LOGO
LOGO

Quick Facts

Kentucky First Federal Bancorp Q4 Profit Declines - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Kentucky First Federal Bancorp (KFFB) reported a decline in fourth quarter profit, due primarily to a decrease in net interest income and an increase in provision for loan losses.

For the quarter, net income was $378,000 or $0.05 per share, compared to $555,000 or $0.07 per share for the year-ago quarter.

Net interest income for fourth quarter dropped 3.6% to $1.9 million from $2.0 million in the comparable quarter last year, while the provision for loan losses for the recently-ended quarterly period was $57,000, compared to no provision for the same period a year ago. Non-interest income for the quarter fell to $21,000 from $23,000 a year earlier.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19