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Oconee Federal Financial Corp. OFED
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 13.49
0 %
$ 75.7 M
Market Cap
18.48
P/E
1. INTRINSIC VALUE

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 and other loans. It operates through its executive office and eight branch offices located in Oconee and Pickens Counties, South Carolina; and Stephens and Rabun Counties, Georgia.[ Read More ]

The intrinsic value of one OFED stock under the base case scenario is HIDDEN Compared to the current market price of 13.5 USD, Oconee Federal Financial Corp. is HIDDEN

OFED Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart OFED

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FINANCIALS
30.7 M REVENUE
46.30%
Growth Rates
1Year 46.30%
3Years 22.84%
5Years 12.88%
7Years 7.94%
10Years 9.74%
7.02 M OPERATING INCOME
175675.00%
Growth Rates
1Year 175675.00%
3Years 11.04%
5Years -3.02%
7Years -2.40%
10Years -0.21%
6.25 M NET INCOME
86.85%
Growth Rates
1Year 86.85%
3Years 15.42%
5Years 10.93%
7Years 1.78%
10Years 5.56%
1.02 M OPERATING CASH FLOW
-83.47%
Growth Rates
1Year -83.47%
3Years -40.90%
5Years -28.70%
7Years -22.63%
10Years -13.75%
-11.9 M INVESTING CASH FLOW
79.37%
Growth Rates
1Year 79.37%
3Years 29.62%
5Years -1.42%
7Years -16.01%
10Years 2.41%
21.7 M FINANCING CASH FLOW
-55.98%
Growth Rates
1Year -55.98%
3Years -5.11%
5Years -7.69%
7Years 23.80%
10Years 13.09%
7.11 M REVENUE
-12.71%
Growth Rates
1Year 46.30%
3Years 22.84%
5Years 12.88%
7Years 7.94%
10Years 9.74%
1.01 M OPERATING INCOME
-46.50%
Growth Rates
1Year 175675.00%
3Years 11.04%
5Years -3.02%
7Years -2.40%
10Years -0.21%
287 K NET INCOME
-54.30%
Growth Rates
1Year 86.85%
3Years 15.42%
5Years 10.93%
7Years 1.78%
10Years 5.56%
2 M OPERATING CASH FLOW
64.23%
Growth Rates
1Year -83.47%
3Years -40.90%
5Years -28.70%
7Years -22.63%
10Years -13.75%
-9.1 M INVESTING CASH FLOW
55.12%
Growth Rates
1Year 79.37%
3Years 29.62%
5Years -1.42%
7Years -16.01%
10Years 2.41%
6.73 M FINANCING CASH FLOW
-65.89%
Growth Rates
1Year -55.98%
3Years -5.11%
5Years -7.69%
7Years 23.80%
10Years 13.09%
Balance Sheet Decomposition Oconee Federal Financial Corp.
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Current Assets 20.1 M
Cash & Short-Term Investments 0
Receivables 0
Other Current Assets 20.1 M
Non-Current Assets 646 M
Long-Term Investments 9.53 M
PP&E 8.72 M
Other Non-Current Assets 627 M
Current Liabilities 74.3 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 74.3 M
Non-Current Liabilities 513 M
Long-Term Debt 56 M
Other Non-Current Liabilities 457 M
EFFICIENCY
Earnings Waterfall Oconee Federal Financial Corp.
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Revenue 30.7 M
Cost Of Revenue 0
Gross Profit 30.7 M
Operating Expenses 3.3 M
Operating Income 7.02 M
Other Expenses 773 K
Net Income 6.25 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
22.91% OPERATING MARGIN
22.91%
Averages
1Year 22.91%
3Years 19.99%
5Years 23.93%
7Years 29.72%
10Years 35.00%
20.39% NET MARGIN
20.39%
Averages
1Year 20.39%
3Years 20.34%
5Years 21.77%
7Years 21.34%
10Years 23.50%
7.93% ROE
7.93%
Averages
1Year 7.93%
3Years 6.01%
5Years 5.41%
7Years 4.97%
10Years 5.30%
0.94% ROA
0.94%
Averages
1Year 0.94%
3Years 0.75%
5Years 0.75%
7Years 0.73%
10Years 0.83%
4.87% ROIC
4.87%
Averages
1Year 4.87%
3Years 3.76%
5Years 3.87%
7Years 4.36%
10Years 5.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Oconee Federal Financial Corp.
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Net Income 6.25 M
Depreciation & Amortization 551 K
Capital Expenditures -91 K
Stock-Based Compensation 0
Change in Working Capital -760 K
Others -6.01 M
Free Cash Flow 926 K
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Oconee Federal Financial Corp.
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OFED has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
5. COMPETITION

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Overvalued 16.77%

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.

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6. Ownership
Insider Ownership Oconee Federal Financial Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Mar 02, 2023
Sell 71.7 USD
Evatt Curtis T
President and CEO
- 3
 23.9 USD
1 year ago
Mar 03, 2023
Sell 4.78 K USD
Evatt Curtis T
President and CEO
- 200
 23.9 USD
1 year ago
Feb 28, 2023
Sell 3.87 K USD
Evatt Curtis T
President and CEO
- 161
 24.0384 USD
1 year ago
Mar 01, 2023
Sell 267 USD
Evatt Curtis T
President and CEO
- 11
 24.2273 USD
2 years ago
Mar 21, 2022
Sell 47.3 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
- 1800
 26.3 USD
3 years ago
Mar 08, 2021
Sell 48.2 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
- 1800
 26.8 USD
4 years ago
Feb 21, 2020
Sell 48.4 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
- 1800
 26.89 USD
5 years ago
Sep 18, 2019
Sell 39.3 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
- 1800
 21.85 USD
6 years ago
Mar 22, 2018
Sell 50.4 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
- 1800
 28 USD
7 years ago
Mar 07, 2017
Bought 35.7 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
+ 1500
 23.7703 USD
7 years ago
Feb 15, 2017
Sell 42 K USD
Latiff Charles Todd
EVP and Chief Banking Officer
- 1800
 23.31 USD
8 years ago
Feb 26, 2016
Sell 36 K USD
Latiff Charles Todd
Senior Vice President
- 1800
 20 USD
9 years ago
Mar 11, 2015
Sell 35.3 K USD
Salter H Allen
SVP and CFO
- 1800
 19.6 USD
10 years ago
Mar 15, 2014
Sell 175 K USD
Sandifer Cecil T Jr.
Director
- 10100
 17.35 USD
7. News
Oconee Federal Financial Corp. Announces Quarterly Dividend SENECA, S.C.--(BUSINESS WIRE)--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: OF. businesswire.com - 3 weeks ago
Oconee Federal Financial Corp. Announces Quarterly Financial Results SENECA, S.C.--(BUSINESS WIRE)--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 dividend. businesswire.com - 3 weeks ago
Oconee Federal Financial Corp. Announces Quarterly Financial Results SENECA, S.C.--(BUSINESS WIRE)--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 sh. businesswire.com - 6 months ago
Oconee Federal Financial Corp. Announces Quarterly Dividend SENECA, S.C.--(BUSINESS WIRE)--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. businesswire.com - 6 months ago
Oconee Federal Completes Acquisition of Mutual Savings Bank SENECA, S.C.--(BUSINESS WIRE)--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. businesswire.com - 9 months ago
Oconee Federal Financial Corp. Announces Quarterly Dividend SENECA, S.C.--(BUSINESS WIRE)--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 8, 2024, and will be paid on or about February 22, 2024. About Oconee Federal Oconee Federal Financial Corp. (OTCQX: OF. businesswire.com - 9 months ago
Oconee Federal Financial Corp. Announces Quarterly Financial Results SENECA, S.C.--(BUSINESS WIRE)--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 $320 thousand, or $0.06 per diluted share, for the quarter ended December 31, 2023, which was less than the net income of $1.1 million, or $0.20 per diluted share, for the quarter ended December 31, 2022. December 31, 2023 Quarter End Summary: Forty-nine consecutive quarterly dividends o. businesswire.com - 9 months ago
Oconee Federal Financial Corp. Announces Quarterly Dividend SENECA, S.C.--(BUSINESS WIRE)--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 9, 2023, and will be paid on or about November 22, 2023. About Oconee Federal Oconee Federal Financial Corp. (OTCQX: OF. businesswire.com - 1 year ago
Oconee Federal Financial Corp. Announces Quarterly Financial Results SENECA, S.C.--(BUSINESS WIRE)--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 $312 thousand, or $0.06 per diluted share, for the quarter ended September 30, 2023, which was less than the net income of $1.3 million, or $0.24 per diluted share, for the quarter ended September 30, 2022. September 30, 2023 Quarter End Summary: Forty-eight consecutive quarterly dividen. businesswire.com - 1 year ago
Oconee Federal Financial Corp. Announces Annual Financial Results SENECA, S.C.--(BUSINESS WIRE)--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 $3.3 million, or $0.60 per diluted share, for the year ended June 30, 2023, which was less than the net income of $4.1 million, or $0.73 per diluted share, for the year ended June 30, 2022. June 30, 2023 Year End Summary: Forty-seven consecutive quarterly dividends of $0.10 per share sin. businesswire.com - 1 year ago
Oconee Federal to Merge With Mutual Savings Bank SENECA, S.C. & HARTSVILLE, S.C.--(BUSINESS WIRE)--Oconee Federal Financial Corp. (NASDAQ: 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”), and Mutual Savings Bank (“Mutual”), a federally-chartered mutual savings bank, today announced the execution of an agreement pursuant to which Mutual will merge with and into Oconee Federal with Oconee Federal as the surviving e. businesswire.com - 1 year ago
Oconee Federal Financial Corp. Announces Voluntary NASDAQ Delisting and SEC Deregistration SENECA, S.C.--(BUSINESS WIRE)--Oconee Federal Financial Corp. (the “Company”) (NASDAQ: OFED), the holding company for Oconee Federal Savings and Loan Association (“Oconee Federal”), announced today that it has notified the NASDAQ Stock Market of the Company's intent to voluntarily delist its common stock from the NASDAQ Capital Market. The Company further intends to withdraw the registration of its common stock with the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Ex. businesswire.com - 1 year ago
8. Profile Summary

Oconee Federal Financial Corp. OFED

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 75.7 M
Dividend Yield 0.00%
Description 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 and other loans. It operates through its executive office and eight branch offices located in Oconee and Pickens Counties, South Carolina; and Stephens and Rabun Counties, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. operates as a subsidiary of Oconee Federal, MHC.
Contact 201 East North Second Street, Seneca, SC, 29678 https://www.oconeefederal.com
IPO Date Jan. 14, 2011
Employees 79
Officers Mr. Harry B. Mays Jr. Secretary & Independent Director Mr. Curtis T. Evatt President, Chief Executive Officer & Director Mr. John W. Hobbs CPA Executive Vice President & Chief Financial Officer Mr. David H. Stafford Executive Vice President & Chief Operating Officer Mr. Charles Todd Latiff Executive Vice President & Chief Banking Officer Lynn Payne Vice President & HR Manager Mr. Scott J. Merriam Senior Vice President & Commercial Loan Officer Ms. Cynthia H. Swafford Senior Vice President & Business Development Officer Sheila Alexander Senior Vice President & Deposit Services Manager of Seneca Main Annex Branch William C. Barker Senior Vice President & Senior Credit Officer of Seneca Main Annex Branch