Oconee Federal Financial Corp. Announces Quarterly Financial Results
SENECA, S.C., April 24, 2025--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 $1.0 million, or $0.17 per diluted share, for the quarter ended March 31, 2025, which was less than the net income of $5 million, or $0.86 per diluted share, for the quarter ended March 31, 2024. However, a $4.9 million bargain purchase gain upon the completion of our acquisition of Mutual