Oceanfirst Finl Corp Financials
Oceanfirst Finl Corp (OCFC) reported $642.5M in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
OceanFirst’s larger balance sheet is producing thinner returns as funding costs absorb more of the business’s spread.
Revenue growth stopped being the main driver of economics after FY2022, because interest expense rose from$54M to$282M even as reported revenue kept moving higher. The result is a spread-compression story: ROA fell from1.1% to0.5% , so a larger asset base produced less profit per dollar of assets.
Cash conversion remains cleaner than the profit trend suggests: FY2025 operating cash flow of
Leverage by design matters here: equity was about
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Oceanfirst Finl Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Oceanfirst Finl Corp, and counted as zero in the overall score.
Oceanfirst Finl Corp passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Oceanfirst Finl Corp generates $1.30 in operating cash flow ($87.2M OCF vs $67.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Oceanfirst Finl Corp generated $642.5M in revenue in fiscal year 2025. That is unchanged from the prior year.
Oceanfirst Finl Corp reported $67.1M in net income in fiscal year 2025. This represents a decrease of 30.1% from the prior year.
Oceanfirst Finl Corp earned $1.17 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 29.1% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Oceanfirst Finl Corp generated $79.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 6.1% from the prior year.
Oceanfirst Finl Corp held $135.1M in cash against $255.2M in long-term debt as of fiscal year 2025.
Oceanfirst Finl Corp paid $0.80 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
Oceanfirst Finl Corp's net profit margin was 10.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.5 percentage points from the prior year.
Oceanfirst Finl Corp's ROE was 4.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.6 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Oceanfirst Finl Corp spent $24.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 16.0% from the prior year.
Oceanfirst Finl Corp invested $7.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 1.8% from the prior year.
Not reported for fiscal year 2025.
OCFC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $711.8M | $642.5M0.0% | $642.2M+5.6% | $608.0M+41.0% | $431.2M+26.0% | $342.1M-9.9% | $379.6M+22.9% | $308.8M+11.6% | $276.7M+46.5% | $188.8M+41.5% | $133.4M+55.4% | $85.9M+7.5% | $79.9M-0.4% | $80.2M-8.5% | $87.6M-8.1% | $95.4M |
| SG&A Expenses | $172.1M | $159.4M+15.2% | $138.3M+1.9% | $135.8M+2.9% | $131.9M+9.9% | $120.0M+5.1% | $114.2M+27.0% | $89.9M+8.2% | $83.1M+38.3% | $60.1M+27.6% | $47.1M+47.5% | $31.9M+1.7% | $31.4M+9.3% | $28.8M+4.2% | $27.6M-1.7% | $28.1M |
| Interest Expense | $308.7M | $282.2M-8.4% | $308.1M+29.3% | $238.2M+343.7% | $53.7M+46.1% | $36.8M-44.9% | $66.7M+26.2% | $52.8M+46.1% | $36.2M+84.3% | $19.6M+49.0% | $13.2M+45.7% | $9.0M+20.4% | $7.5M-22.1% | $9.6M-31.7% | $14.1M-21.9% | $18.1M |
| Income Tax | $16.0M | $21.5M-29.0% | $30.3M-7.4% | $32.7M-29.8% | $46.6M+44.8% | $32.2M+81.4% | $17.7M-5.6% | $18.8M+38.4% | $13.6M-40.6% | $22.9M+88.1% | $12.2M+11.7% | $10.9M+2.6% | $10.6M+23.2% | $8.6M-21.2% | $10.9M-4.8% | $11.5M |
| Net Income | $44.0M | $67.1M-30.1% | $96.0M-4.0% | $100.0M-29.9% | $142.6M+34.4% | $106.1M+67.5% | $63.3M-28.5% | $88.6M+23.1% | $71.9M+69.4% | $42.5M+84.3% | $23.0M+13.4% | $20.3M+2.0% | $19.9M+22.0% | $16.3M-18.4% | $20.0M-3.5% | $20.7M |
| EPS (Diluted) | — | $1.17-29.1% | $1.65-2.9% | $1.70-29.8% | $2.42+36.0% | $1.78+74.5% | $1.02-41.7% | $1.75+15.9% | $1.51+18.0% | $1.28+30.6% | $0.98 | $1.21+1.7% | $1.19+25.3% | $0.95-15.2% | $1.12-1.8% | $1.14 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
OCFC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.6B+8.5% | $13.4B-0.9% | $13.5B+3.3% | $13.1B+11.6% | $11.7B+2.5% | $11.4B+38.8% | $8.2B+9.7% | $7.5B+38.8% | $5.4B+4.8% | $5.2B+99.3% | $2.6B+10.0% | $2.4B+4.8% | $2.2B-0.9% | $2.3B-1.4% | $2.3B |
| Cash & Equivalents | $135.1M+9.3% | $123.6M-19.6% | $153.7M-8.5% | $168.0M-25.3% | $224.8M-83.0% | $1.3B+889.8% | $133.2M+8.9% | $122.3M+11.6% | $109.6M-63.6% | $301.4M | N/A | N/A | N/A | $62.5M-19.3% | $77.5M |
| Goodwill | $517.5M-1.1% | $523.3M+3.4% | $506.1M0.0% | $506.1M+1.2% | $500.3M0.0% | $500.3M+33.5% | $374.6M+10.7% | $338.4M+124.9% | $150.5M+3.7% | $145.1M+7861.8% | $1.8M | N/A | N/A | N/A | N/A |
| Total Liabilities | $12.9B+10.1% | $11.7B-1.3% | $11.9B+3.1% | $11.5B+12.7% | $10.2B+2.6% | $10.0B+40.5% | $7.1B+9.5% | $6.5B+34.5% | $4.8B+4.8% | $4.6B+95.1% | $2.4B+10.1% | $2.1B+5.1% | $2.0B-0.7% | $2.0B-1.7% | $2.1B |
| Long-Term Debt | $255.2M+29.2% | $197.5M+0.6% | $196.5M+0.5% | $195.4M-14.7% | $229.1M-2.7% | $235.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.7B-2.3% | $1.7B+2.4% | $1.7B+4.8% | $1.6B+4.5% | $1.5B+2.2% | $1.5B+28.7% | $1.2B+10.9% | $1.0B+72.7% | $601.9M+5.3% | $571.9M+139.8% | $238.4M+9.2% | $218.3M+1.8% | $214.3M-2.5% | $219.8M+1.4% | $216.8M |
| Retained Earnings | $662.6M+3.3% | $641.7M+8.3% | $592.5M+9.6% | $540.5M+22.2% | $442.3M+16.9% | $378.3M+5.5% | $358.7M+17.6% | $305.1M+12.6% | $271.0M+13.8% | $238.2M+4.0% | $229.1M+5.2% | $217.7M+5.6% | $206.2M+4.1% | $198.1M+6.1% | $186.7M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.
OCFC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $121.7M | $87.2M-5.5% | $92.2M-25.8% | $124.3M-50.4% | $250.4M+56.6% | $160.0M+20.6% | $132.7M+32.3% | $100.2M+8.3% | $92.6M+15.5% | $80.1M+139.7% | $33.4M+18.0% | $28.3M+2.7% | $27.6M-22.2% | $35.5M+14.8% | $30.9M+76.0% | $17.6M |
| Capital Expenditures | $9.0M | $7.7M+1.8% | $7.6M-1.8% | $7.7M-52.1% | $16.1M-61.7% | $42.0M+185.4% | $14.7M+190.2% | $5.1M-55.8% | $11.5M-76.4% | $48.7M+630.1% | $6.7M+71.4% | $3.9M-2.0% | $4.0M-7.3% | $4.3M+64.7% | $2.6M+16.7% | $2.2M |
| Free Cash Flow | $112.7M | $79.5M-6.1% | $84.7M-27.3% | $116.6M-50.3% | $234.3M+98.7% | $117.9M0.0% | $117.9M+23.9% | $95.2M+17.4% | $81.1M+157.9% | $31.4M+17.5% | $26.8M+9.5% | $24.4M+3.5% | $23.6M-24.3% | $31.2M+10.2% | $28.3M+84.6% | $15.3M |
| Investing Cash Flow | -$858.5M | -$1.2B-1204.9% | $106.4M+121.8% | -$488.0M+63.1% | -$1.3B+10.6% | -$1.5B-6566.3% | -$22.2M+87.1% | -$172.1M-454.5% | $48.6M+110.7% | -$455.2M-267.5% | $271.7M+385.8% | -$95.1M+14.6% | -$111.4M-254.5% | -$31.4M-533.8% | $7.2M+312.6% | -$3.4M |
| Financing Cash Flow | $840.3M | $1.1B+580.8% | -$228.7M-165.5% | $349.5M-65.5% | $1.0B+352.6% | $224.0M-79.2% | $1.1B+1198.7% | $82.8M+164.5% | -$128.4M-170.0% | $183.3M+484.4% | -$47.7M-164.0% | $74.6M-13.2% | $86.0M+363.5% | -$32.6M+38.6% | -$53.1M-266.4% | $31.9M |
| Dividends Paid | $45.9M | $48.2M-5.2% | $50.9M-0.8% | $51.3M+7.9% | $47.5M+6.7% | $44.5M+3.7% | $42.9M+25.3% | $34.2M+15.8% | $29.6M+53.3% | $19.3M+52.9% | $12.6M+45.1% | $8.7M+5.5% | $8.2M0.0% | $8.2M-4.0% | $8.6M-2.4% | $8.8M |
| Share Buybacks | $7.6M | $24.9M+16.0% | $21.5M | $0-100.0% | $7.4M-79.5% | $36.1M+143.4% | $14.8M-43.2% | $26.1M+140.5% | $10.8M | $0-100.0% | $1.9M-70.9% | $6.5M-29.6% | $9.2M+13.2% | $8.1M-31.8% | $11.9M+454.1% | $2.1M |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
OCFC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 10.4%-4.5pp | 15.0%-1.5pp | 16.4%-16.6pp | 33.1%+2.1pp | 31.0%+14.3pp | 16.7%-12.0pp | 28.7%+2.7pp | 26.0%+3.5pp | 22.5%+5.2pp | 17.3%-6.4pp | 23.7%-1.3pp | 24.9%+4.6pp | 20.4%-2.5pp | 22.9%+1.1pp | 21.7% |
| Return on Equity | 4.0%-1.6pp | 5.6%-0.4pp | 6.0%-3.0pp | 9.0%+2.0pp | 7.0%+2.7pp | 4.3%-3.4pp | 7.7%+0.8pp | 6.9%-0.1pp | 7.1%+3.0pp | 4.0%-4.5pp | 8.5%-0.6pp | 9.1%+1.5pp | 7.6%-1.5pp | 9.1%-0.5pp | 9.6% |
| Return on Assets | 0.5%-0.3pp | 0.7%0.0pp | 0.7%-0.3pp | 1.1%+0.2pp | 0.9%+0.3pp | 0.5%-0.5pp | 1.1%+0.1pp | 1.0%+0.2pp | 0.8%+0.3pp | 0.4%-0.3pp | 0.8%-0.1pp | 0.9%+0.1pp | 0.7%-0.2pp | 0.9%0.0pp | 0.9% |
| Debt-to-Equity | 0.150.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.150.0x | 0.16-6.0x | 6.15-0.1x | 6.23-1.8x | 8.000.0x | 8.03-1.8x | 9.87+0.1x | 9.80+0.3x | 9.50+0.2x | 9.32-0.3x | 9.62 |
| FCF Margin | 12.4%-0.8pp | 13.2%-6.0pp | 19.2%-35.2pp | 54.4%+19.9pp | 34.5%+3.4pp | 31.1%+0.3pp | 30.8%+1.5pp | 29.3%+12.6pp | 16.7%-3.4pp | 20.1%-8.4pp | 28.5%-1.1pp | 29.6%-9.3pp | 38.9%+6.6pp | 32.3%+16.2pp | 16.1% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
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Where Oceanfirst Finl Corp Ranks
Frequently Asked Questions
What is Oceanfirst Finl Corp's annual revenue?
Oceanfirst Finl Corp (OCFC) reported $642.5M in total revenue for fiscal year 2025. That is unchanged from the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Oceanfirst Finl Corp's revenue growing?
Oceanfirst Finl Corp (OCFC) revenue was essentially unchanged year-over-year, at $642.5M in fiscal year 2025 against $642.2M the year before.
Is Oceanfirst Finl Corp profitable?
Yes, Oceanfirst Finl Corp (OCFC) reported a net income of $67.1M in fiscal year 2025, with a net profit margin of 10.4%.
How much debt does Oceanfirst Finl Corp have?
As of fiscal year 2025, Oceanfirst Finl Corp (OCFC) had $135.1M in cash and equivalents against $255.2M in long-term debt.
What is Oceanfirst Finl Corp's net profit margin?
Oceanfirst Finl Corp (OCFC) had a net profit margin of 10.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Oceanfirst Finl Corp pay dividends?
Yes, Oceanfirst Finl Corp (OCFC) paid $0.80 per share in dividends during fiscal year 2025.
What is Oceanfirst Finl Corp's return on equity (ROE)?
Oceanfirst Finl Corp (OCFC) has a return on equity of 4.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Oceanfirst Finl Corp's free cash flow?
Oceanfirst Finl Corp (OCFC) generated $79.5M in free cash flow during fiscal year 2025. This represents a -6.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Oceanfirst Finl Corp's operating cash flow?
Oceanfirst Finl Corp (OCFC) generated $87.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Oceanfirst Finl Corp's total assets?
Oceanfirst Finl Corp (OCFC) had $14.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Oceanfirst Finl Corp's capital expenditures?
Oceanfirst Finl Corp (OCFC) invested $7.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Oceanfirst Finl Corp's debt-to-equity ratio?
Oceanfirst Finl Corp (OCFC) had a debt-to-equity ratio of 0.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Oceanfirst Finl Corp's return on assets (ROA)?
Oceanfirst Finl Corp (OCFC) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Oceanfirst Finl Corp's Piotroski F-Score?
Oceanfirst Finl Corp (OCFC) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Oceanfirst Finl Corp's earnings high quality?
Oceanfirst Finl Corp (OCFC) has an earnings quality ratio of 1.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Oceanfirst Finl Corp?
Oceanfirst Finl Corp (OCFC) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.