Effective January 2, 2024 Kentucky First Federal Bancorp the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that R. Clay Hulette has notified Kentucky First Federal Bancorp (the “Company”) that effective January 2, 2024, he is retiring from his position as Chief Financial Officer of the Company and his position as Frankfort Area President of its subsidiary First Federal Savings Bank of Kentucky. Mr. Hulette’s retirement is not the result of any dispute or disagreement with the Company. Following his retirement, Mr. Hulette will remain a member of the board of directors of First Federal Savings Bank of Kentucky. Upcoming Dividend • Jul 21
Upcoming dividend of US$0.10 per share at 6.4% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 24 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.4%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.3%). Tillkännagivande • Jul 07
Kentucky First Federal Bancorp Announces Quarterly Cash Dividend, Payable on August 24, 2023 Kentucky First Federal Bancorp announced that the Company’s Board of Directors declared a cash dividend of $0.10 per share payable on August 24, 2023, to shareholders of record on July 31, 2023. Reported Earnings • May 07
Third quarter 2023 earnings released: EPS: US$0.018 (vs US$0.041 in 3Q 2022) Third quarter 2023 results: EPS: US$0.018 (down from US$0.041 in 3Q 2022). Revenue: US$2.11m (down 9.6% from 3Q 2022). Net income: US$144.0k (down 57% from 3Q 2022). Profit margin: 6.8% (down from 14% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 20
Upcoming dividend of US$0.10 per share at 6.3% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 15 May 2023. The company is paying out more than 100% of its profits and is paying out 75% of its cash flow. Trailing yield: 6.3%. Within top quartile of American dividend payers (4.9%). Higher than average of industry peers (3.5%). Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: US$0.046 (vs US$0.059 in 2Q 2022) Second quarter 2023 results: EPS: US$0.046 (down from US$0.059 in 2Q 2022). Revenue: US$2.52m (up 3.5% from 2Q 2022). Net income: US$374.0k (down 22% from 2Q 2022). Profit margin: 15% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jan 23
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 30 January 2023. Payment date: 16 February 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.3%). In line with average of industry peers (6.2%). Tillkännagivande • Jan 07
Kentucky First Federal Bancorp Declares Quarterly Cash Dividend, Payable on February 16, 2023 Kentucky First Federal Bancorp announced that the company's board of directors declared a quarterly cash dividend of $0.10 per share, payable on February 16, 2023, to shareholders of record on January 31, 2023. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Director Lou Ella Farler was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 21
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 28 October 2022. Payment date: 14 November 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.6%. Within top quartile of American dividend payers (4.6%). Lower than average of industry peers (7.0%). Tillkännagivande • Oct 14
Kentucky First Federal Bancorp, Annual General Meeting, Nov 17, 2022 Kentucky First Federal Bancorp, Annual General Meeting, Nov 17, 2022, at 15:30 US Eastern Standard Time. Location: Challenger Learning CenterHazard Community and Technical College Campus One Community College Drive Hazard Kentucky United States Agenda: To elect three directors to serve for a term of three years and one director to serve for a term of two years; to ratify the selection of FORVIS, LLP as company's independent registered public accounting firm for the fiscal year ending June 30, 2023; to vote on a non-binding resolution to approve the compensation of the named executive officers; and to consider any other matter thereof. Tillkännagivande • Oct 06
Kentucky First Federal Bancorp Declares Quarterly Cash Dividend, Payable on November 14, 2022 Kentucky First Federal Bancorp announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.10 per share payable on November 14, 2022, to shareholders of record on October 31, 2022. 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. Reported Earnings • Sep 03
Full year 2022 earnings released: EPS: US$0.19 (vs US$0.22 in FY 2021) Full year 2022 results: EPS: US$0.19 (down from US$0.22 in FY 2021). Revenue: US$9.74m (down 6.5% from FY 2021). Net income: US$1.59m (down 13% from FY 2021). Profit margin: 16% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Jul 21
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 5.1%. Within top quartile of American dividend payers (4.2%). Lower than average of industry peers (6.0%). Tillkännagivande • Jul 09
Kentucky First Federal Bancorp Declares Quarterly Dividend, Payable on August 26, 2022 Kentucky First Federal Bancorp announced that the company’s Board of Directors declared a cash dividend of $0.10 per share payable on August 26, 2022, to shareholders of record on July 29, 2022. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 17% share price gain to US$8.69, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 11x in the Mortgage industry in the US. Total returns to shareholders of 38% over the past three years. Reported Earnings • May 03
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: US$0.041 (down from US$0.058 in 3Q 2021). Revenue: US$2.34m (down 11% from 3Q 2021). Net income: US$334.0k (down 29% from 3Q 2021). Profit margin: 14% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Director Lou Ella Farler was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 21
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 16 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.3%. Within top quartile of American dividend payers (3.7%). In line with average of industry peers (5.8%). Tillkännagivande • Apr 07
Kentucky First Federal Bancorp Declares Quarterly Cash Dividend, Payable on May 16, 2022 Kentucky First Federal Bancorp announced that the company’s board of directors declared a cash dividend of $0.10 per share payable on May 16, 2022, to shareholders of record on April 29, 2022. Reported Earnings • Feb 07
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: US$0.059 (up from US$0.045 in 2Q 2021). Revenue: US$2.43m (down 2.2% from 2Q 2021). Net income: US$482.0k (up 30% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Tillkännagivande • Feb 01
Kentucky First Federal Bancorp Appoints Lou Ella Farler as Director Kentucky First Federal Bancorp announced that Lou Ella Farler has been appointed to serve on the Company’s Board of Directors. Mrs. Farler served her entire career at First Federal Savings and Loan of Hazard including six years as the bank’s President and CEO, ending with her retirement in 2018. She has served on the Board of Directors of First Federal of Hazard since 2011. She is a life-long resident of Hazard and has been very active in various community and civic activities including ten years as a City Commissioner. Mrs. Farler will serve until the 2022 annual meeting of the Company at which point she will stand for election to an ongoing term. It is expected that she will be appointed to the Board’s Audit, Compensation and Nominating and Corporate Governance Committees. Upcoming Dividend • Jan 21
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 28 January 2022. Payment date: 14 February 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.5%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (3.5%). Reported Earnings • Nov 06
First quarter 2022 earnings released: EPS US$0.069 (vs US$0.035 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$2.73m (up 12% from 1Q 2021). Net income: US$568.0k (up 99% from 1Q 2021). Profit margin: 21% (up from 12% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Oct 21
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 28 October 2021. Payment date: 15 November 2021. Trailing yield: 5.5%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (3.2%). Reported Earnings • Oct 02
Full year 2021 earnings released: EPS US$0.22 (vs US$1.52 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$10.4m (up 8.3% from FY 2020). Net income: US$1.82m (up US$14.4m from FY 2020). Profit margin: 18% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Net interest margin (NIM): 3.14% (up from 3.05% in FY 2020). Cost-to-income ratio: 79.1% (down from 225.3% in FY 2020). Non-performing loans: 2.22% (down from 2.60% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 28
Full year 2021 earnings released: EPS US$0.22 (vs US$1.52 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$10.4m (up 8.3% from FY 2020). Net income: US$1.82m (up US$14.4m from FY 2020). Profit margin: 18% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jul 22
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 25 August 2021. Trailing yield: 5.7%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (3.4%). Reported Earnings • May 05
Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.029 in 3Q 2020) Third quarter 2021 results: Net income: US$473.0k (up 97% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 24
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 29 April 2021. Payment date: 17 May 2021. Trailing yield: 5.6%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (3.2%). Is New 90 Day High Low • Mar 10
New 90-day high: US$7.70 The company is up 13% from its price of US$6.84 on 09 December 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Mortgage industry, which is up 18% over the same period. Reported Earnings • Feb 01
Second quarter 2021 earnings released: EPS US$0.045 (vs US$0.03 in 2Q 2020) Second quarter 2021 results: Net income: US$370.0k (up 49% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Tillkännagivande • Sep 30
Kentucky First Federal Bancorp announced delayed annual 10-K filing On 09/29/2020, Kentucky First Federal Bancorp announced that they will be unable to file their next 10-K by the deadline required by the SEC. Reported Earnings • Sep 22
Full year earnings released - US$1.52 loss per share Over the last 12 months the company has reported total losses of US$12.5m, with earnings decreasing by US$13.4m from the prior year. 
