Oceanfirst Financial (OCFC) Tops Q4 EPS by 5c

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OceanFirst Financial Corp. Announces Record Quarterly and Annual Earnings and Financial Results

January 19, 2023 4:15 PM EST

RED BANK, N.J., Jan. 19, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the Company), the holding company for OceanFirst Bank N.A. (the Bank), announced net income available to common stockholders of $52.3 million, or $0.89 per diluted share, for the quarter ended December 31, 2022, as compared to $37.6 million, or $0.64 per diluted share, for the prior linked quarter, and $21.7 million, or $0.37 per diluted share, for the corresponding prior year period. For the year ended December 31, 2022, the Company reported net income available to common stockholders of $142.6 million, or $2.42 per diluted share, as compared to $106.1 million, or $1.78 per diluted share,... More