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OceanFirst Financial OCFC Cumulative Gross Losses and Impairments

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Other financials

Income statement

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Revenue$103.2M+5.4%
Net income$20.5M-4.7%
EPS (diluted)$0.36+2.9%

Balance sheet

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Cash & equivalents$137.0M-16.3%
Total debt$1.5B+29.7%
Total equity$1.7B-2.3%
Total assets$14.6B+9.4%

Cash flow

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Operating cash flow$25.2M+1,512%
CapEx$2.0M+5.2%
Free cash flow$23.3M+739%

Valuation

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Market cap$1.09B+11.8%
Enterprise value$2.47B+24.8%
P/E15.5×+5.1×
P/S2.7×+0.1×

Profitability

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Net margin17.1%-7.2pp
FCF margin25.9%

Returns & leverage

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Return on equity4.1%-1.4pp
Debt / equity0.9×+0.2×

Where this comes from

Reported directly by OceanFirst Financial in its filing.

Tagged under the XBRL concept us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss.

The official record: OceanFirst Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is OceanFirst Financial's cumulative gross losses and impairments?
OceanFirst Financial (OCFC) reported cumulative gross losses and impairments of $61.87M in Q1 2026.
How has OceanFirst Financial's cumulative gross losses and impairments changed year-over-year?
OceanFirst Financial's cumulative gross losses and impairments decreased by 24.2% year-over-year, from $81.61M to $61.87M.
What is the long-term trend for OceanFirst Financial's cumulative gross losses and impairments?
Over 5 years (2020 to 2025), OceanFirst Financial's cumulative gross losses and impairments has grown at a 78.9% compound annual growth rate (CAGR), from $3.23M to $59.07M.
What does cumulative gross losses and impairments mean?
This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.