Quarterly ResultMay 15, 2026, 01:08 PM
Kentucky First Federal Bancorp Q3 Net Income Jumps to $581K
AI Summary
Kentucky First Federal Bancorp reported a significant increase in net income for both the three and nine months ended March 31, 2026. For the three-month period, net income rose to $581 thousand from $7 thousand, with diluted EPS increasing to $0.07 from $0.00. This improvement was primarily driven by a substantial increase in net interest income, which benefited from higher interest income on loans and lower interest expense on borrowings. Total assets also saw a modest increase.
Key Highlights
- Net income for the three months ended March 31, 2026, was $581 thousand, up from $7 thousand in 2025.
- Diluted EPS for the three months ended March 31, 2026, was $0.07, compared to $0.00 in 2025.
- Net income for the nine months ended March 31, 2026, was $1,229 thousand, up from $5 thousand in 2025.
- Diluted EPS for the nine months ended March 31, 2026, was $0.15, compared to $0.00 in 2025.
- Net interest income for the three months increased 34.5% to $2,867 thousand from $2,131 thousand.
- Net interest income for the nine months increased 33.0% to $8,028 thousand from $6,038 thousand.
- Total assets increased to $374.5 million at March 31, 2026, from $371.2 million at June 30, 2025.
- Total shareholders' equity rose to $49.7 million at March 31, 2026, from $48.4 million at June 30, 2025.
Price Impact
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