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OceanFirst Financial Q2 2024 Earnings Report

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$17.70 -0.32 (-1.78%)
As of 02/21/2025 04:00 PM Eastern

OceanFirst Financial EPS Results

Actual EPS
$0.39
Consensus EPS
$0.42
Beat/Miss
Missed by -$0.03
One Year Ago EPS
$0.46

OceanFirst Financial Revenue Results

Actual Revenue
$170.41 million
Expected Revenue
$94.93 million
Beat/Miss
Beat by +$75.48 million
YoY Revenue Growth
N/A

OceanFirst Financial Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

OceanFirst Financial Earnings Headlines

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OceanFirst Financial Corp.
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About OceanFirst Financial

OceanFirst Financial (NASDAQ:OCFC) operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.

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