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OceanFirst Financial OCFC Occupancy and equipment

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Other financials

Income statement

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Revenue$131.3M+32.2%
Net income-$3.0M-116%
EPS (diluted)-$0.04-114%

Balance sheet

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Cash & equivalents$274.1M+60.6%
Total debt$2.4B+94.0%
Total equity$2.4B+46.8%
Total assets$23.3B+74.6%

Cash flow

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Operating cash flow$36.0M+26.1%
CapEx$2.6M+85.1%
Free cash flow$33.5M+23.1%

Valuation

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Market cap$1.84B+94.4%
Enterprise value$3.92B+97.1%
P/E38.3×+27.6×
P/S4.2×+1.7×

Profitability

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Net margin10.8%-11.6pp
FCF margin25.5%

Returns & leverage

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Return on equity2.4%-2.9pp
Debt / equity+0.2×

Where this comes from

Reported directly by OceanFirst Financial in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The source filing: OceanFirst Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001004702-26-000120
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Total other income10,59811,73317,34622,986
Operating expenses:
Compensation and employee benefits50,20240,24289,68676,982
Occupancy7,3335,45413,16510,951
Equipment1,1118692,0321,790
Marketing1,8941,5412,8572,649
Federal deposit insurance and regulatory assessments4,1302,8987,3455,881
Data processing7,6556,80814,70713,455

Item 4. Controls and Procedures

FAQ

What is OceanFirst Financial's occupancy and equipment?
OceanFirst Financial (OCFC) reported occupancy and equipment of $7.33M in Q2 2026.
How has OceanFirst Financial's occupancy and equipment changed year-over-year?
OceanFirst Financial's occupancy and equipment increased by 34.5% year-over-year, from $5.45M to $7.33M.
What is the long-term trend for OceanFirst Financial's occupancy and equipment?
Over 4 years (2021 to 2025), OceanFirst Financial's occupancy and equipment has grown at a 2.8% compound annual growth rate (CAGR), from $20.48M to $22.87M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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