Kentucky First Federal Bancorp Reports Earnings
Kentucky First Federal Bancorp reported Q2 net income of $680,000 ($0.08 diluted EPS), up from $176,000 ($0.02 diluted EPS) in the prior year, driven primarily by a 33.9% increase in net interest income to $3.1 million. For the fiscal year, net earnings surged to $1.9 million ($0.24 diluted EPS) compared to $181,000 last year, aided by lower FDIC premiums following the termination of a formal written agreement with the OCC.
Key figures
- Eps
- 0.08
- Assets
- 362400000
- Net income
- 680000
- Net income fy
- 1900000
- Diluted eps fy
- 0.24
- Net interest income
- 3100000
- Book value per share
- 6.22
AI analysis
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