Oceanfirst Financial (OCFC) Tops Q2 EPS by 10c

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Go back to Oceanfirst Financial (OCFC) Tops Q2 EPS by 10c

OceanFirst Financial Corp. Announces Second Quarter Financial Results

July 28, 2016 5:01 PM EDT

TOMS RIVER, N.J., July 28, 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 were $0.16 for the three months ended June 30, 2016, as compared to $0.31 for the corresponding prior year quarter. For the six months ended June 30, 2016, diluted earnings per share were $0.39, as compared to $0.63 for the corresponding prior year period.

On May 2, 2016, the Company completed its acquisition of Cape Bancorp, Inc. ("Cape"), which added $1.5 billion in assets, $1.2 billion in loans, and $1.2 billion in... More