Kentucky First Federal Bancorp, Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: K12E1D3C01ABEN
BAC Reports

Abstracts

Kentucky First Federal Bancorp, Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Kentucky First Federal Bancorp, Inc. and its competitors. This provides our Clients with a clear understanding of Kentucky First Federal Bancorp, Inc. position in the Industry.

• The report contains detailed information about Kentucky First Federal Bancorp, Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Kentucky First Federal Bancorp, Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Kentucky First Federal Bancorp, Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Kentucky First Federal Bancorp, Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Kentucky First Federal Bancorp, Inc. business.

About Kentucky First Federal Bancorp, Inc.

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and First Federal Savings Bank of Frankfort that provide various financial products and services in its market area.

Market Area

The company conducts its business through four offices. Its market area consists of Perry County, where the business office is located, as well as the surrounding counties of Letcher, Knott, Breathitt, Leslie, and Clay Counties in eastern Kentucky. Its primary lending area includes the Kentucky counties of Franklin, Anderson, Scott, Shelby, and Woodford, with the majority of lending originated on properties located in Franklin County.

First Federal Savings and Loan Association of Hazard (First Federal of Hazard)

First Federal of Hazard operates from a single office in Hazard, Kentucky as a community-oriented savings and loan association offering traditional financial services to consumers in Perry and surrounding counties in eastern Kentucky. It engages primarily in the business of attracting deposits from the general public and using such funds to originate, when available, loans secured by first mortgages on owner-occupied, residential real estate, and other loans secured by real estate.

First Federal Savings Bank of Frankfort (First Federal of Frankfort)

First Federal of Frankfort primarily engages in the business of attracting deposits from the general public and originating primarily adjustable-rate loans secured by first mortgages on owner-occupied and non-owner-occupied one- to four-family residences in Franklin, Anderson, Scott, Shelby, Woodford, and other counties in Kentucky. It also originates home equity loans and loans secured by churches, multi-family properties, professional office buildings, and other types of property.

Lending Activities

The company's loan portfolio consists of one- to four-family residential mortgage loans. It offers loans churches, commercial real estate, and multi-family real estate. It also offers loans secured by deposit accounts and, through First Federal of Frankfort, home equity loans.

Residential Mortgage Loans: The company’s primary lending activity is the origination of mortgage loans to enable borrowers to purchase or refinance existing homes in the company’s market areas. It offers a mix of adjustable-rate and fixed-rate mortgage loans. It offers various programs for the purchase and refinance of one- to four-family loans.

Construction Loans: The company originates loans to individuals to finance the construction of residential dwellings for personal use or for use as rental property. It also offers construction loans to builders for the construction of a single-family residence for subsequent sale.

Multi-Family and Nonresidential Loans: The company offers mortgage loans secured by multi-family (residential property comprised of five or more units) or nonresidential real estate, which is generally secured by commercial office buildings, churches, condominiums, and properties used for other purposes.

Consumer Lending: The company’s consumer loans include home equity lines of credit and loans secured by savings deposits.

Investment Activities

As of June 30, 2010, the company's investment portfolio included primarily of residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.

Deposits

The company’s deposit products include passbook savings and certificate accounts, and, at First Federal of Frankfort, checking accounts, and individual retirement accounts (IRAs).

Competition

The company’s competitors include Peoples Bank & Trust Company of Hazard, Community Trust Bank, Inc., 1st Trust Bank, Farmers Bank and Capital Trust, Mainsource Bank, Whitaker Bank, Fifth Third Bank, Republic Bank, Commonwealth Credit Union, and Kentucky Employees Credit Union.

History

Kentucky First Federal Bancorp was founded in 1960.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. KENTUCKY FIRST FEDERAL BANCORP, INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. KENTUCKY FIRST FEDERAL BANCORP, INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. KENTUCKY FIRST FEDERAL BANCORP, INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. KENTUCKY FIRST FEDERAL BANCORP, INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. KENTUCKY FIRST FEDERAL BANCORP, INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. Kentucky First Federal Bancorp, Inc. Direct Competitors
5.2. Comparison of Kentucky First Federal Bancorp, Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Kentucky First Federal Bancorp, Inc. and Direct Competitors Stock Charts
5.4. Kentucky First Federal Bancorp, Inc. Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. Kentucky First Federal Bancorp, Inc. Industry Position Analysis

6. KENTUCKY FIRST FEDERAL BANCORP, INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. KENTUCKY FIRST FEDERAL BANCORP, INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. KENTUCKY FIRST FEDERAL BANCORP, INC. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. KENTUCKY FIRST FEDERAL BANCORP, INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. KENTUCKY FIRST FEDERAL BANCORP, INC. PORTER FIVE FORCES ANALYSIS²

12. KENTUCKY FIRST FEDERAL BANCORP, INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Kentucky First Federal Bancorp, Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Kentucky First Federal Bancorp, Inc. 1-year Stock Charts
Kentucky First Federal Bancorp, Inc. 5-year Stock Charts
Kentucky First Federal Bancorp, Inc. vs. Main Indexes 1-year Stock Chart
Kentucky First Federal Bancorp, Inc. vs. Direct Competitors 1-year Stock Charts
Kentucky First Federal Bancorp, Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Kentucky First Federal Bancorp, Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Kentucky First Federal Bancorp, Inc. Key Executives
Kentucky First Federal Bancorp, Inc. Major Shareholders
Kentucky First Federal Bancorp, Inc. History
Kentucky First Federal Bancorp, Inc. Products
Revenues by Segment
Revenues by Region
Kentucky First Federal Bancorp, Inc. Offices and Representations
Kentucky First Federal Bancorp, Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Kentucky First Federal Bancorp, Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Kentucky First Federal Bancorp, Inc. Capital Market Snapshot
Kentucky First Federal Bancorp, Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
Kentucky First Federal Bancorp, Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Kentucky First Federal Bancorp, Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?