Business Context and Reporting Period
OceanFirst Financial Corp. filed this Form 8-K on April 21, 2016, to announce financial results for the quarter ended March 31, 2016. The company is incorporated in Delaware and maintains its principal executive offices in Toms River, New Jersey.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended March 31, 2016. However, the text of this 8-K summary does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes and Dividend Declaration
While specific operational changes are not detailed in this text, the Board of Directors declared a regular quarterly cash dividend. The dividend amount is $0.13 per share on outstanding common stock. Payment is scheduled for May 20, 2016, to stockholders of record as of the close of business on May 9, 2016.
Guidance, Outlook, and Risks
This filing does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies and unusual items. Such information, if present, is contained within the referenced press release (Exhibit 99.1).
Key Facts for Investor Verification
- Verify the specific revenue and net income figures for the quarter ended March 31, 2016, in the attached press release (Exhibit 99.1).
- Confirm the record date of May 9, 2016, and payment date of May 20, 2016, for the $0.13 per share dividend.
- Review the full press release for any material changes in financial condition or liquidity not summarized in this 8-K.