Oceanfirst Financial Corp income statement
In fiscal 2025, Oceanfirst Financial Corp reported revenue of $405m, up 5.4% on the year before and net income of $71.0m, or $1.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81 | 92 | 93 | 91 | 87 | 91 | 93 | 141 | 196 | 275 | 298 | 387 | 357 | 437 | 403 | 384 | 405 | 442 |
| Interest expense | 30 | 24 | 18 | 14 | 10 | 8 | 9 | 13 | 20 | 36 | 53 | 67 | 37 | 54 | 238 | — | — | — |
| Net interest income | 65 | 77 | 77 | 74 | 71 | 72 | 77 | 120 | 169 | 241 | 256 | 313 | 305 | 377 | 370 | 334 | 360 | 403 |
| Non-interest income | 16 | 15 | 15 | 18 | 16 | 19 | 16 | 20 | 27 | 35 | 42 | 74 | 52 | 59 | 34 | 50 | 45 | 39 |
| Provision for credit losses | 6 | 8 | 8 | 8 | 3 | 3 | 1 | 3 | 4 | 3 | 2 | 57 | −12 | 8 | 18 | 8 | 16 | 15 |
| Income before tax | 25 | 31 | 32 | 31 | 25 | 31 | 31 | 35 | 65 | 86 | 107 | 81 | 142 | 194 | 137 | 131 | 93 | 64 |
| Income tax | 9 | 10 | 11 | 11 | 9 | 11 | 11 | 12 | 23 | 14 | 19 | 18 | 32 | 47 | 33 | 30 | 21 | 16 |
| Net income | 16 | 20 | 21 | 20 | 16 | 20 | 20 | 23 | 42 | 72 | 89 | 63 | 110 | 147 | 104 | 100 | 71 | 48 |
| Diluted EPS | $0.98 | $1.12 | $1.14 | $1.12 | $0.95 | $1.19 | $1.21 | $0.98 | $1.28 | $1.51 | $1.75 | $1.02 | $1.78 | $2.42 | $1.70 | $1.65 | $1.17 | $0.79 |
| Diluted shares (average) | 13m | 18m | 18m | 18m | 17m | 17m | 17m | 24m | 33m | 48m | 51m | 60m | 60m | 59m | 59m | 58m | 57m | 60m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 97 | 96 | 98 | 99 | 103 | 105 | 103 | 131 |
| Net interest income | 82 | 83 | 87 | 88 | 91 | 95 | 96 | 121 |
| Non-interest income | 15 | 12 | 11 | 12 | 12 | 9 | 7 | 11 |
| Provision for credit losses | 1 | 3 | 5 | 3 | 4 | 4 | 3 | 4 |
| Income before tax | 33 | 27 | 28 | 25 | 23 | 17 | 27 | −3 |
| Income tax | 7 | 5 | 7 | 6 | 5 | 4 | 7 | 0 |
| Net income | 25 | 22 | 22 | 19 | 17 | 13 | 21 | −3 |
| Diluted EPS | $0.42 | $0.36 | $0.35 | $0.28 | $0.30 | $0.23 | $0.36 | −$0.04 |
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