OceanFirst Financial Statements From 2010 to 2025

OCFC Stock  USD 18.03  0.23  1.26%   
OceanFirst Financial financial statements provide useful quarterly and yearly information to potential OceanFirst Financial Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on OceanFirst Financial financial statements helps investors assess OceanFirst Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting OceanFirst Financial's valuation are summarized below:
Gross Profit
381 M
Profit Margin
0.2778
Market Capitalization
1.1 B
Enterprise Value Revenue
6.1593
Revenue
381 M
We have found one hundred twenty available trending fundamental ratios for OceanFirst Financial Corp, which can be analyzed and compared to other ratios and to its competitors. Investors should ensure to check out all of OceanFirst Financial's recent performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 995 M

OceanFirst Financial Total Revenue

465.7 Million

Check OceanFirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 287.7 M or Selling General Administrative of 177.5 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0274 or PTB Ratio of 0.67. OceanFirst financial statements analysis is a perfect complement when working with OceanFirst Financial Valuation or Volatility modules.
  
Check out the analysis of OceanFirst Financial Correlation against competitors.

OceanFirst Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.3 B15.6 B7.6 B
Slightly volatile
Short and Long Term Debt Total1.4 B1.3 B592 M
Slightly volatile
Total Stockholder EquityB1.9 B920.6 M
Slightly volatile
Property Plant And Equipment Net169.5 M161.4 M84.3 M
Slightly volatile
Retained Earnings715.5 M681.4 M353.2 M
Slightly volatile
Cash115.9 M176.8 M187.9 M
Slightly volatile
Non Current Assets Total16.1 B15.3 B3.7 B
Slightly volatile
Other Assets56.7 M59.7 M3.7 B
Pretty Stable
Cash And Short Term Investments186.9 M176.8 M309.2 M
Slightly volatile
Net Receivables62.6 M59.7 M24.4 M
Slightly volatile
Common Stock Shares Outstanding71.2 M67.8 M40.3 M
Slightly volatile
Liabilities And Stockholders Equity16.3 B15.6 B7.6 B
Slightly volatile
Non Current Liabilities Total14.3 B13.7 B3.4 B
Slightly volatile
Other Stockholder Equity1.3 B1.3 B576.8 M
Slightly volatile
Total Liabilities14.3 B13.7 B3.9 B
Slightly volatile
Property Plant And Equipment Gross248.5 M236.7 M107.3 M
Slightly volatile
Total Current Assets167.9 M176.8 M687.3 M
Pretty Stable
Total Current Liabilities6.4 B6.1 B2.9 B
Slightly volatile
Short Term Debt216.2 M370.6 M321.8 M
Slightly volatile
Common Stock Total Equity381.5 K703.8 K442.7 K
Slightly volatile
Common Stock393.2 K705 K443.6 K
Slightly volatile
Other Liabilities282.6 M269.1 M100.6 M
Slightly volatile
Accounts Payable11.7 B11.1 B5.6 B
Slightly volatile
Long Term Debt1.2 B1.1 B383.3 M
Slightly volatile
Intangible Assets10.2 M10.9 M10 M
Slightly volatile
Property Plant EquipmentM3.1 M35.7 M
Very volatile
Other Current Assets175.8 M185.1 M876.8 M
Pretty Stable
Short Term Investments910.3 M867 M298.8 M
Slightly volatile
Net Tangible Assets622 M1.2 B597.9 M
Slightly volatile
Long Term Debt Total235.9 M224.7 M111.6 M
Slightly volatile
Capital Surpluse681.7 M1.3 B656.9 M
Slightly volatile
Long Term Investments2.6 B2.3 B2.2 B
Slightly volatile
Non Current Liabilities OtherB1.9 B745.7 M
Slightly volatile
Short and Long Term Debt76.7 M80.8 M223.9 M
Slightly volatile
Earning Assets871.1 M1.1 B761.1 M
Slightly volatile
Net Invested Capital1.9 BB1.5 B
Slightly volatile
Capital Stock632.7 K706.1 K540.9 K
Slightly volatile
Capital Lease Obligations1.5 M1.5 M1.8 M
Slightly volatile

OceanFirst Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization19.8 M18.9 M9.7 M
Slightly volatile
Interest Expense287.7 M274 M73.6 M
Slightly volatile
Selling General Administrative177.5 M169 M90.2 M
Slightly volatile
Total Revenue465.7 M443.5 M236.7 M
Slightly volatile
Gross Profit773.8 M737 M269.6 M
Slightly volatile
Other Operating Expenses252.4 M240.4 M145.7 M
Slightly volatile
Income Before Tax165.1 M157.3 M83.3 M
Slightly volatile
Net Income125.6 M119.6 M62.5 M
Slightly volatile
Income Tax Expense39.5 M37.6 M20.7 M
Slightly volatile
Selling And Marketing Expenses5.1 M4.9 M2.7 M
Slightly volatile
Net Income Applicable To Common Shares172.2 M164 M70.5 M
Slightly volatile
Net Income From Continuing Ops156.5 M149.1 M68.8 M
Slightly volatile
Non RecurringM3.1 M6.3 M
Pretty Stable
Tax Provision26.4 M47.7 M21.5 M
Slightly volatile
Net Interest Income274.6 M446.7 M209.5 M
Slightly volatile
Interest Income333 M664.5 M259.4 M
Slightly volatile
Reconciled Depreciation11.7 M19 M10.2 M
Slightly volatile
Preferred Stock And Other Adjustments3.7 M4.6 M2.7 M
Slightly volatile

OceanFirst Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow140.7 M134 M75.9 M
Slightly volatile
Begin Period Cash Flow113.2 M193.2 M185.6 M
Slightly volatile
Depreciation19 M18.1 M9.8 M
Slightly volatile
Capital Expenditures8.3 M8.9 M12.2 M
Slightly volatile
Total Cash From Operating Activities150 M142.9 M88.2 M
Slightly volatile
Net Income125.6 M119.6 M62.6 M
Slightly volatile
End Period Cash Flow118.9 M176.8 M193 M
Slightly volatile
Dividends Paid61.9 M59 M28.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.93.058.441
Slightly volatile
Dividend Yield0.02740.04510.0307
Slightly volatile
PTB Ratio0.670.711.0937
Slightly volatile
Days Sales Outstanding28.9630.4898.4447
Slightly volatile
Book Value Per Share24.1125.3798.0128
Pretty Stable
Free Cash Flow Yield0.06940.10.0836
Slightly volatile
Operating Cash Flow Per Share1.441.91.9282
Slightly volatile
Stock Based Compensation To Revenue0.0140.01850.0166
Slightly volatile
Capex To Depreciation0.420.441.5282
Slightly volatile
PB Ratio0.670.711.0937
Slightly volatile
EV To Sales9.965.9910.4037
Slightly volatile
Free Cash Flow Per Share1.231.781.6116
Slightly volatile
Net Income Per Share0.941.591.3288
Slightly volatile
Payables Turnover2.192.462.6862
Slightly volatile
Sales General And Administrative To Revenue0.570.440.6149
Slightly volatile
Capex To Revenue0.02180.0230.1633
Slightly volatile
Cash Per Share14.5513.8610.2057
Slightly volatile
POCF Ratio9.09.4712.0844
Slightly volatile
Payout Ratio0.860.570.4776
Slightly volatile
Capex To Operating Cash Flow0.06780.07130.1912
Slightly volatile
PFCF Ratio9.5910.123.9373
Slightly volatile
Days Payables Outstanding107120131
Slightly volatile
Income Quality1.021.081.3914
Very volatile
ROE0.09420.0720.0762
Pretty Stable
EV To Operating Cash Flow32.8518.5818.0796
Slightly volatile
PE Ratio13.048.8515.3351
Slightly volatile
Return On Tangible Assets0.00660.00720.0083
Very volatile
EV To Free Cash Flow29.5619.8130.5995
Slightly volatile
Earnings Yield0.05140.09150.07
Slightly volatile
Intangibles To Total Assets0.0360.03430.0252
Slightly volatile
Current Ratio0.03170.03340.498
Slightly volatile
Tangible Book Value Per Share16.6317.593.1096
Pretty Stable
Receivables Turnover8.5412.3912.9845
Very volatile
Graham Number15.2530.1123.4261
Slightly volatile
Shareholders Equity Per Share26.6325.3619.6181
Slightly volatile
Debt To Equity1.390.790.7984
Pretty Stable
Capex Per Share0.210.120.3166
Very volatile
Revenue Per Share4.025.895.3331
Slightly volatile
Interest Debt Per Share14.7721.0214.5543
Pretty Stable
Debt To Assets0.120.09670.0833
Very volatile
Short Term Coverage Ratios0.330.350.4143
Slightly volatile
Price Earnings Ratio13.048.8515.3351
Slightly volatile
Price Book Value Ratio0.670.711.0937
Slightly volatile
Days Of Payables Outstanding107120131
Slightly volatile
Dividend Payout Ratio0.860.570.4776
Slightly volatile
Price To Operating Cash Flows Ratio9.09.4712.0844
Slightly volatile
Price To Free Cash Flows Ratio9.5910.123.9373
Slightly volatile
Pretax Profit Margin0.560.410.6765
Slightly volatile
Effective Tax Rate0.180.220.2796
Slightly volatile
Company Equity Multiplier11.59.379.343
Slightly volatile
Long Term Debt To Capitalization0.520.370.3909
Pretty Stable
Total Debt To Capitalization0.380.370.3872
Pretty Stable
Debt Equity Ratio1.390.790.7984
Pretty Stable
Quick Ratio0.03170.03340.611
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.781.92.1451
Pretty Stable
Net Income Per E B T0.850.870.7277
Slightly volatile
Cash Ratio0.03170.03340.2681
Slightly volatile
Operating Cash Flow Sales Ratio0.460.370.4814
Slightly volatile
Days Of Sales Outstanding28.9630.4898.4447
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.610.840.7831
Pretty Stable
Cash Flow Coverage Ratios0.120.130.2178
Very volatile
Price To Book Ratio0.670.711.0937
Slightly volatile
Fixed Asset Turnover3.713.162.9429
Pretty Stable
Capital Expenditure Coverage Ratio12.4218.549.3624
Slightly volatile
Price Cash Flow Ratio9.09.4712.0844
Slightly volatile
Debt Ratio0.120.09670.0833
Very volatile
Cash Flow To Debt Ratio0.120.130.2178
Very volatile
Price Sales Ratio2.93.058.441
Slightly volatile
Return On Assets0.00650.00690.0081
Very volatile
Asset Turnover0.02750.02560.0314
Very volatile
Net Profit Margin0.370.310.4543
Slightly volatile
Gross Profit Margin1.571.50.9941
Slightly volatile
Price Fair Value0.670.711.0937
Slightly volatile
Return On Equity0.09420.0720.0762
Pretty Stable

OceanFirst Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap995 M947.6 M988.9 M
Slightly volatile
Enterprise Value155.8 M175.2 M191 M
Slightly volatile

OceanFirst Fundamental Market Drivers

Forward Price Earnings10.142
Cash And Short Term Investments153.7 M

OceanFirst Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
16th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About OceanFirst Financial Financial Statements

OceanFirst Financial stakeholders use historical fundamental indicators, such as OceanFirst Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although OceanFirst Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in OceanFirst Financial's assets and liabilities are reflected in the revenues and expenses on OceanFirst Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OceanFirst Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue443.5 M465.7 M
Cost Of Revenue-229.7 M-218.2 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.44  0.57 
Capex To Revenue 0.02  0.02 
Revenue Per Share 5.89  4.02 
Ebit Per Revenue 0.41  0.39 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out the analysis of OceanFirst Financial Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.258
Earnings Share
1.65
Revenue Per Share
6.515
Quarterly Revenue Growth
0.054
Return On Assets
0.0079
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.