Oceanfirst Financial (OCFC) Reports In-Line Q4 EPS

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OceanFirst Financial Corp. Announces Quarterly and Annual Financial Results

January 23, 2025 4:15 PM EST

RED BANK, N.J., Jan. 23, 2025 (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 $20.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2024, a decrease from $26.7 million, or $0.46 per diluted share, for the corresponding prior year period, and $24.1 million, or $0.42 per diluted share, for the prior linked quarter. For the year ended December 31, 2024, the Company reported net income available to common stockholders of $96.0 million, or $1.65 per diluted share, a decrease from $100.0 million, or $1.70 per diluted share,... More