Business Context and Reporting Period
Company: OceanFirst Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: January 27, 2022
Reporting Period: Quarter ended December 31, 2021
This filing serves as a notification of the Company's financial results for the fourth quarter of 2021 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 Form 8-K.
Key Financial Metrics
The text of this Form 8-K does not provide specific 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 Events
- Dividend Declaration: The Board of Directors declared a regular quarterly cash dividend of $0.17 per share on outstanding common stock.
- Payment Details: The dividend is payable on February 18, 2022, to stockholders of record at the close of business on February 7, 2022.
- Investor Communications: The Company scheduled presentations for current and prospective investors following the report date, 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 regarding future performance. It notes that a written presentation intended for investors is attached as Exhibit 99.2, which may contain such information.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q4 2021 financial results, including net income, earnings per share, and balance sheet changes.
- Confirm the dividend record date (February 7, 2022) and payment date (February 18, 2022) for portfolio accounting.
- Examine Exhibit 99.2 (Investor Presentation) for management's outlook, strategic initiatives, and any forward-looking statements not detailed in the 8-K text.
- Verify the Company's status as a non-emerging growth company as indicated in the filing header.