Business Context and Reporting Period
Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: October 24, 2022
Reporting Period: Quarter ended September 30, 2022
This filing serves as a notification of the Company's financial results for the third quarter of 2022, the declaration of a quarterly dividend, and the scheduling of investor presentations.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended September 30, 2022. However, the specific numerical values for revenue, profit, cash flow, margins, debt, and liquidity are not included in the body of this Form 8-K.
Dividend Declaration:
- Amount: $0.20 per share
- Record Date: November 7, 2022
- Payment Date: November 18, 2022
Material Changes
The filing does not provide specific comparative data or material changes in financial performance versus the prior period. It solely announces the release of the Q3 2022 results and the dividend declaration.
Guidance, Outlook, and Management Commentary
Investor Presentations: The Company scheduled presentations for current and prospective investors to occur after October 24, 2022. A copy of the presentation materials is attached as Exhibit 99.2 and posted on the Company's website.
Regulation FD: The presentation materials are furnished under Regulation FD but are not deemed "filed" for any purpose.
Risks and Contingencies: No specific risks, contingencies, or unusual items are detailed in the text of this filing.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2022 revenue, net income, and earnings per share figures.
- Examine Exhibit 99.2 (Investor Presentation) for management's outlook, guidance, and discussion of market conditions.
- Verify the dividend payment schedule and eligibility based on the November 7, 2022 record date.
- Check the Company's website (www.oceanfirst.com) for the full text of the investor presentation.