Kentucky First Federal Bancorp corrects FY2024 interest rate metrics; average earned rate now 4.62% not 6.16%

Kentucky First Federal Bancorp

FY2024 avg rate earned on interest-earning assets corrected from 6.16% to 4.62% (increase of 69 bps vs originally reported 223 bps).
FY2024 avg rate paid on interest-bearing liabilities corrected from 4.17% to 3.13% (increase of 168 bps vs originally reported 272 bps).
Corrected net interest margin is 1.49% versus originally implied 1.99%.
All other FY2024 financial results from the Sep 18, 2024 press release remain unchanged.

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