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OceanFirst Financial OCFC Real Estate Owned, Transfer to Real Estate Owned

Real Estate Owned, Transfer to Real Estate Owned at other companies

Heritage Financial logo
Heritage FinancialHFWA
$755K
Bank First Corporation logo
Bank First CorporationBFC
$3.99M
Business First Bancshares logo
Business First BancsharesBFST
$8.63M
Parke Bancorp logo
Parke BancorpPKBK
$362K
Home Federal Bancorp logo
Home Federal BancorpHFBL
$15K-98.3%

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:TransferToOtherRealEstate.

The source filing: OceanFirst Financial’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001004702-26-000120

FAQ

What is OceanFirst Financial's real estate owned, transfer to real estate owned?
OceanFirst Financial (OCFC) reported real estate owned, transfer to real estate owned of $3.4M in Q2 2026.
How has OceanFirst Financial's real estate owned, transfer to real estate owned changed year-over-year?
OceanFirst Financial's real estate owned, transfer to real estate owned decreased by 46.7% year-over-year, from $6.38M to $3.4M.
What does real estate owned, transfer to real estate owned mean?
This represents the value of loans receivable transferred to other real estate owned (OREO) following foreclosure or deed-in-lieu of foreclosure. It measures the volume of non-performing loans that have transitioned into physical property assets, highlighting potential credit stress in the loan portfolio.

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