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OceanFirst Financial OCFC Amortization of capitalized software and acquired intangible assets

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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$1.91B+102%
Enterprise value$4B+101%
P/E39.9×+29.1×
P/S4.3×+1.9×

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:AmortizationOfIntangibleAssets.

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
Data processing7,6556,80814,70713,455
Check card processing1,0971,1562,1952,326
Professional fees3,4054,3366,6276,761
Amortization of intangibles2,5869063,4341,846
Merger related expenses42,76546,915
Restructuring (release) charges(71)57
Other operating expenses7,7527,26414,24213,127
Total operating expenses129,85971,474203,262135,768

Item 4. Controls and Procedures

FAQ

What is OceanFirst Financial's amortization of capitalized software and acquired intangible assets?
OceanFirst Financial (OCFC) reported amortization of capitalized software and acquired intangible assets of $2.59M in Q2 2026.
How has OceanFirst Financial's amortization of capitalized software and acquired intangible assets changed year-over-year?
OceanFirst Financial's amortization of capitalized software and acquired intangible assets increased by 185.4% year-over-year, from $906K to $2.59M.
What is the long-term trend for OceanFirst Financial's amortization of capitalized software and acquired intangible assets?
Over 3 years (2022 to 2025), OceanFirst Financial's amortization of capitalized software and acquired intangible assets has grown at a -8.3% compound annual growth rate (CAGR), from $4.72M to $3.63M.
What does amortization of capitalized software and acquired intangible assets mean?
Amortization of capitalized software and acquired intangible assets

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