Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia. It offers deposit products, including demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. The company's loan portfolio comprises one-to-four family and multi-family residential mortgage loans; home equity loans and lines of credit; nonresidential real estate loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer loans. It operates through its executive office and eight branch offices located in Oconee County, South Carolina; Pickens County, South Carolina; Stephens County, Georgia; and Rabun County, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. is a subsidiary of Oconee Federal, MHC.
IPO Year: 2011
Exchange: NASDAQ
Website: oconeefederal.com
| Date | Price Target | Rating | Analyst |
|---|
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association, announced an authorized stock repurchase program pursuant to which the Company intends to purchase up to 50,000 of its issued and outstanding shares of common stock, which represents approximately 0.86% of the Company's issued and outstanding shares. The timing of the purchases will depend on certain factors, including but not limited to, market conditions and prices, available funds and alternative uses of capital. The stock repurchase program may be carried out through open-market purchases, block trades, negotiated private transactions and pursuant to a tradin
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of May 8, 2025, and will be paid on or about May 22, 2025. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina. Oconee
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $1.0 million, or $0.17 per diluted share, for the quarter ended March 31, 2025, which was less than the net income of $5 million, or $0.86 per diluted share, for the quarter ended March 31, 2024. However, a $4.9 million bargain purchase gain upon the completion of our acquisition of Mutual Savings Bank in Hartsville, SC, was included in the income for last year's quarter ended March 31, 2024. March 31, 2025 Quarter End Summary: Fifty-four consecutive quarterly dividends of $0.10 per share since the quarter ended
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of February 6, 2025, and will be paid on or about February 20, 2025. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carol
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $978 thousand, or $0.17 per diluted share, for the quarter ended December 31, 2024, which was more than the net income of $320 thousand, or $0.06 per diluted share, for the quarter ended December 31, 2023. December 31, 2024 Quarter End Summary: Fifty-three consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $658.1 million, a decrease of 1.13% from $665.6 million at June 30, 2024. Total loans outstanding were $472.5 million, up from $469.7 million at
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of November 7, 2024, and will be paid on or about November 21, 2024. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolin
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $790 thousand, or $0.14 per diluted share, for the quarter ended September 30, 2024, which was more than the net income of $312 thousand, or $0.06 per diluted share, for the quarter ended September 30, 2023. September 30, 2024 Quarter End Summary: Fifty-two consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $660.8 million, a decrease of 0.72% from $665.6 million at June 30, 2024. Total loans outstanding were $468.6 million, down from $469.7 million at
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $6.3 million, or $1.10 per diluted share, for the year ended June 30, 2024, which was more than the net income of $3.3 million, or $0.60 per diluted share, for the year ended June 30, 2023. June 30, 2024 Year End Summary: Fifty-one consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $665.6 million, an increase of 11.8% from $595.4 million at June 30, 2023. Total loans outstanding were $469.7 million, up from $411.5 million at June 30, 2023. "The
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of August 8, 2024, and will be paid on or about August 22, 2024. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina.
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $3.9 million, or $0.57 per diluted share, for the quarter ended March 31, 2024, which was more than the net income of $628 thousand, or $0.11 per diluted share, for the quarter ended March 31, 2023. March 31, 2024 Quarter End Summary: Fifty consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $663.2 million, an increase of 11.4% from $595.4 million at June 30, 2023. Total loans outstanding were $473.1 million, up from $413.0 million at June 30, 2023.
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of May 8, 2025, and will be paid on or about May 22, 2025. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina. Oconee
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $1.0 million, or $0.17 per diluted share, for the quarter ended March 31, 2025, which was less than the net income of $5 million, or $0.86 per diluted share, for the quarter ended March 31, 2024. However, a $4.9 million bargain purchase gain upon the completion of our acquisition of Mutual Savings Bank in Hartsville, SC, was included in the income for last year's quarter ended March 31, 2024. March 31, 2025 Quarter End Summary: Fifty-four consecutive quarterly dividends of $0.10 per share since the quarter ended
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of February 6, 2025, and will be paid on or about February 20, 2025. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carol
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $978 thousand, or $0.17 per diluted share, for the quarter ended December 31, 2024, which was more than the net income of $320 thousand, or $0.06 per diluted share, for the quarter ended December 31, 2023. December 31, 2024 Quarter End Summary: Fifty-three consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $658.1 million, a decrease of 1.13% from $665.6 million at June 30, 2024. Total loans outstanding were $472.5 million, up from $469.7 million at
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of November 7, 2024, and will be paid on or about November 21, 2024. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolin
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $790 thousand, or $0.14 per diluted share, for the quarter ended September 30, 2024, which was more than the net income of $312 thousand, or $0.06 per diluted share, for the quarter ended September 30, 2023. September 30, 2024 Quarter End Summary: Fifty-two consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $660.8 million, a decrease of 0.72% from $665.6 million at June 30, 2024. Total loans outstanding were $468.6 million, down from $469.7 million at
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $6.3 million, or $1.10 per diluted share, for the year ended June 30, 2024, which was more than the net income of $3.3 million, or $0.60 per diluted share, for the year ended June 30, 2023. June 30, 2024 Year End Summary: Fifty-one consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $665.6 million, an increase of 11.8% from $595.4 million at June 30, 2023. Total loans outstanding were $469.7 million, up from $411.5 million at June 30, 2023. "The
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of August 8, 2024, and will be paid on or about August 22, 2024. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina.
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today net income of $3.9 million, or $0.57 per diluted share, for the quarter ended March 31, 2024, which was more than the net income of $628 thousand, or $0.11 per diluted share, for the quarter ended March 31, 2023. March 31, 2024 Quarter End Summary: Fifty consecutive quarterly dividends of $0.10 per share since the quarter ended December 2011. Total assets were $663.2 million, an increase of 11.4% from $595.4 million at June 30, 2023. Total loans outstanding were $473.1 million, up from $413.0 million at June 30, 2023.
Oconee Federal Financial Corp. (OTCQX:OFED) (the "Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), announced today that the Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company's common stock. The dividend will be payable to stockholders of record as of May 9, 2024, and will be paid on or about May 23, 2024. About Oconee Federal Oconee Federal Financial Corp. (OTCQX:OFED) is the holding company of Oconee Federal Savings and Loan Association. Oconee Federal Savings and Loan Association is a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina. Ocone
Oconee Federal Financial Corp. (OTC:OFED) ("the Company"), the holding company for Oconee Federal Savings and Loan Association ("Oconee Federal"), and the majority-owned subsidiary of Oconee Federal, MHC ("the MHC"), has completed its acquisition of Mutual Savings Bank ("Mutual"). Mutual's office has become a branch office of Oconee Federal. As part of the transaction, the Company has issued 230,215 shares of its common stock to the MHC, or $3.2 million, which is equal to the fair value of Mutual as determined by a third-party appraisal. The transaction has increased the Company's consolidated assets to approximately $660 million. Furthermore, the transaction was immediately accretive to
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4 - Oconee Federal Financial Corp. (0001501078) (Issuer)
4/A - Oconee Federal Financial Corp. (0001501078) (Issuer)
4/A - Oconee Federal Financial Corp. (0001501078) (Issuer)
4/A - Oconee Federal Financial Corp. (0001501078) (Issuer)
15-12G - Oconee Federal Financial Corp. (0001501078) (Filer)
8-K - Oconee Federal Financial Corp. (0001501078) (Filer)
S-8 POS - Oconee Federal Financial Corp. (0001501078) (Filer)
S-8 POS - Oconee Federal Financial Corp. (0001501078) (Filer)
25 - Oconee Federal Financial Corp. (0001501078) (Filer)
8-K - Oconee Federal Financial Corp. (0001501078) (Filer)
8-K - Oconee Federal Financial Corp. (0001501078) (Filer)
11-K - Oconee Federal Financial Corp. (0001501078) (Filer)
10-Q - Oconee Federal Financial Corp. (0001501078) (Filer)
8-K - Oconee Federal Financial Corp. (0001501078) (Filer)