Executive Summary
Kentucky First Federal Bancorp (KFFB) reported QQ3 2025 results with total revenue of 4.846 million and net income of 7 thousand, translating to a net margin of 0.14%. The quarter shows a material divergence between operating results and EBITDA: operating income was a negative 45 thousand despite EBITDA of 2.936 million, reflecting a very high interest expense of 2.715 million and non-operating contributions that partially offset the bottom line. Year-over-year, revenue grew ~159%, and net income rose by ~106% versus the prior-year period, while the quarter-over-quarter metrics show a general deceleration in revenue (-2.2%) and a meaningful squeeze in net income (-46.15%). The balance sheet remains liquidity-rich, with total assets of 380.7 million and sizable investments (long-term investments of ~331.0 million) supporting a robust cash position, yet profitability remains a challenge due to elevated interest costs and a concentrated earnings base. The stock trades at a price-to-book of ~0.50, implying a potential undervaluation relative to book value, but the market appears to be discounting earnings risk given the limited earnings power in the near term.
Key Performance Indicators
QoQ: -2.20% | YoY:159.01%
QoQ: -3.53% | YoY:-49.87%
QoQ: -850.00% | YoY:68.97%
QoQ: -46.15% | YoY:106.54%
QoQ: -37.50% | YoY:107.58%
Key Insights
Revenue: 4,846,000; YoY +159.01%; QoQ -2.20%. Gross Profit: 2,131,000; YoY -49.87%; QoQ -3.53%. Operating Income: -45,000; YoY +68.97%; QoQ -850.00%. Net Income: 7,000; YoY +106.54%; QoQ -46.15%. EPS: 0.001; YoY +107.58%; QoQ -37.50%. EBITDA: 2,936,000; EBITDARatio: 0.6059. Net Profit Margin: 0.144%. Operating Margin: -0.93%. Gross Margin: 43.97%....
Financial Highlights
Revenue: 4,846,000; YoY +159.01%; QoQ -2.20%. Gross Profit: 2,131,000; YoY -49.87%; QoQ -3.53%. Operating Income: -45,000; YoY +68.97%; QoQ -850.00%. Net Income: 7,000; YoY +106.54%; QoQ -46.15%. EPS: 0.001; YoY +107.58%; QoQ -37.50%. EBITDA: 2,936,000; EBITDARatio: 0.6059. Net Profit Margin: 0.144%. Operating Margin: -0.93%. Gross Margin: 43.97%.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
4.85M |
159.01% |
-2.20% |
| Gross Profit |
2.13M |
-49.87% |
-3.53% |
| Operating Income |
-45.00K |
68.97% |
-850.00% |
| Net Income |
7.00K |
106.54% |
-46.15% |
| EPS |
0.00 |
107.58% |
-37.50% |
Key Financial Ratios
operatingProfitMargin
-0.93%
operatingCashFlowPerShare
$-0.02
freeCashFlowPerShare
$-0.02
priceEarningsRatio
861.94
Management Commentary
Note: The earnings transcript for QQ3 2025 is not provided in the data set. Consequently, there are no management quotes available in this report. Typical themes that would inform interpretation include (a) net interest income evolution in a rising-rate environment, (b) deposit growth and cost of funds, (c) loan portfolio mix and credit quality signals in Kentucky, and (d) expense discipline and potential fee-based revenue opportunities. Given the numbers, investors would likely watch interest expense dynamics, any commentary on balance sheet yield, and steps to translate liquidity into sustainable earnings.
Transcript not available in the provided dataset.
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Transcript not available in the provided dataset.
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Forward Guidance
No formal forward guidance was provided in the supplied data. Based on the current financial profile, the near-term trajectory for profitability hinges on: (1) reducing the fixed burden of interest expense through liability management or asset re-pricing, (2) expanding net interest income via loan growth or higher-yielding assets, and (3) containing operating expenses to translate revenue opportunities into bottom-line gains. Key factors to monitor include rate environment developments, deposit costs, loan origination and mix, credit quality indicators, and the ongoing utilization/evaluation of the large investment portfolio that could affect earnings if risk/reward dynamics shift.