OceanFirst Financial Corp. Schedules Earnings Conference Call

Rhea-AI Summary

OceanFirst Financial Corp. (NASDAQ:OCFC) will release its earnings for Q1 2023 on April 20, 2023, after market close. A conference call to discuss the earnings will occur on April 21, 2023, at 11:00 a.m. ET, accessible via phone or online at www.oceanfirst.com. OceanFirst Bank, a regional financial institution with assets of $13.1 billion, provides a variety of services across New Jersey and surrounding metropolitan areas including Philadelphia, New York, Baltimore, and Boston.

Positive

• Upcoming earnings release may indicate positive performance trends.
• Established bank with a strong regional presence and $13.1 billion in assets.

Negative

• Forward-looking statements indicate uncertainty due to potential market risks.
• Vulnerability to changes in interest rates and economic conditions.

RED BANK, N.J., March 24, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended March 31, 2023 on Thursday, April 20, 2023 after the market close. Management will then conduct a conference call at 11:00 a.m. Eastern Time, on Friday, April 21, 2023 to discuss highlights of the Company's first quarter operating performance.

The direct dial number for the call is 1-833-470-1428, toll free, using the access code 948220. For those unable to participate in the conference call, a replay will be available. To access the replay, dial 1-866-813-9403, Access Code 264971, from one hour after the end of the call until July 20, 2023.

The conference call will also be available (listen-only) via the Internet by accessing the Company's Web address: www.oceanfirst.com - Investor Relations. Web users should go to the site at least fifteen minutes prior to the call to register, download and install any necessary audio software. The webcast will be available for at least 90 days.

OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $13.1 billion regional bank providing financial services throughout New Jersey and the major metropolitan markets of Philadelphia, New York, Baltimore, and Boston. OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey.

OceanFirst Financial Corp.'s press releases are available at http://www.oceanfirst.com.

Forward-Looking Statements

In addition to historical information, this news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 which are based on certain assumptions and describe future plans, strategies and expectations of the Company. These forward-looking statements are generally identified by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project," "will," "should," "may," "view," "opportunity," "potential," or similar expressions or expressions of confidence. The Company's ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations of the Company and its subsidiaries include, but are not limited to: changes in interest rates, general economic conditions, levels of unemployment in the Bank’s lending area, real estate market values in the Bank’s lending area, future natural disasters and increases to flood insurance premiums, the level of prepayments on loans and mortgage-backed securities, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Company's market area and accounting principles and guidelines. These risks and uncertainties are further discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 and subsequent securities filings and should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Company Contact:
Jill Hewitt
Senior Vice President
OceanFirst Financial Corp.
Tel: (732)240-4500, ext. 7513
email: jhewitt@oceanfirst.com

FAQ

When will OceanFirst Financial Corp. report its Q1 2023 earnings?

OceanFirst Financial Corp. will report its Q1 2023 earnings on April 20, 2023.

What time is the conference call for OceanFirst Financial's earnings?

The conference call is scheduled for April 21, 2023, at 11:00 a.m. Eastern Time.

How can I access the earnings conference call for OCFC?

You can access the conference call by dialing 1-833-470-1428 or listening online at www.oceanfirst.com.

What is the significance of OceanFirst Financial's forward-looking statements?

The forward-looking statements highlight potential risks that could impact the company's future performance.