$OCFC
Market Cap:
$1.197 Billion
Financial Snapshot
Revenues
Revenues
Revenue YoY Change
Revenues
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $642.2M | $608.0M | $431.2M | $342.1M | $379.6M | $308.8M | $276.7M | $188.8M | $133.4M | $85.86M | $79.85M | $80.16M | $87.62M | $95.39M | $101.4M | ||||||||||||||||
| YoY Change | 5.63% | 41.0% | 26.04% | -9.88% | 22.93% | 11.62% | 46.51% | 41.52% | 55.39% | 7.53% | -0.38% | -8.51% | -8.15% | -5.9% |
Expenses
Cost Of Revenues
No data
No data
Gross Profit
No data
No data
Gross Profit Margin
No data
No data
Gross Profit
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $642.2M | $608.0M | $431.2M | $342.1M | $379.6M | $308.8M | $276.7M | $188.8M | $133.4M | $85.86M | $79.85M | $80.16M | $87.62M | $95.39M | $101.4M | ||||||||||||||||
| Cost Of Revenue | |||||||||||||||||||||||||||||||
| Gross Profit | |||||||||||||||||||||||||||||||
| Gross Profit Margin |
Selling, General & Admin Expense
No data
No data
Research & Development
No data
No data
Depreciation, Depletion & Amortization
SGA Expense to Gross Profit Ratio
No data
No data
R&D To Gross Profit Ratio
No data
No data
DDA To Gross Profit Ratio
No data
No data
Operating Expenses Total
Operating Profits/Loss
No data
No data
Operational Expenses
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, General & Admin | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| % of Gross Profit | |||||||||||||||||||||||||||||||
| Research & Development | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| % of Gross Profit | |||||||||||||||||||||||||||||||
| Depreciation & Amortization | $10.90M | $12.33M | $11.68M | $9.357M | $8.453M | $8.363M | $8.706M | $6.303M | $4.800M | $3.300M | $2.900M | $4.200M | $4.200M | $4.400M | $4.200M | $4.400M | $3.900M | $5.200M | $4.300M | $4.400M | $4.100M | $7.200M | $6.500M | $4.900M | $2.400M | $1.900M | $2.100M | $1.600M | $1.000M | $900.0K | $1.100M |
| YoY Change | -11.55% | 5.51% | 24.86% | 10.69% | 1.08% | -3.94% | 38.12% | 31.31% | 45.45% | 13.79% | -30.95% | 0.0% | -4.55% | 4.76% | -4.55% | 12.82% | -25.0% | 20.93% | -2.27% | 7.32% | -43.06% | 10.77% | 32.65% | 104.17% | 26.32% | -9.52% | 31.25% | 60.0% | 11.11% | -18.18% | -21.43% |
| % of Gross Profit | |||||||||||||||||||||||||||||||
| Operating Expenses | $245.9M | $248.9M | $234.9M | $226.9M | $246.4M | $189.1M | $186.3M | $126.5M | $102.9M | $60.78M | $57.76M | $59.24M | $52.39M | $52.66M | $53.65M | ||||||||||||||||
| YoY Change | -1.22% | 5.97% | 3.54% | -7.94% | 30.29% | 1.51% | 47.28% | 23.01% | 69.23% | 5.21% | -2.5% | 13.08% | -0.52% | -1.83% | |||||||||||||||||
| Operating Profit | |||||||||||||||||||||||||||||||
| YoY Change |
Interest Expenses
Interest Expenses To Operating Income %
No data
No data
Other Expense/Income
No data
No data
Interest & Other Expense/Income
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | $238.2M | $53.70M | $36.75M | $66.66M | $52.82M | $36.15M | $19.61M | $13.16M | $9.034M | $7.505M | $9.628M | $14.10M | $18.06M | $24.25M | |||||||||||||||||
| YoY Change | 343.67% | 46.1% | -44.86% | 26.19% | 46.11% | 84.35% | 48.99% | 45.71% | 20.37% | -22.05% | -31.73% | -21.91% | -25.53% | ||||||||||||||||||
| % of Operating Profit | |||||||||||||||||||||||||||||||
| Other Income/Expense, Net | |||||||||||||||||||||||||||||||
| YoY Change |
Income/Loss
Pretax Income
Income Tax
Net Profits/Loss
Pretax Income YoY Change
Income Tax Rate
Net Profits/Loss YoY Change
Basic EPS
Net Income To Revenue Ratio
Pretax & Net Income
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pretax Income | $130.7M | $136.8M | $193.9M | $142.2M | $81.04M | $107.4M | $85.50M | $65.33M | $35.20M | $31.21M | $30.53M | $24.94M | $30.95M | $32.21M | $30.78M | $24.80M | $21.60M | $900.0K | $19.20M | $29.80M | $27.70M | $30.80M | $29.90M | $27.60M | $23.20M | $25.00M | $20.20M | $21.50M | -$600.0K | $12.60M | $15.10M |
| YoY Change | -4.47% | -29.47% | 36.33% | 75.52% | -24.51% | 25.56% | 30.89% | 85.59% | 12.8% | 2.21% | 22.4% | -19.4% | -3.93% | 4.66% | 24.11% | 14.81% | 2300.0% | -95.31% | -35.57% | 7.58% | -10.06% | 3.01% | 8.33% | 18.97% | -7.2% | 23.76% | -6.05% | -3683.33% | -104.76% | -16.56% | -3.82% |
| Income Tax | $30.27M | $32.70M | $46.57M | $32.17M | $17.73M | $18.78M | $13.57M | $22.86M | $12.15M | $10.88M | $10.61M | $8.613M | $10.93M | $11.47M | $10.40M | $9.200M | $6.900M | -$100.0K | $6.600M | $10.30M | $9.800M | $11.00M | $9.800M | $9.500M | $6.800M | $8.700M | $7.200M | $7.700M | $1.100M | $4.700M | $5.400M |
| % Of Pretax Income | 23.16% | 23.91% | 24.01% | 22.61% | 21.88% | 17.5% | 15.87% | 34.99% | 34.53% | 34.88% | 34.75% | 34.53% | 35.31% | 35.61% | 33.79% | 37.1% | 31.94% | -11.11% | 34.38% | 34.56% | 35.38% | 35.71% | 32.78% | 34.42% | 29.31% | 34.8% | 35.64% | 35.81% | 37.3% | 35.76% | |
| Net Earnings | $100.1M | $100.0M | $142.6M | $110.1M | $63.31M | $88.57M | $71.93M | $42.47M | $23.05M | $20.32M | $19.92M | $16.33M | $20.02M | $20.74M | $20.38M | $15.70M | $14.80M | $1.100M | $12.60M | $19.50M | $17.90M | $19.90M | $20.10M | $18.20M | $16.40M | $16.30M | $13.00M | $13.80M | -$1.700M | $7.900M | $9.700M |
| YoY Change | 0.05% | -29.86% | 29.54% | 73.87% | -28.52% | 23.14% | 69.37% | 84.28% | 13.4% | 2.02% | 21.98% | -18.43% | -3.48% | 1.78% | 29.8% | 6.08% | 1245.45% | -91.27% | -35.38% | 8.94% | -10.05% | -1.0% | 10.44% | 10.98% | 0.61% | 25.38% | -5.8% | -911.76% | -121.52% | -18.56% | -3.96% |
| Net Earnings / Revenue | 15.58% | 16.45% | 33.07% | 32.18% | 16.68% | 28.68% | 26.0% | 22.49% | 17.27% | 23.67% | 24.95% | 20.37% | 22.85% | 21.74% | 20.1% | ||||||||||||||||
| Basic Earnings Per Share | $1.65 | $1.70 | $2.43 | $1.79 | $1.02 | $1.77 | $1.54 | $1.32 | $1.00 | $1.22 | $1.19 | $0.96 | $1.13 | $1.14 | $1.12 | ||||||||||||||||
| Diluted Earnings Per Share | $1.65 | $1.70 | $2.422M | $1.78 | $1.02 | $1.75 | $1.51 | $1.28 | $0.98 | $1.21 | $1.19 | $0.95 | $1.12 | $1.14 | $1.12 | $1.227M | $1.254M | $94.83K | $1.068M | $1.598M | $1.409M | $1.531M | $1.467M | $1.230M | $1.025M | $885.9K | $634.1K | $587.2K | -$67.19K | $312.3K | $383.4K |
Assets & Liabilities
Cash & Short-Term Investments
No data
No data
Cash & Equivalents
No data
Cash To Operating Expenses Ratio
No data
No data
Inventory
No data
No data
Receivables
No data
No data
Total Short-Term Assets
No data
No data
Property, Plant And Equipment
Long-Term Investments
No data
No data
Total Long-Term Assets
No data
No data
Total Assets
Net Income To Total Assets Percentage
Accounts Payable
No data
No data
Short-Term Debt
Long Term Debt Due
No data
Total Short-Term Liabilities
Long-Term Debt
Other Long-Term Liabilities
Total Long-Term Liabilities
Total Liabilities
Short-Term To Long-Term Debt Ratio
Short-Term Assets To Debt Ratio
No data
No data
Long-Term Debt To Net Income Ratio
Assets & Liabilities
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short-Term Investments | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Cash & Equivalents | |||||||||||||||||||||||||||||||
| Short-Term Investments | |||||||||||||||||||||||||||||||
| Other Short-Term Assets | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Inventory | |||||||||||||||||||||||||||||||
| Prepaid Expenses | |||||||||||||||||||||||||||||||
| Receivables | |||||||||||||||||||||||||||||||
| Other Receivables | |||||||||||||||||||||||||||||||
| Total Short-Term Assets | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | $121.4M | $126.7M | $143.0M | $130.0M | $121.0M | $111.0M | $102.0M | $71.00M | $28.00M | $25.00M | $24.00M | $22.00M | $22.00M | $22.00M | $22.00M | $21.00M | $18.00M | $18.00M | $16.00M | $16.00M | $16.00M | $18.00M | $17.00M | $15.00M | $14.00M | $14.00M | $14.00M | $14.00M | $8.000M | $4.000M | |
| YoY Change | -4.21% | -11.4% | 10.0% | 7.44% | 9.01% | 8.82% | 43.66% | 153.57% | 12.0% | 4.17% | 9.09% | 0.0% | 0.0% | 0.0% | 4.76% | 16.67% | 0.0% | 12.5% | 0.0% | 0.0% | -11.11% | 5.88% | 13.33% | 7.14% | 0.0% | 0.0% | 0.0% | 75.0% | 100.0% | ||
| Goodwill | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Intangibles | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Long-Term Investments | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Other Assets | $28.00K | $2.719M | $6.000M | $6.000M | $54.00M | $68.00M | $6.000M | $39.00M | $17.00M | $16.00M | $15.00M | $9.000M | |||||||||||||||||||
| YoY Change | -98.97% | -54.68% | 0.0% | -88.89% | -20.59% | 1033.33% | -84.62% | 129.41% | 6.25% | 6.67% | 66.67% | ||||||||||||||||||||
| Total Long-Term Assets | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Total Assets | $13.54B | $13.10B | $11.74B | $11.45B | $8.246B | $7.516B | $5.416B | $5.167B | $2.593B | $2.357B | $2.250B | $2.269B | $2.302B | $2.251B | $2.030B | $1.858B | $1.927B | $2.077B | $1.985B | $1.914B | $1.717B | $1.744B | $1.764B | $1.640B | $1.591B | $1.562B | $1.511B | $1.304B | $1.036B | $972.0M | |
| YoY Change | |||||||||||||||||||||||||||||||
| Accounts Payable | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Accrued Expenses | $20.02M | $20.05M | $18.00M | $23.00M | $19.00M | ||||||||||||||||||||||||||
| YoY Change | -0.17% | 11.41% | -21.74% | 21.05% | |||||||||||||||||||||||||||
| Deferred Revenue | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Short-Term Debt | $73.15M | $69.10M | $119.0M | $128.0M | $72.00M | $62.00M | $80.00M | $70.00M | $76.00M | $68.00M | $68.00M | $61.00M | $66.00M | $68.00M | $65.00M | $62.00M | $82.00M | $85.00M | $113.0M | $151.0M | $107.0M | $185.0M | $212.0M | $236.0M | $240.0M | $272.0M | $288.0M | $99.00M | $0.00 | $3.000M | |
| YoY Change | 5.86% | -41.94% | -7.03% | 77.78% | 16.13% | -22.5% | 14.29% | -7.89% | 11.76% | 0.0% | 11.48% | -7.58% | -2.94% | 4.62% | 4.84% | -24.39% | -3.53% | -24.78% | -25.17% | 41.12% | -42.16% | -12.74% | -10.17% | -1.67% | -11.76% | -5.56% | 190.91% | -100.0% | |||
| Long-Term Debt Due | |||||||||||||||||||||||||||||||
| YoY Change | |||||||||||||||||||||||||||||||
| Total Short-Term Liabilities | $73.15M | $20.05M | $18.00M | $23.00M | $19.00M | $62.00M | $80.00M | $70.00M | $76.00M | $68.00M | $68.00M | $61.00M | $66.00M | $68.00M | $65.00M | $62.00M | $82.00M | $85.00M | $113.0M | $151.0M | $107.0M | $185.0M | $212.0M | $236.0M | $240.0M | $272.0M | $288.0M | $99.00M | $3.000M | ||
| YoY Change | 264.77% | 11.41% | -21.74% | 21.05% | -69.35% | -22.5% | 14.29% | -7.89% | 11.76% | 0.0% | 11.48% | -7.58% | -2.94% | 4.62% | 4.84% | -24.39% | -3.53% | -24.78% | -25.17% | 41.12% | -42.16% | -12.74% | -10.17% | -1.67% | -11.76% | -5.56% | 190.91% | ||||
| Long-Term Debt | $196.5M | $195.4M | $229.0M | $235.0M | $97.00M | $100.0M | $57.00M | $57.00M | $23.00M | $28.00M | $28.00M | $28.00M | $28.00M | $28.00M | $28.00M | $28.00M | $28.00M | $18.00M | $5.000M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| YoY Change | 0.54% | -14.67% | -2.55% | 142.27% | -3.0% | 75.44% | 0.0% | 147.83% | -17.86% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 55.56% | 260.0% | |||||||||||||
| Other Long-Term Liabilities | $323.1M | $367.6M | $124.0M | $150.0M | $58.00M | $52.00M | $46.00M | $30.00M | $15.00M | $18.00M | $18.00M | $16.00M | $7.000M | $19.00M | $9.000M | $7.000M | $10.00M | $32.00M | $9.000M | $36.00M | $11.00M | $19.00M | $17.00M | $8.000M | $6.000M | $12.00M | $5.000M | $4.000M | $4.000M | $0.00 | |
| YoY Change | -12.09% | 196.42% | -17.33% | 158.62% | 11.54% | 13.04% | 53.33% | 100.0% | -16.67% | 0.0% | 12.5% | 128.57% | -63.16% | 111.11% | 28.57% | -30.0% | -68.75% | 255.56% | -75.0% | 227.27% | -42.11% | 11.76% | 112.5% | 33.33% | -50.0% | 140.0% | 25.0% | 0.0% | |||
| Total Long-Term Liabilities | $519.6M | $563.0M | $353.0M | $385.0M | $155.0M | $152.0M | $103.0M | $87.00M | $38.00M | $46.00M | $46.00M | $44.00M | $35.00M | $47.00M | $37.00M | $35.00M | $38.00M | $50.00M | $14.00M | $36.00M | $11.00M | $19.00M | $17.00M | $8.000M | $6.000M | $12.00M | $5.000M | $4.000M | $4.000M | $0.00 | |
| YoY Change | -7.71% | 59.48% | -8.31% | 148.39% | 1.97% | 47.57% | 18.39% | 128.95% | -17.39% | 0.0% | 4.55% | 25.71% | -25.53% | 27.03% | 5.71% | -7.89% | -24.0% | 257.14% | -61.11% | 227.27% | -42.11% | 11.76% | 112.5% | 33.33% | -50.0% | 140.0% | 25.0% | 0.0% | |||
| Total Liabilities | $11.88B | $11.52B | $10.22B | $9.964B | $7.093B | $6.477B | $4.814B | $4.595B | $2.355B | $2.138B | $2.035B | $2.049B | $2.085B | $2.050B | $1.846B | $1.738B | $1.803B | $1.945B | $1.847B | $1.776B | $1.583B | $1.608B | $1.617B | $1.482B | $1.423B | $1.364B | $1.295B | $1.051B | $944.0M | $889.0M | |
| YoY Change | 3.11% | 12.68% | 2.6% | 40.48% | 9.51% | 34.55% | 4.77% | 95.12% | 10.15% | 5.06% | -0.68% | -1.73% | 1.71% | 11.05% | 6.21% | -3.61% | -7.3% | 5.31% | 4.0% | 12.19% | -1.55% | -0.56% | 9.11% | 4.15% | 4.33% | 5.33% | 23.22% | 11.33% | 6.19% |
Ownership
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
No data
No data
Treasury Stock Shares
No data
Stock Issuance & Repurchase
Ownership Data
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Basic Shares Outstanding | 58.30M shares | 58.95M shares | 58.73M shares | 59.41M shares | 59.92M shares | 50.17M shares | 46.77M shares | 32.11M shares | 23.09M shares | 16.60M shares | 16.69M shares | 17.07M shares | 17.73M shares | 18.19M shares | 18.14M shares | ||||||||||||||||
| Diluted Shares Outstanding | 58.30M shares | 58.96M shares | 58.88M shares | 59.65M shares | 60.07M shares | 50.75M shares | 47.66M shares | 33.13M shares | 23.53M shares | 16.81M shares | 16.80M shares | 17.16M shares | 17.83M shares | 18.24M shares | 18.19M shares | ||||||||||||||||
| Preferred Stock | |||||||||||||||||||||||||||||||
| Treasury Stock Shares |
Return On Shareholders' Equity
Book Value
Free Cash Flow
Free Cash Flow YoY
Free Cash Flow Margin
Dividends
Dividends
No data
No data
Stock Price
Market Cap: $1.1968 Billion
About OCEANFIRST FINANCIAL CORP
OceanFirst Financial Corp. operates as a savings and loan holding company, which engages in the provision of financial services. The company is headquartered in Toms River, New Jersey and currently employs 857 full-time employees. (the Bank). The Bank is a full-service regional bank delivering financial products and services, which include commercial and consumer financing, deposit services, and wealth management products and services, throughout New Jersey and the metropolitan markets of Philadelphia, New York, Baltimore, and others. The Bank's commercial loans include multi-family and commercial real estate loans, commercial construction loans, and commercial and industrial loans. The Bank’s primary sources of funds are deposits, principal and interest payments on loans and investments, and other borrowings. The company also generates non-interest income such as income from bankcard services, trust and asset management products and services, deposit account services, and others. The company operates approximately 37 branch offices, and deposit production facilities located throughout New Jersey and metropolitan area of New York City and Philadelphia.
Industry: National Commercial Banks Peers: 1ST SOURCE CORP Dime Community Bancshares, Inc. /NY/ FIRST COMMONWEALTH FINANCIAL CORP /PA/ First Foundation Inc. GERMAN AMERICAN BANCORP, INC. LAKELAND BANCORP INC PNC FINANCIAL SERVICES GROUP, INC. S&T BANCORP INC SOUTHSIDE BANCSHARES INC TOMPKINS FINANCIAL CORP
