| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Loans | $556.9M+2.1% | $545.2M+4.5% | $521.9M+33.7% | $390.4M+23.8% | $315.2M-9.7% | $349.2M+24.8% | $279.9M+12.2% | $249.5M+46.3% | $170.6M |
| Debt securities | $72.1M-7.3% | $77.7M+31.2% | $59.3M+72.3% | $34.4M+56.2% | $22.0M-8.6% | $24.1M+1.3% | $23.8M | — | — |
| Equity investments and other | $13.5M-29.6% | $19.2M-28.5% | $26.8M+320.5% | $6.4M+32.4% | $4.8M-23.1% | $6.3M+24.1% | $5.1M-54.4% | $11.1M+55.2% | $7.1M |
| Total interest income | $642.5M+0.0% | $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 |
| Deposits | $216.2M-10.7% | $242.1M+40.8% | $172.0M+454.5% | $31.0M+23.1% | $25.2M-47.8% | $48.3M+25.7% | $38.4M+70.2% | $22.6M+83.0% | $12.3M |
| Borrowed funds | $66.1M+0.1% | $66.0M-0.3% | $66.2M+192.0% | $22.7M+96.4% | $11.5M-37.1% | $18.4M+27.6% | $14.4M+6.0% | $13.6M+86.6% | $7.3M |
| Total interest expense | $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 |
| Net interest income | $360.2M+7.8% | $334.0M-9.7% | $369.7M-2.1% | $377.5M+23.6% | $305.3M-2.4% | $313.0M+22.3% | $256.0M+6.4% | $240.5M+42.1% | $169.2M |
| Provision for credit losses | $16.2M+110.3% | $7.7M-56.5% | $17.7M+127.6% | $7.8M+165.7% | -$11.8M | — | — | — | — |
| Net interest income after provision for credit losses | $344.1M+5.4% | $326.3M-7.3% | $352.1M-4.8% | $369.7M+16.6% | $317.2M+25.1% | $253.5M-0.3% | $254.3M+7.3% | $237.0M+43.8% | $164.8M |
| Bankcard services revenue | $6.5M+5.4% | $6.2M+4.8% | $5.9M-35.9% | $9.2M-31.0% | $13.4M+17.0% | $11.4M+11.2% | $10.3M+11.2% | $9.2M+32.5% | $7.0M |
| Net gain on sales of loans | $3.7M+56.3% | $2.4M+450.9% | $428K+19.6% | $358K-88.8% | $3.2M-61.5% | $8.3M+51637.5% | $16K-97.6% | $668K+568.0% | $100K |
| Net gain (loss) on equity investments | $916K-78.3% | $4.2M+213.2% | -$3.7M-138.5% | $9.7M+35.5% | $7.1M-66.3% | $21.2M+7845.3% | $267K+234.2% | -$199K | $0 |
| Net loss from other real estate operations | -$285K-1325.0% | -$20K | $0-100.0% | $48K+420.0% | -$15K-142.9% | $35K+110.6% | -$330K+91.3% | -$3.8M-336.2% | -$874K |
| Income from bank owned life insurance | $7.8M-1.9% | $7.9M+49.7% | $5.3M-19.7% | $6.6M-3.7% | $6.8M+6.4% | $6.4M+18.5% | $5.4M+6.2% | $5.1M+54.7% | $3.3M |
| Commercial loan swap income | $3.6M+315.1% | $879K+18.6% | $741K-89.5% | $7.1M+72.5% | $4.1M-49.3% | $8.1M+52.9% | $5.3M+690.0% | $669K | — |
| Other | $3.1M-39.9% | $5.1M+321.4% | $1.2M+27.2% | $953K-17.8% | $1.2M+87.5% | $618K-3.7% | $642K-56.1% | $1.5M+290.9% | $374K |
| Total other income | $44.7M-10.9% | $50.2M+49.3% | $33.6M-43.1% | $59.1M+13.8% | $51.9M-29.8% | $73.9M+75.3% | $42.2M+21.1% | $34.8M+28.6% | $27.1M |
| Compensation and employee benefits | $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 |
| Occupancy | $22.9M+9.9% | $20.8M-1.8% | $21.2M+1.8% | $20.8M+1.6% | $20.5M-1.4% | $20.8M+21.1% | $17.2M-4.2% | $17.9M+68.1% | $10.7M |
| Equipment | $3.6M-15.4% | $4.3M-8.6% | $4.7M-6.8% | $5.0M-8.4% | $5.4M-29.9% | $7.8M+0.6% | $7.7M-7.2% | $8.3M+22.9% | $6.8M |
| Marketing | $5.7M+9.4% | $5.2M+21.9% | $4.2M+43.8% | $2.9M+35.9% | $2.2M-30.4% | $3.1M-10.1% | $3.5M+1.6% | $3.4M+27.5% | $2.7M |
| Federal deposit insurance and regulatory assessments | $11.6M+5.9% | $11.0M-1.8% | $11.2M+51.6% | $7.4M+19.6% | $6.2M+26.4% | $4.9M+118.7% | $2.2M-40.0% | $3.7M+44.8% | $2.6M |
| Data processing | $27.7M+14.2% | $24.3M-2.2% | $24.8M+7.5% | $23.1M+7.1% | $21.6M+23.5% | $17.5M+17.9% | $14.8M+11.5% | $13.3M+50.1% | $8.8M |
| Check card processing | $4.6M+3.9% | $4.4M-4.9% | $4.6M-6.7% | $5.0M-4.1% | $5.2M-5.1% | $5.5M-8.4% | $6.0M+41.5% | $4.2M+18.2% | $3.6M |
| Professional fees | $15.1M+59.1% | $9.5M-48.2% | $18.3M+40.8% | $13.0M+17.7% | $11.0M-9.8% | $12.2M+31.2% | $9.3M+88.2% | $5.0M+24.2% | $4.0M |
| Amortization of intangibles | $3.6M+9.0% | $3.3M-16.3% | $4.0M-15.6% | $4.7M | — | — | — | — | — |
| Branch consolidation expense, net | $0 | $0-100.0% | $70K-90.2% | $713K-94.2% | $12.3M+61.8% | $7.6M-15.8% | $9.1M+187.2% | $3.2M-49.2% | $6.2M |
| Merger related expenses | $4.3M+139.1% | $1.8M+7986.4% | $22K-99.2% | $2.7M+82.0% | $1.5M-90.6% | $15.9M+51.8% | $10.5M-61.0% | $26.9M+224.5% | $8.3M |
| Restructuring charges | $11.5M | $0 | $0 | — | — | — | — | — | — |
| Other operating expense | $26.4M+14.2% | $23.1M+15.2% | $20.0M+13.6% | $17.6M+13.7% | $15.5M-6.3% | $16.6M+10.6% | $15.0M+10.8% | $13.5M+25.0% | $10.8M |
| Total operating expenses | $296.2M+20.5% | $245.9M-1.2% | $248.9M+6.0% | $234.9M+3.5% | $226.9M-7.9% | $246.4M+30.3% | $189.1M+1.5% | $186.3M+47.3% | $126.5M |
| Income before provision for income taxes | $92.5M-29.2% | $130.7M-4.5% | $136.8M-29.5% | $193.9M+36.3% | $142.2M+75.5% | $81.0M-24.5% | $107.4M+25.6% | $85.5M+30.9% | $65.3M |
| Provision for income taxes | $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 |
| Net income | $71.0M-29.2% | $100.4M-3.5% | $104.1M-29.4% | $147.4M+33.9% | $110.1M+73.9% | $63.3M-28.5% | $88.6M+23.1% | $71.9M+69.4% | $42.5M |
| Net income attributable to non-controlling interest | $49K-84.9% | $325K+802.8% | $36K-95.2% | $754K | $0 | $0 | — | — | — |
| Net income attributable to OceanFirst Financial Corp. | $71.0M-29.1% | $100.1M-3.8% | $104.0M-29.0% | $146.6M+33.2% | $110.1M+73.9% | $63.3M-28.5% | $88.6M+23.1% | $71.9M+69.4% | $42.5M |
| Dividends on preferred shares | $2.0M-50.0% | $4.0M+0.0% | $4.0M+0.0% | $4.0M+0.0% | $4.0M+91.5% | $2.1M | $0 | $0 | — |
| Loss on redemption of preferred stock | $1.8M | $0 | $0 | — | — | — | — | — | — |
| Net income available to common stockholders, basic | $67.1M-30.1% | $96.0M-4.0% | $100.0M-29.9% | $142.6M+34.4% | $106.1M+73.3% | $61.2M+169.1% | -$88.6M-23.1% | -$71.9M | — |
| Net income available to common stockholders, diluted | $67.1M-30.1% | $96.0M-4.0% | $100.0M-29.9% | $142.6M+34.4% | $106.1M+73.3% | $61.2M | — | — | — |
| Basic earnings per share (in dollars per share) | $1170.00-29.1% | $1650.00-2.9% | $1700.00-30.0% | $2430.00+35.8% | $1790.00+75.5% | $1020.00-42.4% | $1770.00+14.9% | $1540.00+16.7% | $1320.00 |
| Diluted earnings per share (in dollars per share) | $1170.00-29.1% | $1650.00-2.9% | $1700.00-29.8% | $2420.00+36.0% | $1780.00+74.5% | $1020.00-41.7% | $1750.00+15.9% | $1510.00+18.0% | $1280.00 |
| Average basic shares outstanding (in shares) | 57.4M-1.5% | 58.3M-1.1% | 58.9M+0.4% | 58.7M-1.1% | 59.4M-0.9% | 59.9M+19.4% | 50.2M+7.3% | 46.8M+45.7% | 32.1M |
| Average diluted shares outstanding (in shares) | 57.4M-1.5% | 58.3M-1.1% | 59.0M+0.1% | 58.9M-1.3% | 59.6M-0.7% | 60.1M+18.4% | 50.7M+6.5% | 47.7M+43.9% | 33.1M |
| Trust and asset management revenue | |||||||||
| Revenue | $17.9M-18.0% | $21.8M+2.5% | $21.3M-6.8% | $22.8M+64.8% | $13.8M+574.1% | $2.1M-2.4% | $2.1M-6.4% | $2.2M+4.4% | $2.1M |
| Fees and service charges | |||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.