earnings
confidence high
sentiment negative
materiality 0.50
Kentucky First Federal Bancorp Q3 EPS falls to $0.04 from $0.06 YoY
Kentucky First Federal Bancorp
2023-Q3 EPS reported
$0.17
- Net earnings for quarter ended March 31, 2022: $334,000 ($0.04 diluted EPS), down 29.4% from $473,000 ($0.06) a year ago.
- Nine-month net earnings rose 22.7% to $1.4M ($0.17 diluted EPS) vs $1.1M ($0.14) prior year.
- Net interest income fell 12.7% to $2.1M; non-interest income down 48.4% to $94,000 due to lower loan sales.
- Negative provision for loan losses of $106,000 recorded vs none a year earlier; non-interest expense down 7.3% on lower pension costs.
- Loans net decreased 9.6% to $269.4M; deposits up 5.2% to $238.6M; book value per share $6.41.