OceanFirst Financial Corp (OCFC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OCFC SEC filings page.
OceanFirst Financial Corp (OCFC) reported $442.2M in revenue over the twelve months to Jun 30, 2026, up 13.5% from the prior twelve months. 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 expanded its balance sheet, but 2025 produced lower earnings and returns despite revenue recovering.
From FY2024 to FY2025, assets expanded from$13.4B to$14.6B while net income fell from$96.0M to$67.1M . That mismatch pulled return on assets from0.7% to0.5% , showing that additional balance-sheet scale was not translating into proportionate earnings.
The funding mix became more obligation-heavy: FY2025 liabilities reached
Reported cash generation remained closer to earnings than the headline profit decline suggests: operating cash flow was
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 Financial 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.
OceanFirst Financial Corp earned a return on assets of 0.5% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 0.7% the prior year. Earnings ranks banks on that return over three years, and OceanFirst Financial Corp scores 32/100 among other banks.
OceanFirst Financial Corp reported revenue of $404.9M in fiscal year 2025, against $384.2M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and OceanFirst Financial Corp scores 18/100 among other banks.
OceanFirst Financial Corp funded 11.4% of its assets with shareholders' equity at the end of fiscal year 2025, holding $1.7B of equity against $14.6B of assets. Capital ranks banks on that cushion, and OceanFirst Financial Corp scores 52/100 among other banks.
Not available for OceanFirst Financial Corp, and counted as zero in the overall score.
Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. OceanFirst Financial Corp scores 65/100 on it among other banks.
OceanFirst Financial Corp reported net income of $67.1M in fiscal year 2025, against $96.0M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and OceanFirst Financial Corp scores 53/100 among other banks.
OceanFirst Financial 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 Financial 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 Financial Corp generated $131.3M in revenue in Q2 2026. This represents an increase of 32.2% from the same quarter a year earlier. Against the prior quarter it is up 27.3%.
OceanFirst Financial Corp reported -$3.0M in net income in Q2 2026. This represents a decrease of 115.9% from the same quarter a year earlier. Against the prior quarter it is down 114.8%.
OceanFirst Financial Corp earned -$0.04 per diluted share (EPS) in Q2 2026. This represents a decrease of 114.3% from the same quarter a year earlier. Against the prior quarter it is down 111.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
OceanFirst Financial Corp generated $33.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 23.1% from the same quarter a year earlier. Against the prior quarter it is up 43.9%.
OceanFirst Financial Corp held $274.1M in cash as of Q2 2026; long-term debt is not reported for that period.
OceanFirst Financial Corp paid $0.20 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
OceanFirst Financial Corp's net profit margin was -2.3% in Q2 2026, showing the share of revenue converted to profit. This is down 21.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 22.2 percentage points.
OceanFirst Financial Corp's ROE was -0.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
OceanFirst Financial Corp spent $3.6M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 79.3% from the same quarter a year earlier. Against the prior quarter it is up 6.4%.
OceanFirst Financial Corp invested $2.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 85.1% from the same quarter a year earlier. Against the prior quarter it is up 32.1%.
Not reported for Q2 2026.
OCFC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $131.3M+32.2% | $103.2M+5.4% | $104.7M+9.6% | $103.0M+6.3% | $99.4M+6.6% | $97.9M-0.6% | $95.6M-4.1% | $96.9M-4.8% |
| SG&A Expenses | $50.2M+24.8% | $39.5M+7.5% | $41.0M+12.0% | $41.4M+15.5% | $40.2M+21.4% | $36.7M+12.2% | $36.6M+13.9% | $35.8M+0.9% |
| Interest Expense | $88.9M+32.3% | $71.8M+7.1% | $76.5M+0.2% | $71.5M-9.8% | $67.2M-12.9% | $67.1M-11.0% | $76.3M+5.1% | $79.3M+17.6% |
| Income Tax | $496K-91.4% | $6.5M-3.8% | $3.8M-26.1% | $5.2M-30.9% | $5.8M-18.5% | $6.8M-36.0% | $5.1M-40.8% | $7.5M+15.6% |
| Net Income | -$3.0M-115.9% | $20.5M-4.7% | $9.2M-48.3% | $17.3M-31.0% | $19.0M-21.9% | $21.5M-25.0% | $17.9M-24.4% | $25.1M+21.5% |
| EPS (Basic) | -$0.04-114.3% | $0.36+2.9% | $0.23-36.1% | $0.30-28.6% | $0.28-30.0% | $0.35-25.5% | $0.36-21.7% | $0.42+27.3% |
| EPS (Diluted) | -$0.04-114.3% | $0.36+2.9% | $0.23-36.1% | $0.30-28.6% | $0.28-30.0% | $0.35-25.5% | $0.36-21.7% | $0.42+27.3% |
| Diluted Shares (Avg) | 70M+21.6% | 57M-1.8% | N/A | 57M-1.8% | 58M-1.1% | 58M-1.2% | N/A | 58M-1.8% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
OCFC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $23.3B+74.6% | $14.6B+9.4% | $14.6B+8.5% | $14.3B+6.2% | $13.3B0.0% | $13.3B-0.8% | $13.4B-0.9% | $13.5B-0.1% |
| Cash & Equivalents | $274.1M+60.6% | $137.0M-16.3% | $135.1M+9.3% | $274.1M+28.0% | $170.6M-5.8% | $163.7M+25.5% | $123.6M-19.6% | $214.2M-47.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $529.8M+1.2% | $517.5M-1.1% | $517.5M-1.1% | $523.3M+3.4% | $523.3M+3.4% | $523.3M+3.4% | $523.3M+3.4% | $506.1M0.0% |
| Total Liabilities | $20.9B+78.5% | $12.9B+11.1% | $12.9B+10.1% | $12.7B+7.4% | $11.7B+0.3% | $11.6B-1.3% | $11.7B-1.3% | $11.8B-0.6% |
| Long-Term Debt | N/A | N/A | $255.2M+29.2% | N/A | N/A | N/A | $197.5M+0.6% | N/A |
| Total Equity | $2.4B+46.8% | $1.7B-2.3% | $1.7B-2.3% | $1.7B-2.4% | $1.6B-2.0% | $1.7B+2.6% | $1.7B+2.4% | $1.7B+3.5% |
| Retained Earnings | $657.1M+0.3% | $671.7M+3.2% | $662.6M+3.3% | $661.0M+4.5% | $655.1M+5.7% | $650.5M+6.9% | $641.7M+8.3% | $632.5M+9.5% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $36.0M+26.1% | $25.2M+1511.5% | $36.0M-19.6% | $24.4M+209.0% | $28.6M+20.5% | -$1.8M-103.9% | $44.8M+267.0% | -$22.4M-140.8% |
| Depreciation & Amortization | $3.1M+21.8% | $2.6M+3.9% | $2.6M-0.9% | $2.6M+1.3% | $2.5M-10.1% | $2.5M-11.4% | $2.6M-17.0% | $2.6M-16.3% |
| Stock-Based Compensation | N/A | $953K-45.2% | N/A | N/A | N/A | $1.7M+12.8% | N/A | N/A |
| Capital Expenditures | $2.6M+85.1% | $2.0M+5.2% | $2.9M+78.1% | $1.6M+44.4% | $1.4M-66.7% | $1.9M+172.9% | $1.6M-1.7% | $1.1M-19.2% |
| Free Cash Flow | $33.5M+23.1% | $23.3M+738.6% | $33.1M-23.3% | $22.8M+197.3% | $27.2M+39.2% | -$3.6M-108.0% | $43.2M+251.7% | -$23.5M-143.9% |
| Investing Cash Flow | $418.6M+1867.9% | -$1.6M-101.3% | -$387.3M-4405.0% | -$888.2M-478.3% | -$23.7M-116.0% | $123.6M+2.5% | -$8.6M+97.5% | -$153.6M-1858.6% |
| Financing Cash Flow | -$317.6M-16180.6% | -$21.8M+73.4% | $212.3M+267.5% | $967.3M+362.9% | $2.0M+101.6% | -$81.7M+57.0% | -$126.8M-211.4% | $209.0M+285.9% |
| Dividends Paid | $11.5M-9.1% | $11.5M-9.7% | $11.5M-9.5% | $11.5M-9.6% | $12.7M-0.4% | $12.7M-1.3% | $12.7M-1.5% | $12.7M-1.3% |
| Share Buybacks | $3.6M-79.3% | $3.4M-50.9% | $558K+11060.0% | $42K-97.0% | $17.4M+250.8% | $6.9M-54.4% | -$5K | $1.4M |
OCFC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | -2.3%-21.5pp | 19.9%-2.1pp | 8.8%-9.9pp | 16.8%-9.1pp | 19.2%-7.0pp | 22.0%-7.1pp | 18.7%-5.0pp | 25.9%+5.6pp |
| Return on Equity | -0.1%-1.3pp | 1.2%0.0pp | 0.6%-0.5pp | 1.1%-0.4pp | 1.2%-0.3pp | 1.3%-0.5pp | 1.1%-0.4pp | 1.5%+0.2pp |
| Return on Assets | 0.0%-0.1pp | 0.1%0.0pp | 0.1%-0.1pp | 0.1%-0.1pp | 0.1%0.0pp | 0.2%0.0pp | 0.1%0.0pp | 0.2%0.0pp |
| Debt-to-Equity | 8.65+1.5x | 7.72+0.9x | 0.150.0x | 7.67+0.7x | 7.11+0.2x | 6.79-0.3x | 0.120.0x | 6.96-0.3x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 25.5%-1.9pp | 22.5%+26.3pp | 31.6%-13.6pp | 22.2%+46.4pp | 27.4%+6.4pp | -3.7%-49.8pp | 45.2%+73.8pp | -24.2%-76.8pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| OceanFirst Financial Corp OCFC | FY2025 | $404.9M | $67.1M | 16.6% | $1.6B | 37/100 |
| Origin Bancorp, Inc. OBK | FY2025 | $390.8M | $75.2M | 19.2% | $1.7B | 46/100 |
| Community Trust Bancorp Inc CTBI | FY2025 | $282.6M | $98.1M | 34.7% | $1.4B | 65/100 |
| Peoples Bancorp Inc/OH PEBO | FY2025 | $459.3M | $106.8M | 23.3% | $1.3B | 49/100 |
| Tompkins Financial Corporation TMP | FY2025 | $446.6M | $161.1M | 36.1% | $1.4B | 49/100 |
| FirstSun Capital Bancorp FSUN | FY2025 | $419.3M | $97.9M | 23.4% | $1.7B | 46/100 |
Where OceanFirst Financial Corp Ranks
Frequently Asked Questions
What is OceanFirst Financial Corp's annual revenue?
OceanFirst Financial Corp (OCFC) reported $404.9M in total revenue for fiscal year 2025. This represents a 5.4% change compared to 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 Financial Corp's revenue growing?
OceanFirst Financial Corp (OCFC) revenue grew by 5.4% year-over-year, from $384.2M to $404.9M in fiscal year 2025.
Is OceanFirst Financial Corp profitable?
Yes, OceanFirst Financial Corp (OCFC) reported a net income of $67.1M in fiscal year 2025, with a net profit margin of 16.6%.
How much debt does OceanFirst Financial Corp have?
As of fiscal year 2025, OceanFirst Financial Corp (OCFC) had $135.1M in cash and equivalents against $255.2M in long-term debt.
What is OceanFirst Financial Corp's net profit margin?
OceanFirst Financial Corp (OCFC) had a net profit margin of 16.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does OceanFirst Financial Corp pay dividends?
Yes, OceanFirst Financial Corp (OCFC) paid $0.80 per share in dividends during fiscal year 2025.
What is OceanFirst Financial Corp's return on equity (ROE)?
OceanFirst Financial 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 Financial Corp's free cash flow?
OceanFirst Financial 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 Financial Corp's operating cash flow?
OceanFirst Financial Corp (OCFC) generated $87.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are OceanFirst Financial Corp's total assets?
OceanFirst Financial Corp (OCFC) had $14.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are OceanFirst Financial Corp's capital expenditures?
OceanFirst Financial Corp (OCFC) invested $7.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is OceanFirst Financial Corp's debt-to-equity ratio?
OceanFirst Financial 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 Financial Corp's return on assets (ROA)?
OceanFirst Financial 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 Financial Corp's P/E ratio?
OceanFirst Financial Corp (OCFC) trades at 36.8x earnings, its market capitalization divided by net income of $44.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.6B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is OceanFirst Financial Corp's price-to-sales ratio?
OceanFirst Financial Corp (OCFC) trades at 3.7x sales, its market capitalization divided by revenue of $442.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.6B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is OceanFirst Financial Corp's Piotroski F-Score?
OceanFirst Financial 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 Financial Corp's earnings high quality?
OceanFirst Financial 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 Financial Corp?
OceanFirst Financial Corp (OCFC) scores 37 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.