OceanFirst Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	612.7	556.89	545.24	521.87	390.39	315.24
Interest Income on Investments	99.12	85.56	96.93	86.11	40.79	26.86
Total Interest Income	711.82	642.45	642.17	607.97	431.18	342.09
Interest Paid on Deposits	234.86	216.18	242.13	172.02	31.02	25.21
Interest Paid on Borrowings	73.85	66.05	66.01	66.23	22.68	11.54
Total Interest Expense	308.71	282.23	308.14	238.24	53.7	36.75
Net Interest Income	403.11	360.22	334.04	369.73	377.48	305.34
Net Interest Income Growth	18.62%	7.84%	-9.65%	-2.05%	23.63%	-2.43%
Trust Income	1.55	1.51	1.75	2.53	2.39	2.34
Gain (Loss) on Sale of Assets	2.6	2.6	0.86	-	-	-
Gain (Loss) on Sale of Investments	-0.48	0.92	4.23	-3.73	9.69	7.15
Other Non-Interest Income	32.7	36.27	41.02	34.4	46.62	39.28
Total Non-Interest Income	39.06	44.7	50.19	33.62	59.09	51.93
Non-Interest Income Growth	-21.73%	-10.93%	49.26%	-43.10%	13.79%	-29.75%
Revenues Before Loan Losses	442.17	404.92	384.22	403.36	436.57	357.27
Provision for Loan Losses	14.53	16.17	7.69	17.68	7.77	-11.83
Revenue	427.64	388.75	376.53	385.68	428.8	369.1
Revenue Growth	13.32%	3.25%	-2.37%	-10.06%	16.18%	12.71%
Salaries and Employee Benefits	164.65	153.32	131.14	127.88	122.77	112.4
Occupancy Expenses	19.12	17.86	16.23	16.55	15.82	14.55
Federal Deposit Insurance	13.06	11.6	10.96	11.16	7.36	6.16
Amortization of Goodwill & Intangibles	5.22	3.63	3.33	3.98	4.72	5.45
Selling, General & Administrative	67	63.12	54.96	64.58	58.17	53.77
Other Non-Interest Expense	31.92	30.94	27.48	24.67	22.6	20.69
Total Non-Interest Expense	300.98	280.46	244.1	248.82	231.43	213.02
EBT Excluding Unusual Items	126.66	108.3	132.44	136.86	197.37	156.08
Pretax Income	63.91	92.52	130.66	136.77	193.92	142.24
Income Tax Expense	15.95	21.49	30.27	32.7	46.57	32.17
Earnings From Continuing Operations	47.96	71.03	100.39	104.07	147.36	110.08
Minority Interest in Earnings	-0.06	-0.05	-0.33	-0.04	-0.75	-
Net Income	47.9	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	47.9	67.13	96.05	100.01	142.59	106.06
Net Income Growth	-41.39%	-30.11%	-3.96%	-29.86%	34.44%	73.27%
Basic Shares Outstanding	92	57	58	59	59	59
Diluted Shares Outstanding	92	57	58	59	59	60
Shares Change	58.83%	-1.50%	-1.12%	0.13%	-1.29%	-0.70%
EPS (Basic)	0.52	1.17	1.65	1.70	2.43	1.79
EPS (Diluted)	0.52	1.17	1.65	1.70	2.42	1.78
EPS Growth	-63.09%	-29.04%	-2.89%	-29.89%	35.95%	74.51%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.800	0.800	0.800	0.800	0.770	0.680
Dividend Growth	0%	0%	0%	3.90%	13.23%	0%
Effective Tax Rate	24.96%	23.23%	23.16%	23.91%	24.01%	22.61%

SEC Filings: 10-K · 10-Q