Business Context and Reporting Period
OceanFirst Financial Corp. filed this Form 8-K on October 28, 2021, to announce financial results for the quarter ended September 30, 2021. The Company is a Delaware corporation with principal executive offices in Red Bank, New Jersey.
Key Financial Metrics
This filing serves as a notification of results and does not contain specific numerical data for revenue, profit, cash flow, margins, debt, or liquidity. The detailed financial metrics are contained in the attached press release (Exhibit 99.1), which is not included in the provided text.
Material Changes
The filing text does not provide specific comparative data or details regarding material changes versus the prior comparable period. Investors must refer to the attached press release for this information.
Guidance, Outlook, and Other 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 November 19, 2021, to stockholders of record as of the close of business on November 8, 2021.
- Investor Presentations: The Company scheduled presentations for current and prospective investors following October 28, 2021. A copy of the presentation is attached as Exhibit 99.2.
Important Facts for Investor Verification
- Verify the specific revenue, net income, and earnings per share figures in the attached press release (Exhibit 99.1) as they are not listed in this summary.
- Confirm the record date (November 8, 2021) and payment date (November 19, 2021) for the $0.17 per share dividend.
- Review the investor presentation (Exhibit 99.2) for management's outlook and discussion of financial condition.