Oceanfirst Financial (OCFC) Misses Q1 EPS by 9c

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Go back to Oceanfirst Financial (OCFC) Misses Q1 EPS by 9c

OceanFirst Financial Corp. Announces First Quarter Financial Results

April 20, 2023 4:30 PM EDT

RED BANK, N.J., April 20, 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 $26.9 million, or $0.46 per diluted share, for the quarter ended March 31, 2023, as compared to $24.8 million, or $0.42 per diluted share, for the corresponding prior year period, and $52.3 million, or $0.89 per diluted share, for the prior linked quarter. Selected performance metrics are as follows (refer to Selected Quarterly Financial Data for additional information):

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