OceanFirst Financial Corp.

OCFC

OCFCOceanFirst Financial Corp. US flag

NASDAQ Global Select

17.35

USD

-0.70

- -

999.36MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	91	90	81	89	91	138	193	271	292	367	352	432	399	380	400
+ Sales & Services Revenue	91	90	81	89	91	138	193	271	292	367	352	432	399	380	400
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	32	31	33	35	36	52	65	90	96	122	128	142	151	154	177
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-32	-31	-33	-35	-36	-52	-65	-90	-96	-122	-128	-142	-151	-154	-177
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-32	-31	-25	-31	-31	-35	-65	-86	-107	-81	-142	-194	-137	-131	-93
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-32	-31	-25	-31	-31	-35	-65	-86	-107	-81	-142	-194	-137	-131	-93
Pretax Income	32	31	25	31	31	35	65	86	107	81	142	194	137	131	93
- Income Tax Expense (Benefit)	11	11	9	11	11	12	23	14	19	18	32	47	33	30	21
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	21	20	16	20	20	23	42	72	89	63	110	147	104	100	71
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	1	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	1	- -
Income (Loss) Incl. MI	21	20	16	20	20	23	42	72	89	63	110	146	104	100	71
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -
Net Income, GAAP	21	20	16	20	20	23	42	72	89	63	110	147	104	100	71
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	4	4	4	4	2
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	21	20	16	20	20	23	42	72	89	61	106	143	100	96	69
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	4	4	4	4	4	6	8	13	12	15	15	16	16	15	14
EBITDA Margin (%)	4.71	4.74	5.21	4.44	3.94	4.02	4.37	4.65	4.25	4.01	4.23	3.82	4.11	3.83	3.6
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	22.68	22.3	20.17	22.49	22.22	16.66	22.04	26.53	30.31	17.24	31.26	33.97	26.09	26.35	17.73
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.48	0.48	0.48	0.49	0.52	0.55	0.6	0.63	0.68	0.72	0.75	0.81	0.87	0.87	0.84
Depreciation Expense	4	4	4	4	4	6	8	13	12	15	15	16	16	15	14
Basic Weighted Avg Shares	18	18	17	17	17	23	32	47	50	60	59	59	59	58	57
Basic EPS, GAAP	1.14	1.13	0.96	1.19	1.22	1	1.32	1.54	1.77	1.02	1.79	2.43	1.7	1.65	1.2
Basic EPS from Cont Ops	1.14	1.13	0.96	1.19	1.22	1	1.32	1.54	1.77	1.06	1.85	2.51	1.77	1.72	1.24
Diluted Weighted Avg Shares	18	18	17	17	17	24	33	48	51	60	60	59	59	58	57
Diluted EPS, GAAP	1.14	1.12	0.95	1.19	1.21	0.98	1.28	1.51	1.75	1.02	1.78	2.42	1.7	1.65	1.2
Diluted EPS from Cont Ops	1.14	1.12	0.95	1.19	1.21	0.98	1.28	1.51	1.75	1.05	1.85	2.5	1.77	1.72	1.24

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	243	610	78	56	74	322	191	222	272	1,455	773	626	908	951	1,367
+ Cash & Cash Equivalents	78	63	34	36	44	301	110	121	121	1,272	205	168	154	124	135
+ ST Investments	165	547	44	20	30	21	82	101	151	183	568	458	754	828	1,232
+ Accounts & Notes Receiv	6	6	5	6	6	12	14	20	22	35	33	45	52	46	49
+ Accounts Receivable, Net	6	6	5	6	6	12	14	20	22	35	33	45	52	46	49
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-249	-616	-83	-61	-80	-334	-205	-241	-293	-1,491	-806	-670	-959	-997	-1,416
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	22	22	24	25	28	71	102	111	103	107	126	127	121	115	113
+ Property, Plant & Equip	51	53	57	61	70	126	161	168	162	175	200	202	206	207	214
- Accumulated Depreciation	29	31	34	36	41	55	59	56	60	68	74	76	84	92	101
+ LT Investments & Receivables	165	547	539	489	425	611	854	957	930	1,228	1,809	1,781	2,014	1,957	2,205
+ LT Investments	165	547	539	489	425	611	854	957	930	1,228	1,809	1,781	2,014	1,957	2,205
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-188	-570	-563	-514	-453	-682	-956	-1,068	-1,033	-1,335	-1,934	-1,908	-2,135	-2,073	-2,318
+ Total Intangible Assets	5	- -	- -	- -	2	156	159	355	390	524	519	520	516	536	527
+ Goodwill	- -	- -	- -	- -	2	145	151	338	375	500	500	506	506	523	517
+ Other Intangible Assets	5	- -	- -	- -	- -	11	9	17	16	24	18	13	10	13	9
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-192	-570	-563	-514	-455	-838	-1,116	-1,424	-1,423	-1,859	-2,453	-2,427	-2,651	-2,609	-2,845
Total Assets	2,302	2,269	2,250	2,357	2,593	5,167	5,416	7,516	8,246	11,448	11,740	13,104	13,538	13,421	14,564
+ Payables & Accruals	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-33	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-33	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	294	252	202	333	347	307	345	549	616	235	229	1,407	975	1,199	1,580
+ LT Borrowings	294	252	202	333	347	307	345	549	616	235	229	1,407	973	1,198	1,579
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	1	1	1
+ Other LT Liabilities	-294	-252	-202	-333	-347	-307	-345	-549	-616	-235	-229	-1,407	-975	-1,199	-1,580
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-294	-252	-202	-333	-347	-307	-345	-549	-616	-235	-229	-1,407	-975	-1,199	-1,580
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	2,085	2,049	2,035	2,138	2,355	4,595	4,814	6,477	7,093	9,964	10,223	11,518	11,876	11,718	12,902
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	263	263	264	266	270	365	355	758	841	1,138	1,147	1,155	1,162	1,169	1,119
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1
+ Additional Paid in Capital	263	263	263	265	270	364	354	758	841	1,138	1,147	1,155	1,162	1,168	1,118
- Treasury Stock	226	238	245	255	252	23	16	11	37	26	62	69	69	91	116
+ Retained Earnings	187	198	206	218	229	238	271	305	359	378	442	541	593	642	663
+ Other Equity	-2	- -	-7	-7	-6	-6	-5	-3	-1	1	-3	-36	-21	-16	-2
Equity Before Minority Interest	217	220	214	218	238	572	602	1,039	1,153	1,484	1,517	1,585	1,661	1,702	1,663
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -
Total Equity	217	220	214	218	238	572	602	1,039	1,153	1,484	1,517	1,585	1,662	1,703	1,663
Total Liabilities & Equity	2,302	2,269	2,250	2,357	2,593	5,167	5,416	7,516	8,246	11,448	11,740	13,104	13,538	13,421	14,564
Shares Outstanding	19	18	17	17	17	32	33	48	50	60	59	59	59	59	57
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	1	1	1
Net Debt	243	190	169	297	303	6	236	428	496	-1,037	24	1,239	820	1,074	1,444
Net Debt to Equity	112.28	86.43	78.63	135.9	127.05	0.99	39.14	41.19	42.97	-69.85	1.6	78.12	49.32	63.07	86.86
Tangible Common Equity Ratio	9.23	9.69	9.53	9.26	9.12	8.3	8.42	9.55	9.71	8.79	8.89	8.47	8.8	9.06	8.09
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	21	20	16	20	20	23	42	72	89	63	110	147	104	100	71
+ Depreciation & Amortization	4	4	4	4	4	6	8	13	12	15	15	16	16	15	14
+ Non-Cash Items	8	5	12	5	8	9	45	-4	21	-21	41	7	26	-11	30
+ Stock-Based Compensation	1	1	1	1	2	2	3	5	5	5	8	9	8	7	6
+ Deferred Income Taxes	-1	1	-2	- -	1	6	35	-5	16	-5	4	2	3	- -	3
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	6	4	8	4	8	1	- -	- -	- -
+ Other Non-Cash Adj	8	4	13	3	4	1	1	-8	-8	-26	22	-6	15	-18	21
+ Chg in Non-Cash Work Cap	-16	1	2	-1	-3	-4	-16	12	-22	76	-6	80	-23	-12	-29
+ (Inc) Dec in Accts Receiv	- -	- -	1	- -	- -	- -	-2	- -	- -	-9	3	-12	-7	6	-3
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	-16	1	2	-1	-3	-4	-14	12	-21	85	-9	92	-15	-18	-26
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	18	31	35	28	28	33	80	93	100	133	160	250	124	92	87
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-2	-3	-4	-4	-4	-7	-49	-11	-5	-15	-42	-21	-8	-8	-8
+ Acq of Fixed Prod Assets	-2	-3	-4	-4	-4	-7	-49	-11	-5	-15	-42	-21	-8	-8	-8
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-2	-12	-8	-9	-6	-2	- -	-11	-26	-15	-36	-7	- -	-21	-25
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-2	-12	-8	-9	-6	-2	- -	-11	-26	-15	-36	-7	- -	-21	-25
+ Net Change in LT Investment	12	73	121	83	81	172	-81	151	132	-74	-585	-9	-219	68	-228
+ Dec in LT Investment	86	148	150	108	107	188	115	191	197	324	459	320	157	334	589
+ Inc in LT Investment	-74	-74	-29	-26	-26	-16	-195	-40	-65	-398	-1,044	-329	-376	-267	-817
+ Net Cash From Acq & Div	- -	- -	- -	- -	4	49	- -	-4	12	23	- -	39	- -	-69	3
+ Cash from Divestitures	- -	- -	- -	- -	4	49	- -	- -	59	23	- -	39	- -	- -	3
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	-4	-47	- -	- -	- -	- -	-69	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-14	-63	-148	-190	-176	58	-326	-87	-312	43	-851	-1,330	-261	112	-942
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-3	7	-31	-111	-95	272	-455	49	-172	-22	-1,478	-1,321	-488	106	-1,176
+ Dividends Paid	-9	-9	-8	-8	-9	-13	-19	-30	-34	-43	-45	-48	-51	-51	-48
+ Net Cash From Debt	-1	-41	-155	105	43	5	8	-68	-27	-201	-8	1,176	-363	224	381
+ Cash From Debt	55	- -	70	215	55	89	10	- -	80	701	- -	1,211	- -	224	506
+ Repayments of Debt	-56	-41	-225	-110	-12	-84	-2	-68	-107	-902	-8	-35	-363	- -	-125
+ Other Financing Activities	44	8	139	-2	47	-38	195	-20	170	1,334	312	-107	763	-380	792
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	32	-53	-33	86	75	-48	183	-128	83	1,075	224	1,014	349	-229	1,100
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	46	-15	-29	2	8	257	-192	13	11	1,185	-1,094	-57	-14	-30	12
EBITDA	4	4	4	4	4	6	8	13	12	15	15	16	16	15	14
EBITDA Margin (%)	4.71	4.74	5.21	4.44	3.94	4.02	4.37	4.65	4.25	4.01	4.23	3.82	4.11	3.83	3.6
Free Cash Flow	15	28	31	24	24	27	31	81	95	118	118	230	117	85	80
Net Cash Paid for Acquisitions	- -	- -	- -	- -	-4	-49	- -	4	-12	-23	- -	-39	- -	69	-3
Free Cash Flow to Firm	15	28	31	24	24	27	31	81	95	118	118	230	117	85	80
Free Cash Flow to Equity	15	-13	-124	129	68	32	40	13	68	-85	106	1,402	-250	308	459
Free Cash Flow per Basic Share	0.84	1.6	1.83	1.41	1.47	1.16	0.98	1.73	1.9	1.97	1.99	3.91	1.98	1.45	1.38
Price/Free Cash Flow	7.75	4.87	5.07	6.45	7.61	13.2	5.17	8.08	9.92	6.37	5.68	4.14	7.31	10.46	10.86
Cash Flow to Net Income	0.85	1.54	2.17	1.38	1.39	1.45	1.89	1.29	1.13	2.1	1.45	1.71	1.19	0.92	1.23
Capital Expenditures	-2	-3	-4	-4	-4	-7	-49	-11	-5	-15	-42	-21	-8	-8	-8