OCFC
OceanFirst Financial Corp
NASDAQ: OCFC · FINANCIAL SERVICES · BANKS - REGIONAL
$19.07
+1.01% today
Updated 2026-04-30
Market cap
$1.09B
P/E ratio
16.00
P/S ratio
2.74x
EPS (TTM)
$1.18
Dividend yield
4.15%
52W range
$16 – $20
Volume
0.7M
OceanFirst Financial Corp (OCFC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $130.17M | $117.50M | $116.23M | $111.45M | $115.43M | $109.49M | $103.88M | $90.58M | $96.09M | $100.47M | $151.49M | $212.34M | $307.27M | $345.00M | $433.82M | $388.84M | $485.30M | $636.96M | $687.95M | $655.60M |
| Revenue growth (YoY) | — | -9.7% | -1.1% | -4.1% | +3.6% | -5.1% | -5.1% | -12.8% | +6.1% | +4.6% | +50.8% | +40.2% | +44.7% | +12.3% | +25.7% | -10.4% | +24.8% | +31.3% | +8.0% | -4.7% |
| Cost of revenue | $58.59M | $62.74M | $47.16M | $36.10M | $32.25M | $25.81M | $22.00M | $12.43M | $10.13M | $10.31M | $15.79M | $24.06M | $39.64M | $54.46M | $126.06M | $24.92M | $61.47M | $255.92M | $315.83M | $298.40M |
| Gross profit | $71.58M | $54.76M | $69.07M | $75.35M | $83.18M | $83.68M | $81.88M | $78.15M | $85.95M | $90.17M | $135.71M | $188.28M | $267.63M | $290.54M | $307.76M | $363.92M | $423.83M | $381.04M | $372.12M | $357.19M |
| Gross margin | 55.0% | 46.6% | 59.4% | 67.6% | 72.1% | 76.4% | 78.8% | 86.3% | 89.5% | 89.7% | 89.6% | 88.7% | 87.1% | 84.2% | 70.9% | 93.6% | 87.3% | 59.8% | 54.1% | 54.5% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $38.11M | $37.30M | $38.15M | $39.36M | $34.28M | $34.22M | $33.35M | $34.90M | $37.79M | $38.75M | $57.51M | $71.51M | $100.13M | $106.95M | $119.03M | $126.17M | $139.27M | $146.96M | $9.48M | $15.09M |
| Operating income | $19.20M | $935000.00 | $21.62M | $24.81M | $30.78M | $32.21M | $30.95M | $24.94M | $30.53M | $31.20M | $35.20M | $65.33M | $85.50M | $107.36M | $81.04M | $142.24M | $193.92M | $136.76M | $130.66M | $92.52M |
| Operating margin | 14.7% | 0.8% | 18.6% | 22.3% | 26.7% | 29.4% | 29.8% | 27.5% | 31.8% | 31.1% | 23.2% | 30.8% | 27.8% | 31.1% | 18.7% | 36.6% | 40.0% | 21.5% | 19.0% | 14.1% |
| EBITDA | $25.51M | $8.22M | $25.76M | $27.09M | $34.95M | $36.52M | $35.21M | $29.16M | $34.46M | $34.81M | $40.77M | $73.75M | $98.12M | $119.79M | $95.77M | $157.12M | $210.40M | $153.17M | $145.20M | $93.27M |
| EBITDA margin | 19.6% | 7.0% | 22.2% | 24.3% | 30.3% | 33.4% | 33.9% | 32.2% | 35.9% | 34.6% | 26.9% | 34.7% | 31.9% | 34.7% | 22.1% | 40.4% | 43.4% | 24.0% | 21.1% | 14.2% |
| EBIT | $19.20M | $935000.00 | $21.62M | $24.81M | $30.78M | $32.21M | $30.95M | $24.94M | $30.53M | $31.20M | $35.20M | $65.33M | $85.61M | $107.36M | $81.09M | $142.27M | $193.97M | $136.76M | $130.66M | $92.52M |
| Interest expense | $58.44M | $62.04M | $45.38M | $30.40M | $24.25M | $18.06M | $14.10M | $9.63M | $7.50M | $9.03M | $13.16M | $19.61M | $36.15M | $52.82M | $66.66M | $36.75M | $53.70M | $238.24M | $308.14M | $282.23M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $12.63M | $1.07M | $14.76M | $15.65M | $20.38M | $20.74M | $20.02M | $16.33M | $19.92M | $20.32M | $23.05M | $42.47M | $71.93M | $88.57M | $63.31M | $110.08M | $146.60M | $104.03M | $100.06M | $70.98M |
| Net income growth (YoY) | — | -91.5% | +1273.4% | +6.0% | +30.2% | +1.8% | -3.5% | -18.4% | +22.0% | +2.0% | +13.4% | +84.3% | +69.4% | +23.1% | -28.5% | +73.9% | +33.2% | -29.0% | -3.8% | -29.1% |
| Profit margin | 9.7% | 0.9% | 12.7% | 14.0% | 17.7% | 18.9% | 19.3% | 18.0% | 20.7% | 20.2% | 15.2% | 20.0% | 23.4% | 25.7% | 14.6% | 28.3% | 30.2% | 16.3% | 14.5% | 10.8% |