Oconee Federal Financial Third Quarter 2023 Earnings: EPS: US$0.11 (vs US$0.19 in 3Q 2022)

Oconee Federal Financial (NASDAQ:OFED) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$3.78m (down 11% from 3Q 2022).

• Net income: US$628.0k (down 40% from 3Q 2022).

• Profit margin: 17% (down from 25% in 3Q 2022). The decrease in margin was driven by lower revenue.

• EPS: US$0.11 (down from US$0.19 in 3Q 2022).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Oconee Federal Financial shares are down 12% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Oconee Federal Financial's balance sheet.

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