OCFCP
Income statement / Annual
Last year (2024), OceanFirst Financial Corp.'s total revenue was $379.81 M,
a decrease of 1.52% from the previous year.
In 2024, OceanFirst Financial Corp.'s net income was $100.07 M.
See OceanFirst Financial Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$379.81 M |
$385.68 M |
$431.60 M |
$352.09 M |
$367.16 M |
$292.18 M |
$271.12 M |
$192.73 M |
$138.33 M |
$91.33 M |
| Cost of Revenue |
$25.06 M
|
-$255.18 M
|
$43.44 M
|
$41.43 M
|
$45.10 M
|
$39.85 M
|
$39.74 M
|
$28.24 M
|
$21.11 M
|
$14.93 M
|
| Gross Profit |
$354.75 M
|
$640.86 M
|
$388.17 M
|
$310.65 M
|
$322.06 M
|
$252.33 M
|
$231.38 M
|
$164.49 M
|
$117.22 M
|
$76.40 M
|
| Gross Profit Ratio |
0.93
|
1.66
|
0.9
|
0.88
|
0.88
|
0.86
|
0.85
|
0.85
|
0.85
|
0.84
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$149.30 M
|
$146.96 M
|
$139.27 M
|
$147.74 M
|
$136.49 M
|
$106.95 M
|
$100.13 M
|
$71.51 M
|
$57.51 M
|
$38.75 M
|
| Selling & Marketing Expenses |
$5.17 M
|
$4.24 M
|
$2.95 M
|
$2.17 M
|
$3.12 M
|
$3.47 M
|
$3.42 M
|
$2.68 M
|
$1.88 M
|
$1.52 M
|
| Selling, General & Administrative Expenses |
$154.46 M
|
$151.20 M
|
$142.22 M
|
$149.91 M
|
$139.61 M
|
$110.42 M
|
$103.55 M
|
$74.19 M
|
$59.39 M
|
$40.27 M
|
| Other Expenses |
$206.17 M
|
$247.52 M
|
$218.94 M
|
-$359.75 M
|
-$425.73 M
|
-$295.24 M
|
-$253.02 M
|
$91.61 M
|
$77.01 M
|
$42.46 M
|
| Operating Expenses |
$379.81 M
|
$398.72 M
|
$234.88 M
|
-$209.85 M
|
-$286.12 M
|
-$184.82 M
|
-$149.47 M
|
$98.28 M
|
$81.74 M
|
$45.84 M
|
| Cost And Expenses |
$379.81 M
|
$209.01 M
|
$234.88 M
|
-$209.85 M
|
-$286.12 M
|
-$184.82 M
|
-$149.47 M
|
$126.52 M
|
$102.85 M
|
$60.78 M
|
| Interest Income |
$642.17 M
|
$607.97 M
|
$431.18 M
|
$342.09 M
|
$379.61 M
|
$308.79 M
|
$276.65 M
|
$188.83 M
|
$133.43 M
|
$85.86 M
|
| Interest Expense |
$308.14 M
|
$238.24 M
|
$53.70 M
|
$36.75 M
|
$66.66 M
|
$52.82 M
|
$36.15 M
|
$19.61 M
|
$13.16 M
|
$9.03 M
|
| Depreciation & Amortization |
$14.54 M
|
$16.40 M
|
$16.43 M
|
$14.85 M
|
$14.69 M
|
$12.23 M
|
$12.51 M
|
$8.34 M
|
$5.42 M
|
$21,000.00
|
| EBITDA |
-$20,000.00 |
$0.00 |
$210.40 M |
$157.12 M |
$95.77 M |
$119.79 M |
-$3.81 M |
-$874,000.00 |
-$856,000.00 |
-$149,000.00 |
| EBITDA Ratio |
-0
|
0
|
0.58
|
0.42
|
0.24
|
0.38
|
0.49
|
0.48
|
0.39
|
0.48
|
| Operating Income Ratio |
-0
|
0.35
|
0.57
|
0.4
|
0.22
|
0.37
|
0.45
|
-0
|
-0.01
|
-0
|
| Total Other Income/Expenses Net |
$130.68 M
|
-$92,000.00
|
-$38.13 M
|
-$46.14 M
|
-$70.89 M
|
-$50.03 M
|
-$55.30 M
|
-$33.47 M
|
-$30.00 M
|
-$11.27 M
|
| Income Before Tax |
$130.66 M
|
$136.77 M
|
$193.92 M
|
$142.24 M
|
$81.04 M
|
$107.36 M
|
$85.50 M
|
$65.33 M
|
$35.20 M
|
$31.21 M
|
| Income Before Tax Ratio |
0.34
|
0.35
|
0.45
|
0.4
|
0.22
|
0.37
|
0.32
|
0.34
|
0.25
|
0.34
|
| Income Tax Expense |
$30.27 M
|
$32.70 M
|
$46.57 M
|
$32.17 M
|
$17.73 M
|
$18.78 M
|
$13.57 M
|
$22.86 M
|
$12.15 M
|
$10.88 M
|
| Net Income |
$100.07 M
|
$104.03 M
|
$146.60 M
|
$110.08 M
|
$63.31 M
|
$88.57 M
|
$71.93 M
|
$42.47 M
|
$23.05 M
|
$20.32 M
|
| Net Income Ratio |
0.26
|
0.27
|
0.34
|
0.31
|
0.17
|
0.3
|
0.27
|
0.22
|
0.17
|
0.22
|
| EPS |
1.79 |
1.7 |
2.43 |
1.79 |
1.02 |
1.77 |
1.54 |
1.32 |
1 |
1.22 |
| EPS Diluted |
1.79 |
1.7 |
2.42 |
1.78 |
1.02 |
1.75 |
1.51 |
1.28 |
0.98 |
1.21 |
| Weighted Average Shares Out |
$58.30 M
|
$58.95 M
|
$58.73 M
|
$59.41 M
|
$59.92 M
|
$50.17 M
|
$46.77 M
|
$32.11 M
|
$23.09 M
|
$16.60 M
|
| Weighted Average Shares Out Diluted |
$58.30 M
|
$58.96 M
|
$58.88 M
|
$59.65 M
|
$60.07 M
|
$50.75 M
|
$47.66 M
|
$33.13 M
|
$23.53 M
|
$16.81 M
|
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