OceanFirst Financial Corp. (OCFC)

Nasdaq: OCFC · National Commercial Banks · Toms River, NJ · filing with the SEC since 1996

Grade4.3

◀ Past 5.5● Present 4.6▶ Future 1.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 28, 2025	Feb 23, 2024	Feb 24, 2023	Feb 28, 2022	Mar 1, 2021	Feb 28, 2020	Mar 18, 2019	Feb 28, 2018	Mar 15, 2017
For lenders
Interest and dividend income	642,454	642,173	607,974	431,175	342,092	379,608	308,794	276,654	188,829	133,425
Interest expense on deposits and borrowings	282,231	308,138	238,243	53,698	·	·	·	·	·	·
Net interest income	360,223	334,035	369,731	377,477	305,338	312,951	255,971	240,502	169,218	120,262
Provision for credit losses	16,171	7,689	17,678	7,768	-11,832	57,402	1,636	3,490	4,445	2,623
Net interest income after provision	344,052	326,346	352,053	369,709	317,170	253,547	254,335	237,012	164,773	117,639
Noninterest income	44,701	50,187	33,624	59,094	51,931	73,926	42,165	34,827	27,072	20,412
Total operating expenses	296,237	245,877	248,912	234,881	226,860	246,431	189,142	186,337	126,520	102,852
Interest expense	·	·	238,243	53,698	36,754	66,657	52,823	36,152	19,611	13,163
Income before income taxes	92,516	130,656	136,765	193,922	142,241	81,042	107,358	85,502	65,325	35,199
Income tax expense	21,489	30,266	32,700	46,565	32,165	17,733	18,784	13,570	22,855	12,153
Net income including non-controlling interests	71,027	100,390	104,065	147,357	110,076	63,309	·	·	·	·
Net income to non-controlling interests	49	325	36	754	0	0	·	·	·	·
Net income	70,978	100,065	104,029	146,603	110,076	63,309	88,574	71,932	42,470	23,046
Net income to common shareholders	67,128	96,049	100,013	142,587	106,060	61,212	88,574	71,932	·	·
Earnings per share, basic	1.17	1.65	1.70	2.43	1.79	1.02	1.77	1.54	1.32	1.00
Earnings per share, diluted	1.17	1.65	1.70	2.42	1.78	1.02	1.75	1.51	1.28	0.98
Weighted average shares, basic	57,419	58,296	58,948	58,730	59,406	59,919	50,166	46,773	32,113	23,093
Weighted average shares, diluted	57,425	58,297	58,957	58,878	59,649	60,072	50,746	47,657	33,125	23,526

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses
us-gaap:ProvisionForLoanLossesExpensed

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton OCFC · research, not advice