secwatch.observer — SEC 8-K summary
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Issuer:     OCEANFIRST FINANCIAL CORP (OCFC)
CIK:        0001004702
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001004702-23-000096
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OceanFirst Q1 net income $26.9M ($0.46 EPS); NIM 3.34%
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- Net income available to common stockholders $26.9M, diluted EPS $0.46 vs $0.42 in Q1 2022 and $0.89 in Q4 2022.
- Net interest margin 3.34% vs 3.64% in prior quarter and 3.18% in prior year quarter.
- Return on average assets 0.82%, return on average tangible common equity 10.53%.
- Board declared quarterly dividend $0.20 per share, payable May 19, record May 8.
- Efficiency ratio 60.78% vs 44.56% in prior linked quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004702/000100470223000096/0001004702-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004702/000100470223000096/ocfc-20230420.htm
  HTML page:      https://secwatch.observer/filing/0001004702-23-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer