Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $19.85 USD
Change Today -0.01 / -0.05%
Volume 801.0
As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

oneida financial corp (ONFC) Key Developments

Oneida Financial Corp to Cut 60 Jobs

Oneida Financial Corp. announced that more than 60 employees will lose their jobs as a result of the company's planned acquisition by Community Bank System of DeWitt. The workers are back-office employees at Oneida, according to a layoff notice filed with the state Labor Department. The job cuts will occur in July 2015.

Oneida Financial Corp. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Announces Net Charge-Offs for the Quarter Ended March 31, 2015

Oneida Financial Corp. announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of $5,173,000 against $4,785,000 a year ago. Income before income taxes was $2,634,000 against $2,664,000 a year ago. Net income was $1,971,000 or $0.28 per basic and diluted share against $1,944,000 or $0.28 per basic and diluted share a year ago. Book value per share was $14.06 against $13.52 per share a year ago. Tangible value per share was $10.28 against $9.67 per share a year ago. Return on average assets was 0.96% against 1.02% a year ago. Return on average equity was 8.14% against 8.51% a year ago. Return on average tangible equity was 11.16% against 11.99% a year ago. The increase in net interest income is primarily the result of an increase in average interest-earning assets of $62.8 million partially offset by a decrease in the yield on interest-earning assets of 9 basis points to 3.21%. The increase in net income during the respective first quarter periods is primarily the result of an increase in net interest income, an increase in net investment gains, an increase in non-interest income and a decrease in income tax provision; partially offset by a reduction in the change in fair value of equity investments and an increase in non-interest expenses. The company announced that net charge-offs during the quarter were $5,000 are compared with net charge-offs of $19,000 in the same period last year.

Oneida Financial Corp. Announces Quarterly Dividend, Payable on April 21, 2015

Oneida Financial Corp. announced that the company has declared a quarterly cash dividend of 12 cents per share of the company's common stock. The dividend is payable to stockholders of record as of April 7, 2015 and will be paid on April 21, 2015.

Oneida Financial Corp. Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2014

Oneida Financial Corp. announced unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total interest income of $5,728,000 against $5,773,000 a year ago. Net interest income was $5,089,000 against $5,103,000 a year ago. Income before income taxes was $162,000 against $2,516,000 a year ago. Net income was $294,000 against $1,622,000 a year ago. Diluted net income per common share was $0.04 against $0.23 a year ago. The decrease in net income during the respective fourth quarter periods is the result of recording a noncash pension expense of $1.7 million recognized in connection with the Bank's termination and full distribution of a defined benefit pension plan originally frozen in 2004. For the year, the company reported total interest income of $22,556,000 against $22,403,000 a year ago. Net interest income was $19,922,000 against $19,800,000 a year ago. Income before income taxes was $6,588,000 against $8,542,000 a year ago. Net income was $5,128,000 against $6,086,000 a year ago. Diluted net income per common share was $0.73 against $0.87 a year ago. As on December 31, 2014, return on average assets was 0.15%, return on average equity was 1.23% and return on average tangible equity was 1.70%. Book value per share was $13.81 against $13.20 a year ago. Tangible value per share was $10.02 against $9.33 a year ago. The decrease in net income during the full year ended December 31, 2014 as compared with the same period last year was also primarily the result of recording a noncash pension expense of $1.7 million recognized in connection with the Bank's termination and full distribution of a defined benefit pension plan originally frozen in 2004. For the quarter, net charge-offs were $18,000 as compared with net charge-offs of $80,000 in the same period last year.

Oneida Financial Corp. Announces Quarterly Dividend, Payable on January 20, 2015

Michael R. Kallet, Chairman and Chief Executive Officer of Oneida Financial Corp. announced that the company has declared a quarterly cash dividend of twelve cents ($0.12) per share of the company's common stock. The dividend is payable to stockholders of record as of January 6, 2015 and will be paid on January 20, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ONFC:US $19.85 USD -0.01

ONFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cape Bancorp Inc $9.58 USD -0.01
Citizens Financial Services Inc $48.80 USD -0.20
Old Line Bancshares Inc $15.61 USD -0.03
Republic First Bancorp Inc $3.52 USD +0.03
SI Financial Group Inc $11.66 USD +0.02
View Industry Companies
 

Industry Analysis

ONFC

Industry Average

Valuation ONFC Industry Range
Price/Earnings 27.0x
Price/Sales 2.6x
Price/Book 1.4x
Price/Cash Flow 27.1x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ONEIDA FINANCIAL CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.