OceanFirst Financial Corp. (OCFC) — Financial statements
Income statement, balance sheet, and cash flow for OceanFirst Financial Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 656↓4.7% | 688↑8.0% | 637↑31.3% | 485↑24.8% | 389 | |
| Cost of Revenue | 298↓5.5% | 316↑23.4% | 256↑316.4% | 61↑146.6% | 25 | |
| Gross Profit | 357↓4.0% | 372↓2.3% | 381↓10.1% | 424↑16.5% | 364 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 15↑59.1% | 9↓93.5% | 147↑5.5% | 139↑10.4% | 126 | |
| Selling & Marketing Expenses | 6↑9.4% | 5↑21.9% | 4↑43.8% | 3↑35.9% | 2 | |
| SG&A Expenses | 21↑41.6% | 15↓90.3% | 151↑6.3% | 142↑10.8% | 128 | |
| Other Expenses | 244↑7.5% | 227↑143.7% | 93↑6.1% | 88↓6.1% | 93 | |
| Operating Expenses | 265↑9.6% | 241↓1.1% | 244↑6.2% | 230↑3.7% | 222 | |
| Total Costs & Expenses | 563↑1.0% | 557↑11.4% | 500↑71.7% | 291↑18.2% | 247 | |
| Operating Results | ||||||
| Operating Income | 93↓29.2% | 131↓4.5% | 137↓29.5% | 194↑36.3% | 142 | |
| Depreciation & Amortization | 0.76↓94.8% | 15↓11.3% | 16↓0.1% | 16↑10.6% | 15 | |
| EBITDA | 93↓35.8% | 145↓5.2% | 153↓27.2% | 210↑33.9% | 157 | |
| EBIT | 93↓29.2% | 131↓4.5% | 137↓29.4% | 194↑36.3% | 142 | |
| Interest & Other Income | ||||||
| Net Interest Income | 360↑7.8% | 334↓9.7% | 370↓2.1% | 377↑23.6% | 305 | |
| Interest Income | 642↑0.0% | 642↑5.6% | 608↑41.0% | 431↑26.0% | 342 | |
| Interest Expense | 282↓8.4% | 308↑29.3% | 238↑343.7% | 54↑46.1% | 37 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 93↓29.2% | 131↓4.5% | 137↓29.5% | 194↑36.3% | 142 | |
| Income Tax Expense | 21↓29.0% | 30↓7.4% | 33↓29.8% | 47↑44.8% | 32 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 71↓29.2% | 100↓3.5% | 104↓29.4% | 147↑33.9% | 110 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 71↓29.1% | 100↓3.8% | 104↓29.0% | 147↑33.2% | 110 | |
| Bottom-Line Net Income | 67↓30.1% | 96↓4.0% | 100↓29.9% | 143↑34.4% | 106 | |
| EPS (Basic) | 1.17↓29.1% | 1.65↓2.9% | 1.70↓30.0% | 2.43↑35.8% | 1.79 | |
| EPS (Diluted) | 1.17↓29.1% | 1.65↓2.9% | 1.70↓29.8% | 2.42↑36.0% | 1.78 | |
| Weighted Average Shares | 57↓1.5% | 58↓1.1% | 59↑0.4% | 59↓1.1% | 59 | |
| Weighted Average Diluted Shares | 57↓1.5% | 58↓1.1% | 59↑0.1% | 59↓1.3% | 60 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.