Screener
OceanFirst Financial OCFC Loss on redemption of preferred stock
Loss on redemption of preferred stock at other companies
Other financials
Where this comes from
Reported directly by OceanFirst Financial in its filing.
Tagged under the XBRL concept ocfc:PreferredStockRedemptionGainLossNet.
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 item | For the Three Months Ended June 30, 2026 | For the Three Months Ended June 30, 2025 | For the Six Months Ended June 30, 2026 | For the Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Net income (loss) attributable to non-controlling interest | — | 39 | — | (7) |
| Net (loss) income attributable to OceanFirst Financial Corp. | (3,029) | 19,046 | 17,477 | 40,555 |
| Dividends on preferred shares | — | 1,004 | — | 2,008 |
| Loss on redemption of preferred stock | — | 1,842 | — | 1,842 |
| Net (loss) income available to common stockholders | $(3,029) | $16,200 | $17,477 | $36,705 |
| Basic (loss) earnings per share | $(0.04) | $0.28 | $0.27 | $0.63 |
| Diluted (loss) earnings per share | $(0.04) | $0.28 | $0.27 | $0.63 |
| Average basic shares outstanding | 70,239 | 57,738 | 63,630 | 57,889 |
Item 4. Controls and Procedures
FAQ
- What is OceanFirst Financial's loss on redemption of preferred stock?
- OceanFirst Financial (OCFC) reported loss on redemption of preferred stock of $0 in Q2 2026.
- How has OceanFirst Financial's loss on redemption of preferred stock changed year-over-year?
- OceanFirst Financial's loss on redemption of preferred stock decreased by 100.0% year-over-year, from $1.84M to $0.
- What does loss on redemption of preferred stock mean?
- This represents the accounting gain or loss recognized when the bank repurchases or redeems its outstanding preferred stock at a price different from its carrying value. It reflects capital management decisions regarding the bank's equity structure and cost of capital. This is a non-operating item that impacts the net income available to common shareholders.
Ask your AI about OceanFirst Financial's loss on redemption of preferred stock.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude