Financial Services -
Banks - Regional - NASDAQ - US
$ 12.72
0.0787 %
$ 71.3 M
Market Cap
17.42
P/E
1. INTRINSIC VALUE
Balance Sheet
Oconee Federal Financial Corp.
| 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.
| 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
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Oconee Federal Financial Corp.
| 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 |
Wall Street Analysts Price Targets
Oconee Federal Financial Corp.
OFED has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.1 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Oconee Federal Financial Corp.
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
- 2 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 $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
- 2 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 $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
- 8 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
- 8 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
- 11 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
- 11 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
- 11 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 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
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
8. Profile
Summary
Oconee Federal Financial Corp. OFED
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 71.3 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. John W. Hobbs CPA
Executive Vice President & Chief Financial Officer
Mr. Curtis T. Evatt
President, Chief Executive Officer & Director
Mr. Harry B. Mays Jr.
Secretary & Independent Director
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