Oconee Federal Financial Corp. Announces Quarterly Financial Results
Business Wire•19/10/2026•11:02 ET
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Key Highlights
- ➤Net income $1.5 million, or $0.26 per diluted share, for September 30 quarter
- ➤Net income rose from $1.3 million, or $0.22 per diluted share, year over year
- ➤Total loans outstanding increased to $503.6 million from $499.4 million
- ➤Total assets fell 1.4% to $668.2 million from June 30
- ➤Quarterly dividend remains $0.10 per share after 60 consecutive payments
Expert Statements
Curtis T. Evatt, President and Chief Executive Officer of Oconee Federal Financial Corp.
“Oconee Federal generated another solid quarter’s earnings for the period ending September 30, 2026. We have an increase of $258 thousand in net income when compared to the prior year’s comparable quarter. This increase was significantly aided by an improved interest margin.”
Curtis T. Evatt, President and Chief Executive Officer of Oconee Federal Financial Corp.
“As always, our capital ratios remain among some of the highest in the industry and we are looking forward to the opportunity of providing the best products and services to our customers in the coming year.”
Oconee Federal Financial Corp. Announces Quarterly Financial Results
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 $1.5 million, or $0.26 per diluted share, for the quarter ended September 30, 2026, which was more than the net income of $1.3 million, or $0.22 per diluted share, for the quarter ended September 30, 2025.
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