OCFC · Oceanfirst Financial Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $296.24M | $245.88M | $248.91M | $234.88M | $226.86M | $246.43M |
| D&A | $10.30M | $10.90M | $12.33M | $11.68M | $9.36M | $8.45M |
| Operating Income | $92.52M | $130.66M | $136.76M | $193.92M | $142.24M | $81.04M |
| Interest Expense | - | - | $238.24M | $53.70M | $36.75M | $66.66M |
| Income Tax | $21.49M | $30.27M | $32.70M | $46.56M | $32.16M | $17.73M |
| Net Income | $70.98M | $100.06M | $104.03M | $146.60M | $110.08M | $63.31M |
| EPS - Basic | $1.17 | $1.65 | $1.70 | $2.43 | $1.79 | $1.02 |
| EPS - Diluted | $1.17 | $1.65 | $1.70 | $2.42 | $1.78 | $1.02 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $135.13M | $123.61M | $153.72M | $167.99M | $224.78M | $1.32B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $14.56B | $13.42B | $13.54B | $13.10B | $11.74B | $11.45B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $255.23M | $197.55M | $196.46M | $195.40M | $229.14M | $235.47M |
| Total Liabilities | $12.90B | $11.72B | $11.88B | $11.52B | $10.22B | $9.96B |
| Stockholders' Equity | $1.66B | $1.70B | $1.66B | $1.58B | $1.52B | $1.48B |
| Retained Earnings | $662.62M | $641.73M | $592.54M | $540.51M | $442.31M | $378.27M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $87.21M | $92.24M | $124.26M | $250.45M | $159.97M | $132.66M |
| Investing Cash Flow | ($1.18B) | $106.40M | ($488.00M) | ($1.32B) | ($1.48B) | ($22.17M) |
| Financing Cash Flow | $1.10B | ($228.75M) | $349.47M | $1.01B | $223.99M | $1.07B |
| CapEx | $7.70M | $7.57M | $7.71M | $16.11M | $42.04M | $14.73M |
| Free Cash Flow | $79.51M | $84.68M | $116.55M | $234.34M | $117.93M | $117.93M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 1.12 | 0.85 | 1.12 | 1.60 | 1.07 | 1.86 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 23.2% | 23.2% | 23.9% | 24.1% | 22.6% | 21.9% |
| Return on assets | 0.5% | 0.7% | 0.8% | 1.1% | 0.9% | 0.6% |
| Return on equity | 4.3% | 5.9% | 6.3% | 9.3% | 7.3% | 4.3% |
| Return on invested capital | 3.7% | 5.3% | 5.6% | 8.3% | 6.3% | 3.7% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.15 | 0.12 | 0.12 | 0.12 | 0.15 | 0.16 |
| Debt / Assets | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Debt / EBITDA | 2.48 | 1.40 | 1.32 | 0.95 | 1.51 | 2.63 |
| Interest coverage | - | - | 0.6x | 3.6x | 3.9x | 1.2x |
| Equity multiplier | 8.76 | 7.89 | 8.15 | 8.27 | 7.74 | 7.71 |
| Liabilities / Assets | 0.89 | 0.87 | 0.88 | 0.88 | 0.87 | 0.87 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 15.3x | 11.0x | 10.2x | 8.8x | 12.5x | 18.3x |
| P / B | 0.6x | 0.6x | 0.6x | 0.8x | 0.9x | 0.8x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 11.2x | 8.0x | 7.2x | 6.2x | 8.8x | 0.4x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -29.2% | -4.5% | -29.5% | 36.3% | 75.5% | -24.5% |
| Net income growth (YoY) | -29.1% | -3.8% | -29.0% | 33.2% | 73.9% | -28.5% |
| EPS growth (YoY) | -29.1% | -2.9% | -29.8% | 36.0% | 74.5% | -41.7% |
| EPS CAGR (3y) | -21.5% | -2.5% | 18.6% | 11.4% | 5.6% | -7.3% |
| EPS CAGR (5y) | 2.8% | -1.2% | 2.4% | 13.6% | 12.7% | -3.4% |
| FCF growth (YoY) | -6.1% | -27.3% | -50.3% | 98.7% | 0.0% | 23.9% |
| FCF CAGR (5y) | -7.6% | -2.3% | 7.5% | 49.4% | 35.2% | 36.9% |
| Book value growth (YoY) | -2.3% | 2.4% | 4.8% | 4.5% | 2.2% | 28.7% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: National Commercial Banks
Comparing OCEANFIRST FINANCIAL CORP against the 5 most active filers in the same SIC group.
Dividends
$0.80/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 27, 2026 | $0.2000 |
| Feb 2, 2026 | $0.2000 |
| Nov 3, 2025 | $0.2000 |
| Aug 4, 2025 | $0.2000 |
| May 5, 2025 | $0.2000 |
| Feb 3, 2025 | $0.2000 |
| Nov 4, 2024 | $0.2000 |
| Aug 5, 2024 | $0.2000 |
| May 3, 2024 | $0.2000 |
| Feb 2, 2024 | $0.2000 |
| Nov 3, 2023 | $0.2000 |
| Aug 4, 2023 | $0.2000 |
| May 5, 2023 | $0.2000 |
| Feb 3, 2023 | $0.2000 |
| Nov 4, 2022 | $0.2000 |
| Aug 5, 2022 | $0.2000 |
| May 6, 2022 | $0.1700 |
| Feb 4, 2022 | $0.1700 |
| Nov 5, 2021 | $0.1700 |
| Aug 6, 2021 | $0.1700 |
| May 7, 2021 | $0.1700 |
| Feb 5, 2021 | $0.1700 |
| Nov 6, 2020 | $0.1700 |
| Jul 31, 2020 | $0.1700 |