OceanFirst Financial Corp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $404.9M | $384.2M | $437.1M | $407.4M | $340.9M | $330.7M | $284.3M | $270.6M |
| Net_Interest_Income | — | — | $382.1M | $356.2M | $283.4M | $279.7M | $241.0M | $229.1M |
| Non_Interest_Income | — | — | $55.0M | $51.2M | $57.5M | $51.0M | $43.3M | $41.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $92.5M | $130.7M | $375.0M | $247.6M | $179.0M | $147.7M | $160.2M | $121.7M |
| Operating Margin | 22.8% | 34.0% | 85.8% | 60.8% | 52.5% | 44.7% | 56.3% | 45.0% |
| Interest Expense | — | — | $238.2M | $53.7M | $36.8M | $66.7M | $52.8M | $36.2M |
| Pretax Income | $92.5M | $130.7M | $136.8M | $193.9M | $142.2M | $81.0M | $107.4M | $85.5M |
| Income Tax Expense | $21.5M | $30.3M | $32.7M | $46.6M | $32.2M | $17.7M | $18.8M | $13.6M |
| Net Income | $71.0M | $100.1M | $104.0M | $146.6M | $110.1M | $63.3M | $88.6M | $71.9M |
| Net Margin | 17.5% | 26.0% | 23.8% | 36.0% | 32.3% | 19.1% | 31.2% | 26.6% |
| EPS (Basic) | $1.17 | $1.65 | $1.70 | $2.43 | $1.79 | $1.02 | $1.77 | $1.54 |
| EPS (Diluted) | $1.17 | $1.65 | $1.70 | $2.42 | $1.78 | $1.02 | $1.75 | $1.51 |
| Shares Outstanding (Basic) | 57.4M | 58.3M | 58.9M | 58.7M | 59.4M | 59.9M | 50.2M | 46.8M |
| Shares Outstanding (Diluted) | 57.4M | 58.3M | 59.0M | 58.9M | 59.6M | 60.1M | 50.7M | 47.7M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.74 | $0.68 | $0.68 | $0.68 | $0.62 |