earnings
confidence high
sentiment positive
materiality 0.65
OceanFirst Q3 net income $24.1M ($0.42 EPS), up 22% YoY; dividend steady
OCEANFIRST FINANCIAL CORP
2024-Q3 EPS reported
$1.29
- Net income available to common stockholders of $24.1M ($0.42 diluted EPS) in Q3 2024, up from $19.7M ($0.33) a year ago.
- Return on average assets 0.71% and return on average tangible common equity 8.57% (annualized).
- Net interest margin narrowed to 2.67% from 2.91% in prior year quarter.
- Quarterly common dividend of $0.20 per share declared; payable Nov 15, record Nov 4. Preferred $0.4375 per depositary share.