Welcome to our dedicated page for Oconee Fed Finl news (Ticker: OFED), a resource for investors and traders seeking the latest updates and insights on Oconee Fed Finl stock.
Oconee Federal Financial Corp. (OFED) is the holding company for Oconee Federal Savings and Loan Association, a federally chartered savings and loan association founded in 1924 and headquartered in Seneca, South Carolina. This news page compiles company announcements and updates related to its activities as a savings institution in the finance and insurance sector.
News releases for Oconee Federal Financial Corp. frequently cover quarterly and annual financial results, highlighting net income for specific reporting periods, total assets, total loans outstanding and book value measures. These updates often explain how factors such as interest margin and acquisition-related items have affected earnings.
Another recurring theme in OFED news is the declaration of quarterly cash dividends on the company’s common stock. The board of directors has repeatedly announced a $0.10 per share quarterly dividend, along with record dates, payment dates and the total amount of dividends paid in a given quarter or fiscal year.
Investors can also find coverage of capital management actions, such as the authorization of a stock repurchase program to buy back a defined number of issued and outstanding shares, with flexibility to execute purchases through open-market transactions, block trades, negotiated private deals or a Rule 10b5-1 trading plan.
Additional news items may include corporate developments such as director appointments and information about acquisitions, including the acquisition of Mutual Savings Bank in Hartsville, South Carolina, and related financial impacts. By reviewing this news feed, readers can follow Oconee Federal Financial Corp.’s reported performance, shareholder distributions, governance changes and other material disclosures released through public announcements.
Oconee Federal Financial Corp (OTCQX: OFED) declared a quarterly cash dividend of $0.10 per share. The dividend is payable to stockholders of record as of May 7, 2026 and will be paid on or about May 21, 2026.
Oconee Federal Financial Corp (OTCQX: OFED) authorized a stock repurchase program to buy up to 50,000 shares, representing approximately 0.86% of outstanding common stock. Purchases may occur via open-market, block trades, negotiated transactions, or a Rule 10b5-1 trading plan. Repurchased shares will be held as treasury shares.
Oconee Federal Financial Corp. (OTCQX: OFED) reported net income of $1.13 million, or $0.19 per diluted share, for the quarter ended March 31, 2026, versus $1.01 million (or $0.17 per diluted share) for the year-ago quarter.
Total assets were $663.1 million and total loans were $491.8 million at March 31, 2026. Stock book value and tangible book value were $15.13 and $14.69, respectively. The company declared and paid a $0.10 quarterly dividend; this marks 58 consecutive quarterly dividends.
Oconee Federal Financial Corp (OTCQX: OFED) announced a quarterly cash dividend of $0.10 per share. The dividend will be payable to stockholders of record as of February 5, 2026 and is scheduled to be paid on or about February 19, 2026.
Oconee Federal Financial Corp (OTCQX: OFED) reported net income of $1.1 million or $0.20 per diluted share for the quarter ended December 31, 2025, up from $978 thousand or $0.17 per diluted share a year earlier. Total assets were $662.4 million and total loans were $485.5 million at December 31, 2025. Stock book value was $15.09 and tangible book value was $14.64. The company paid total dividends of $582 thousand during the quarter and has paid a quarterly dividend of $0.10 per share for 57 consecutive quarters since December 2011. Management cited an improved interest margin and strong capital ratios.
Oconee Federal Financial Corp (OTCQX: OFED) declared a quarterly cash dividend of $0.10 per share. The dividend is payable to shareholders of record as of November 6, 2025 and will be paid on or about November 20, 2025.
This communicates a near-term cash return to common shareholders and a scheduled payment timeline.
Oconee Federal Financial Corp (OTCQX: OFED) reported quarterly net income of $1.3 million or $0.22 per diluted share for the quarter ended September 30, 2025, versus $790,000 or $0.14 per diluted share in the prior-year quarter.
Total assets were $659.0 million (down 1.35% from June 30, 2025). Total loans outstanding were $484.4 million. Stock book value was $14.83 and tangible book value was $14.39 at September 30, 2025. The company declared and paid a quarterly cash dividend of $0.10 per share (record date August 7, 2025; paid August 21, 2025), marking 56 consecutive quarterly dividends. Management cited an improved interest margin as a driver of higher net income.
Oconee Federal Financial Corp. (OTCQX: OFED) reported financial results for the fiscal year ended June 30, 2025, with net income of $4.2 million ($0.73 per diluted share), compared to $6.3 million ($1.10 per diluted share) in the previous year. The company's total assets increased 0.39% to $668.2 million, while total loans grew to $478.7 million.
The company's net interest margin improved significantly from $12.1 million to $15.5 million, largely due to the Mutual Savings Bank acquisition in January 2024 and the current interest rate environment. OFED maintained its quarterly dividend of $0.10 per share, marking 55 consecutive quarters of payments since December 2011.
Oconee Federal Financial Corp. (OTCQX: OFED), the holding company for Oconee Federal Savings and Loan Association, has announced a quarterly cash dividend. The company will pay a dividend of $0.10 per share to stockholders of record as of August 7, 2025. The payment is scheduled to be distributed on or about August 21, 2025.