---
schema_version: "secwatch.filing_event.v1"
accession: "0001004702-23-000002"
form_type: "8-K"
ticker: "OCFC"
cik: "0001004702"
company_name: "OCEANFIRST FINANCIAL CORP"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T12:52:08.560789+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# OceanFirst Q4 net income $52.3M, diluted EPS $0.89 vs $0.37 YoY; record annual earnings

## Summary
- Q4 net income available to common stockholders $52.3M, diluted EPS $0.89, up from $0.64 linked quarter and $0.37 YoY.
- Full year 2022 net income available to common $142.6M, diluted EPS $2.42 vs $1.78 in 2021.
- Net interest margin expanded to 3.64% from 2.99% YoY; efficiency ratio improved to 44.56% from 72.04%.
- Board declared common dividend $0.20/share payable Feb 17, 2023; preferred dividend $0.4375/depositary share payable Feb 15.
- Return on average assets 1.62%, return on average tangible common equity 20.97% for Q4.

## SEC filing metadata
- accession: 0001004702-23-000002
- form_type: 8-K
- ticker: OCFC
- cik: 0001004702
- company_name: OCEANFIRST FINANCIAL CORP
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004702/000100470223000002/0001004702-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004702/000100470223000002/ocfc-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001004702-23-000002
- JSON: https://secwatch.observer/filing/0001004702-23-000002.json
- Plain text: https://secwatch.observer/filing/0001004702-23-000002.txt

## Key facts
- Earnings Releases
  OCEANFIRST FINANCIAL CORP reported the year ended December 31, 2022 results: net income $142.6 million, EPS $2.42 per diluted share.
  - Period: the year ended December 31, 2022
  - Net income: $142.6 million
  - EPS: $2.42 per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2022, the Company reported net income available to common stockholders of $142.6 million, or $2.42 per diluted share, as compared to $106.1 million, or $1.78 per diluted share, for the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004702/000100470223000002/0001004702-23-000002-index.htm
- Earnings Releases
  OCEANFIRST FINANCIAL CORP reported the quarter ended December 31, 2022 results: net income $52.3 million, EPS $0.89 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Net income: $52.3 million
  - EPS: $0.89 per diluted share
  - Result: reported results
  source text: OceanFirst Financial Corp. (NASDAQ:“OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $52.3 million, or $0.89 per diluted share, for the quarter ended December 31, 2022, as compared to $37.6 million, or $0.64 per diluted share, for the prior linked quarter, and $21.7 million, or $0.37 per diluted share, for the corresponding prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004702/000100470223000002/0001004702-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.