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OceanFirst Financial Reports Strong Q3 2024 Performance

OceanFirst Financial Reports Strong Q3 2024 Performance

Elevate Your Investing Strategy:

An update from Oceanfirst Financial ( (OCFC) ) is now available.

OceanFirst Financial Corp. announced a net income of $24.1 million for Q3 2024, marking a significant increase from the previous year. The company declared dividends for both its Series A Preferred and common stockholders, payable in November. Core earnings rose to $23.2 million, with deposits also increasing to $10.1 billion. These developments highlight OceanFirst’s steady financial growth and its commitment to rewarding shareholders.

Learn more about OCFC stock on TipRanks’ Stock Analysis page.

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