In the Q3, Kentucky First Federal Bancorp's corporate clients experienced a reduction by -5.68 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -11.18 %. During the corresponding time, Kentucky First Federal Bancorp saw a revenue deteriorated by -60.98 % year on year, sequentially revenue fell by -61.75 %. While revenue at the Kentucky First Federal Bancorp's corporate clients fell by -7.24 % year on year, sequentially revenue fell by -11.67 %.
Customers of Kentucky First Federal Bancorp saw their costs of revenue decrease by -5.68 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -11.18 %, for the same period Kentucky First Federal Bancorp revnue deteriorated by -60.98 % year on year, sequentially revenue fell by -61.75 %.
Kentucky First Federal Bancorp's Comment on Sales, Marketing and Customers
First Federal of Hazard and First Federal of Frankfort operate in three distinct
market areas.
First Federal of Hazard’s 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. The economy in its market
area has been distressed in recent years. The local economy depends on the coal
industry and other industries, such as health care and manufacturing.
First Federal of Frankfort’s primary lending area includes the Kentucky
counties of Franklin, Boyle, Garrard and surrounding counties, with the majority
of lending originated on properties located in Franklin and Boyle Counties.
Kentucky First Federal Bancorp’s Comment on Sales, Marketing and Customers
First Federal of Hazard and First Federal of Frankfort operate in three distinct
market areas.
First Federal of Hazard’s 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. The economy in its market
area has been distressed in recent years. The local economy depends on the coal
industry and other industries, such as health care and manufacturing.
First Federal of Frankfort’s primary lending area includes the Kentucky
counties of Franklin, Boyle, Garrard and surrounding counties, with the majority
of lending originated on properties located in Franklin and Boyle Counties.
Sources:
Kentucky First Federal Bancorp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Kentucky First Federal Bancorp’s corporate clients.
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