Business Context and Reporting Period
OceanFirst Financial Corp. filed this Form 8-K on January 20, 2011, to announce financial results for the quarter and year ended December 31, 2010. The filing also discloses a corporate action regarding a quarterly cash dividend.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing detailed financial results but does not explicitly state specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K report.
Material Changes
The filing does not provide specific comparative data or material changes versus prior periods in the text provided. It directs readers to the attached press release for the full results of operations and financial condition.
Guidance, Outlook, 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 February 11, 2011, to stockholders of record as of the close of business on January 31, 2011.
- Outlook: No specific forward-looking guidance or management commentary is included in the text of this filing.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated January 20, 2011) for specific revenue, net income, and balance sheet figures for the period ended December 31, 2010.
- Verify the record date (January 31, 2011) and payment date (February 11, 2011) for the $0.12 per share dividend.
- Confirm any material changes in asset quality or liquidity by reading the full press release referenced in Item 2.02.