Oconee Federal Financial (OFED) Reports Q2 EPS of $0.21

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Oconee Federal Financial Corp. Announces Three Month and Year Ended Financial Results

September 4, 2015 12:05 PM EDT

SENECA, S.C.--(BUSINESS WIRE)-- Oconee Federal Financial Corp. (Nasdaq: OFED) (the Company), the holding company for Oconee Federal Savings and Loan Association (Oconee Federal), announced today net income of $1.2 million, or $0.21 per diluted share, for the three months ended June 30, 2015, compared to net income of $854 thousand, or $0.15 per diluted share, for the three months ended June 30, 2014. The Company had net income of $4.5 million, or $0.78 per diluted share, for the year ended June 30, 2015, compared to net income of $3.6 million, or $0.64 per diluted share, for the year ended June 30, 2014.

June 30, 2015 Three Months and Year Ended Highlights:... More