OceanFirst Financial Corp. (OCFC)

OceanFirst Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	556.89	545.24	521.87	390.39	315.24
Interest Income on Investments	85.56	96.93	86.11	40.79	26.86
Total Interest Income	642.45	642.17	607.97	431.18	342.09
Interest Paid on Deposits	216.18	242.13	172.02	31.02	25.21
Interest Paid on Borrowings	66.05	66.01	66.23	22.68	11.54
Total Interest Expense	282.23	308.14	238.24	53.7	36.75
Net Interest Income	360.22	334.04	369.73	377.48	305.34
Net Interest Income Growth (YoY)	7.84%	-9.65%	-2.05%	23.63%	-2.43%
Trust Income	1.51	1.75	2.53	2.39	2.34
Gain (Loss) on Sale of Assets	2.6	3.46	-	-	-
Gain (Loss) on Sale of Investments	0.92	4.23	-3.73	9.69	7.15
Other Non-Interest Income	36.27	37.12	34.4	46.62	39.28
Total Non-Interest Income	44.7	48.89	33.62	59.09	51.93
Non-Interest Income Growth (YoY)	-8.56%	45.39%	-43.10%	13.79%	-29.75%
Revenues Before Loan Losses	404.92	382.92	403.36	436.57	357.27
Provision for Loan Losses	16.17	7.69	17.68	7.77	-11.83
Revenue	388.75	375.23	385.68	428.8	369.1
Revenue Growth (YoY)	3.60%	-2.71%	-10.06%	16.18%	12.71%
Salaries and Employee Benefits	159.35	131.14	127.88	122.77	112.4
Occupancy Expenses	-	16.23	16.55	15.82	14.55
Federal Deposit Insurance	11.6	10.96	11.16	7.36	6.16
Amortization of Goodwill & Intangibles	3.63	3.33	3.98	4.72	5.45
Selling, General & Administrative	74.94	54.96	64.58	58.17	53.77
Other Non-Interest Expense	30.94	27.48	24.67	22.6	20.69
Total Non-Interest Expense	280.46	244.1	248.82	231.43	213.02
EBT Excluding Unusual Items	108.3	131.14	136.86	197.37	156.08
Pretax Income	92.52	130.66	136.77	193.92	142.24
Income Tax Expense	21.49	30.27	32.7	46.57	32.17
Earnings From Continuing Operations	71.03	100.39	104.07	147.36	110.08
Minority Interest in Earnings	-0.05	-0.33	-0.04	-0.75	-
Net Income	70.98	100.07	104.03	146.6	110.08
Preferred Dividends & Other Adjustments	3.85	4.02	4.02	4.02	4.02
Net Income to Common	67.13	96.05	100.01	142.59	106.06
Net Income Growth	-29.07%	-3.81%	-29.04%	33.18%	73.87%
Basic Shares Outstanding	57	58	59	59	59
Diluted Shares Outstanding	57	58	59	59	60
Shares Change (YoY)	-1.50%	-1.12%	0.13%	-1.29%	-0.70%
EPS (Basic)	1.17	1.65	1.70	2.43	1.79
EPS (Diluted)	1.17	1.65	1.70	2.42	1.78
EPS Growth	-29.04%	-2.89%	-29.89%	35.95%	74.51%
Dividend Per Share	0.800	0.800	0.800	0.770	0.680
Dividend Growth	-	-	3.90%	13.23%	-
Effective Tax Rate	23.23%	23.16%	23.91%	24.01%	22.61%

Updated Jan 22, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q