Login

HOPFED BANCORP INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed May 9, 2019. Its latest SEC filing is a SC 13G/A from Feb 13, 2020.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Takes deposits and makes mortgage, consumer and commercial loans for the public through retail banking offices in western Kentucky and middle and western Tennessee.

How Did They Make Money?

Earns interest on loans and securities and service-charge income, including charges tied to overdraft checking; it pays interest on deposits and borrowings.

FY2018 revenue

Who Were Their Customers?

Serves the general public through retail banking offices, accepting deposits and providing mortgage, consumer, construction and commercial loans.

Did Revenues Turn Into Profits?

Yes. It kept 16 cents of every revenue dollar as net income in FY2018 and turned 17 cents into free cash flow.

Net income, FY2018
16% of revenue
▲ +72% vs FY2017 ($3.3M, 9%)
Free cash flow, FY2018
17% of revenue
▼ −21% vs FY2017 ($7.8M, 22%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q1 FY2019, the three months to Mar 31, 2019
Revenue
▼ −6%
vs $706K in Q1 FY2018
Net income
▼ −45%
vs $1.1M in Q1 FY2018
  • Jul 29, 2019 HopFed merged into First Financial and was delisted Shareholders could receive 0.444 First Financial shares or $21.00 in cash per HopFed share, subject to proration.

Who Did They Compete With?

Competes with Community Financial Services Bank, Planters Bank of Kentucky, U.S. Bank, F&M Bank of Clarksville, Tennessee, and Regions Bank

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support