OceanFirst Q2 net income $26.8M, EPS $0.45; declares dividends

OCEANFIRST FINANCIAL CORP

2023-Q2 EPS reported $0.91

Net income available to common stockholders $26.8M ($0.45/diluted) vs $28.0M ($0.47) in Q2 2022.
Return on average assets 0.80%; return on average tangible common equity 10.21%.
Net interest margin 3.02% down from 3.34% prior quarter and 3.29% year ago.
Common dividend $0.20/share payable Aug 18; preferred dividend $0.4375/share payable Aug 15.
Efficiency ratio 62.28% vs 59.65% a year ago.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

OCEANFIRST FINANCIAL CORP reported the six months ended June 30, 2023 results: net income $53.7 million, EPS $0.91 per diluted share.

Period: the six months ended June 30, 2023
Net income: $53.7 million
EPS: $0.91 per diluted share
Result: reported results

Exact text from the filing

For the six months ended June 30, 2023, the Company reported net income available to common stockholders of $53.7 million, or $0.91 per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

OCEANFIRST FINANCIAL CORP reported the three months ended June 30, 2023 results: net income $26.8 million, EPS $0.45 per diluted share.

Period: the three months ended June 30, 2023
Net income: $26.8 million
EPS: $0.45 per diluted share
Result: reported results

Exact text from the filing

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 $26.8 million, or $0.45 per diluted share, for the three months ended June 30, 2023

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20 earnings releases filed in the last 30 days. Browse all earnings releases →

OCEANFIRST FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001004702-23-000131

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