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OceanFirst Financial (OCFC) Financials

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$18.27 +0.17 (+0.91%)
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Annual Income Statements for OceanFirst Financial

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 20 23 42 72 89 61 106 143 100 96 67
Consolidated Net Income / (Loss)		 20 23 42 72 89 63 110 147 104 100 71
Net Income / (Loss) Continuing Operations		 20 23 42 72 89 63 110 147 104 100 71
Total Pre-Tax Income 		31 35 65 86 107 81 142 194 137 131 93
Total Revenue		 93 141 196 275 298 387 357 437 403 384 405
Net Interest Income / (Expense)		 77 120 169 241 256 313 305 377 370 334 360
Total Interest Income		 86 133 189 277 309 380 342 431 608 642 642
Loans and Leases Interest Income		 78 123 171 250 280 349 315 390 522 545 557
Investment Securities Interest Income		 8.17 10 18 27 29 30 27 41 86 97 86
Total Interest Expense		 9.03 13 20 36 53 67 37 54 238 308 282
Deposits Interest Expense		 4.30 7.52 12 23 38 48 25 31 172 242 216
Long-Term Debt Interest Expense		 4.73 5.65 7.28 14 14 18 12 23 66 66 66
Total Non-Interest Income		 16 20 27 35 42 74 52 59 34 50 45
Other Service Charges		 13 18 25 32 32 30 31 35 31 35 9.60
Net Realized & Unrealized Capital Gains on Investments		 -0.15 0.13 -0.77 -2.67 5.24 38 14 17 -2.56 7.44 7.97
Other Non-Interest Income		 1.50 2.23 3.30 5.11 5.42 6.42 6.83 6.58 5.28 7.91 27
Provision for Credit Losses		 1.28 2.62 4.45 3.49 1.64 59 -12 7.77 18 7.69 16
Total Non-Interest Expense		 61 103 127 186 189 246 227 235 249 246 296
Salaries and Employee Benefits		 32 47 60 83 90 114 120 132 136 138 159
Net Occupancy & Equipment Expense		 14 21 26 40 40 46 47 49 51 49 54
Marketing Expense		 1.52 1.88 2.68 3.42 3.47 3.12 2.17 2.95 4.24 5.17 5.65
Property & Liability Insurance Claims		 2.07 2.83 2.56 3.71 2.23 4.87 6.16 7.36 11 11 12
Other Operating Expenses		 9.16 13 25 26 39 56 44 36 43 37 46
Amortization Expense		 0.02 0.62 2.04 3.81 4.03 6.19 5.45 4.72 3.98 3.33 3.63
Restructuring Charge		 1.88 17 8.29 27 11 16 1.50 2.74 0.02 1.78 16
Income Tax Expense		 11 12 23 14 19 18 32 47 33 30 21
Preferred Stock Dividends Declared		 - - - 0.00 0.00 2.10 4.02 4.02 4.02 4.02 3.85
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - - - - - - 0.05
Basic Earnings per Share		 $1.22 $1.00 $1.32 $1.54 $1.77 $1.02 $1.79 $2.43 $1.70 $1.65 $1.17
Weighted Average Basic Shares Outstanding		 16.60M 23.09M 32.11M 46.77M 50.17M 59.92M 59.41M 58.73M 58.95M 58.30M 57.42M
Diluted Earnings per Share		 $1.21 $0.98 $1.28 $1.51 $1.75 $1.02 $1.78 $2.42 $1.70 $1.65 $1.17
Weighted Average Diluted Shares Outstanding		 16.81M 23.53M 33.13M 47.66M 50.75M 60.07M 59.65M 58.88M 58.96M 58.30M 57.43M
Weighted Average Basic & Diluted Shares Outstanding		 16.70M 23M 32.20M 46.70M 60.30M 59.92M 59.24M 59.20M 58.95M 58.56M 57.40M
Cash Dividends to Common per Share		 - - - $0.62 $0.68 $0.68 $0.68 $0.74 $0.80 $0.80 $0.80

Quarterly Income Statements for OceanFirst Financial

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 20 27 28 23 24 21 21 16 17 13 21
Consolidated Net Income / (Loss)		 21 28 29 24 25 22 22 19 17 13 21
Net Income / (Loss) Continuing Operations		 21 28 29 24 25 22 21 19 17 13 21
Total Pre-Tax Income 		27 36 39 32 33 27 28 25 23 17 27
Total Revenue		 102 100 99 93 97 96 98 99 103 105 103
Net Interest Income / (Expense)		 91 88 86 82 82 83 87 88 91 95 96
Total Interest Income		 158 160 162 159 162 160 154 155 162 172 168
Loans and Leases Interest Income		 134 137 137 136 137 135 133 135 142 147 145
Investment Securities Interest Income		 24 23 24 23 25 24 21 19 20 25 23
Total Interest Expense		 67 73 75 77 79 76 67 67 72 76 72
Deposits Interest Expense		 53 59 60 60 62 60 51 52 53 60 54
Long-Term Debt Interest Expense		 14 13 16 17 17 16 16 15 18 17 18
Total Non-Interest Income		 11 12 12 11 15 12 11 12 12 9.41 6.75
Other Service Charges		 7.84 7.92 8.01 7.71 11 8.56 7.73 8.34 7.72 -14 5.08
Net Realized & Unrealized Capital Gains on Investments		 1.53 2.51 2.42 1.55 2.34 1.14 1.67 1.61 2.60 2.09 -0.20
Other Non-Interest Income		 1.39 1.43 1.86 1.73 1.78 2.54 1.85 1.79 1.99 22 1.87
Provision for Credit Losses		 10 3.15 0.59 3.11 0.52 3.47 5.34 3.04 4.09 3.70 2.74
Total Non-Interest Expense		 64 60 59 59 64 65 64 71 76 84 73
Salaries and Employee Benefits		 36 32 33 33 36 37 37 40 41 41 39
Net Occupancy & Equipment Expense		 13 13 12 12 12 13 13 13 14 14 14
Marketing Expense		 1.18 1.11 0.99 1.18 1.39 1.62 1.11 1.54 1.54 1.47 0.96
Property & Liability Insurance Claims		 2.56 4.39 3.14 2.69 2.62 2.52 2.98 2.90 2.62 3.10 3.22
Other Operating Expenses		 11 8.77 8.66 8.55 9.29 10 9.46 13 12 12 11
Amortization Expense		 0.99 0.98 0.84 0.81 0.80 0.88 0.94 0.91 0.90 0.89 0.85
Restructuring Charge		 0.00 - - - 1.67 0.11 0.00 - 4.15 - 4.28
Income Tax Expense		 6.46 8.59 11 7.08 7.46 5.08 6.81 5.77 5.16 3.75 6.55
Preferred Stock Dividends Declared		 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 1.84 0.00
Basic Earnings per Share		 $0.33 $0.46 $0.47 $0.40 $0.42 $0.36 $0.35 $0.28 $0.30 $0.24 $0.36
Weighted Average Basic Shares Outstanding		 59.10M 58.95M 58.79M 58.36M 58.07M 58.30M 58.10M 57.74M 57.03M 57.42M 57.04M
Diluted Earnings per Share		 $0.33 $0.46 $0.47 $0.40 $0.42 $0.36 $0.35 $0.28 $0.30 $0.24 $0.36
Weighted Average Diluted Shares Outstanding		 59.11M 58.96M 58.79M 58.36M 58.07M 58.30M 58.11M 57.74M 57.04M 57.43M 57.05M
Weighted Average Basic & Diluted Shares Outstanding		 59.42M 58.95M 58.71M 58.48M 58.46M 58.56M 58.38M 57.39M 57.39M 57.40M 57.60M

Annual Cash Flow Statements for OceanFirst Financial

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
Net Change in Cash & Equivalents		 7.83 257 -192 13 11 1,185 -1,094 -57 -14 -30 12
Net Cash From Operating Activities		 28 33 80 93 100 133 160 250 124 92 87
Net Cash From Continuing Operating Activities		 28 33 80 93 100 133 160 250 124 92 87
Net Income / (Loss) Continuing Operations		 20 23 42 72 89 63 110 147 104 100 71
Consolidated Net Income / (Loss)		 20 23 42 72 89 63 110 147 104 100 71
Provision For Loan Losses		 1.28 2.62 4.45 3.49 1.64 59 -12 7.77 18 7.69 16
Depreciation Expense		 3.34 4.79 6.30 8.71 8.36 8.45 9.36 12 12 11 10
Amortization Expense		 2.31 2.16 5.92 8.73 9.10 15 16 14 6.71 2.08 -8.52
Non-Cash Adjustments to Reconcile Net Income		 2.87 2.62 34 -18 8.89 -95 36 -16 0.81 -23 20
Changes in Operating Assets and Liabilities, net		 -1.79 -1.81 -13 17 -16 82 0.47 86 -17 -5.47 -21
Net Cash From Investing Activities		 -95 272 -455 49 -172 -22 -1,478 -1,321 -488 106 -1,176
Net Cash From Continuing Investing Activities		 -95 272 -455 49 -172 -22 -1,478 -1,321 -488 106 -1,176
Purchase of Property, Leasehold Improvements and Equipment		 -3.89 -6.67 -49 -11 -5.08 -15 -42 -21 -7.71 -7.57 -7.70
Purchase of Investment Securities		 -244 -137 -557 -370 -282 -458 -1,358 -791 -525 -516 -1,201
Sale of Property, Leasehold Improvements and Equipment		 - 0.00 0.00 10 2.35 1.17 3.54 8.13 3.72 4.26 0.00
Divestitures		 3.70 49 - 0.00 - 23 0.00 39 0.00 0.00 2.75
Sale and/or Maturity of Investments		 149 366 150 316 328 854 475 571 285 427 944
Other Investing Activities, net		 - - - 104 -216 -428 -556 -1,127 -244 199 -914
Net Cash From Financing Activities		 75 -48 183 -128 83 1,075 224 1,014 349 -229 1,100
Net Cash From Continuing Financing Activities		 75 -48 183 -128 83 1,075 224 1,014 349 -229 1,100
Net Change in Deposits		 73 131 156 -143 66 1,508 408 -57 760 -367 858
Issuance of Debt		 55 89 50 126 186 701 0.00 1,211 -363 224 506
Repayment of Debt		 -40 -259 -1.92 -68 -107 -1,128 -17 -85 3.95 -13 -131
Repurchase of Preferred Equity		 - - - - - - - - 0.00 0.00 -57
Repurchase of Common Equity		 -6.46 -1.88 0.00 -11 -26 -15 -36 -7.40 0.00 -21 -25
Payment of Dividends		 -8.69 -13 -19 -30 -34 -43 -45 -48 -51 -51 -48
Other Financing Activities, Net		 1.03 5.72 -1.04 -3.46 -1.71 -3.65 -86 -0.76 -0.70 -1.20 -2.79
Cash Interest Paid		 8.93 13 20 36 52 66 37 50 225 320 279
Cash Income Taxes Paid		 11 11 6.01 2.32 20 5.74 51 25 29 34 21

Quarterly Cash Flow Statements for OceanFirst Financial

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -49 -255 -23 51 33 -91 40 6.88 104 -139 1.85
Net Cash From Operating Activities		 55 -27 46 24 -22 45 -1.79 29 24 36 25
Net Cash From Continuing Operating Activities		 55 -27 46 24 -22 45 -1.79 29 24 36 25
Net Income / (Loss) Continuing Operations		 21 28 29 24 25 22 21 19 17 13 21
Consolidated Net Income / (Loss)		 21 28 29 24 25 22 21 19 17 13 21
Provision For Loan Losses		 10 3.15 0.59 3.11 0.52 3.47 5.34 3.04 4.09 3.70 2.74
Depreciation Expense		 3.08 3.16 2.87 2.83 2.58 2.63 2.54 2.54 2.61 2.60 2.64
Amortization Expense		 2.85 0.33 0.44 0.89 0.84 -0.09 -1.26 -1.08 -1.81 -4.37 -3.50
Non-Cash Adjustments to Reconcile Net Income		 1.57 -5.55 -0.56 -0.51 -23 0.63 11 -7.36 -3.15 19 5.62
Changes in Operating Assets and Liabilities, net		 17 -56 14 -7.04 -29 16 -41 12 5.28 2.18 -2.79
Net Cash From Investing Activities		 8.73 -342 121 148 -154 -8.60 124 -24 -888 -387 -1.59
Net Cash From Continuing Investing Activities		 8.73 -342 121 148 -154 -8.60 124 -24 -888 -387 -1.59
Purchase of Property, Leasehold Improvements and Equipment		 -1.35 -1.65 -0.68 -4.18 -1.09 -1.62 -1.86 -1.39 -1.57 -2.88 -2.21
Purchase of Investment Securities		 -2.41 -347 -23 -53 -256 -185 -84 -121 -827 -167 -158
Sale and/or Maturity of Investments		 59 36 74 96 104 152 195 155 311 270 249
Other Investing Activities, net		 -47 -33 70 105 -1.51 26 14 -56 -370 -490 -90
Net Cash From Financing Activities		 -112 114 -190 -121 209 -127 -82 1.98 967 212 -22
Net Cash From Continuing Financing Activities		 -112 114 -190 -121 209 -127 -82 1.98 967 212 -22
Net Change in Deposits		 376 -99 -198 -243 122 -48 111 55 204 488 192
Issuance of Debt		 8.50 -376 229 196 -3.69 -6.64 4.55 0.89 636 -131 13
Repayment of Debt		 -486 609 -197 -53 103 -56 -182 43 - - -217
Repurchase of Common Equity		 - - -15 -4.96 -1.40 0.01 -6.90 -17 -0.04 -0.56 -3.39
Payment of Dividends		 -13 -13 -13 -13 -13 -13 -13 -13 -11 -11 -11
Other Financing Activities, Net		 1.85 -7.18 3.59 -3.03 2.02 -3.77 4.23 -10 4.99 -1.99 5.77
Cash Interest Paid		 63 76 63 83 74 101 67 67 72 74 67
Cash Income Taxes Paid		 8.08 1.18 1.90 18 7.19 6.90 1.57 11 4.70 3.03 3.83

Annual Balance Sheets for OceanFirst Financial

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
Total Assets		 2,593 5,167 5,416 7,516 8,246 11,448 11,740 13,104 13,538 13,421 14,564
Cash and Due from Banks		 44 301 110 121 121 1,272 205 168 154 124 135
Trading Account Securities		 425 611 846 948 920 1,121 1,707 1,679 1,914 828 1,232
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		 1,973 3,805 3,966 5,579 0.00 7,750 8,583 9,869 10,142 21 5.77
Premises and Equipment, Net		 28 71 102 111 103 107 126 127 121 115 113
Goodwill		 1.82 145 151 338 375 500 500 506 506 523 517
Intangible Assets		 0.26 11 8.89 17 16 24 18 13 9.51 13 9.05
Other Assets		 121 222 234 402 6,713 674 600 741 692 11,798 12,552
Total Liabilities & Shareholders' Equity		 2,593 5,167 5,416 7,516 8,246 11,448 11,740 13,104 13,538 13,421 14,564
Total Liabilities		 2,355 4,595 4,814 6,477 7,093 9,964 10,223 11,518 11,876 11,718 12,902
Non-Interest Bearing Deposits		 1,917 4,188 4,343 5,815 6,329 9,428 9,733 9,675 10,435 10,066 10,964
Interest Bearing Deposits		 7.12 14 11 14 14 17 20 21 22 23 21
Short-Term Debt		 98 126 136 161 72 128 119 69 73 61 54
Long-Term Debt		 324 250 289 449 616 235 229 1,407 1,045 1,270 1,652
Other Long-Term Liabilities		 8.07 16 35 37 63 155 122 346 301 298 209
Total Equity & Noncontrolling Interests		 238 572 602 1,039 1,153 1,484 1,517 1,585 1,662 1,703 1,663
Total Preferred & Common Equity		 238 572 602 1,039 1,153 1,484 1,517 1,585 1,661 1,702 1,663
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		 238 572 602 1,039 1,153 1,484 1,517 1,585 1,661 1,702 1,663
Common Stock		 267 362 352 749 833 1,131 1,139 1,149 1,159 1,169 1,119
Retained Earnings		 229 238 271 305 359 378 442 541 593 642 663
Treasury Stock		 -252 -23 -16 -11 -37 -26 -62 -69 -69 -91 -116
Accumulated Other Comprehensive Income / (Loss)		 -6.24 -5.75 -5.35 -3.45 -1.21 0.62 -2.82 -36 -21 -16 -2.16
Other Equity Adjustments		 0.31 0.31 0.08 0.09 - - - - - -2.54 -1.30

Quarterly Balance Sheets for OceanFirst Financial

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 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 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 9/30/2025 3/31/2026
Total Assets		 12,683 13,555 13,539 13,498 13,419 13,322 13,488 13,309 13,328 14,325 14,556
Cash and Due from Banks		 171 496 458 409 130 181 214 164 171 274 137
Trading Account Securities		 1,498 1,698 1,675 1,643 1,874 1,827 1,987 1,752 1,705 2,181 1,181
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		 9,676 9,989 10,034 10,068 10,073 9,963 9,987 10,068 10,136 10,508 0.00
Premises and Equipment, Net		 128 126 124 123 119 117 116 115 113 112 112
Goodwill		 506 506 506 506 506 506 506 523 523 523 517
Intangible Assets		 15 12 11 10 8.67 7.86 7.06 12 11 9.93 8.20
Other Assets		 690 728 731 739 708 719 672 677 670 716 12,601
Total Liabilities & Shareholders' Equity		 12,683 13,555 13,539 13,498 13,419 13,322 13,488 13,309 13,328 14,325 14,556
Total Liabilities		 11,143 11,945 11,913 11,861 11,753 11,645 11,794 11,600 11,684 12,671 12,887
Non-Interest Bearing Deposits		 9,959 9,993 10,158 10,534 10,237 9,994 10,116 10,177 10,232 10,436 11,156
Interest Bearing Deposits		 25 31 28 30 28 25 27 29 19 24 26
Short-Term Debt		 291 71 74 83 67 504 81 65 61 65 67
Long-Term Debt		 514 1,542 1,288 802 1,084 789 1,312 1,089 1,137 1,904 1,436
Other Long-Term Liabilities		 353 307 364 412 337 332 258 240 235 243 202
Total Equity & Noncontrolling Interests		 1,540 1,610 1,626 1,638 1,666 1,677 1,695 1,709 1,644 1,653 1,669
Total Preferred & Common Equity		 1,539 1,610 1,625 1,637 1,665 1,676 1,694 1,708 1,643 1,653 1,669
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		 1,539 1,610 1,625 1,637 1,665 1,676 1,694 1,708 1,643 1,653 1,669
Common Stock		 1,147 1,153 1,155 1,157 1,160 1,162 1,164 1,169 1,114 1,115 1,122
Retained Earnings		 500 555 570 578 608 620 632 651 655 661 672
Treasury Stock		 -69 -69 -69 -69 -84 -89 -91 -98 -115 -115 -119
Accumulated Other Comprehensive Income / (Loss)		 -38 -29 -30 -29 -19 -17 -12 -13 -11 -8.79 -4.57
Other Equity Adjustments		 - - - - - - - - - - -0.99

Annual Metrics And Ratios for OceanFirst Financial

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

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 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 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 57,388,784.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 57,388,784.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 1.24
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 2.56% 50.85% 39.54% 40.27% 8.28% 29.77% -7.65% 22.20% -7.61% -4.74% 5.39%
EBITDA Growth		 -1.31% 14.37% 84.00% 32.74% 21.26% -16.52% 60.90% 30.77% -28.94% -7.81% -34.35%
EBIT Growth		 2.21% 12.80% 85.59% 30.89% 25.56% -24.51% 75.52% 36.33% -29.47% -4.47% -29.19%
NOPAT Growth		 2.02% 13.40% 84.28% 69.37% 23.14% -28.52% 73.87% 33.87% -29.38% -3.53% -29.25%
Net Income Growth		 2.02% 13.40% 84.28% 69.37% 23.14% -28.52% 73.87% 33.18% -29.04% -3.81% -29.02%
EPS Growth		 1.68% -19.01% 30.61% 17.97% 15.89% -41.71% 74.51% 35.96% -29.75% -2.94% -29.09%
Operating Cash Flow Growth		 2.72% 17.98% 139.74% 15.50% 8.32% 32.33% 20.59% 56.56% -50.38% -25.77% -5.46%
Free Cash Flow Firm Growth		 80.59% -1,099.01% 86.60% -1,454.92% 81.44% 154.90% 66.75% -1,220.24% 136.69% -139.71% -73.24%
Invested Capital Growth		 6.85% 43.51% 8.21% 60.69% 11.57% 0.39% 0.89% 64.18% -9.18% 9.11% 11.07%
Revenue Q/Q Growth		 2.37% 13.94% 3.83% 8.40% 1.36% 11.63% -6.52% 11.22% -7.85% -1.06% 2.31%
EBITDA Q/Q Growth		 0.80% 3.92% 19.66% 12.70% -3.30% -19.18% -11.12% 24.44% -19.63% -6.54% -13.49%
EBIT Q/Q Growth		 1.91% 3.01% 20.48% 14.55% -3.91% -26.26% -12.61% 29.59% -20.22% -6.51% -10.10%
NOPAT Q/Q Growth		 1.49% 3.70% 10.12% 30.42% -3.57% 17.90% -8.64% 26.27% -19.72% -5.27% -11.32%
Net Income Q/Q Growth		 1.49% 3.70% 10.12% 30.42% -3.57% 17.90% -8.64% 25.83% -19.42% -5.45% -10.99%
EPS Q/Q Growth		 0.00% -7.55% 6.67% 21.77% -5.41% 7.37% -8.72% 27.37% -20.19% -5.71% -9.30%
Operating Cash Flow Q/Q Growth		 -17.01% -36.63% 59.63% 16.17% -10.73% -9.02% 28.83% -0.19% -35.12% 347.41% -9.17%
Free Cash Flow Firm Q/Q Growth		 45.31% -33.35% 77.10% 8.85% -28.88% 117.40% -78.22% -205.49% 909.17% 66.66% 41.71%
Invested Capital Q/Q Growth		 15.36% 19.53% 4.01% 0.17% 1.24% -15.80% -1.11% 30.50% 10.20% -1.75% -6.97%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 39.52% 29.96% 39.51% 37.39% 41.87% 26.93% 46.93% 50.22% 38.63% 37.38% 23.29%
EBIT Margin		 33.46% 25.02% 33.28% 31.05% 36.01% 20.95% 39.81% 44.42% 33.91% 34.01% 22.85%
Profit (Net Income) Margin		 21.79% 16.38% 21.64% 26.13% 29.71% 16.36% 30.81% 33.58% 25.79% 26.04% 17.54%
Tax Burden Percent		 65.12% 65.47% 65.01% 84.13% 82.50% 78.12% 77.39% 75.60% 76.06% 76.59% 76.77%
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		 34.88% 34.53% 34.99% 15.87% 17.50% 21.88% 22.61% 24.01% 23.91% 23.16% 23.23%
Return on Invested Capital (ROIC)		 3.18% 2.86% 4.30% 5.37% 5.07% 3.43% 5.93% 5.98% 3.56% 3.45% 2.22%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.18% 2.86% 4.30% 5.37% 5.07% 3.43% 5.93% 5.90% 3.56% 3.43% 2.22%
Return on Net Nonoperating Assets (RNNOA)		 5.72% 2.83% 2.94% 3.39% 3.01% 1.37% 1.41% 3.47% 2.84% 2.49% 2.00%
Return on Equity (ROE)		 8.90% 5.69% 7.24% 8.77% 8.08% 4.80% 7.34% 9.45% 6.41% 5.95% 4.22%
Cash Return on Invested Capital (CROIC)		 -3.45% -32.87% -3.59% -41.19% -5.86% 3.05% 5.05% -42.61% 13.18% -5.26% -8.27%
Operating Return on Assets (OROA)		 1.26% 0.91% 1.23% 1.32% 1.36% 0.82% 1.23% 1.56% 1.03% 0.97% 0.66%
Return on Assets (ROA)		 0.82% 0.59% 0.80% 1.11% 1.12% 0.64% 0.95% 1.18% 0.78% 0.74% 0.51%
Return on Common Equity (ROCE)		 8.90% 5.69% 7.24% 8.77% 8.08% 4.80% 7.34% 9.45% 6.40% 5.94% 4.22%
Return on Equity Simple (ROE_SIMPLE)		 8.52% 4.03% 7.06% 6.92% 7.68% 4.27% 7.26% 9.25% 6.26% 5.88% 4.27%
Net Operating Profit after Tax (NOPAT)		 20 23 42 72 89 63 110 147 104 100 71
NOPAT Margin		 21.79% 16.38% 21.64% 26.13% 29.71% 16.36% 30.81% 33.75% 25.80% 26.13% 17.54%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.08% 0.00% 0.03% 0.00%
SG&A Expenses to Revenue		 51.09% 49.76% 45.37% 45.79% 44.64% 42.21% 47.49% 42.09% 47.28% 50.19% 54.13%
Operating Expenses to Revenue		 65.17% 73.11% 64.46% 67.68% 63.44% 63.70% 63.50% 53.80% 61.71% 63.99% 73.16%
Earnings before Interest and Taxes (EBIT)		 31 35 65 86 107 81 142 194 137 131 93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 37 42 78 103 125 104 168 219 156 144 94
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.08 1.04 1.11 0.84 0.92 0.65 0.77 0.71 0.59 0.61 0.61
Price to Tangible Book Value (P/TBV)		 1.09 1.43 1.51 1.27 1.39 1.00 1.17 1.06 0.85 0.90 0.90
Price to Revenue (P/Rev)		 2.76 4.23 3.41 3.17 3.56 2.49 3.27 2.58 2.41 2.72 2.52
Price to Earnings (P/E)		 12.68 25.81 15.77 12.11 11.97 15.76 11.02 7.91 9.72 10.89 15.18
Dividend Yield		 3.49% 2.35% 2.92% 3.44% 3.23% 4.26% 3.46% 3.88% 4.89% 4.47% 4.50%
Earnings Yield		 7.89% 3.87% 6.34% 8.25% 8.36% 6.35% 9.07% 12.64% 10.29% 9.18% 6.59%
Enterprise Value to Invested Capital (EV/IC)		 0.96 0.71 0.96 0.83 0.88 0.03 0.70 0.80 0.70 0.74 0.77
Enterprise Value to Revenue (EV/Rev)		 6.83 4.77 5.02 4.94 5.46 0.15 3.67 5.58 4.80 5.87 6.40
Enterprise Value to EBITDA (EV/EBITDA)		 17.27 15.91 12.70 13.22 13.04 0.54 7.82 11.11 12.43 15.70 27.47
Enterprise Value to EBIT (EV/EBIT)		 20.40 19.05 15.08 15.92 15.16 0.69 9.22 12.56 14.17 17.26 28.00
Enterprise Value to NOPAT (EV/NOPAT)		 31.32 29.09 23.19 18.92 18.37 0.89 11.92 16.53 18.62 22.46 36.48
Enterprise Value to Operating Cash Flow (EV/OCF)		 22.47 20.06 12.29 14.71 16.23 0.42 8.20 9.73 15.59 24.44 29.71
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 1.00 14.00 0.00 5.03 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.77 0.66 0.71 0.59 0.60 0.25 0.23 0.93 0.67 0.78 1.03
Long-Term Debt to Equity		 1.36 0.44 0.48 0.43 0.53 0.16 0.15 0.89 0.63 0.75 0.99
Financial Leverage		 1.80 0.99 0.68 0.63 0.59 0.40 0.24 0.59 0.80 0.73 0.90
Leverage Ratio		 10.84 9.58 9.02 7.88 7.19 7.47 7.73 8.01 8.20 8.01 8.32
Compound Leverage Factor		 10.84 9.58 9.02 7.88 7.19 7.47 7.73 8.01 8.20 8.01 8.32
Debt to Total Capital		 63.94% 39.73% 41.38% 37.01% 37.36% 19.69% 18.66% 48.21% 40.22% 43.87% 50.66%
Short-Term Debt to Total Capital		 14.88% 13.33% 13.26% 9.78% 3.90% 6.95% 6.37% 2.26% 2.63% 2.00% 1.62%
Long-Term Debt to Total Capital		 49.06% 26.40% 28.12% 27.23% 33.46% 12.74% 12.29% 45.95% 37.59% 41.87% 49.04%
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% 0.03% 0.03% 0.04% 0.00%
Common Equity to Total Capital		 36.06% 60.27% 58.62% 62.99% 62.64% 80.31% 81.34% 51.77% 59.75% 56.10% 49.34%
Debt to EBITDA		 11.47 8.94 5.48 5.93 5.51 3.49 2.08 6.73 7.18 9.26 18.10
Net Debt to EBITDA		 10.28 1.79 4.07 4.76 4.54 -8.72 0.85 5.96 6.19 8.40 16.67
Long-Term Debt to EBITDA		 8.80 5.94 3.72 4.37 4.94 2.26 1.37 6.42 6.71 8.84 17.52
Debt to NOPAT		 20.80 16.36 10.00 8.49 7.77 5.75 3.16 10.01 10.75 13.26 24.03
Net Debt to NOPAT		 18.64 3.28 7.42 6.81 6.40 -14.35 1.30 8.87 9.27 12.02 22.13
Long-Term Debt to NOPAT		 15.96 10.87 6.80 6.25 6.96 3.72 2.08 9.55 10.04 12.65 23.26
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.05% 0.06% 0.03%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -22 -265 -35 -551 -102 56 94 -1,049 385 -153 -265
Operating Cash Flow to CapEx		 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% 1,132.61%
Free Cash Flow to Firm to Interest Expense		 -2.44 -20.11 -1.81 -15.25 -1.94 0.84 2.55 -19.54 1.62 -0.50 -0.94
Operating Cash Flow to Interest Expense		 3.14 2.54 4.09 2.56 1.90 1.99 4.35 4.66 0.52 0.30 0.31
Operating Cash Flow Less CapEx to Interest Expense		 2.71 2.03 1.60 2.52 1.85 1.79 3.31 4.43 0.50 0.29 0.28
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.04 0.03 0.03 0.03
Fixed Asset Turnover		 3.51 2.82 2.27 2.59 2.79 3.69 3.07 3.46 3.25 3.25 3.55
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 661 949 1,027 1,650 1,841 1,848 1,864 3,061 2,780 3,033 3,369
Invested Capital Turnover		 0.15 0.17 0.20 0.21 0.17 0.21 0.19 0.18 0.14 0.13 0.13
Increase / (Decrease) in Invested Capital		 42 288 78 623 191 7.14 16 1,197 -281 253 336
Enterprise Value (EV)		 636 670 985 1,361 1,627 56 1,312 2,436 1,937 2,255 2,591
Market Capitalization		 258 595 670 871 1,060 964 1,169 1,128 972 1,046 1,019
Book Value per Share		 $13.80 $22.12 $18.47 $21.51 $22.90 $24.58 $25.52 $26.79 $27.95 $29.11 $28.97
Tangible Book Value per Share		 $13.68 $16.09 $13.58 $14.16 $15.15 $15.90 $16.80 $18.01 $19.28 $19.94 $19.80
Total Capital		 661 949 1,027 1,650 1,841 1,848 1,864 3,061 2,780 3,033 3,369
Total Debt		 423 377 425 611 688 364 348 1,476 1,118 1,331 1,707
Total Long-Term Debt		 324 250 289 449 616 235 229 1,407 1,045 1,270 1,652
Net Debt		 379 76 315 490 567 -908 143 1,308 965 1,207 1,572
Capital Expenditures (CapEx)		 3.89 6.67 49 1.44 2.72 14 38 13 3.99 3.30 7.70
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.75 0.04 0.33 0.00
Net Nonoperating Obligations (NNO)		 423 377 425 611 688 364 348 1,476 1,118 1,331 1,707
Total Depreciation and Amortization (D&A)		 5.65 6.95 12 17 17 23 25 25 19 13 1.78
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.22 $1.00 $1.32 $1.54 $1.77 $1.02 $1.79 $2.43 $1.70 $1.65 $1.17
Adjusted Weighted Average Basic Shares Outstanding		 16.60M 23.09M 32.11M 46.77M 50.17M 59.92M 59.41M 58.73M 58.95M 58.30M 57.42M
Adjusted Diluted Earnings per Share		 $1.21 $0.98 $1.28 $1.51 $1.75 $1.02 $1.78 $2.42 $1.70 $1.65 $1.17
Adjusted Weighted Average Diluted Shares Outstanding		 16.81M 23.53M 33.13M 47.66M 50.75M 60.07M 59.65M 58.88M 58.96M 58.30M 57.43M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $1.77 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 17.29M 32.39M 47.99M 51.40M 60.30M 59.92M 59.24M 59.20M 58.95M 58.56M 57.40M
Normalized Net Operating Profit after Tax (NOPAT)		 22 34 48 95 97 76 111 149 104 102 83
Normalized NOPAT Margin		 23.10% 24.08% 24.38% 34.35% 32.62% 19.58% 31.14% 34.23% 25.80% 26.48% 20.53%
Pre Tax Income Margin		 33.46% 25.02% 33.28% 31.05% 36.01% 20.95% 39.81% 44.42% 33.91% 34.01% 22.85%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 3.45 2.67 3.33 2.37 2.03 1.22 3.87 3.61 0.57 0.42 0.33
NOPAT to Interest Expense		 2.25 1.75 2.17 1.99 1.68 0.95 2.99 2.74 0.44 0.33 0.25
EBIT Less CapEx to Interest Expense		 3.02 2.17 0.85 2.33 1.98 1.01 2.82 3.37 0.56 0.41 0.30
NOPAT Less CapEx to Interest Expense		 1.82 1.24 -0.32 1.95 1.63 0.75 1.95 2.51 0.42 0.32 0.22
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 42.78% 54.74% 45.41% 41.10% 38.66% 67.79% 40.44% 32.41% 49.29% 50.85% 67.93%
Augmented Payout Ratio		 74.56% 62.89% 45.41% 56.17% 68.09% 91.19% 73.19% 37.45% 49.29% 72.31% 103.00%

Quarterly Metrics And Ratios for OceanFirst Financial

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - 57,388,784.00 57,402,016.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 57,388,784.00 57,402,016.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 0.23 0.36
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -8.42% -25.63% -2.34% -7.71% -4.77% -4.14% -0.61% 6.56% 6.25% 9.55% 5.40%
EBITDA Growth		 -42.01% -48.85% 1.83% -14.60% 9.55% -25.22% -30.55% -25.30% -35.26% -49.38% -11.38%
EBIT Growth		 -46.82% -48.82% 7.37% -14.55% 20.97% -25.03% -27.97% -21.13% -30.96% -38.16% -4.30%
NOPAT Growth		 -47.09% -47.94% 2.55% -12.37% 22.67% -20.14% -24.98% -21.89% -30.97% -40.92% -4.46%
Net Income Growth		 -46.47% -47.52% 2.81% -12.32% 21.53% -20.85% -24.97% -21.86% -31.00% -40.02% -4.66%
EPS Growth		 -48.44% -48.31% 2.17% -11.11% 27.27% -21.74% -25.53% -30.00% -28.57% -33.33% 2.86%
Operating Cash Flow Growth		 -34.50% -166.31% 89.19% -67.01% -140.84% 267.03% -103.87% 20.52% 209.04% -19.64% 1,511.53%
Free Cash Flow Firm Growth		 62.82% 127.00% 133.77% 106.50% -244.31% -174.87% -105.70% 249.50% 4.13% -39.67% -1,063.20%
Invested Capital Growth		 7.55% -9.18% -12.62% -0.60% 22.38% 9.11% 1.64% -4.33% 17.31% 11.07% 10.80%
Revenue Q/Q Growth		 0.71% -2.04% -1.18% -5.34% 3.92% -1.38% 2.45% 1.50% 3.61% 1.68% -1.43%
EBITDA Q/Q Growth		 -20.19% 20.97% 6.84% -17.22% 2.39% -17.42% -0.77% -10.96% -11.27% -35.43% 73.72%
EBIT Q/Q Growth		 -26.81% 34.65% 7.99% -19.70% 3.60% -16.55% 3.77% -12.08% -9.31% -25.26% 60.59%
NOPAT Q/Q Growth		 -26.36% 35.16% 3.09% -14.60% 3.09% -12.01% -3.15% -11.08% -8.90% -24.69% 56.62%
Net Income Q/Q Growth		 -25.65% 33.94% 3.56% -14.98% 3.05% -12.77% -1.83% -11.45% -9.01% -24.17% 56.03%
EPS Q/Q Growth		 -26.67% 39.39% 2.17% -14.89% 5.00% -14.29% -2.78% -20.00% 7.14% -20.00% 50.00%
Operating Cash Flow Q/Q Growth		 -23.74% -148.93% 271.91% -48.57% -194.40% 300.12% -103.99% 1,700.39% -14.60% 47.49% -29.98%
Free Cash Flow Firm Q/Q Growth		 75.90% 297.03% 41.03% -90.29% -1,376.44% 57.15% 89.26% 695.06% -450.14% 37.58% 10.56%
Invested Capital Q/Q Growth		 -15.58% 10.20% 1.32% 5.46% 3.94% -1.75% -5.62% -0.74% 27.45% -6.97% -5.85%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 32.36% 39.96% 43.20% 37.78% 37.22% 31.17% 30.19% 26.48% 22.68% 14.40% 25.38%
EBIT Margin		 26.52% 36.46% 39.84% 33.80% 33.69% 28.51% 28.88% 25.01% 21.89% 16.09% 26.22%
Profit (Net Income) Margin		 20.31% 27.77% 29.10% 26.14% 25.92% 22.93% 21.97% 19.17% 16.83% 12.55% 19.87%
Tax Burden Percent		 76.57% 76.17% 73.04% 77.34% 76.93% 80.41% 76.08% 76.63% 76.88% 78.01% 75.80%
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		 23.93% 23.64% 27.10% 22.47% 22.86% 18.66% 24.08% 23.22% 22.87% 22.28% 24.20%
Return on Invested Capital (ROIC)		 3.63% 3.84% 3.86% 3.46% 3.60% 3.07% 2.96% 2.58% 1.99% 1.58% 2.70%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.64% 3.84% 3.86% 3.45% 3.59% 3.04% 2.97% 2.57% 1.99% 1.59% 2.70%
Return on Net Nonoperating Assets (RNNOA)		 1.94% 3.07% 3.26% 2.78% 2.46% 2.22% 2.03% 1.93% 2.00% 1.43% 2.12%
Return on Equity (ROE)		 5.57% 6.91% 7.11% 6.23% 6.05% 5.28% 4.99% 4.51% 3.99% 3.01% 4.83%
Cash Return on Invested Capital (CROIC)		 -1.95% 13.18% 16.94% 4.00% -16.35% -5.26% 1.65% 7.45% -13.55% -8.27% -7.93%
Operating Return on Assets (OROA)		 0.89% 1.10% 1.18% 0.99% 0.97% 0.81% 0.83% 0.73% 0.62% 0.47% 0.77%
Return on Assets (ROA)		 0.68% 0.84% 0.87% 0.77% 0.75% 0.65% 0.63% 0.56% 0.48% 0.36% 0.59%
Return on Common Equity (ROCE)		 5.56% 6.91% 7.11% 6.23% 6.05% 5.28% 4.98% 4.50% 3.99% 3.01% 4.82%
Return on Equity Simple (ROE_SIMPLE)		 7.89% 0.00% 6.29% 6.05% 6.25% 0.00% 5.44% 5.33% 4.83% 0.00% 4.19%
Net Operating Profit after Tax (NOPAT)		 21 28 29 24 25 22 21 19 17 13 21
NOPAT Margin		 20.18% 27.84% 29.04% 26.20% 25.99% 23.19% 21.92% 19.21% 16.89% 12.51% 19.87%
Net Nonoperating Expense Percent (NNEP)		 -0.02% 0.01% 0.00% 0.00% 0.01% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 48.59% 46.20% 46.73% 49.94% 50.93% 53.25% 52.00% 55.26% 55.48% 53.74% 52.57%
Operating Expenses to Revenue		 63.37% 60.38% 59.56% 62.86% 65.77% 67.86% 65.67% 71.93% 74.13% 80.37% 71.13%
Earnings before Interest and Taxes (EBIT)		 27 36 39 32 33 27 28 25 23 17 27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 33 40 43 35 36 30 30 26 23 15 26
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.50 0.59 0.57 0.55 0.64 0.61 0.58 0.62 0.60 0.61 0.61
Price to Tangible Book Value (P/TBV)		 0.73 0.85 0.83 0.79 0.92 0.90 0.85 0.92 0.89 0.90 0.90
Price to Revenue (P/Rev)		 1.86 2.41 2.37 2.34 2.80 2.72 2.60 2.61 2.52 2.52 2.50
Price to Earnings (P/E)		 6.50 9.72 9.43 9.47 10.68 10.89 11.21 12.43 13.31 15.18 15.26
Dividend Yield		 5.82% 4.89% 5.00% 5.10% 4.30% 4.47% 4.70% 4.60% 4.60% 4.50% 4.48%
Earnings Yield		 15.39% 10.29% 10.60% 10.56% 9.37% 9.18% 8.92% 8.05% 7.52% 6.59% 6.55%
Enterprise Value to Invested Capital (EV/IC)		 0.51 0.70 0.70 0.69 0.73 0.74 0.69 0.72 0.74 0.77 0.75
Enterprise Value to Revenue (EV/Rev)		 2.95 4.80 4.92 5.18 5.84 5.87 5.18 5.24 6.80 6.40 5.83
Enterprise Value to EBITDA (EV/EBITDA)		 6.67 12.43 12.60 13.52 14.75 15.70 15.21 16.79 24.70 27.47 26.29
Enterprise Value to EBIT (EV/EBIT)		 7.54 14.17 14.14 15.18 16.22 17.26 16.60 18.08 26.16 28.00 26.18
Enterprise Value to NOPAT (EV/NOPAT)		 9.98 18.62 18.82 20.08 21.39 22.46 21.31 23.25 33.62 36.48 34.12
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.75 15.59 13.51 20.80 109.95 24.44 44.81 41.53 28.04 29.71 20.93
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 5.03 3.86 17.08 0.00 0.00 42.32 9.44 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.54 0.67 0.69 0.77 0.82 0.78 0.68 0.73 1.19 1.03 0.90
Long-Term Debt to Equity		 0.49 0.63 0.65 0.47 0.77 0.75 0.64 0.69 1.15 0.99 0.86
Financial Leverage		 0.53 0.80 0.84 0.80 0.68 0.73 0.68 0.75 1.00 0.90 0.79
Leverage Ratio		 8.24 8.20 8.23 8.13 8.10 8.01 7.92 8.03 8.31 8.32 8.25
Compound Leverage Factor		 8.24 8.20 8.23 8.13 8.10 8.01 7.92 8.03 8.31 8.32 8.25
Debt to Total Capital		 35.09% 40.22% 40.86% 43.56% 45.12% 43.87% 40.30% 42.16% 54.35% 50.66% 47.38%
Short-Term Debt to Total Capital		 3.29% 2.63% 2.37% 16.98% 2.63% 2.00% 2.27% 2.16% 1.79% 1.62% 2.12%
Long-Term Debt to Total Capital		 31.80% 37.59% 38.49% 26.57% 42.49% 41.87% 38.03% 40.00% 52.56% 49.04% 45.26%
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% 0.04% 0.03% 0.03% 0.02% 0.00% 0.00%
Common Equity to Total Capital		 64.88% 59.75% 59.11% 56.42% 54.86% 56.10% 59.67% 57.81% 45.62% 49.34% 52.62%
Debt to EBITDA		 4.57 7.18 7.35 8.59 9.06 9.26 8.83 9.84 18.06 18.10 16.53
Net Debt to EBITDA		 2.46 6.19 6.52 7.39 7.67 8.40 7.58 8.44 15.54 16.67 15.02
Long-Term Debt to EBITDA		 4.14 6.71 6.92 5.24 8.54 8.84 8.33 9.34 17.46 17.52 15.79
Debt to NOPAT		 6.83 10.75 10.98 12.77 13.14 13.26 12.38 13.63 24.58 24.03 21.45
Net Debt to NOPAT		 3.67 9.27 9.74 10.98 11.12 12.02 10.62 11.69 21.16 22.13 19.49
Long-Term Debt to NOPAT		 6.19 10.04 10.35 7.79 12.38 12.65 11.68 12.93 23.77 23.26 20.49
Noncontrolling Interest Sharing Ratio		 0.05% 0.05% 0.05% 0.05% 0.05% 0.06% 0.05% 0.05% 0.05% 0.03% 0.02%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -157 309 435 42 -539 -231 -25 148 -517 -323 -289
Operating Cash Flow to CapEx		 7,787.22% 0.00% 6,781.18% 567.10% -11,600.00% 2,769.04% -96.23% 2,051.90% 1,554.84% 1,249.67% 1,139.18%
Free Cash Flow to Firm to Interest Expense		 -2.32 4.25 5.78 0.55 -6.80 -3.03 -0.37 2.20 -7.23 -4.22 -4.02
Operating Cash Flow to Interest Expense		 0.81 -0.37 0.61 0.31 -0.28 0.59 -0.03 0.43 0.34 0.47 0.35
Operating Cash Flow Less CapEx to Interest Expense		 0.80 -0.35 0.60 0.25 -0.28 0.57 -0.05 0.40 0.32 0.43 0.32
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 3.49 3.25 3.27 3.26 3.25 3.25 3.28 3.38 3.46 3.55 3.62
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,523 2,780 2,817 2,970 3,087 3,033 2,863 2,842 3,622 3,369 3,172
Invested Capital Turnover		 0.18 0.14 0.13 0.13 0.14 0.13 0.14 0.13 0.12 0.13 0.14
Increase / (Decrease) in Invested Capital		 177 -281 -407 -18 565 253 46 -129 535 336 309
Enterprise Value (EV)		 1,293 1,937 1,972 2,035 2,267 2,255 1,987 2,044 2,693 2,591 2,391
Market Capitalization		 816 972 951 922 1,087 1,046 996 1,016 997 1,019 1,025
Book Value per Share		 $27.55 $27.95 $28.32 $28.54 $28.96 $29.11 $29.17 $28.14 $28.80 $28.97 $29.08
Tangible Book Value per Share		 $18.85 $19.28 $19.57 $19.79 $20.18 $19.94 $20.04 $18.99 $19.50 $19.80 $19.92
Total Capital		 2,523 2,780 2,817 2,970 3,087 3,033 2,863 2,842 3,622 3,369 3,172
Total Debt		 885 1,118 1,151 1,294 1,393 1,331 1,154 1,198 1,969 1,707 1,503
Total Long-Term Debt		 802 1,045 1,084 789 1,312 1,270 1,089 1,137 1,904 1,652 1,436
Net Debt		 476 965 1,021 1,113 1,179 1,207 990 1,028 1,694 1,572 1,366
Capital Expenditures (CapEx)		 0.70 -1.10 0.68 4.18 0.19 1.62 1.86 1.39 1.57 2.88 2.21
Net Nonoperating Expense (NNE)		 -0.14 0.07 -0.06 0.06 0.07 0.25 -0.05 0.04 0.06 -0.05 0.00
Net Nonoperating Obligations (NNO)		 885 1,118 1,151 1,294 1,393 1,331 1,154 1,198 1,969 1,707 1,503
Total Depreciation and Amortization (D&A)		 5.94 3.49 3.31 3.72 3.42 2.54 1.28 1.46 0.81 -1.77 -0.86
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.33 $0.46 $0.47 $0.40 $0.42 $0.36 $0.35 $0.28 $0.30 $0.24 $0.36
Adjusted Weighted Average Basic Shares Outstanding		 59.10M 58.95M 58.79M 58.36M 58.07M 58.30M 58.10M 57.74M 57.03M 57.42M 57.04M
Adjusted Diluted Earnings per Share		 $0.33 $0.46 $0.47 $0.40 $0.42 $0.36 $0.35 $0.28 $0.30 $0.24 $0.36
Adjusted Weighted Average Diluted Shares Outstanding		 59.11M 58.96M 58.79M 58.36M 58.07M 58.30M 58.11M 57.74M 57.04M 57.43M 57.05M
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		 59.42M 58.95M 58.71M 58.48M 58.46M 58.56M 58.38M 57.39M 57.39M 57.40M 57.60M
Normalized Net Operating Profit after Tax (NOPAT)		 21 28 29 24 26 22 21 19 21 13 24
Normalized NOPAT Margin		 20.18% 27.84% 29.04% 26.20% 27.32% 23.29% 21.92% 19.21% 19.99% 12.51% 23.01%
Pre Tax Income Margin		 26.52% 36.46% 39.84% 33.80% 33.69% 28.51% 28.88% 25.01% 21.89% 16.09% 26.22%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.40 0.50 0.52 0.41 0.41 0.36 0.42 0.37 0.32 0.22 0.38
NOPAT to Interest Expense		 0.30 0.38 0.38 0.32 0.32 0.29 0.32 0.28 0.24 0.17 0.29
EBIT Less CapEx to Interest Expense		 0.39 0.52 0.51 0.35 0.41 0.34 0.39 0.35 0.29 0.18 0.35
NOPAT Less CapEx to Interest Expense		 0.29 0.40 0.37 0.26 0.32 0.27 0.29 0.26 0.22 0.13 0.25
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 39.63% 49.29% 49.01% 50.53% 48.25% 50.85% 54.59% 57.85% 61.98% 67.93% 67.15%
Augmented Payout Ratio		 39.63% 49.29% 63.43% 70.34% 68.55% 72.31% 68.85% 87.20% 92.49% 103.00% 97.71%

Financials Breakdown Chart

Key Financial Trends

OceanFirst Financial (NASDAQ: OCFC) showed a mixed but generally stable operating trend in the latest quarter, with improving earnings versus late 2025, but also clear balance sheet and funding shifts worth watching.

For Q1 2026, OceanFirst reported net income of $20.5 million, up from $13.1 million in Q4 2025 and above the $17.4 million it earned in Q3 2025. Earnings per share held at $0.36, also better than the $0.24 in Q4 2025. That said, results still look below some of the stronger quarters in 2024 and early 2025, so the business appears to be recovering rather than accelerating sharply.

  • Net income improved quarter over quarter, rising to $20.5 million in Q1 2026 from $13.1 million in Q4 2025.
  • Pre-tax income strengthened to $27.1 million, helped by lower non-interest expense versus Q4 2025.
  • Net interest income increased modestly to $96.4 million, suggesting the core banking spread remained solid.
  • Operating cash flow remained positive at $25.2 million, which supports the quality of earnings.
  • Non-interest expense declined to $73.4 million from $84.1 million in Q4 2025, helping profitability.
  • Revenue stayed fairly steady at $103.2 million versus $104.7 million in Q4 2025, indicating a stable top line rather than strong growth.
  • Provision for credit losses was manageable at $2.7 million, below Q4 2025’s $3.7 million, but still a recurring earnings drag.
  • Deposits grew sharply in Q1 2026, with net deposit change of $191.5 million, helping fund the balance sheet.
  • Cash and equivalents fell sharply to $137.0 million from $274.1 million in Q3 2025, suggesting liquidity was redeployed or reduced.
  • Long-term debt increased again to $1.44 billion, up from $1.14 billion in Q2 2025, which keeps leverage elevated.

Balance sheet trends are important here. Total assets ended Q1 2026 at $14.56 billion, up from $13.33 billion in Q2 2025 and slightly above year-end 2025. However, the composition of assets changed a lot over the past year, with large swings in cash, investment securities, and loans held for sale. That kind of movement can be normal for a bank, but it also makes it harder to judge underlying growth from one quarter alone.

What stands out over the last several years:

  • Profitability has remained positive throughout the period, with quarterly net income generally ranging from the teens to the mid-$20 millions, and stronger periods in 2024.
  • Net interest income improved meaningfully from 2022 into 2024, reflecting a better earning environment and stronger core banking income.
  • Common equity remained relatively stable around the $1.6 billion to $1.7 billion range, supporting a reasonable capital base.
  • Return patterns have been uneven, with quarters like Q1 2024 and Q1 2025 showing stronger earnings than the most recent late-2025 period before the Q1 2026 rebound.
  • Interest expense rose significantly during the rate-hike cycle, especially deposits interest expense, which pressured margins in parts of 2023 and 2024.
  • Loan loss provision has been volatile, at times spiking above $5 million and even $10 million in earlier periods, which suggests credit costs can fluctuate meaningfully.
  • Debt levels have moved higher at times, including periods of substantial long-term debt and short-term debt, which can pressure funding costs.
  • Non-interest income has been inconsistent, with some quarters benefiting from gains and service charges, while others saw much weaker contribution.

Bottom line: OceanFirst Financial looks like a bank that is still profitable and currently improving, but not without some balance sheet complexity. The latest quarter shows better earnings and healthier operating cash flow, while the multi-year record suggests a company that has had to work through higher funding costs, uneven non-interest income, and changing asset composition. For retail investors, the key question is whether the recent improvement in earnings can continue without relying too heavily on balance sheet shifts or rising leverage.

06/10/26 03:41 PM ETAI Generated. May Contain Errors.

OceanFirst Financial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, OceanFirst Financial's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

OceanFirst Financial's net income appears to be on an upward trend, with a most recent value of $71.03 million in 2025, rising from $20.32 million in 2015. The previous period was $100.07 million in 2024. See where experts think OceanFirst Financial is headed by visiting OceanFirst Financial's forecast page.

Over the last 10 years, OceanFirst Financial's total revenue changed from $93.26 million in 2015 to $404.92 million in 2025, a change of 334.2%.

OceanFirst Financial's total liabilities were at $12.90 billion at the end of 2025, a 10.1% increase from 2024, and a 447.9% increase since 2015.

In the past 10 years, OceanFirst Financial's cash and equivalents has ranged from $43.95 million in 2015 to $1.27 billion in 2020, and is currently $135.13 million as of their latest financial filing in 2025.

Over the last 10 years, OceanFirst Financial's book value per share changed from 13.80 in 2015 to 28.97 in 2025, a change of 109.9%.


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Financial statements for NASDAQ:OCFC last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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