Oceanfirst Financial Corp. · NASDAQ:OCFC
Oceanfirst Financial — Shareholder Meeting (May 2013)
12 slides from Oceanfirst Financial's shareholder meeting presentation, May 8, 2013
Slide 1: Welcome to the 2013 Annual Meeting of Shareholders
OceanFirst Financial Corp. MAY 8, 2013 WELCOME TO THE 2013 ANNUAL MEETING OF SHAREHOLDERS Exhibit 99.1
Slide 2: Forward-looking statements
This presentation contains certain forward-looking statements within the meaning of the Private Securities 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
Slide 3: 2012 Year in Review
2012 YEAR IN REVIEW John Garbarino Chairman & Chief Executive Officer
Slide 4: Superstorm Sandy Disaster Recovery Plan
Disaster Recovery Plan • Restore operations – avoid adding to residents’ woes Assessing and providing for financial impact on Bank OceanFirst Foundation and Bank in leadership role • “Extraordinary Community Banking” Disaster Recovery Plan • Restore operations – avoid adding to residents’ woes Asses
Slide 5: Financial Performance - 2012
Third consecutive year – earnings over $20 million • $8.6 million quarterly cash dividends • $11.9 million share repurchases • Healthy 9.69% capital ratio • Delivering on mission to build value Need to remove uncertainty and restore growth to have performance reflected in share price Third consecuti
Slide 6: 2013 Business Focus
2013 Business Focus Christopher Maher President & Chief Operating Officer
Slide 7: Focus on Loan Growth
Address Net Interest Margin (NIM) Compression by establishing stronger loan growth Commercial Lending (Commercial Real Estate and Commercial and Industrial) Consumer Lending/Home Equity Residential Lending (1-4 Family Adjustable Rate products) Support Sandy Recovery Efforts Address Net Interest Marg
Slide 8: Fee Income - Trust Services
Trust Services Launched in 2000 $170 Million in Assets Under Administration as of 12/31/2012, a 10% increase from 12-31-2011 $1.5M in Trust Fee income for year ended 2012, a 30% increase from 2011 Focused on providing quality advice and services to clients typically under-served by national provider
Slide 9: Fee Income - Card Services
Card Services Include: ATM Visa Debit Merchant $4.2M in 2012 Card Revenue, a 12% Increase Over 2011 UChoose Rewards Program Leverages Underlying Consumer Trends Fee Income – Fee Income – Card Services Card Services Card Services Include: ATM Visa Debit Merchant $4.2M in 2012 Card Revenue, a 12% Incr
Slide 10: Red Bank Financial Solutions Center
Grand Opening May 11, 2013 Serves Greater Red Bank Regional Hub for Northern Monmouth On-Site, Full Time Retail Services Investment Professional Trust Officer Commercial Lender Residential Lender Red Bank Financial Solutions Center Red Bank Financial Solutions Center Grand Opening May 11, 2013 Serve
Slide 11: —OCEAN
—OCEAN == FIRST NASDAQ: OCFC
Slide 12: Thank you for attending the 2013 Annual Meeting
OceanFirst Financial Corp. THANK YOU FOR ATTENDING THE 2013 ANNUAL MEETING OF SHAREHOLDERS
Oceanfirst Financial — Shareholder Meeting (May 2013) on 6ix