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The latest announcement is out from Oceanfirst Financial ( (OCFC) ).
OceanFirst Financial Corp. announced a regular quarterly cash dividend of $0.20 per share, payable on February 14, 2025, to stockholders of record as of February 3, 2025. The company reported a decrease in net income for the quarter and year ended December 31, 2024, with quarterly net income at $20.9 million, down from $26.7 million the previous year. The annual net income also saw a decline from $100.0 million in 2023 to $96.0 million in 2024. Despite the decrease, OceanFirst Financial experienced a slight margin expansion in the recent quarter, indicating some operational improvements.
More about Oceanfirst Financial
YTD Price Performance: 7.46%
Average Trading Volume: 266,276
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.12B
Learn more about OCFC stock on TipRanks’ Stock Analysis page.
