earnings
confidence high
sentiment negative
materiality 0.65
OceanFirst Q1 net income down 26% YoY to $20.5M; dividend declared at $0.20
OCEANFIRST FINANCIAL CORP
2025-Q1 EPS reported
$0.35
- Net income available to common stockholders: $20.5M ($0.35 EPS) vs $27.7M ($0.47) YoY and $20.9M ($0.36) linked quarter.
- Return on average assets 0.62% (YoY 0.82%), net interest margin 2.90% (YoY 2.81%).
- Efficiency ratio deteriorated to 65.67% from 59.56% in prior-year quarter.
- Quarterly dividend of $0.20 per share declared; payable May 16, record May 5.