Net interest income growth accelerated to 34.5% year-over-year in 2026Q3, though profitability remains constrained by a narrow 0.8% net interest margin.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 | Jun'05 | Jun'04 |
|---|
| Net Interest Income | 10.33M | 8.34M | 6.99M | 8.86M | 9.16M | 10.01M | 9.32M | 9.45M | 9.72M | 9.86M | 10.27M | 10.96M | 11.53M | 10.27M | 7.98M | 7.57M | 6.4M | 6.32M | 5.52M | 5.49M | 6.48M | 4.8M | 3.38M |
| NII Growth % | 119.85% | 19.26% | -21.03% | -3.32% | -8.5% | 7.37% | -1.31% | -2.85% | -1.36% | -4.04% | -6.27% | -4.95% | 12.27% | 28.77% | 5.4% | 18.29% | 1.17% | 14.52% | 0.55% | -15.27% | 35.04% | 41.97% | - |
| Net Interest Margin % | 2.76% | 2.24% | 1.87% | 2.54% | 2.79% | 2.96% | 2.9% | 2.86% | 3.05% | 3.2% | 3.52% | 3.7% | 3.85% | 3.17% | 3.58% | 3.35% | 2.7% | 2.63% | 2.23% | 2.04% | 2.47% | 1.75% | 2.42% |
| Interest Income | 20.47M | 19.24M | 16.28M | 12.76M | 10.91M | 12.15M | 12.82M | 12.7M | 11.89M | 11.32M | 11.63M | 12.39M | 13.15M | 11.96M | 10.16M | 10.75M | 11.38M | 12.23M | 13.09M | 12.95M | 12.71M | 8.15M | 5.6M |
| Interest Expense | 10.14M | 10.9M | 9.28M | 3.9M | 1.75M | 2.14M | 3.5M | 3.25M | 2.16M | 1.46M | 1.36M | 1.43M | 1.62M | 1.69M | 2.18M | 3.18M | 4.98M | 5.9M | 7.57M | 7.46M | 6.23M | 3.35M | 2.22M |
| Loan Loss Provision | 54K | 39K | 24K | 113K | -60K | 192K | 103K | 11K | 185K | 242K | 15K | 343K | 580K | 662K | 139K | 668K | 1.04M | 46K | 12K | 0 | 32K | 53K | 10K |
| Non-Interest Income | 557K | 412K | 251K | 292K | 515K | 597K | 399K | 234K | 691K | 362K | 387K | 514K | 344K | 567K | 140K | 242K | 289K | 241K | 182K | 174K | 216K | 263K | -3.41M |
| Non-Interest Income % | 2.65% | 2.1% | 1.52% | 2.24% | 4.51% | 4.68% | 3.02% | 1.81% | 5.49% | 3.1% | 3.22% | 3.98% | 2.55% | 4.53% | 1.36% | 2.2% | 2.48% | 1.93% | 1.37% | 1.33% | 1.67% | 3.13% | -155.17% |
| Total Revenue | 21.03M | 19.65M | 16.53M | 13.05M | 11.43M | 12.75M | 13.22M | 12.93M | 12.58M | 11.68M | 12.02M | 12.9M | 13.49M | 12.53M | 10.3M | 10.99M | 11.67M | 12.47M | 13.27M | 13.12M | 12.93M | 8.42M | 2.19M |
| Revenue Growth % | 39.89% | 18.88% | 26.65% | 14.18% | -10.35% | -3.58% | 2.23% | 2.84% | 7.7% | -2.85% | -6.84% | -4.38% | 7.74% | 21.65% | -6.32% | -5.79% | -6.42% | -6.04% | 1.12% | 1.52% | 53.58% | 283.42% | - |
| Non-Interest Expense | 8.98M | 8.48M | 9.18M | 7.81M | 7.67M | 8.24M | 21.9M | 8.72M | 8.95M | 8.53M | 8.55M | 8.04M | 8.41M | 5.95M | 5.42M | 5.28M | 5.04M | 4.61M | 4.32M | 4.36M | 4.36M | 2.51M | -1.19M |
| Efficiency Ratio | 42.72% | 43.14% | 55.55% | 59.83% | 67.09% | 64.66% | 165.66% | 67.4% | 71.12% | 73.05% | 71.12% | 62.33% | 62.32% | 47.53% | 52.67% | 48.06% | 43.19% | 36.96% | 32.56% | 33.26% | 33.69% | 29.81% | -54.12% |
| Operating Income | 1.85M | 238K | -1.96M | 1.23M | 2.07M | 2.17M | -12.28M | 953K | 1.29M | 1.45M | 2.1M | 3.09M | 2.89M | 4.22M | 2.56M | 1.86M | 604K | 1.91M | 1.37M | 1.3M | 2.31M | 2.5M | 1.15M |
| Operating Margin % | 8.79% | 1.21% | -11.86% | 9.4% | 18.09% | 17.04% | -92.9% | 7.37% | 10.23% | 12.4% | 17.44% | 23.95% | 21.39% | 33.72% | 24.82% | 16.92% | 5.18% | 15.33% | 10.33% | 9.92% | 17.88% | 29.72% | 52.53% |
| Operating Income Growth % | - | 112.14% | -259.74% | -40.64% | -4.83% | 117.68% | -1388.88% | -25.89% | -11.19% | -30.95% | -32.14% | 7.07% | -31.68% | 65.32% | 37.37% | 207.95% | -68.39% | 39.39% | 5.3% | -43.66% | -7.6% | 116.91% | - |
| Pretax Income | 1.85M | 238K | -1.96M | 1.23M | 2.07M | 2.17M | -12.28M | 953K | 1.29M | 1.45M | 2.1M | 3.09M | 2.89M | 4.22M | 2.56M | 1.86M | 604K | 1.91M | 1.37M | 1.3M | 2.31M | 2.5M | 1.15M |
| Pretax Margin % | 8.79% | 1.21% | -11.86% | 9.4% | 18.09% | 17.04% | -92.9% | 7.37% | 10.23% | 12.4% | 17.44% | 23.95% | 21.39% | 33.72% | 24.82% | 16.92% | 5.18% | 15.33% | 10.33% | 9.92% | 17.88% | 29.72% | 52.53% |
| Income Tax | 443K | 57K | -239K | 294K | 477K | 352K | 264K | 141K | -37K | 513K | 596K | 1.02M | 952K | 1.31M | 840K | 104K | 203K | 1.18M | 439K | 417K | 723K | 872K | 392K |
| Effective Tax Rate % | 23.97% | 23.95% | 12.19% | 23.96% | 23.08% | 16.21% | -2.15% | 14.8% | -2.88% | 35.43% | 28.42% | 33.04% | 32.99% | 30.97% | 32.88% | 5.59% | 33.61% | 61.9% | 32.02% | 32.03% | 31.29% | 34.87% | 34% |
| Net Income | 1.41M | 181K | -1.72M | 933K | 1.59M | 1.82M | -12.55M | 812K | 1.32M | 935K | 1.5M | 2.07M | 1.93M | 2.92M | 1.72M | 1.76M | 401K | 728K | 932K | 885K | 1.59M | 1.63M | 761K |
| Net Margin % | 6.68% | 0.92% | -10.41% | 7.15% | 13.91% | 14.28% | -94.89% | 6.28% | 10.52% | 8.01% | 12.49% | 16.04% | 14.33% | 23.28% | 16.66% | 15.98% | 3.44% | 5.84% | 7.02% | 6.74% | 12.29% | 19.36% | 34.67% |
| Net Income Growth % | 230.94% | 110.52% | -284.46% | -41.32% | -12.64% | 114.51% | -1645.2% | -38.62% | 41.5% | -37.71% | -27.45% | 6.98% | -33.68% | 70.03% | -2.33% | 337.91% | -44.92% | -21.89% | 5.31% | -44.27% | -2.52% | 114.06% | - |
| Net Income (Continuing) | 1.41M | 181K | -1.72M | 933K | 1.59M | 1.82M | -12.55M | 812K | 1.32M | 935K | 1.5M | 2.07M | 1.93M | 2.92M | 1.72M | 1.76M | 401K | 728K | 932K | 885K | 1.59M | 1.63M | 761K |
| EPS (Diluted) | 0.17 | 0.02 | -0.21 | 0.11 | 0.19 | 0.22 | -1.52 | 0.10 | 0.16 | 0.11 | 0.18 | 0.25 | 0.23 | 0.36 | 0.23 | 0.23 | 0.05 | 0.11 | 0.12 | 0.11 | 0.19 | 0.19 | 0.11 |
| EPS Growth % | 234.08% | 110.62% | -290.91% | -42.11% | -13.64% | 114.47% | -1620% | -37.5% | 45.45% | -38.89% | -28% | 8.7% | -36.11% | 56.52% | 0% | 360% | -54.55% | -8.33% | 9.09% | -42.11% | 0% | 72.73% | - |
| EPS (Basic) | - | 0.02 | -0.21 | 0.11 | 0.19 | 0.22 | -1.52 | 0.10 | 0.16 | 0.11 | 0.18 | 0.25 | 0.23 | 0.36 | 0.23 | 0.23 | 0.05 | 0.11 | 0.12 | 0.11 | 0.19 | 0.19 | 0.11 |
| Diluted Shares Outstanding | 8.09M | 8.1M | 8.1M | 8.13M | 8.21M | 8.22M | 8.25M | 8.34M | 8.37M | 8.35M | 8.32M | 8.35M | 8.37M | 7.95M | 7.55M | 7.53M | 7.55M | 7.57M | 7.74M | 7.99M | 8.36M | 7.19M | 7.19M |
Narrow Net Interest Margin
As reported in recent quarterly filings, KFFB has achieved a notable acceleration in net interest income, reaching $2.9 million in 2026Q3, which represents a significant 34.5% year-over-year growth rate that suggests successful expansion of the bank's core interest-earning asset base despite a challenging rate environment.
The consistent upward trajectory in NII suggests that the bank is effectively capturing volume growth, likely through its residential mortgage focus. However, investors should monitor whether this growth is sustainable or if it reflects temporary repricing benefits that may dissipate as the interest rate cycle matures.
Based on the provided financial data, KFFB's net interest margin remains historically thin at 0.8% as of 2026Q3, indicating that the institution struggles to maintain a meaningful spread between its asset yields and the rising cost of funding its deposit-heavy balance sheet in the current environment.
The persistent sub-1% NIM suggests that the bank's mortgage-heavy portfolio is highly sensitive to funding cost pressures. This lack of margin expansion implies that the bank may be sacrificing profitability to maintain its competitive position within its localized Kentucky markets.
According to the latest income statement analysis, KFFB's efficiency ratio of 41.0% in 2026Q3 highlights the difficulty of scaling a small-cap thrift, as the high fixed costs of maintaining a physical branch network continue to consume a substantial portion of the bank's total revenue base.
While the efficiency ratio has improved from the volatile levels seen in 2024, the current operating margin remains razor-thin. This suggests that the bank lacks the necessary economies of scale to translate revenue growth into significant bottom-line profitability without a structural change to its cost base.
As indicated by the quarterly data, KFFB's provision for loan losses has fluctuated significantly, reaching $41.0K in 2026Q3, which warrants further investigation into the underlying asset quality of the residential mortgage portfolio and the potential for future credit deterioration in the bank's core Kentucky markets.
The variability in provision expense suggests that management is actively adjusting for perceived credit risks, which could impact earnings stability. Given the thin net margins, even minor increases in loan loss provisions may have a disproportionate effect on the bank's ability to remain profitable.
Quick answers to the most common questions about buying KFFB stock.
Kentucky First Federal Bancorp (KFFB) is profitable, generating $0.2M in net income for the fiscal year ending 2025 with a net profit margin of 0.9%.
Kentucky First Federal Bancorp (KFFB) reported an operating income of $0.2M, resulting in an operating profit margin of 1.2%. This margin reflects the operational efficiency of the business before interest and taxes.
Kentucky First Federal Bancorp (KFFB) generated $8.7M in gross profit for the year, representing a gross profit margin of 44.3%. This demonstrates the company's core pricing power and production efficiency.