Skip to content
OpenCapital
Get started

OceanFirst Financial OCFC Bank Owned Life Insurance Income, Net

Bank Owned Life Insurance Income, Net at other companies

HOM
Home BancSharesHOMB
$1.37M-25.7%
TFS Financial logo
TFS FinancialTFSL
$2.72M+1.4%
HBT
HBT Financial, Inc.HBT
$188K+14.6%
Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
$2.17M+16.9%
Amerant Bancorp logo
Amerant BancorpAMTB
$2.56M+4.7%
Tompkins Financial logo
Tompkins FinancialTMP
$645K+4.9%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$1.08B+11.8%
Enterprise value$2.46B+24.8%
P/E15.4×+5.0×
P/S2.6×+0.1×

Profitability

See full
Net margin17.1%-7.2pp
FCF margin25.9%—

Returns & leverage

See full
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 ocfc:BankOwnedLifeInsuranceIncomeNet.

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

Ask your AI about OceanFirst Financial's bank owned life insurance income, net.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is OceanFirst Financial's bank owned life insurance income, net?
OceanFirst Financial (OCFC) reported bank owned life insurance income, net of $1.76M in Q1 2026.
How has OceanFirst Financial's bank owned life insurance income, net changed year-over-year?
OceanFirst Financial's bank owned life insurance income, net decreased by 5.2% year-over-year, from $1.85M to $1.76M.
What is the long-term trend for OceanFirst Financial's bank owned life insurance income, net?
Over 2 years (2022 to 2025), OceanFirst Financial's bank owned life insurance income, net has grown at a 5.0% compound annual growth rate (CAGR), from $6.58M to $7.25M.
What does bank owned life insurance income, net mean?
Represents the net increase in the cash surrender value of bank-owned life insurance policies, net of insurance expenses. This serves as a tax-advantaged source of non-interest income for the institution.