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Oceanfirst Financial (OCFC)
NASDAQ:OCFC
US Market

Oceanfirst Financial (OCFC) Income Statement

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Oceanfirst Financial Income Statement

Last quarter (Q2 2023), Oceanfirst Financial's total revenue was $101.04M, an increase of 4.35% from the same quarter last year. In Q2, Oceanfirst Financial's net income was $26.79M. See Oceanfirst Financial’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 442.19M$ 436.57M$ 369.10M$ 367.16M$ 292.18M$ 275.53M
Credit Losses Provision
$ 6.87M$ 7.77M$ 11.83M$ -59.40M$ -1.64M$ -3.49M
Non Interest Expense
$ 235.68M$ 223.51M$ 220.71M$ 203.15M$ 163.63M$ 156.28M
Incomefrom Associatesand Other Participating Interests
---$ 21.21M$ 267.00K$ -199.00K
Special Income Charges
$ -33.59M$ -37.78M$ -56.10M$ -23.57M$ -19.55M$ -30.06M
Pretax Income
$ 196.95M$ 193.92M$ 142.24M$ 81.04M$ 107.36M$ 85.50M
Tax Provision
$ 50.97M$ 46.56M$ 38.32M$ 17.73M$ 18.78M$ 13.57M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 205.91M$ 142.59M$ 82.40M$ 61.21M$ 88.57M$ 71.93M
Basic EPS
$ 193.00K$ 2.43$ 1.79$ 1.02$ 1.77$ 1.54
Diluted EPS
$ 3.50$ 2.42$ 1.78$ 1.02$ 1.75$ 1.51
Basic Average Shares
$ 235.33M$ 58.73M$ 59.41M$ 59.92M$ 50.17M$ 46.77M
Diluted Average Shares
$ 235.75M$ 58.88M$ 59.65M$ 60.07M$ 50.75M$ 47.66M
Dividend Per Share
$ -0.04$ 0.74-$ 0.68$ 0.68$ 0.62
Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
$ 0.60--$ 1.20$ 2.07$ 1.98
Rent Expense Supplemental
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Interest Income After Provision For Loan Loss
$ 380.81M$ 369.71M$ 305.34M$ 253.55M$ 254.34M$ 237.01M
Net Income From Continuing And Discontinued Operation
$ 147.56M$ 146.60M$ 86.41M$ 63.31M$ 88.57M$ 71.93M
Normalized Income
$ 66.49M--$ 81.69M$ 104.98M$ 100.42M
Total Money Market Investments
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Ebit
$ 70.66M-----
Ebitda
$ 71.82M-----
Currency in USD

Oceanfirst Financial Earnings and Revenue History

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