OFED - Oconee Federal Financial Corp Stock Price, Fair Value and News

12.82USD0.00 (0.00%)Delayed

Market Summary

USD12.820.00

Delayed

0.00%

OFED Stock Price

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OFED RSI Chart

OFED Valuation

Market Cap

77.9M

Price/Earnings (Trailing)

18.95

Price/Sales (Trailing)

4.26

EV/EBITDA

3.22

Price/Free Cashflow

15.06

OFED Price/Sales (Trailing)

OFED Profitability

Free Cashflow Yield

6.64%

OFED Fundamentals

OFED Revenue

OFED Earnings

Breaking Down OFED Revenue

Last 30 days

-2.4%

Last 90 days

-7.7%

Trailing 12 Months

-34.7%

How does OFED drawdown profile look like?

OFED Financial Health

OFED Investor Care

Dividend Yield

2.88%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	18.3M	0	0	0
2022	16.2M	16.4M	17.0M	17.4M
2021	17.4M	16.6M	16.1M	16.2M
2020	19.2M	18.7M	0	18.1M
2019	18.2M	18.8M	19.2M	19.3M
2018	17.0M	17.0M	17.3M	17.7M
2017	17.2M	17.2M	16.9M	16.9M
2016	18.0M	17.8M	17.8M	17.6M
2015	14.8M	16.2M	17.3M	17.9M
2014	13.1M	13.0M	13.0M	13.5M
2013	14.4M	14.0M	13.6M	13.3M
2012	15.3M	15.3M	15.1M	14.7M
2011	0	15.2M	15.3M	15.3M
2010	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Oconee Federal Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 03, 2023	evatt curtis t	sold	-4,780	23.9	-200	president and ceo
Mar 02, 2023	evatt curtis t	sold	-71.7	23.9	-3.00	president and ceo
Mar 01, 2023	evatt curtis t	sold	-266	24.2273	-11.00	president and ceo
Feb 28, 2023	evatt curtis t	sold	-3,870	24.0384	-161	president and ceo
Aug 25, 2022	stafford david h	acquired	116,400	19.4	6,000	evp and coo
Aug 25, 2022	stafford david h	sold (taxes)	-116,387	26.09	-4,461	evp and coo
Mar 21, 2022	latiff charles todd	sold	-47,340	26.3	-1,800	evp and chief banking officer
Mar 14, 2022	evatt curtis t	acquired	699,999	11.58	60,449	president and ceo
Mar 14, 2022	evatt curtis t	sold (taxes)	-699,987	24.4	-28,688	president and ceo
Feb 17, 2022	evatt curtis t	back to issuer	-43,237	22.95	-1,884	president and ceo

Are Funds Buying or Selling OFED?

Are funds buying OFED calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OFED

No. of Funds

Peers (Alternatives to Oconee Federal Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Oconee Federal Financial Corp News

Latest updates

Oconee Federal Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1	2017Q4
Revenue	7.0%	4,950	4,625	4,484	4,234	4,028	4,265	3,899	3,992	4,017	4,229	4,411	4,719	4,762	4,818	4,940	4,786	4,699	4,421	4,311	4,303	4,259
S&GA Expenses	-39.1%	42.00	69.00	45.00	41.00	39.00	56.00	35.00	74.00	55.00	69.00	46.00	57.00	64.00	44.00	44.00	46.00	59.00	45.00	63.00	57.00	66.00
EBITDA Margin	-9.4%	1.19*	1.32*	1.36*	1.34*	1.51*	1.49*	1.50*	1.15*	0.96*	0.93*	1.12*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-14.6%	3,394	3,975	4,200	4,010	3,781	3,977	3,570	5,565	3,599	3,750	3,706	3,801	3,678	3,631	3,829	3,771	3,882	3,771	3,769	3,822	3,845
Income Taxes	-30.7%	169	244	396	305	304	147	217	418	255	215	344	242	19.00	295	225	202	221	226	219	-125	1,185
Earnings Before Taxes	-40.5%	797	1,340	1,735	1,353	1,348	1,383	988	1,905	1,125	1,286	1,238	1,188	1,109	1,229	1,205	1,154	1,140	1,095	1,148	1,183	1,126
EBT Margin	-14.1%	0.29*	0.33*	0.34*	0.31*	0.35*	0.33*	0.33*	0.26*	0.21*	0.21*	0.25*	-	-	-	-	-	-	-	-	-	-
Net Income	-42.7%	628	1,096	1,339	1,048	1,044	1,236	771	1,487	870	1,071	894	946	1,090	934	980	952	919	869	929	1,308	-59.00
Net Income Margin	-13.8%	0.22*	0.26*	0.27*	0.25*	0.28*	0.27*	0.26*	0.21*	0.17*	0.16*	0.21*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-7.0%	1,178	1,266	1,775	956	2,020	1,214	1,304	1,470	1,263	1,936	1,391	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1
Assets	4.1%	588	565	549	545	540	537	540	544	534	525	520	516	502	503	522	528	512	514	496	488	482
Cash Equivalents	9.5%	8.00	7.00	8.00	10.00	11.00	8.00	19.00	31.00	35.00	36.00	0.00	35.00	26.00	22.00	35.00	37.00	15.00	11.00	7.00	10.00	9.00
Net PPE	-1.1%	8.00	8.00	9.00	9.00	9.00	9.00	0.00	9.00	9.00	9.00	9.00	9.00	9.00	10.00	9.00	8.00	8.00	8.00	8.00	7.00	7.00
Goodwill	0%	3.00	3.00	3.00	3.00	3.00	3.00	0.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Liabilities	4.2%	515	494	480	470	460	449	452	456	447	435	431	427	413	414	433	440	425	428	412	403	398
Shareholder's Equity	2.7%	74.00	72.00	69.00	75.00	80.00	88.00	88.00	88.00	88.00	89.00	89.00	88.00	89.00	89.00	88.00	88.00	87.00	86.00	84.00	85.00	85.00
Retained Earnings	0.1%	84.00	84.00	84.00	83.00	82.00	82.00	0.00	81.00	81.00	80.00	80.00	79.00	79.00	78.00	78.00	77.00	77.00	77.00	76.00	76.00	76.00
Additional Paid-In Capital	0.3%	6.00	6.00	6.00	6.00	6.00	6.00	0.00	6.00	7.00	7.00	7.00	7.00	9.00	10.00	10.00	11.00	11.00	12.00	12.00	12.00	12.00
Shares Outstanding	0%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	32.00	-	-	-	36.00	-	-	-	40.00	-	-	-	40.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1
Cashflow From Operations	-3.7%	1,216	1,263	1,842	1,025	2,063	1,228	1,392	1,511	1,305	2,111	419*	1,441	-28.00	1,861	1,819	980	1,513	1,974	968	1,632	1,230
Share Based Compensation	-14.3%	18.00	21.00	20.00	20.00	22.00	31.00	30.00	17.00	17.00	41.00	21*	21.00	20.00	20.00	19.00	20.00	34.00	36.00	36.00	35.00	86.00
Cashflow From Investing	-30.6%	-20,271	-15,527	-13,183	-11,375	-8,207	-5,632	-12,292	-13,462	-13,433	-7,371	-5.91	-5,232	7,262	5,008	3,941	5,868	7,425	-12,290	-12,055	-5,072	-1,439
Cashflow From Financing	47.2%	19,721	13,396	9,478	8,613	9,937	-6,546	-1,122	7,719	10,543	7,147	3.00	12,261	-2,743	-19,879	-7,819	14,547	-4,827	14,443	8,234	4,436	2,341
Dividend Payments	-1.8%	560	570	548	561	545	547	559	560	561	1,078	561*	568	594	492	575	575	570	492	577	577	571
Buy Backs	-	-	-	-	60.00	410	121	67.00	460	523	249	31*	1,900	1,110	131	796	159	813	94.00	521	-	51.00

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OFED Income Statement

2023-03-31

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME/(LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Interest and dividend income:
Loans, including fees	$ 4,069	$ 3,392	$ 11,521	$ 10,560
Securities, taxable	762	543	2,290	1,336
Securities, tax-exempt	38	86	117	257
Other interest-earning assets	81	7	132	38
Total interest income	4,950	4,028	14,060	12,191
Interest expense:
Deposits	1,184	228	1,805	802
Other borrowings	372	19	685	61
Total interest expense	1,556	247	2,490	863
Net interest income	3,394	3,781	11,570	11,328
Provision for loan losses	50		150
Net interest income after provision for loan losses	3,344	3,781	11,420	11,328
Noninterest income:
Service charges on deposit accounts	106	101	329	304
Income on bank owned life insurance	127	121	356	348
Mortgage servicing income	22	27	66	85
Gain on sale of mortgage loans		33	12	182
ATM & debit card income	116	106	341	329
Change in fair value of equity securities, net	4		(1)	(49)
Loss on sale of securities, net			(84)
Gain on payoff of purchase credit impaired loans	51	70	240	70
Other	7	6	15	11
Total noninterest income	433	464	1,274	1,280
Noninterest expense:
Salaries and employee benefits	1,730	1,689	4,980	5,101
Occupancy and equipment	460	468	1,427	1,443
Data processing	297	266	836	768
ATM & debit card expense	101	86	260	256
Professional and supervisory fees	121	113	355	349
Office expense	42	39	156	131
Advertising	59	61	190	196
FDIC deposit insurance	38	36	108	105
Foreclosed assets, net	(37)		(36)	(1)
Change in loan servicing asset	(22)	(42)	(41)	(39)
Other	191	181	587	579
Total noninterest expense	2,980	2,897	8,822	8,888
Income before income taxes	797	1,348	3,872	3,720
Income tax expense	169	304	809	669
Net income	628	1,044	3,063	3,051
Other comprehensive income/(loss)
Unrealized gains/(losses) on securities available-for-sale	2,378	(9,871)	(4,056)	(11,715)
Tax effect	(501)	2,073	851	2,460
Reclassification adjustment for losses realized in net income			84
Tax effect			(18)
Total other comprehensive income/(loss)	1,877	(7,798)	(3,139)	(9,255)
Comprehensive income/(loss)	$ 2,505	$ (6,754)	$ (76)	$ (6,204)
Basic net income per share: (Note 3)	$ 0.11	$ 0.19	$ 0.55	$ 0.55
Diluted net income per share: (Note 3)	0.11	0.19	0.55	0.55
Dividends declared per share:	$ 0.10	$ 0.10	$ 0.30	$ 0.30

OFED Balance Sheet

2023-03-31

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Jun. 30, 2022
ASSETS
Cash and due from banks	$ 6,174	$ 2,327
Interest-earning deposits	1,392	7,406
Fed funds sold	102
Total cash and cash equivalents	7,668	9,733
Securities available-for-sale	138,013	151,299
Loans	401,727	345,112
Allowance for loan losses	(1,489)	(1,339)
Net loans	400,238	343,773
Loans held for sale, at fair value		152
Premises and equipment, net	8,272	8,579
Accrued interest receivable
Loans	1,083	944
Investments	363	468
Restricted equity securities, at cost	2,651	1,189
Bank owned life insurance	20,754	20,398
Goodwill	2,593	2,593
Core deposit intangible	35	74
Loan servicing rights	386	345
Deferred tax assets	5,546	4,678
Other assets	544	567
Total assets	588,146	544,792
Deposits
Noninterest - bearing	56,803	60,697
Interest - bearing	414,152	398,985
Total deposits	470,955	459,682
Federal Home Loan Bank advances	42,000	9,000
Accrued interest payable and other liabilities	1,584	853
Total liabilities	514,539	469,535
SHAREHOLDERS’ EQUITY
Common stock, $0.01 par value, 100,000,000 shares authorized; 6,606,648 and 6,605,109 shares outstanding, respectively	66	66
Treasury stock, at par, 997,380 and 997,380 shares, respectively	(10)	(10)
Additional paid-in capital	6,105	6,055
Retained earnings	84,173	82,790
Accumulated other comprehensive loss	(16,727)	(13,588)
Unearned ESOP shares		(56)
Total shareholders’ equity	73,607	75,257
Total liabilities and shareholders’ equity	$ 588,146	$ 544,792

About Oconee Federal Financial Corp

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, such as installment loans for various consumer purposes, including the purchase of automobiles, boats, and other legitimate personal purposes. It operates through its executive office and 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. is a subsidiary of Oconee Federal, MHC.

CEO	Mr. Curtis T. Evatt
WEBSITE	oconeefederal.com
INDUSTRY	Banks Diversified
EMPLOYEES	79

Oconee Federal Financial Corp Frequently Asked Questions

What is the ticker symbol for Oconee Federal Financial Corp? What does OFED stand for in stocks?

OFED is the stock ticker symbol of Oconee Federal Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Oconee Federal Financial Corp (OFED)?

As of Thu May 16 2024, market cap of Oconee Federal Financial Corp is 77.91 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OFED stock?

You can check OFED's fair value in chart for subscribers.

What is the fair value of OFED stock?

You can check OFED's fair value in chart for subscribers. The fair value of Oconee Federal Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Oconee Federal Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OFED so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Oconee Federal Financial Corp a good stock to buy?

The fair value guage provides a quick view whether OFED is over valued or under valued. Whether Oconee Federal Financial Corp is cheap or expensive depends on the assumptions which impact Oconee Federal Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OFED.

What is Oconee Federal Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, OFED's PE ratio (Price to Earnings) is 18.95 and Price to Sales (PS) ratio is 4.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OFED PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Oconee Federal Financial Corp's stock?

In the past 10 years, Oconee Federal Financial Corp has provided -0.017 (multiply by 100 for percentage) rate of return.