other material
confidence medium
sentiment neutral
materiality 0.50
OceanFirst corrects EVE sensitivity error in Jan 19 investor presentation
OCEANFIRST FINANCIAL CORP
- Amendment corrects a reversal in how economic value of equity changes with interest rates.
- Previously presented EVE sensitivity to basis-point rate shifts was inverted in original filing.
- Corrected EVE change directions were disclosed in this 8-K/A on January 20, 2023.
- No other financial statement or exhibit items were amended.