OceanFirst Financial Corp. Announces First Quarter Earnings and Financial Results
OceanFirst Financial Corp. (OCFC)
Last oceanfirst financial corp. earnings: 4/23 08:40 pm
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US:NASDAQ Investor Relations:
oceanfirstonline.com/home/home
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Source: GlobeNewswire
RED BANK, N.J., April 23, 2020 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that net income was $16.5 million, or $0.27 per diluted share, for the quarter ended March 31, 2020, as compared to $21.2 million, or $0.42 per diluted share, for the corresponding prior year period. The results of operations for the quarter ended March 31, 2020 include merger related expenses, branch consolidation expenses, and the Two River Bancorp (“Two River”) and Country Bank Holding Company, Inc. (“Country Bank”) opening credit loss expense under the Current Expected Credit Loss (“CECL”) model, which decreased net income, net of tax benefit, by $10.4 million. Excluding these items, core earnings for the quarter ended March 31, 2020 was $27.0 million, or $0.45 per diluted share. (Please refer to the Non-GAAP Reconciliation table at the end of this document for details on the earnings impact of
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OCFC
News
- OceanFirst Financial Corp. (NASDAQ: OCFC) had its price target raised by analysts at DA Davidson from $20.00 to $22.00. They now have a "neutral" rating on the stock.MarketBeat
- OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moody's Investment Grade Ratings [Yahoo! Finance]Yahoo! Finance
- OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moody’s Investment Grade RatingsGlobeNewswire
- OceanFirst Financial Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- OceanFirst Financial (NASDAQ:OCFC) Has Affirmed Its Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
OCFC
Earnings
- 10/17/24 - Beat
OCFC
Sec Filings
- 11/13/24 - Form 4
- 11/6/24 - Form 8-K
- 10/31/24 - Form 10-Q
- OCFC's page on the SEC website