Oconee Federal

  • Oconee Federal Financial Corp. Reports Annual Financial Results

    Oconee Federal Financial Corp. (OFED) reported a net income of $4.2 million ($0.73 per diluted share) for fiscal year 2025, down from $6.3 million the previous year. Total assets grew slightly to $668.2 million, with the loan portfolio expanding to $478.7 million. The company maintained its $0.10 per share dividend for the 55th consecutive quarter. CEO Curtis T. Evatt cited the Mutual Savings Bank acquisition and interest rate environment as factors boosting net interest margin. The board declared a $0.10 dividend payable August 21, 2025.

    7 hours ago