Oceanfirst Financial Corp financial data

Symbol
OCFC, OCFCP on Nasdaq
Industry
National Commercial Banks
Location
975 Hooper Ave, Toms River, NJ
State of incorporation
DE
Fiscal year end
December 31
Former names
OCEAN FINANCIAL CORP (to 3/26/1999)
Latest financial report
10-K - Q4 2024 - Feb 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 696 % -4.41%
Return On Equity 5.94 % -6.75%
Return On Assets 0.75 % -2.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 58.6M shares -0.27%
Common Stock, Shares, Outstanding 58.6M shares -1.5%
Entity Public Float 901M USD -0.24%
Common Stock, Value, Issued 613K USD 0%
Weighted Average Number of Shares Outstanding, Basic 58.3M shares -1.11%
Weighted Average Number of Shares Outstanding, Diluted 58.3M shares -1.12%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 131M USD -4.47%
Income Tax Expense (Benefit) 30.3M USD -7.44%
Net Income (Loss) Attributable to Parent 100M USD -3.81%
Earnings Per Share, Basic 1.65 USD/shares -2.94%
Earnings Per Share, Diluted 1.65 USD/shares -2.94%

Balance Sheet

Label TTM Value / Value Unit Change %
Operating Lease, Right-of-Use Asset 15.5M USD -18.6%
Intangible Assets, Net (Excluding Goodwill) 12.7M USD +33.3%
Goodwill 523M USD +3.39%
Assets 13.4B USD -0.86%
Liabilities 11.7B USD -1.33%
Accumulated Other Comprehensive Income (Loss), Net of Tax -15.9M USD +24%
Retained Earnings (Accumulated Deficit) 642M USD +8.3%
Stockholders' Equity Attributable to Parent 1.7B USD +2.44%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.7B USD +2.46%
Liabilities and Equity 13.4B USD -0.86%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 46.1M USD +89.2%
Net Cash Provided by (Used in) Financing Activities -190M USD -142%
Net Cash Provided by (Used in) Investing Activities 121M USD
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 62.7M shares +0.79%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -23.3M USD -107%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 124M USD -19.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 62.8M USD +85.2%
Deferred Tax Assets, Gross 59.8M USD -1.18%
Operating Lease, Liability 17.1M USD -14.5%
Payments to Acquire Property, Plant, and Equipment 680K USD -68.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 105M USD -11.8%
Lessee, Operating Lease, Liability, to be Paid 18.9M USD -15.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.21M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 4.93M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 1.42M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.83M USD -21.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.72M USD
Preferred Stock, Shares Issued 57.4K shares 0%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.54M USD
Operating Lease, Payments 4.77M USD +4.42%
Depreciation, Depletion and Amortization 2.87M USD -7.27%
Interest Expense 273M USD +214%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%