Kentucky First Federal Bancorp Releases Earnings

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Nov. 02, 2026 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the “Company”) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced net income of $919,000 or $0.11 diluted earnings per share for the three months ended September 30, 2026, compared to net income of $344,000 or $0.04 diluted earnings per share for the three months ended September 30, 2025, an increase of $575,000.

The increase in net income for the quarter ended September 30, 2026 was primarily attributable to higher net interest income, decreased non-interest expense, and slightly higher non-interest income, which were partially offset by increased provision for credit losses and higher income tax expense. Net interest income increased $639,000 or 25.5% to $3.1 million due primarily to both an increase in interest income as well as a decrease in interest expense. Interest income increased $159,000 or 3.1%, to $5.2 million, while interest expense decreased $480,000 or 18.8% to $2.1 million for the recently-ended quarter.