Oceanfirst Financial (OCFC) Misses Q4 EPS by 2c

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OceanFirst Financial Corp. Announces Quarterly and Annual Financial Results

January 21, 2016 4:45 PM EST

TOMS RIVER, N.J., Jan. 21, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ: OCFC), (the "Company"), the holding company for OceanFirst Bank (the "Bank"), today announced that diluted earnings per share increased to $0.31 for the quarter ended December 31, 2015, as compared to $0.30 for the corresponding prior year quarter.  For the year ended December 31, 2015, diluted earnings per share increased to $1.21, as compared to $1.19 for the prior year. 

On July 31, 2015, the Company completed its acquisition of Colonial American Bank ("Colonial"), which added $142.4 million to assets, $121.2 million to loans, and $123.3 million to deposits.  The... More