OceanFirst Financial Corp. (OCFC)

OceanFirst Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	545.78	545.24	521.87	390.39	315.24	349.22
Interest Income on Investments	84.56	96.93	86.11	40.79	26.86	30.39
Total Interest Income	630.34	642.17	607.97	431.18	342.09	379.61
Interest Paid on Deposits	216.45	242.13	172.02	31.02	25.21	48.29
Interest Paid on Borrowings	65.61	66.01	66.23	22.68	11.54	18.37
Total Interest Expense	282.07	308.14	238.24	53.7	36.75	66.66
Net Interest Income	348.27	334.04	369.73	377.48	305.34	312.95
Net Interest Income Growth (YoY)	2.88%	-9.65%	-2.05%	23.63%	-2.43%	22.26%
Trust Income	1.58	1.75	2.53	2.39	2.34	2.05
Gain (Loss) on Sale of Assets	3.46	3.46	-	-	-	-
Gain (Loss) on Sale of Investments	0.68	4.23	-3.73	9.69	7.15	21.21
Other Non-Interest Income	36.79	37.12	34.4	46.62	39.28	42.35
Total Non-Interest Income	46.22	48.89	33.62	59.09	51.93	73.93
Non-Interest Income Growth (YoY)	-7.22%	45.39%	-43.10%	13.79%	-29.75%	75.33%
Revenues Before Loan Losses	394.5	382.92	403.36	436.57	357.27	386.88
Provision for Loan Losses	15.94	7.69	17.68	7.77	-11.83	59.4
Revenue	378.56	375.23	385.68	428.8	369.1	327.47
Revenue Growth (YoY)	-0.63%	-2.71%	-10.06%	16.18%	12.71%	10.45%
Salaries and Employee Benefits	148.81	131.14	127.88	122.77	112.4	108.76
Occupancy Expenses	17.45	16.23	16.55	15.82	14.55	14.34
Federal Deposit Insurance	11.01	10.96	11.16	7.36	6.16	4.87
Amortization of Goodwill & Intangibles	3.62	3.33	3.98	4.72	5.45	6.19
Selling, General & Administrative	60.43	54.96	64.58	58.17	53.77	52.43
Other Non-Interest Expense	31.37	27.48	24.67	22.6	20.69	36.27
Total Non-Interest Expense	272.69	244.1	248.82	231.43	213.02	222.86
EBT Excluding Unusual Items	105.87	131.14	136.86	197.37	156.08	104.61
Pretax Income	102.91	130.66	136.77	193.92	142.24	81.04
Income Tax Expense	22.82	30.27	32.7	46.57	32.17	17.73
Earnings From Continuing Operations	80.1	100.39	104.07	147.36	110.08	63.31
Minority Interest in Earnings	-0.3	-0.33	-0.04	-0.75	-	-
Net Income	79.79	100.07	104.03	146.6	110.08	63.31
Preferred Dividends & Other Adjustments	4.85	4.02	4.02	4.02	4.02	2.1
Net Income to Common	74.94	96.05	100.01	142.59	106.06	61.21
Net Income Growth	-24.61%	-3.81%	-29.04%	33.18%	73.87%	-28.52%
Basic Shares Outstanding	58	58	59	59	59	60
Diluted Shares Outstanding	58	58	59	59	60	60
Shares Change (YoY)	-1.33%	-1.12%	0.13%	-1.29%	-0.70%	18.38%
EPS (Basic)	1.30	1.65	1.70	2.43	1.79	1.02
EPS (Diluted)	1.30	1.65	1.70	2.42	1.78	1.02
EPS Growth	-25.40%	-2.89%	-29.89%	35.95%	74.51%	-41.71%
Dividend Per Share	0.800	0.800	0.800	0.770	0.680	0.680
Dividend Growth	-	-	3.90%	13.23%	-	-
Effective Tax Rate	22.17%	23.16%	23.91%	24.01%	22.61%	21.88%

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q