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Financials · OCFC

OceanFirst Financial Corp. (OCFC) financials

For the twelve months ended Sep 30, 2026, OceanFirst Financial Corp. reported $524.35M of revenue and $47.03M of net income.

Revenue, TTM
$524.35M
Revenue growth, YoY
+32.5%
Net income, TTM
$47.03M
Net income growth, YoY
-41.1%
Net margin
9.0%
Free cash flow, TTM
$217.88M
EPS, diluted, TTM
$0.73
EPS growth, YoY
-43.4%
Cash
$269.82M
P/E
37.96
P/S
3.41
Market cap
$1.79B
Annual revenue$404.92M
FY2016FY2025
Annual net income$70.98M
FY2016FY2025
Annual free cash flow$79.51M
FY2016FY2025

OCFC revenue and earnings growth

OCFC revenueQ3 2026$185.13M

Quarter YoY
+79.8%
QoQ
+41.0%
FY YoY
+5.4%
5Y CAGR
+0.9%
10Y CAGR
+15.8%

OCFC revenue was $185.13M in fiscal Q3 2026 (ended Sep 30, 2026), up 79.8% from a year earlier and up 41.0% from the prior quarter. For the full fiscal 2025 it was $404.92M, up 5.4% from fiscal 2024. Compound annual growth was +0.9% over 5 years and +15.8% over 10 years. It rose in 7 of the last 10 fiscal years.

OCFC net incomeQ3 2026$16.46M

Quarter YoY
-5.0%
FY YoY
-29.1%
5Y CAGR
+2.3%
10Y CAGR
+13.3%

OCFC net income was $16.46M in fiscal Q3 2026 (ended Sep 30, 2026), down 5.0% from a year earlier. For the full fiscal 2025 it was $70.98M, down 29.1% from fiscal 2024. Compound annual growth was +2.3% over 5 years and +13.3% over 10 years. It rose in 6 of the last 10 fiscal years.

OCFC EPSQ3 2026$0.17

FY YoY
-29.1%
5Y CAGR
+2.8%

OCFC diluted EPS was $0.17 in fiscal Q3 2026 (ended Sep 30, 2026). For the full fiscal 2025 it was $1.17, down 29.1% from fiscal 2024. Compound annual growth was +2.8% over 5 years.

OCFC free cash flowQ3 2026$128.04M

Quarter YoY
+460.6%
QoQ
+282.6%
FY YoY
-6.1%
5Y CAGR
-7.6%
10Y CAGR
+12.5%

OCFC free cash flow was $128.04M in fiscal Q3 2026 (ended Sep 30, 2026), up 460.6% from a year earlier and up 282.6% from the prior quarter. For the full fiscal 2025 it was $79.51M, down 6.1% from fiscal 2024. Compound annual growth was -7.6% over 5 years and +12.5% over 10 years. It rose in 7 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$404.92M$384.22M$403.36M$436.57M$357.27M$386.88M$298.14M$275.33M$196.29M$140.67M
Interest expense--$238.24M$53.70M$36.75M$66.66M$52.82M$36.15M$19.61M$13.16M
Pre-tax income$92.52M$130.66M$136.76M$193.92M$142.24M$81.04M$107.36M$85.50M$65.33M$35.20M
Income tax$21.49M$30.27M$32.70M$46.56M$32.16M$17.73M$18.78M$13.57M$22.86M$12.15M
Net income$70.98M$100.06M$104.03M$146.60M$110.08M$63.31M$88.57M$71.93M$42.47M$23.05M
EPS, basic$1.17$1.65$1.70$2.43$1.79$1.02$1.77$1.54$1.32$1.00
EPS, diluted$1.17$1.65$1.70$2.42$1.78$1.02$1.75$1.51$1.28$0.98
Diluted shares57.4M58.3M59.0M58.9M59.6M60.1M50.7M47.7M33.1M23.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$135.13M$123.61M$153.72M$167.99M$224.78M$1.32B$133.23M$122.33M$109.61M$301.37M
Goodwill$517.48M$523.31M$506.15M$506.15M$500.32M$500.32M$374.63M$338.44M$150.50M$145.06M
Total assets$14.56B$13.42B$13.54B$13.10B$11.74B$11.45B$8.25B$7.52B$5.42B$5.17B
Total debt$255.23M$197.55M$196.46M$195.40M$229.14M$235.47M----
Total liabilities$12.90B$11.72B$11.88B$11.52B$10.22B$9.96B$7.09B$6.48B$4.81B$4.60B
Shareholders' equity$1.66B$1.70B$1.66B$1.59B$1.52B$1.48B$1.15B$1.04B$601.94M$571.90M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$87.21M$92.24M$124.26M$250.45M$159.97M$132.66M$100.25M$92.55M$80.13M$33.42M
Capital expenditures$7.70M$7.57M$7.71M$16.11M$42.04M$14.73M$5.08M$11.49M$48.70M$6.67M
Free cash flow$79.51M$84.68M$116.55M$234.34M$117.93M$117.93M$95.17M$81.06M$31.43M$26.75M
Investing cash flow-$1.18B$106.40M-$488.00M-$1.32B-$1.48B-$22.17M-$172.12M$48.55M-$455.22M$271.70M
Financing cash flow$1.10B-$228.75M$349.47M$1.01B$223.99M$1.07B$82.77M-$128.39M$183.33M-$47.70M
Dividends paid$48.25M$50.88M$51.27M$47.51M$44.51M$42.92M$34.24M$29.56M$19.29M$12.62M
Share repurchases$24.91M$21.48M$0$7.40M$36.06M$14.81M$26.07M$10.84M$0$1.88M
Stock-based compensation$4.87M$6.08M$5.85M$6.64M$5.42M$4.26M$3.86M$3.04M$2.18M$1.50M
Depreciation and amortization$10.30M$10.90M$12.33M$11.68M$9.36M$8.45M$8.36M$8.71M$6.30M$4.80M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY5.4%-4.7%-7.6%22.2%-7.7%29.8%8.3%40.3%39.5%50.8%
Net income growth, YoY-29.1%-3.8%-29.0%33.2%73.9%-28.5%23.1%69.4%84.3%13.4%
EPS growth, YoY-29.1%-2.9%-29.8%36.0%74.5%-41.7%15.9%---19.0%
Net margin17.5%26.0%25.8%33.6%30.8%16.4%29.7%26.1%21.6%16.4%
Free cash flow margin19.6%22.0%28.9%53.7%33.0%30.5%31.9%29.4%16.0%19.0%
Return on equity4.3%5.9%6.3%9.2%7.3%4.3%7.7%6.9%7.1%4.0%
Return on assets0.5%0.7%0.8%1.1%0.9%0.6%1.1%1.0%0.8%0.4%
Debt to equity0.150.120.120.120.150.16----

Source: XBRL data OceanFirst Financial Corp. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

OCFC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
OCFC$524.35M+32.5%$47.03M9.0%$1.79B
CBU$887.07M+10.4%$234.28M26.4%$3.41B
BFC$239.04M+41.4%$86.88M36.3%$1.64B

OCFC FAQ

8 questions
  • What is OCFC revenue?
    OceanFirst Financial Corp. (OCFC) reported $524.35M of revenue for the twelve months ended Sep 30, 2026. That is up 32.5% from the year before. Revenue for fiscal 2025 was $404.92M.
  • Is OCFC profitable?
    Yes. OceanFirst Financial Corp. earned $47.03M in net income for the twelve months ended Sep 30, 2026, a net margin of 9.0%.
  • How much cash and debt does OCFC have?
    OceanFirst Financial Corp. reported $269.82M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is OCFC revenue growing?
    OceanFirst Financial Corp.'s revenue changed +5.4% in fiscal 2025, to $404.92M. Its compound annual growth rate was +0.9% over 5 years and +15.8% over 10 years.
  • What is OCFC free cash flow?
    OceanFirst Financial Corp. generated $217.88M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $229.23M less capital expenditures.
  • What is OCFC earnings per share?
    Diluted earnings per share were $0.73 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did OCFC last report financial results?
    The latest statements here come from OceanFirst Financial Corp.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this OCFC financial data come from?
    Quantisnow builds these statements from the structured XBRL data OceanFirst Financial Corp. files with the SEC. It is provided for information only and is not investment advice.