OCFC
OCEANFIRST FINANCIAL CORP
NASDAQ · Financial Services · Banks - Regional · US
$18.86
+2.84%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 848.7M | 655.6M | 687.9M | 637.0M | 485.3M |
| Cost of Revenue | 377.5M | 298.4M | 315.8M | 255.9M | 61.5M |
| Gross Profit | 471.2M | 357.2M | 372.1M | 381.0M | 423.8M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 103.9M | 20.7M | 14.6M | 151.2M | 142.2M |
| General & Admin Expense | 97.5M | 15.1M | 9.5M | 147.0M | 139.3M |
| Selling & Marketing Expense | 6.4M | 5.7M | 5.2M | 4.2M | 2.9M |
| Other Expenses | 296.4M | 243.9M | 226.8M | 93.1M | 87.7M |
| Total Operating Expenses | 400.4M | 264.7M | 241.5M | 244.3M | 229.9M |
| Cost and Expenses | 777.8M | 563.1M | 557.3M | 500.2M | 291.4M |
| Operating Income (EBIT) | 70.9M | 92.5M | 130.7M | 136.8M | 193.9M |
| Non-Operating | |||||
| Interest Income | 851.3M | 642.5M | 642.2M | 608.0M | 431.2M |
| Interest Expense | 366.8M | 282.2M | 308.1M | 238.2M | 53.7M |
| Net Interest Income | 484.6M | 360.2M | 334.0M | 369.7M | 377.5M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | (129.6M) | — | — | — | — |
| EBT (Pre-Tax Income) | 70.9M | 92.5M | 130.7M | 136.8M | 193.9M |
| Income Tax Expense | 23.8M | 21.5M | 30.3M | 32.7M | 46.6M |
| Bottom Line | |||||
| Net Income | 47.0M | 71.0M | 100.1M | 104.0M | 146.6M |
| Earnings from Cont. Ops | 47.0M | 71.0M | 100.4M | 104.1M | 147.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 47.0M | 67.1M | 96.0M | 100.0M | 142.6M |
| Per Share | |||||
| Basic EPS | $0.72 | $1.17 | $1.65 | $1.70 | $2.43 |
| Diluted EPS | $0.72 | $1.17 | $1.65 | $1.70 | $2.42 |
| Revenue Per Share | $8.66 | $11.42 | $11.80 | $10.81 | $8.26 |
| Shares | |||||
| Basic Shares Outstanding | 98.1M | 57.4M | 58.3M | 58.9M | 58.7M |
| Diluted Shares Outstanding | 98.1M | 57.4M | 58.3M | 59.0M | 58.9M |
| Profitability Metrics | |||||
| EBITDA | 213.8M | 106.5M | 145.2M | 153.2M | 210.4M |
| D&A | 13.3M | 13.9M | 14.5M | 16.4M | 16.5M |
| EBIT | 200.4M | 92.5M | 130.7M | 136.9M | 193.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026