OceanFirst Financial reports Q4 EPS 45c vs. 67c last year

Last Thursday, the company also reported Q4 Net Interest Income of $87.8M vs. $106.5M last year. CEO Christopher D. Maher, commented on the Company’s results: “We are pleased to report on our current quarter results; rounding out the year positively and executing on our strategies to improve operating expenses, diversify and strengthen our deposit base, and bolster our capital position during a tumultuous year for the industry. As we turn to 2024, the Company is well positioned to create shareholder value and will remain focused on high quality growth, expense discipline, and prudent balance sheet management.”