OceanFirst Financial (OCFC) Financials

$18.39 -0.04 (-0.22%)

Closing price 08/29/2025 04:00 PM Eastern

Extended Trading

$18.39 0.00 (-0.01%)

As of 08/29/2025 06:09 PM Eastern

Annual Income Statements for OceanFirst Financial

This table shows OceanFirst Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	20	20	23	42	72	89	61	106	143	100	96
Consolidated Net Income / (Loss)	20	20	23	42	72	89	63	110	147	104	100
Net Income / (Loss) Continuing Operations	20	20	23	42	72	89	63	110	147	104	100
Total Pre-Tax Income	31	31	35	65	86	107	81	142	194	137	131
Total Revenue	91	93	141	196	275	298	387	357	437	403	384
Net Interest Income / (Expense)	72	77	120	169	241	256	313	305	377	370	334
Total Interest Income	80	86	133	189	277	309	380	342	431	608	642
Loans and Leases Interest Income	71	78	123	171	250	280	349	315	390	522	545
Investment Securities Interest Income	9.29	8.17	10	18	27	29	30	27	41	86	97
Total Interest Expense	7.51	9.03	13	20	36	53	67	37	54	238	308
Deposits Interest Expense	4.10	4.30	7.52	12	23	38	48	25	31	172	242
Long-Term Debt Interest Expense	3.40	4.73	5.65	7.28	14	14	18	12	23	66	66
Total Non-Interest Income	19	16	20	27	35	42	74	52	59	34	50
Other Service Charges	13	13	18	25	32	32	30	31	35	31	35
Net Realized & Unrealized Capital Gains on Investments	1.82	-0.15	0.13	-0.77	-2.67	5.24	38	14	17	-2.56	7.44
Other Non-Interest Income	1.48	1.50	2.23	3.30	5.11	5.42	6.42	6.83	6.58	5.28	7.91
Provision for Credit Losses	2.63	1.28	2.62	4.45	3.49	1.64	59	-12	7.77	18	7.69
Total Non-Interest Expense	58	61	103	127	186	189	246	227	235	249	246
Salaries and Employee Benefits	31	32	47	60	83	90	114	120	132	136	138
Net Occupancy & Equipment Expense	13	14	21	26	40	40	46	47	49	51	49
Marketing Expense	1.80	1.52	1.88	2.68	3.42	3.47	3.12	2.17	2.95	4.24	5.17
Property & Liability Insurance Claims	2.13	2.07	2.83	2.56	3.71	2.23	4.87	6.16	7.36	11	11
Other Operating Expenses	9.39	9.16	13	25	26	39	56	44	36	43	37
Amortization Expense	-	0.02	0.62	2.04	3.81	4.03	6.19	5.45	4.72	3.98	3.33
Restructuring Charge	-	1.88	17	8.29	27	11	16	1.50	2.74	0.02	1.78
Income Tax Expense	11	11	12	23	14	19	18	32	47	33	30
Preferred Stock Dividends Declared	-	-	-	-	0.00	0.00	2.10	4.02	4.02	4.02	4.02
Basic Earnings per Share	$1.19	$1.22	$1.00	$1.32	$1.54	$1.77	$1.02	$1.79	$2.43	$1.70	$1.65
Weighted Average Basic Shares Outstanding	16.69M	16.60M	23.09M	32.11M	46.77M	50.17M	59.92M	59.41M	58.73M	58.95M	58.30M
Diluted Earnings per Share	$1.19	$1.21	$0.98	$1.28	$1.51	$1.75	$1.02	$1.78	$2.42	$1.70	$1.65
Weighted Average Diluted Shares Outstanding	16.80M	16.81M	23.53M	33.13M	47.66M	50.75M	60.07M	59.65M	58.88M	58.96M	58.30M
Weighted Average Basic & Diluted Shares Outstanding	16.70M	16.70M	23M	32.20M	46.70M	60.30M	59.92M	59.24M	59.20M	58.95M	58.56M
Cash Dividends to Common per Share	-	-	-	-	$0.62	$0.68	$0.68	$0.68	$0.74	$0.80	$0.80

This table shows OceanFirst Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	52	27	27	20	27	28	23	24	21	21	16
Consolidated Net Income / (Loss)	53	28	28	21	28	29	24	25	22	22	19
Net Income / (Loss) Continuing Operations	53	28	28	21	28	29	24	25	22	21	19
Total Pre-Tax Income	71	37	37	27	36	39	32	33	27	28	25
Total Revenue	134	101	101	102	100	99	93	97	96	98	99
Net Interest Income / (Expense)	106	99	92	91	88	86	82	82	83	87	88
Total Interest Income	130	139	150	158	160	162	159	162	160	154	155
Loans and Leases Interest Income	117	122	129	134	137	137	136	137	135	133	135
Investment Securities Interest Income	13	17	21	24	23	24	23	25	24	21	19
Total Interest Expense	24	40	58	67	73	75	77	79	76	67	67
Deposits Interest Expense	13	21	38	53	59	60	60	62	60	51	52
Long-Term Debt Interest Expense	10	19	20	14	13	16	17	17	16	16	15
Total Non-Interest Income	28	2.07	8.93	11	12	12	11	15	12	11	12
Other Service Charges	8.14	6.87	8.27	7.84	7.92	8.01	7.71	11	8.56	7.73	8.34
Net Realized & Unrealized Capital Gains on Investments	18	-6.08	-0.53	1.53	2.51	2.42	1.55	2.34	1.14	1.67	1.61
Other Non-Interest Income	1.70	1.28	1.18	1.39	1.43	1.86	1.73	1.78	2.54	1.85	1.79
Provision for Credit Losses	3.65	3.01	1.23	10	3.15	0.59	3.11	0.52	3.47	5.34	3.04
Total Non-Interest Expense	59	61	63	64	60	59	59	64	65	64	71
Salaries and Employee Benefits	34	34	34	36	32	33	33	36	37	37	40
Net Occupancy & Equipment Expense	11	13	13	13	13	12	12	12	13	13	13
Marketing Expense	0.71	0.98	0.96	1.18	1.11	0.99	1.18	1.39	1.62	1.11	1.54
Property & Liability Insurance Claims	1.92	1.75	2.47	2.56	4.39	3.14	2.69	2.62	2.52	2.98	2.90
Other Operating Expenses	11	11	12	11	8.77	8.66	8.55	9.29	10	9.46	13
Amortization Expense	1.16	1.03	0.99	0.99	0.98	0.84	0.81	0.80	0.88	0.94	0.91
Income Tax Expense	17	8.65	9.00	6.46	8.59	11	7.08	7.46	5.08	6.81	5.77
Preferred Stock Dividends Declared	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Basic Earnings per Share	$0.89	$0.46	$0.45	$0.33	$0.46	$0.47	$0.40	$0.42	$0.36	$0.35	$0.28
Weighted Average Basic Shares Outstanding	58.73M	58.77M	59.15M	59.10M	58.95M	58.79M	58.36M	58.07M	58.30M	58.10M	57.74M
Diluted Earnings per Share	$0.89	$0.46	$0.45	$0.33	$0.46	$0.47	$0.40	$0.42	$0.36	$0.35	$0.28
Weighted Average Diluted Shares Outstanding	58.88M	58.92M	59.15M	59.11M	58.96M	58.79M	58.36M	58.07M	58.30M	58.11M	57.74M
Weighted Average Basic & Diluted Shares Outstanding	59.20M	59.49M	59.42M	59.42M	58.95M	58.71M	58.48M	58.46M	58.56M	58.38M	57.39M

This table details how cash moves in and out of OceanFirst Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	2.16	7.83	257	-192	13	11	1,185	-1,094	-57	-14	-30
Net Cash From Operating Activities	28	28	33	80	93	100	133	160	250	124	92
Net Cash From Continuing Operating Activities	28	28	33	80	93	100	133	160	250	124	92
Net Income / (Loss) Continuing Operations	20	20	23	42	72	89	63	110	147	104	100
Consolidated Net Income / (Loss)	20	20	23	42	72	89	63	110	147	104	100
Provision For Loan Losses	2.63	1.28	2.62	4.45	3.49	1.64	59	-12	7.77	18	7.69
Depreciation Expense	2.92	3.34	4.79	6.30	8.71	8.36	8.45	9.36	12	12	11
Amortization Expense	3.90	2.31	2.16	5.92	8.73	9.10	15	16	14	6.71	2.08
Non-Cash Adjustments to Reconcile Net Income	-1.93	2.87	2.62	34	-18	8.89	-95	36	-16	0.81	-23
Changes in Operating Assets and Liabilities, net	0.15	-1.79	-1.81	-13	17	-16	82	0.47	86	-17	-5.47
Net Cash From Investing Activities	-111	-95	272	-455	49	-172	-22	-1,478	-1,321	-488	106
Net Cash From Continuing Investing Activities	-111	-95	272	-455	49	-172	-22	-1,478	-1,321	-488	106
Purchase of Property, Leasehold Improvements and Equipment	-3.97	-3.89	-6.67	-49	-11	-5.08	-15	-42	-21	-7.71	-7.57
Purchase of Investment Securities	-274	-244	-137	-557	-370	-282	-458	-1,358	-791	-525	-516
Sale of Property, Leasehold Improvements and Equipment	-	-	0.00	0.00	10	2.35	1.17	3.54	8.13	3.72	4.26
Divestitures	-	3.70	49	-	0.00	-	23	0.00	39	0.00	0.00
Sale and/or Maturity of Investments	167	149	366	150	316	328	854	475	571	285	427
Other Investing Activities, net	-	-	-	-	104	-216	-428	-556	-1,127	-244	199
Net Cash From Financing Activities	86	75	-48	183	-128	83	1,075	224	1,014	349	-229
Net Cash From Continuing Financing Activities	86	75	-48	183	-128	83	1,075	224	1,014	349	-229
Net Change in Deposits	-27	73	131	156	-143	66	1,508	408	-57	760	-367
Issuance of Debt	240	55	89	50	126	186	701	0.00	1,211	-363	224
Repayment of Debt	-110	-40	-259	-1.92	-68	-107	-1,128	-17	-85	3.95	-13
Repurchase of Common Equity	-9.18	-6.46	-1.88	0.00	-11	-26	-15	-36	-7.40	0.00	-21
Payment of Dividends	-8.24	-8.69	-13	-19	-30	-34	-43	-45	-48	-51	-51
Other Financing Activities, Net	0.25	1.03	5.72	-1.04	-3.46	-1.71	-3.65	-86	-0.76	-0.70	-1.20
Cash Interest Paid	7.24	8.93	13	20	36	52	66	37	50	225	320
Cash Income Taxes Paid	12	11	11	6.01	2.32	20	5.74	51	25	29	34

This table details how cash moves in and out of OceanFirst Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-2.72	328	-38	-49	-255	-23	51	33	-91	40	6.88
Net Cash From Operating Activities	40	24	72	55	-27	46	24	-22	45	-1.79	29
Net Cash From Continuing Operating Activities	40	24	72	55	-27	46	24	-22	45	-1.79	29
Net Income / (Loss) Continuing Operations	53	28	28	21	28	29	24	25	22	21	19
Consolidated Net Income / (Loss)	53	28	28	21	28	29	24	25	22	21	19
Provision For Loan Losses	3.65	3.01	1.23	10	3.15	0.59	3.11	0.52	3.47	5.34	3.04
Depreciation Expense	3.16	3.09	2.99	3.08	3.16	2.87	2.83	2.58	2.63	2.54	2.54
Amortization Expense	3.71	2.14	1.39	2.85	0.33	0.44	0.89	0.84	-0.09	-1.26	-1.08
Non-Cash Adjustments to Reconcile Net Income	-14	6.48	-1.69	1.57	-5.55	-0.56	-0.51	-23	0.63	11	-7.36
Changes in Operating Assets and Liabilities, net	-9.21	-18	40	17	-56	14	-7.04	-29	16	-41	12
Net Cash From Investing Activities	-412	-147	-7.97	8.73	-342	121	148	-154	-8.60	124	-24
Net Cash From Continuing Investing Activities	-412	-147	-7.97	8.73	-342	121	148	-154	-8.60	124	-24
Purchase of Property, Leasehold Improvements and Equipment	-1.75	-2.15	-2.56	-1.35	-1.65	-0.68	-4.18	-1.09	-1.62	-1.86	-1.39
Purchase of Investment Securities	-342	-131	-46	-2.41	-347	-23	-53	-256	-185	-86	-121
Sale and/or Maturity of Investments	120	107	83	59	36	74	96	104	152	209	155
Other Investing Activities, net	-188	-121	-43	-47	-33	70	105	-1.51	26	2.56	-56
Net Cash From Financing Activities	369	451	-102	-112	114	-190	-121	209	-127	-82	1.98
Net Cash From Continuing Financing Activities	369	451	-102	-112	114	-190	-121	209	-127	-82	1.98
Net Change in Deposits	-284	318	165	376	-99	-198	-243	122	-48	111	55
Issuance of Debt	697	135	-130	8.50	-376	229	196	-3.69	-6.64	0.00	0.89
Repayment of Debt	-27	1.81	-121	-486	609	-197	-53	103	-56	-177	43
Repurchase of Common Equity	-	0.00	-	-	-	-15	-4.96	-1.40	0.01	-6.90	-17
Payment of Dividends	-13	-13	-13	-13	-13	-13	-13	-13	-13	-13	-13
Other Financing Activities, Net	-4.20	8.09	-3.47	1.85	-7.18	3.59	-3.03	2.02	-3.77	4.23	-10
Cash Interest Paid	22	34	52	63	76	63	83	74	101	67	67
Cash Income Taxes Paid	13	1.27	19	8.08	1.18	1.90	18	7.19	6.90	1.57	11

This table presents OceanFirst Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,357	2,593	5,167	5,416	7,516	8,246	11,448	11,740	13,104	13,538	13,421
Cash and Due from Banks	36	44	301	110	121	121	1,272	205	168	154	124
Trading Account Securities	489	425	611	846	948	920	1,121	1,707	1,679	1,914	1,873
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Loans Held for Sale	1,693	1,973	3,805	3,966	5,579	0.00	7,750	8,583	9,869	10,142	10,077
Premises and Equipment, Net	25	28	71	102	111	103	107	126	127	121	115
Goodwill	-	1.82	145	151	338	375	500	500	506	506	523
Intangible Assets	-	0.26	11	8.89	17	16	24	18	13	9.51	13
Other Assets	114	121	222	234	402	6,713	674	600	741	692	696
Total Liabilities & Shareholders' Equity	2,357	2,593	5,167	5,416	7,516	8,246	11,448	11,740	13,104	13,538	13,421
Total Liabilities	2,138	2,355	4,595	4,814	6,477	7,093	9,964	10,223	11,518	11,876	11,718
Non-Interest Bearing Deposits	1,720	1,917	4,188	4,343	5,815	6,329	9,428	9,733	9,675	10,435	10,066
Interest Bearing Deposits	6.32	7.12	14	11	14	14	17	20	21	22	23
Short-Term Debt	68	98	126	136	161	72	128	119	69	73	61
Long-Term Debt	333	324	250	289	449	616	235	229	1,407	1,045	1,270
Other Long-Term Liabilities	11	8.07	16	35	37	63	155	122	346	301	298
Total Equity & Noncontrolling Interests	218	238	572	602	1,039	1,153	1,484	1,517	1,585	1,662	1,703
Total Preferred & Common Equity	218	238	572	602	1,039	1,153	1,484	1,517	1,585	1,661	1,702
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	218	238	572	602	1,039	1,153	1,484	1,517	1,585	1,661	1,702
Common Stock	262	267	362	352	749	833	1,131	1,139	1,149	1,159	1,166
Retained Earnings	218	229	238	271	305	359	378	442	541	593	642
Treasury Stock	-255	-252	-23	-16	-11	-37	-26	-62	-69	-69	-91
Accumulated Other Comprehensive Income / (Loss)	-7.11	-6.24	-5.75	-5.35	-3.45	-1.21	0.62	-2.82	-36	-21	-16
Noncontrolling Interest	-	-	-	-	-	-	-	0.00	0.80	0.78	1.11

This table presents OceanFirst Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	12,439	12,683	13,555	13,539	13,498	13,419	13,322	13,488	13,309	13,328
Cash and Due from Banks	189	171	496	458	409	130	181	214	164	171
Trading Account Securities	1,575	1,498	1,698	1,675	1,643	1,874	1,827	1,987	1,752	1,705
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Loans Held for Sale	9,381	9,676	9,989	10,034	10,068	10,073	9,963	9,987	10,068	10,136
Premises and Equipment, Net	128	128	126	124	123	119	117	116	115	113
Goodwill	506	506	506	506	506	506	506	506	523	523
Intangible Assets	16	15	12	11	10	8.67	7.86	7.06	12	11
Other Assets	644	690	728	731	739	708	719	672	677	670
Total Liabilities & Shareholders' Equity	12,439	12,683	13,555	13,539	13,498	13,419	13,322	13,488	13,309	13,328
Total Liabilities	10,917	11,143	11,945	11,913	11,861	11,753	11,645	11,794	11,600	11,684
Non-Interest Bearing Deposits	9,831	9,959	9,993	10,158	10,534	10,237	9,994	10,116	10,177	10,232
Interest Bearing Deposits	24	25	31	28	30	28	25	27	29	19
Short-Term Debt	105	291	71	74	83	67	504	81	65	61
Long-Term Debt	683	514	1,542	1,288	802	1,084	789	1,312	1,089	1,137
Other Long-Term Liabilities	273	353	307	364	412	337	332	258	240	235
Total Equity & Noncontrolling Interests	1,521	1,540	1,610	1,626	1,638	1,666	1,677	1,695	1,709	1,644
Total Preferred & Common Equity	1,520	1,539	1,610	1,625	1,637	1,665	1,676	1,694	1,708	1,643
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,520	1,539	1,610	1,625	1,637	1,665	1,676	1,694	1,708	1,643
Common Stock	1,145	1,147	1,153	1,155	1,157	1,160	1,162	1,164	1,169	1,114
Retained Earnings	474	500	555	570	578	608	620	632	651	655
Treasury Stock	-69	-69	-69	-69	-69	-84	-89	-91	-98	-115
Accumulated Other Comprehensive Income / (Loss)	-29	-38	-29	-30	-29	-19	-17	-12	-13	-11
Noncontrolling Interest	0.94	0.96	0.82	0.85	0.71	0.73	0.78	0.85	0.80	0.83

This table displays calculated financial ratios and metrics derived from OceanFirst Financial's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.53%	2.56%	50.85%	39.54%	40.27%	8.28%	29.77%	-7.65%	22.20%	-7.61%	-4.74%
EBITDA Growth	13.75%	-1.31%	14.37%	84.00%	32.74%	21.26%	-16.52%	60.90%	30.77%	-28.94%	-7.81%
EBIT Growth	22.40%	2.21%	12.80%	85.59%	30.89%	25.56%	-24.51%	75.52%	36.33%	-29.47%	-4.47%
NOPAT Growth	21.98%	2.02%	13.40%	84.28%	69.37%	23.14%	-28.52%	73.87%	33.87%	-29.38%	-3.53%
Net Income Growth	21.98%	2.02%	13.40%	84.28%	69.37%	23.14%	-28.52%	73.87%	33.18%	-29.04%	-3.81%
EPS Growth	25.26%	1.68%	-19.01%	30.61%	17.97%	15.89%	-41.71%	74.51%	35.96%	-29.75%	-2.94%
Operating Cash Flow Growth	-22.22%	2.72%	17.98%	139.74%	15.50%	8.32%	32.33%	20.59%	56.56%	-50.38%	-25.77%
Free Cash Flow Firm Growth	-276.99%	80.59%	-1,099.01%	86.60%	-1,454.92%	81.44%	154.90%	66.75%	-1,220.24%	136.69%	-139.71%
Invested Capital Growth	27.55%	6.85%	43.51%	8.21%	60.69%	11.57%	0.39%	0.89%	64.18%	-9.18%	9.11%
Revenue Q/Q Growth	0.44%	2.37%	13.94%	3.83%	8.40%	1.36%	11.63%	-6.52%	11.22%	-7.85%	-1.06%
EBITDA Q/Q Growth	13.69%	0.80%	3.92%	19.66%	12.70%	-3.30%	-19.18%	-11.12%	24.44%	-19.63%	-6.54%
EBIT Q/Q Growth	18.19%	1.91%	3.01%	20.48%	14.55%	-3.91%	-26.26%	-12.61%	29.59%	-20.22%	-6.51%
NOPAT Q/Q Growth	17.67%	1.49%	3.70%	10.12%	30.42%	-3.57%	17.90%	-8.64%	26.27%	-19.72%	-5.27%
Net Income Q/Q Growth	17.67%	1.49%	3.70%	10.12%	30.42%	-3.57%	17.90%	-8.64%	25.83%	-19.42%	-5.45%
EPS Q/Q Growth	19.00%	0.00%	-7.55%	6.67%	21.77%	-5.41%	7.37%	-8.72%	27.37%	-20.19%	-5.71%
Operating Cash Flow Q/Q Growth	16.68%	-17.01%	-36.63%	59.63%	16.17%	-10.73%	-9.02%	28.83%	-0.19%	-35.12%	347.41%
Free Cash Flow Firm Q/Q Growth	-2,717.61%	45.31%	-33.35%	77.10%	8.85%	-28.88%	117.40%	-78.22%	-205.49%	909.17%	66.66%
Invested Capital Q/Q Growth	20.67%	15.36%	19.53%	4.01%	0.17%	1.24%	-15.80%	-1.11%	30.50%	10.20%	-1.75%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	41.07%	39.52%	29.96%	39.51%	37.39%	41.87%	26.93%	46.93%	50.22%	38.63%	37.38%
EBIT Margin	33.58%	33.46%	25.02%	33.28%	31.05%	36.01%	20.95%	39.81%	44.42%	33.91%	34.01%
Profit (Net Income) Margin	21.91%	21.79%	16.38%	21.64%	26.13%	29.71%	16.36%	30.81%	33.58%	25.79%	26.04%
Tax Burden Percent	65.25%	65.12%	65.47%	65.01%	84.13%	82.50%	78.12%	77.39%	75.60%	76.06%	76.59%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	34.75%	34.88%	34.53%	34.99%	15.87%	17.50%	21.88%	22.61%	24.01%	23.91%	23.16%
Return on Invested Capital (ROIC)	3.61%	3.18%	2.86%	4.30%	5.37%	5.07%	3.43%	5.93%	5.98%	3.56%	3.45%
ROIC Less NNEP Spread (ROIC-NNEP)	3.61%	3.18%	2.86%	4.30%	5.37%	5.07%	3.43%	5.93%	5.90%	3.56%	3.43%
Return on Net Nonoperating Assets (RNNOA)	5.60%	5.72%	2.83%	2.94%	3.39%	3.01%	1.37%	1.41%	3.47%	2.84%	2.49%
Return on Equity (ROE)	9.21%	8.90%	5.69%	7.24%	8.77%	8.08%	4.80%	7.34%	9.45%	6.41%	5.95%
Cash Return on Invested Capital (CROIC)	-20.60%	-3.45%	-32.87%	-3.59%	-41.19%	-5.86%	3.05%	5.05%	-42.61%	13.18%	-5.26%
Operating Return on Assets (OROA)	1.33%	1.26%	0.91%	1.23%	1.32%	1.36%	0.82%	1.23%	1.56%	1.03%	0.97%
Return on Assets (ROA)	0.86%	0.82%	0.59%	0.80%	1.11%	1.12%	0.64%	0.95%	1.18%	0.78%	0.74%
Return on Common Equity (ROCE)	9.21%	8.90%	5.69%	7.24%	8.77%	8.08%	4.80%	7.34%	9.45%	6.40%	5.94%
Return on Equity Simple (ROE_SIMPLE)	9.13%	8.52%	4.03%	7.06%	6.92%	7.68%	4.27%	7.26%	9.25%	6.26%	5.88%
Net Operating Profit after Tax (NOPAT)	20	20	23	42	72	89	63	110	147	104	100
NOPAT Margin	21.91%	21.79%	16.38%	21.64%	26.13%	29.71%	16.36%	30.81%	33.75%	25.80%	26.13%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.00%	0.03%
SG&A Expenses to Revenue	50.87%	51.09%	49.76%	45.37%	45.79%	44.64%	42.21%	47.49%	42.09%	47.28%	50.19%
Operating Expenses to Revenue	63.53%	65.17%	73.11%	64.46%	67.68%	63.44%	63.70%	63.50%	53.80%	61.71%	63.99%
Earnings before Interest and Taxes (EBIT)	31	31	35	65	86	107	81	142	194	137	131
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	37	37	42	78	103	125	104	168	219	156	144
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.97	1.08	1.04	1.11	0.84	0.92	0.65	0.77	0.71	0.59	0.61
Price to Tangible Book Value (P/TBV)	0.97	1.09	1.43	1.51	1.27	1.39	1.00	1.17	1.06	0.85	0.90
Price to Revenue (P/Rev)	2.32	2.76	4.23	3.41	3.17	3.56	2.49	3.27	2.58	2.41	2.72
Price to Earnings (P/E)	10.58	12.68	25.81	15.77	12.11	11.97	15.76	11.02	7.91	9.72	10.89
Dividend Yield	3.96%	3.49%	2.35%	2.92%	3.44%	3.23%	4.26%	3.46%	3.88%	4.89%	4.47%
Earnings Yield	9.45%	7.89%	3.87%	6.34%	8.25%	8.36%	6.35%	9.07%	12.64%	10.29%	9.18%
Enterprise Value to Invested Capital (EV/IC)	0.93	0.96	0.71	0.96	0.83	0.88	0.03	0.70	0.80	0.70	0.74
Enterprise Value to Revenue (EV/Rev)	6.33	6.83	4.77	5.02	4.94	5.46	0.15	3.67	5.58	4.80	5.87
Enterprise Value to EBITDA (EV/EBITDA)	15.40	17.27	15.91	12.70	13.22	13.04	0.54	7.82	11.11	12.43	15.70
Enterprise Value to EBIT (EV/EBIT)	18.84	20.40	19.05	15.08	15.92	15.16	0.69	9.22	12.56	14.17	17.26
Enterprise Value to NOPAT (EV/NOPAT)	28.87	31.32	29.09	23.19	18.92	18.37	0.89	11.92	16.53	18.62	22.46
Enterprise Value to Operating Cash Flow (EV/OCF)	20.85	22.47	20.06	12.29	14.71	16.23	0.42	8.20	9.73	15.59	24.44
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	1.00	14.00	0.00	5.03	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.84	1.77	0.66	0.71	0.59	0.60	0.25	0.23	0.93	0.67	0.78
Long-Term Debt to Equity	1.52	1.36	0.44	0.48	0.43	0.53	0.16	0.15	0.89	0.63	0.75
Financial Leverage	1.55	1.80	0.99	0.68	0.63	0.59	0.40	0.24	0.59	0.80	0.73
Leverage Ratio	10.65	10.84	9.58	9.02	7.88	7.19	7.47	7.73	8.01	8.20	8.01
Compound Leverage Factor	10.65	10.84	9.58	9.02	7.88	7.19	7.47	7.73	8.01	8.20	8.01
Debt to Total Capital	64.73%	63.94%	39.73%	41.38%	37.01%	37.36%	19.69%	18.66%	48.21%	40.22%	43.87%
Short-Term Debt to Total Capital	10.96%	14.88%	13.33%	13.26%	9.78%	3.90%	6.95%	6.37%	2.26%	2.63%	2.00%
Long-Term Debt to Total Capital	53.77%	49.06%	26.40%	28.12%	27.23%	33.46%	12.74%	12.29%	45.95%	37.59%	41.87%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.03%	0.04%
Common Equity to Total Capital	35.27%	36.06%	60.27%	58.62%	62.99%	62.64%	80.31%	81.34%	51.77%	59.75%	56.10%
Debt to EBITDA	10.73	11.47	8.94	5.48	5.93	5.51	3.49	2.08	6.73	7.18	9.26
Net Debt to EBITDA	9.76	10.28	1.79	4.07	4.76	4.54	-8.72	0.85	5.96	6.19	8.40
Long-Term Debt to EBITDA	8.91	8.80	5.94	3.72	4.37	4.94	2.26	1.37	6.42	6.71	8.84
Debt to NOPAT	20.11	20.80	16.36	10.00	8.49	7.77	5.75	3.16	10.01	10.75	13.26
Net Debt to NOPAT	18.29	18.64	3.28	7.42	6.81	6.40	-14.35	1.30	8.87	9.27	12.02
Long-Term Debt to NOPAT	16.70	15.96	10.87	6.80	6.25	6.96	3.72	2.08	9.55	10.04	12.65
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.05%	0.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-114	-22	-265	-35	-551	-102	56	94	-1,049	385	-153
Operating Cash Flow to CapEx	694.74%	728.12%	501.11%	164.55%	6,440.57%	3,682.84%	978.36%	415.57%	1,961.85%	3,115.09%	2,791.86%
Free Cash Flow to Firm to Interest Expense	-15.15	-2.44	-20.11	-1.81	-15.25	-1.94	0.84	2.55	-19.54	1.62	-0.50
Operating Cash Flow to Interest Expense	3.68	3.14	2.54	4.09	2.56	1.90	1.99	4.35	4.66	0.52	0.30
Operating Cash Flow Less CapEx to Interest Expense	3.15	2.71	2.03	1.60	2.52	1.85	1.79	3.31	4.43	0.50	0.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.04	0.03	0.03
Fixed Asset Turnover	3.76	3.51	2.82	2.27	2.59	2.79	3.69	3.07	3.46	3.25	3.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	619	661	949	1,027	1,650	1,841	1,848	1,864	3,061	2,780	3,033
Invested Capital Turnover	0.16	0.15	0.17	0.20	0.21	0.17	0.21	0.19	0.18	0.14	0.13
Increase / (Decrease) in Invested Capital	134	42	288	78	623	191	7.14	16	1,197	-281	253
Enterprise Value (EV)	575	636	670	985	1,361	1,627	56	1,312	2,436	1,937	2,255
Market Capitalization	211	258	595	670	871	1,060	964	1,169	1,128	972	1,046
Book Value per Share	$12.83	$13.80	$22.12	$18.47	$21.51	$22.90	$24.58	$25.52	$26.79	$27.95	$29.11
Tangible Book Value per Share	$12.83	$13.68	$16.09	$13.58	$14.16	$15.15	$15.90	$16.80	$18.01	$19.28	$19.94
Total Capital	619	661	949	1,027	1,650	1,841	1,848	1,864	3,061	2,780	3,033
Total Debt	401	423	377	425	611	688	364	348	1,476	1,118	1,331
Total Long-Term Debt	333	324	250	289	449	616	235	229	1,407	1,045	1,270
Net Debt	364	379	76	315	490	567	-908	143	1,308	965	1,207
Capital Expenditures (CapEx)	3.97	3.89	6.67	49	1.44	2.72	14	38	13	3.99	3.30
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.75	0.04	0.33
Net Nonoperating Obligations (NNO)	401	423	377	425	611	688	364	348	1,476	1,118	1,331
Total Depreciation and Amortization (D&A)	6.81	5.65	6.95	12	17	17	23	25	25	19	13
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.19	$1.22	$1.00	$1.32	$1.54	$1.77	$1.02	$1.79	$2.43	$1.70	$1.65
Adjusted Weighted Average Basic Shares Outstanding	16.69M	16.60M	23.09M	32.11M	46.77M	50.17M	59.92M	59.41M	58.73M	58.95M	58.30M
Adjusted Diluted Earnings per Share	$1.19	$1.21	$0.98	$1.28	$1.51	$1.75	$1.02	$1.78	$2.42	$1.70	$1.65
Adjusted Weighted Average Diluted Shares Outstanding	16.80M	16.81M	23.53M	33.13M	47.66M	50.75M	60.07M	59.65M	58.88M	58.96M	58.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.77	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.90M	17.29M	32.39M	47.99M	51.40M	60.30M	59.92M	59.24M	59.20M	58.95M	58.56M
Normalized Net Operating Profit after Tax (NOPAT)	20	22	34	48	95	97	76	111	149	104	102
Normalized NOPAT Margin	21.91%	23.10%	24.08%	24.38%	34.35%	32.62%	19.58%	31.14%	34.23%	25.80%	26.48%
Pre Tax Income Margin	33.58%	33.46%	25.02%	33.28%	31.05%	36.01%	20.95%	39.81%	44.42%	33.91%	34.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.07	3.45	2.67	3.33	2.37	2.03	1.22	3.87	3.61	0.57	0.42
NOPAT to Interest Expense	2.65	2.25	1.75	2.17	1.99	1.68	0.95	2.99	2.74	0.44	0.33
EBIT Less CapEx to Interest Expense	3.54	3.02	2.17	0.85	2.33	1.98	1.01	2.82	3.37	0.56	0.41
NOPAT Less CapEx to Interest Expense	2.13	1.82	1.24	-0.32	1.95	1.63	0.75	1.95	2.51	0.42	0.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	41.37%	42.78%	54.74%	45.41%	41.10%	38.66%	67.79%	40.44%	32.41%	49.29%	50.85%
Augmented Payout Ratio	87.44%	74.56%	62.89%	45.41%	56.17%	68.09%	91.19%	73.19%	37.45%	49.29%	72.31%

This table displays calculated financial ratios and metrics derived from OceanFirst Financial's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	48.94%	8.38%	2.74%	-8.42%	-25.63%	-2.34%	-7.71%	-4.77%	-4.14%	-0.61%	6.56%
EBITDA Growth	123.69%	4.56%	-7.54%	-42.01%	-48.85%	1.83%	-14.60%	9.55%	-25.22%	-30.55%	-25.30%
EBIT Growth	165.61%	8.36%	-4.02%	-46.82%	-48.82%	7.37%	-14.55%	20.97%	-25.03%	-27.97%	-21.13%
NOPAT Growth	135.30%	8.31%	-5.43%	-47.09%	-47.94%	2.55%	-12.37%	22.67%	-20.14%	-24.98%	-21.89%
Net Income Growth	132.82%	8.25%	-5.72%	-46.47%	-47.52%	2.81%	-12.32%	21.53%	-20.85%	-24.97%	-21.86%
EPS Growth	140.54%	9.52%	-4.26%	-48.44%	-48.31%	2.17%	-11.11%	27.27%	-21.74%	-25.53%	-30.00%
Operating Cash Flow Growth	-1.15%	-57.72%	4.71%	-34.50%	-166.31%	89.19%	-67.01%	-140.84%	267.03%	-103.87%	20.52%
Free Cash Flow Firm Growth	-18,396.62%	-6,546.69%	-61.71%	62.82%	127.00%	133.77%	106.50%	-244.31%	-174.87%	-105.70%	249.50%
Invested Capital Growth	64.18%	69.08%	29.35%	7.55%	-9.18%	-12.62%	-0.60%	22.38%	9.11%	1.64%	-4.33%
Revenue Q/Q Growth	20.63%	-24.74%	0.16%	0.71%	-2.04%	-1.18%	-5.34%	3.92%	-1.38%	2.45%	1.50%
EBITDA Q/Q Growth	37.18%	-46.34%	-1.29%	-20.19%	20.97%	6.84%	-17.22%	2.39%	-17.42%	-0.77%	-10.96%
EBIT Q/Q Growth	39.90%	-48.52%	0.89%	-26.81%	34.65%	7.99%	-19.70%	3.60%	-16.55%	3.77%	-12.08%
NOPAT Q/Q Growth	37.39%	-47.67%	-0.06%	-26.36%	35.16%	3.09%	-14.60%	3.09%	-12.01%	-3.15%	-11.08%
Net Income Q/Q Growth	36.62%	-47.14%	-0.31%	-25.65%	33.94%	3.56%	-14.98%	3.05%	-12.77%	-1.83%	-11.45%
EPS Q/Q Growth	39.06%	-48.31%	-2.17%	-26.67%	39.39%	2.17%	-14.89%	5.00%	-14.29%	-2.78%	-20.00%
Operating Cash Flow Q/Q Growth	-51.67%	-39.75%	194.94%	-23.74%	-148.93%	271.91%	-48.57%	-194.40%	300.12%	-103.99%	1,700.39%
Free Cash Flow Firm Q/Q Growth	-171.33%	-12.75%	49.57%	75.90%	297.03%	41.03%	-90.29%	-1,376.44%	57.15%	89.26%	695.06%
Invested Capital Q/Q Growth	30.50%	5.31%	-7.30%	-15.58%	10.20%	1.32%	5.46%	3.94%	-1.75%	-5.62%	-0.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	58.10%	41.43%	40.83%	32.36%	39.96%	43.20%	37.78%	37.22%	31.17%	30.19%	26.48%
EBIT Margin	52.98%	36.24%	36.50%	26.52%	36.46%	39.84%	33.80%	33.69%	28.51%	28.88%	25.01%
Profit (Net Income) Margin	39.35%	27.64%	27.51%	20.31%	27.77%	29.10%	26.14%	25.92%	22.93%	21.97%	19.17%
Tax Burden Percent	74.65%	76.28%	75.38%	76.57%	76.17%	73.04%	77.34%	76.93%	80.41%	76.08%	76.63%
Interest Burden Percent	99.51%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	24.56%	23.68%	24.39%	23.93%	23.64%	27.10%	22.47%	22.86%	18.66%	24.08%	23.22%
Return on Invested Capital (ROIC)	7.05%	4.79%	4.66%	3.63%	3.84%	3.86%	3.46%	3.60%	3.07%	2.96%	2.58%
ROIC Less NNEP Spread (ROIC-NNEP)	6.99%	4.79%	4.65%	3.64%	3.84%	3.86%	3.45%	3.59%	3.04%	2.97%	2.57%
Return on Net Nonoperating Assets (RNNOA)	4.11%	3.06%	3.18%	1.94%	3.07%	3.26%	2.78%	2.46%	2.22%	2.03%	1.93%
Return on Equity (ROE)	11.16%	7.85%	7.83%	5.57%	6.91%	7.11%	6.23%	6.05%	5.28%	4.99%	4.51%
Cash Return on Invested Capital (CROIC)	-42.61%	-45.52%	-20.01%	-1.95%	13.18%	16.94%	4.00%	-16.35%	-5.26%	1.65%	7.45%
Operating Return on Assets (OROA)	1.86%	1.25%	1.26%	0.89%	1.10%	1.18%	0.99%	0.97%	0.81%	0.83%	0.73%
Return on Assets (ROA)	1.38%	0.96%	0.95%	0.68%	0.84%	0.87%	0.77%	0.75%	0.65%	0.63%	0.56%
Return on Common Equity (ROCE)	11.16%	7.85%	7.83%	5.56%	6.91%	7.11%	6.23%	6.05%	5.28%	4.98%	4.50%
Return on Equity Simple (ROE_SIMPLE)	0.00%	9.24%	9.05%	7.89%	0.00%	6.29%	6.05%	6.25%	0.00%	5.44%	5.33%
Net Operating Profit after Tax (NOPAT)	53	28	28	21	28	29	24	25	22	21	19
NOPAT Margin	39.77%	27.66%	27.60%	20.18%	27.84%	29.04%	26.20%	25.99%	23.19%	21.92%	19.21%
Net Nonoperating Expense Percent (NNEP)	0.06%	0.00%	0.01%	-0.02%	0.01%	0.00%	0.00%	0.01%	0.02%	0.00%	0.00%
SG&A Expenses to Revenue	33.90%	47.09%	47.22%	48.59%	46.20%	46.73%	49.94%	50.93%	53.25%	52.00%	55.26%
Operating Expenses to Revenue	44.30%	60.78%	62.28%	63.37%	60.38%	59.56%	62.86%	65.77%	67.86%	65.67%	71.93%
Earnings before Interest and Taxes (EBIT)	71	37	37	27	36	39	32	33	27	28	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	78	42	41	33	40	43	35	36	30	30	26
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.71	0.63	0.54	0.50	0.59	0.57	0.55	0.64	0.61	0.58	0.62
Price to Tangible Book Value (P/TBV)	1.06	0.93	0.79	0.73	0.85	0.83	0.79	0.92	0.90	0.85	0.92
Price to Revenue (P/Rev)	2.58	2.28	1.95	1.86	2.41	2.37	2.34	2.80	2.72	2.60	2.61
Price to Earnings (P/E)	7.91	6.99	6.08	6.50	9.72	9.43	9.47	10.68	10.89	11.21	12.43
Dividend Yield	3.88%	4.50%	5.45%	5.82%	4.89%	5.00%	5.10%	4.30%	4.47%	4.70%	4.60%
Earnings Yield	12.64%	14.30%	16.45%	15.39%	10.29%	10.60%	10.56%	9.37%	9.18%	8.92%	8.05%
Enterprise Value to Invested Capital (EV/IC)	0.80	0.66	0.59	0.51	0.70	0.70	0.69	0.73	0.74	0.69	0.72
Enterprise Value to Revenue (EV/Rev)	5.58	4.79	3.98	2.95	4.80	4.92	5.18	5.84	5.87	5.18	5.24
Enterprise Value to EBITDA (EV/EBITDA)	11.11	9.64	8.17	6.67	12.43	12.60	13.52	14.75	15.70	15.21	16.79
Enterprise Value to EBIT (EV/EBIT)	12.56	10.83	9.11	7.54	14.17	14.14	15.18	16.22	17.26	16.60	18.08
Enterprise Value to NOPAT (EV/NOPAT)	16.53	14.25	12.02	9.98	18.62	18.82	20.08	21.39	22.46	21.31	23.25
Enterprise Value to Operating Cash Flow (EV/OCF)	9.73	9.81	8.07	6.75	15.59	13.51	20.80	109.95	24.44	44.81	41.53
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	5.03	3.86	17.08	0.00	0.00	42.32	9.44
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.93	1.00	0.84	0.54	0.67	0.69	0.77	0.82	0.78	0.68	0.73
Long-Term Debt to Equity	0.89	0.96	0.79	0.49	0.63	0.65	0.47	0.77	0.75	0.64	0.69
Financial Leverage	0.59	0.64	0.68	0.53	0.80	0.84	0.80	0.68	0.73	0.68	0.75
Leverage Ratio	8.01	8.22	8.25	8.24	8.20	8.23	8.13	8.10	8.01	7.92	8.03
Compound Leverage Factor	7.97	8.22	8.25	8.24	8.20	8.23	8.13	8.10	8.01	7.92	8.03
Debt to Total Capital	48.21%	50.04%	45.58%	35.09%	40.22%	40.86%	43.56%	45.12%	43.87%	40.30%	42.16%
Short-Term Debt to Total Capital	2.26%	2.20%	2.49%	3.29%	2.63%	2.37%	16.98%	2.63%	2.00%	2.27%	2.16%
Long-Term Debt to Total Capital	45.95%	47.84%	43.09%	31.80%	37.59%	38.49%	26.57%	42.49%	41.87%	38.03%	40.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.04%	0.03%	0.03%
Common Equity to Total Capital	51.77%	49.93%	54.39%	64.88%	59.75%	59.11%	56.42%	54.86%	56.10%	59.67%	57.81%
Debt to EBITDA	6.73	7.30	6.26	4.57	7.18	7.35	8.59	9.06	9.26	8.83	9.84
Net Debt to EBITDA	5.96	5.05	4.15	2.46	6.19	6.52	7.39	7.67	8.40	7.58	8.44
Long-Term Debt to EBITDA	6.42	6.98	5.91	4.14	6.71	6.92	5.24	8.54	8.84	8.33	9.34
Debt to NOPAT	10.01	10.79	9.21	6.83	10.75	10.98	12.77	13.14	13.26	12.38	13.63
Net Debt to NOPAT	8.87	7.47	6.11	3.67	9.27	9.74	10.98	11.12	12.02	10.62	11.69
Long-Term Debt to NOPAT	9.55	10.32	8.71	6.19	10.04	10.35	7.79	12.38	12.65	11.68	12.93
Noncontrolling Interest Sharing Ratio	0.03%	0.03%	0.06%	0.05%	0.05%	0.05%	0.05%	0.05%	0.06%	0.05%	0.05%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,143	-1,289	-650	-157	309	435	42	-539	-231	-25	148
Operating Cash Flow to CapEx	3,123.71%	1,132.09%	2,803.74%	7,787.22%	0.00%	6,781.18%	567.10%	-11,600.00%	2,769.04%	-96.23%	2,051.90%
Free Cash Flow to Firm to Interest Expense	-48.06	-32.04	-11.21	-2.32	4.25	5.78	0.55	-6.80	-3.03	-0.37	2.20
Operating Cash Flow to Interest Expense	1.70	0.61	1.24	0.81	-0.37	0.61	0.31	-0.28	0.59	-0.03	0.43
Operating Cash Flow Less CapEx to Interest Expense	1.65	0.55	1.20	0.80	-0.35	0.60	0.25	-0.28	0.57	-0.05	0.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	3.46	3.52	3.54	3.49	3.25	3.27	3.26	3.25	3.25	3.28	3.38
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,061	3,224	2,988	2,523	2,780	2,817	2,970	3,087	3,033	2,863	2,842
Invested Capital Turnover	0.18	0.17	0.17	0.18	0.14	0.13	0.13	0.14	0.13	0.14	0.13
Increase / (Decrease) in Invested Capital	1,197	1,317	678	177	-281	-407	-18	565	253	46	-129
Enterprise Value (EV)	2,436	2,130	1,778	1,293	1,937	1,972	2,035	2,267	2,255	1,987	2,044
Market Capitalization	1,128	1,012	873	816	972	951	922	1,087	1,046	996	1,016
Book Value per Share	$26.79	$27.19	$27.32	$27.55	$27.95	$28.32	$28.54	$28.96	$29.11	$29.17	$28.14
Tangible Book Value per Share	$18.01	$18.43	$18.62	$18.85	$19.28	$19.57	$19.79	$20.18	$19.94	$20.04	$18.99
Total Capital	3,061	3,224	2,988	2,523	2,780	2,817	2,970	3,087	3,033	2,863	2,842
Total Debt	1,476	1,613	1,362	885	1,118	1,151	1,294	1,393	1,331	1,154	1,198
Total Long-Term Debt	1,407	1,542	1,288	802	1,045	1,084	789	1,312	1,270	1,089	1,137
Net Debt	1,308	1,117	904	476	965	1,021	1,113	1,179	1,207	990	1,028
Capital Expenditures (CapEx)	1.30	2.15	2.56	0.70	-1.10	0.68	4.18	0.19	1.62	1.86	1.39
Net Nonoperating Expense (NNE)	0.56	0.02	0.09	-0.14	0.07	-0.06	0.06	0.07	0.25	-0.05	0.04
Net Nonoperating Obligations (NNO)	1,476	1,613	1,362	885	1,118	1,151	1,294	1,393	1,331	1,154	1,198
Total Depreciation and Amortization (D&A)	6.87	5.24	4.38	5.94	3.49	3.31	3.72	3.42	2.54	1.28	1.46
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.89	$0.46	$0.45	$0.33	$0.46	$0.47	$0.40	$0.42	$0.36	$0.35	$0.28
Adjusted Weighted Average Basic Shares Outstanding	58.73M	58.77M	59.15M	59.10M	58.95M	58.79M	58.36M	58.07M	58.30M	58.10M	57.74M
Adjusted Diluted Earnings per Share	$0.89	$0.46	$0.45	$0.33	$0.46	$0.47	$0.40	$0.42	$0.36	$0.35	$0.28
Adjusted Weighted Average Diluted Shares Outstanding	58.88M	58.92M	59.15M	59.11M	58.96M	58.79M	58.36M	58.07M	58.30M	58.11M	57.74M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	59.20M	59.49M	59.42M	59.42M	58.95M	58.71M	58.48M	58.46M	58.56M	58.38M	57.39M
Normalized Net Operating Profit after Tax (NOPAT)	54	28	28	21	28	29	24	26	22	21	19
Normalized NOPAT Margin	39.93%	27.67%	27.60%	20.18%	27.84%	29.04%	26.20%	27.32%	23.29%	21.92%	19.21%
Pre Tax Income Margin	52.72%	36.24%	36.50%	26.52%	36.46%	39.84%	33.80%	33.69%	28.51%	28.88%	25.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.99	0.91	0.64	0.40	0.50	0.52	0.41	0.41	0.36	0.42	0.37
NOPAT to Interest Expense	2.24	0.69	0.48	0.30	0.38	0.38	0.32	0.32	0.29	0.32	0.28
EBIT Less CapEx to Interest Expense	2.93	0.86	0.59	0.39	0.52	0.51	0.35	0.41	0.34	0.39	0.35
NOPAT Less CapEx to Interest Expense	2.19	0.64	0.44	0.29	0.40	0.37	0.26	0.32	0.27	0.29	0.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.41%	33.13%	34.74%	39.63%	49.29%	49.01%	50.53%	48.25%	50.85%	54.59%	57.85%
Augmented Payout Ratio	37.45%	36.66%	34.74%	39.63%	49.29%	63.43%	70.34%	68.55%	72.31%	68.85%	87.20%

Key Financial Trends

OceanFirst Financial (NASDAQ: OCFC) has shown a consistent financial performance over the past four years through the second quarter of 2025. The analysis below highlights key trends and noteworthy financial metrics through its income statements, cash flow statements, and balance sheets.

Net Income Growth: Net income has remained positive and relatively stable, with Q2 2025 net income continuing operations at $19.1 million, only slightly down from Q1 2025's $21.5 million. Although there is some quarterly fluctuation, the company maintains solid profitability over the years.
Net Interest Income Stability: Net interest income increased slightly to $87.6 million in Q2 2025 from $86.6 million in Q1 2025 and generally trended upward from prior years, evidencing efficient asset-liability management.
Strong Total Revenue: Total revenue in Q2 2025 reached approximately $99.4 million, up from $97.9 million in Q1 2025 and showing growth compared to the equivalent quarters in 2024.
Consistent Earnings Per Share: Diluted EPS in Q2 2025 stood at $0.28, slightly down from $0.35 in Q1 2025 but reflecting a stable earnings stream. Year-over-year, EPS has shown resilience with slight seasonal variation.
Growing Deposits: Deposits increased by $55.4 million in Q2 2025, with net change in deposits being a positive contributor to financing activities, indicating stable customer trust and liquidity.
Capital Structure and Equity: Total common equity stood strong at approximately $1.64 billion as of Q2 2025, with total equity and noncontrolling interests at about $1.64 billion supporting a solid financial foundation.
Loan Portfolio Focused on Loans Held for Sale: The company's key asset, loans held for sale, remained consistently above $10 billion, reflecting a significant focus on this business segment.

Provision for Credit Losses: Q2 2025 showed a provision for credit losses at $3.0 million, a slight decrease from previous quarters, suggesting stable credit quality but requiring ongoing monitoring.
Capital Expenditures: Investment in property, leasehold improvements, and equipment was moderate at $1.39 million in Q2 2025 compared to prior quarters, reflecting steady ongoing expenditure.
Interest Expenses on Debt: Interest on long-term debt was $14.9 million in Q2 2025, a slight fluctuation over time, indicating steady debt servicing costs but significant interest expense.

Volatility in Non-Cash Adjustments: Non-cash adjustments to reconcile net income swung from a positive $11.3 million in Q1 2025 to a negative $7.4 million in Q2 2025, indicating potential volatility in non-cash items affecting operating cash flow.
Decrease in Net Cash from Operating Activities: Net cash from operating activities improved significantly to $28.6 million in Q2 2025 from a negative $1.8 million in Q1 2025; however, sharp quarterly swings should be watched.
Fluctuating Investment Securities Activity: Large purchase and sale of investment securities can create cash flow volatility; for example, in Q2 2025, purchases amounted to $120.7 million while sales were $154.7 million, impacting investing cash flow.
Repayments of Debt Exceed Issuances: The company repaid $43.1 million of debt in Q2 2025 with only $0.9 million issued, potentially signaling tightening liquidity or focus on reducing leverage.
Negative Accumulated Other Comprehensive Income: The accumulated other comprehensive loss was around $11.4 million in Q2 2025, reflecting some adverse changes in other comprehensive income components.

Summary: OceanFirst Financial exhibits steady profitability, strong net interest income, and robust capital levels. The company maintains a sizable loan portfolio with focus on loans held for sale, supported by consistent deposits growth. While cash flows have shown some quarterly volatility due to investment securities and operating cash adjustments, the overall financial health appears sound. Investors should monitor provision for credit losses and debt repayments to assess credit and liquidity management going forward.

08/30/25 10:04 AM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About OceanFirst Financial's Financials

When does OceanFirst Financial's fiscal year end?

According to the most recent income statement we have on file, OceanFirst Financial's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has OceanFirst Financial's net income changed over the last 10 years?

OceanFirst Financial's net income appears to be on an upward trend, with a most recent value of $100.07 million in 2024, rising from $19.92 million in 2014. The previous period was $104.03 million in 2023. View OceanFirst Financial's forecast to see where analysts expect OceanFirst Financial to go next.

How has OceanFirst Financial's revenue changed over the last 10 years?

Over the last 10 years, OceanFirst Financial's total revenue changed from $90.93 million in 2014 to $384.22 million in 2024, a change of 322.6%.

How much debt does OceanFirst Financial have?

OceanFirst Financial's total liabilities were at $11.72 billion at the end of 2024, a 1.3% decrease from 2023, and a 448.0% increase since 2014.

How much cash does OceanFirst Financial have?

In the past 10 years, OceanFirst Financial's cash and equivalents has ranged from $36.12 million in 2014 to $1.27 billion in 2020, and is currently $123.62 million as of their latest financial filing in 2024.

How has OceanFirst Financial's book value per share changed over the last 10 years?

Over the last 10 years, OceanFirst Financial's book value per share changed from 12.83 in 2014 to 29.11 in 2024, a change of 126.8%.

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This page (NASDAQ:OCFC) was last updated on 8/30/2025 by MarketBeat.com Staff

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OceanFirst Financial (OCFC) Financials

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OceanFirst Financial (OCFC) Financials

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