OceanFirst Financial Corp. 8-K Summary
Business Context and Reporting Period
OceanFirst Financial Corp. (OCFC) filed this Current Report on Form 8-K on April 29, 2021. The filing primarily serves to announce the Company's financial results for the quarter ended March 31, 2021, and to disclose a scheduled investor presentation.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended March 31, 2021. However, the body 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 figures.
Material Changes and Dividend Declaration
The Board of Directors declared a regular quarterly cash dividend on the Company's outstanding common stock. The dividend is set at $0.17 per share. Key dates for this distribution are:
- Record Date: May 10, 2021
- Payment Date: May 21, 2021
Outlook and Management Commentary
The Company scheduled presentations for current and prospective investors to occur after April 29, 2021. A copy of the presentation materials is included as Exhibit 99.2 and will be posted on the Company's website. The filing notes that this report is furnished to the SEC and shall not be deemed "filed" for any purpose regarding the presentation materials.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q1 2021 revenue, net income, and earnings per share figures.
- Verify the dividend payment date of May 21, 2021, and the record date of May 10, 2021.
- Access the investor presentation (Exhibit 99.2) for management's commentary on the quarter and future outlook.
- Confirm the trading symbols OCFC (Common Stock) and OCFCP (Preferred Stock) on NASDAQ.