Kentucky First Federal Bancorp (KFFB) Stock Rises 5.11% Amid Industry Activity

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Oct 02, 2024
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Kentucky First Federal Bancorp (KFFB, Financial) saw its stock surge by 5.11%, recently trading at $2.88 per share with a volume of 18,532 shares and a turnover rate of 0.23%. The stock's fluctuation rate was noted at 3.56%.

Recent financial reports indicate the company generated $16.53 million in revenue but reported a net loss of $1.72 million, translating to earnings per share (EPS) of -$0.21. The gross profit data was not available, and the price-to-earnings (P/E) ratio stood at -13.33. Currently, there are no institutional ratings for buying, holding, or selling the stock.

Within the banking industry, which experienced a minor overall increase of 0.02%, related stocks also showed significant movement. FinVolution Group, Tompkins Financial, and CVB Financial saw notable gains, while FinVolution Group, UWM Holdings Corporation, and Eagle Bancorp Montana displayed high trading volumes with turnover rates of 4.29%, 1.54%, and 1.34%, respectively. Stocks with considerable volatility included Better Home & Finance Holding, FinVolution Group, and Patriot National Bancorp, with fluctuation rates of 41.41%, 37.50%, and 9.60% respectively.

Kentucky First Federal Bancorp primarily operates as a holding company, engaging in public deposit activities via its subsidiaries. The company uses these deposits to provide first residential mortgage loans and other real estate-secured loans. It offers residential mortgages, multi-family loans, construction loans, and various deposit products, primarily serving Perry, Franklin, Boyle, and Garrard counties in Kentucky, USA.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.