 RED BANK, New Jersey, April 29, 2021 GLOBE NEWSWIRE -- OceanFirst Financial Corp. NASDAQ:OCFC, the Company, the holding company for OceanFirst Bank N.A. the Bank, today announced that net income available to common stockholders was 31.7 million, or 0.53 per diluted share, for the quarter ended March 31, 2021 as compared to 16.5 million, or 0.27 per diluted share, for the corresponding prior year period. The current quarter results benefited from the modest release of credit loss expense and improved levels of core operating expenses, which resulted in return on average assets of 1.12, return on average tangible stockholders equity of 13.22, and efficiency ratio of 54.73, as compared to 0.64, 7.50, and 67.28, respectively, in the prior year period. 