Business Context and Reporting Period
Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: January 23, 2025
Reporting Period: Quarter ended December 31, 2024
This filing serves as a notification of the Company's financial results for the fourth quarter of 2024 and the declaration of a quarterly cash dividend. Detailed financial metrics are contained in the attached press release (Exhibit 99.1) and investor presentation (Exhibit 99.2), which are not included in the text of this 8-K.
Key Financial Metrics
The text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being available in the attached press release (Exhibit 99.1).
Material Changes and Corporate Actions
- Dividend Declaration: The Board of Directors declared a regular quarterly cash dividend of $0.20 per share on outstanding common stock.
- Payment Details: The dividend is payable on February 14, 2025, to stockholders of record at the close of business on February 3, 2025.
- Investor Communications: The Company scheduled presentations for current and prospective investors following January 23, 2025, with materials provided in Exhibit 99.2.
Guidance, Outlook, and Risks
The filing text does not contain specific guidance, outlook statements, risk factors, or management commentary beyond the announcement of the dividend and the availability of the investor presentation. No unusual items or contingencies are described in the body of this report.
Key Facts for Investor Verification
- Verify the full Q4 2024 financial results (revenue, net income, EPS) in the attached press release (Exhibit 99.1).
- Confirm the record date (February 3, 2025) and payment date (February 14, 2025) for the $0.20 per share dividend.
- Review the investor presentation (Exhibit 99.2) for management's commentary on the quarter and future outlook.
- Check the Company's website (www.oceanfirst.com) for the posted presentation materials.