Business Context and Reporting Period
OceanFirst Financial Corp. filed this Form 8-K on October 26, 2018, to report events occurring on October 25, 2018. The filing primarily serves to announce the Company's financial results for the quarter ended September 30, 2018, and to declare a regular quarterly cash dividend.
Key Financial Metrics
This filing references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended September 30, 2018. The text of this 8-K does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these metrics.
Material Changes and Dividend Declaration
The Board of Directors declared a regular quarterly cash dividend of $0.17 per share on the Company's outstanding common stock. Key dates for this dividend are:
- Record Date: November 5, 2018
- Payment Date: November 16, 2018
Specific material changes in financial performance compared to the prior period are not detailed in this filing text.
Guidance, Outlook, and Risks
The filing does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies beyond the reference to the attached press release. No unusual items are described in the text of this report.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated October 25, 2018) for specific Q3 2018 revenue, earnings, and balance sheet figures.
- Confirm the dividend payment schedule: $0.17 per share payable November 16, 2018, to shareholders of record as of November 5, 2018.
- Verify any year-over-year or quarter-over-quarter performance trends in the attached press release, as this 8-K summary does not include comparative data.