Kentucky First Federal Bancorp

Kentucky First Federal Bancorp announced its Board of Directors will hold a special meeting on July 28, 2026, to consider declaring a quarterly dividend of up to $0.10 per share. The company had previously suspended dividend payments in January 2024, with the last dividend paid in November 2023. This consideration follows a meeting of First Federal MHC members on the same day to vote on waiving their right to receive dividends, a practice they have approved historically.

Kentucky First Federal Bancorp announced that its Board of Directors will hold a special meeting on July 28, 2026, to consider declaring a quarterly dividend of up to $0.10 per share. This follows the Company's suspension of dividend payments since November 2023. Concurrently, members of First Federal MHC, which holds 58.5% of the Company's stock, will vote on a proposal to waive their right to receive quarterly dividends aggregating up to $0.40 per share.

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.

Kentucky First Federal Bancorp reported a substantial increase in net income for the three months ended March 31, 2026, reaching $581,000, or $0.07 diluted EPS, compared to $7,000, or $0.00 diluted EPS, in the prior year. This growth was primarily driven by a 34.5% increase in net interest income to $2.9 million. For the nine-month period, net earnings also saw a significant rise to $1.2 million, or $0.15 diluted EPS. The company's total assets grew to $374.5 million, and shareholders' equity increased to $49.7 million, with book value per share at $6.14.