What is OceanFirst Financial's advances from borrowers?

OceanFirst Financial (OCFC) reported advances from borrowers of $4.61M in Q1 2026.

How has OceanFirst Financial's advances from borrowers changed year-over-year?

OceanFirst Financial's advances from borrowers decreased by 20.0% year-over-year, from $5.76M to $4.61M.

What does advances from borrowers mean?

Changes in cash held on behalf of borrowers for the payment of taxes and insurance premiums related to mortgage loans. This reflects the movement in escrow account balances which can impact short-term operating cash flow.

OceanFirst Financial OCFC Advances from borrowers

Advances from borrowers at other companies

WaFd, Inc.WAFD

-$39.16M+4.8%

Columbia Financial, Inc.CLBK

$2.12M+16.2%

NB Bancorp, Inc.NBBK

-$335K-294%

Capitol Federal FinancialCFFN

-$36.89M-3.3%

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 us-gaap:IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance.

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 advances from borrowers?: OceanFirst Financial (OCFC) reported advances from borrowers of $4.61M in Q1 2026.
How has OceanFirst Financial's advances from borrowers changed year-over-year?: OceanFirst Financial's advances from borrowers decreased by 20.0% year-over-year, from $5.76M to $4.61M.
What does advances from borrowers mean?: Changes in cash held on behalf of borrowers for the payment of taxes and insurance premiums related to mortgage loans. This reflects the movement in escrow account balances which can impact short-term operating cash flow.