secwatch.observer — SEC 8-K summary
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Issuer:     OCEANFIRST FINANCIAL CORP (OCFC)
CIK:        0001004702
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001004702-24-000112
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OceanFirst Q3 net income $24.1M ($0.42 EPS), up 22% YoY; dividend steady
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004702/000100470224000112/0001004702-24-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004702/000100470224000112/ocfc-20241017.htm
  HTML page:      https://secwatch.observer/filing/0001004702-24-000112

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