Business Context and Reporting Period
OceanFirst Financial Corp. filed this Form 8-K on October 21, 2010, to report financial results for the quarter ended September 30, 2010. The filing serves as a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended September 30, 2010. However, the text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes and Corporate Actions
- Dividend Declaration: The Board of Directors declared a regular quarterly cash dividend of $0.12 per share on outstanding common stock.
- Payment Details: The dividend is payable on November 12, 2010, to stockholders of record as of the close of business on November 1, 2010.
Guidance, Outlook, and Risks
The filing text does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies beyond the announcement of the quarterly results and the dividend declaration. Any outlook or risk discussion would be 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 September 30, 2010, in the attached press release (Exhibit 99.1).
- Confirm the record date (November 1, 2010) and payment date (November 12, 2010) for the $0.12 per share dividend.
- Review the full press release for any material changes in asset quality, liquidity positions, or regulatory capital ratios not detailed in this summary.