Oceanfirst Financial (OCFC) Misses Q2 EPS by 2c

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Oceanfirst Financial Corp. Announces Second Quarter Financial Results

July 20, 2023 4:15 PM EDT

RED BANK, N.J., July 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 $26.8 million, or $0.45 per diluted share, for the three months ended June 30, 2023, as compared to $28.0 million, or $0.47 per diluted share, for the corresponding prior year period, and $26.9 million, or $0.46 per diluted share, for the prior linked quarter. For the six months ended June 30, 2023, the Company reported net income available to common stockholders of $53.7 million, or $0.91 per diluted share, as... More