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OceanFirst Financial OCFC Operating Lease Liability - Undiscounted Excess Amount

Operating Lease Liability - Undiscounted Excess Amount at other companies

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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:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

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
For the Year Ending December 31,Finance LeaseOperating Leases
202735014,759
202835013,707
202920912,377
20308,366
Thereafter25,632
Total1,08482,315
Less: Imputed interest(87)(11,248)
Total lease liabilities$997$71,067

Item 4. Controls and Procedures

FAQ

What is OceanFirst Financial's operating lease liability - undiscounted excess amount?
OceanFirst Financial (OCFC) reported operating lease liability - undiscounted excess amount of $11.25M in Q2 2026.
How has OceanFirst Financial's operating lease liability - undiscounted excess amount changed year-over-year?
OceanFirst Financial's operating lease liability - undiscounted excess amount increased by 522.8% year-over-year, from $1.81M to $11.25M.
What is the long-term trend for OceanFirst Financial's operating lease liability - undiscounted excess amount?
Over 5 years (2020 to 2025), OceanFirst Financial's operating lease liability - undiscounted excess amount has grown at a -7.7% compound annual growth rate (CAGR), from $3.33M to $2.23M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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