OceanFirst Operating Income from 2010 to 2024

OCFC Stock  USD 20.61  0.07  0.34%   
OceanFirst Financial's Operating Income is increasing over the years with slightly volatile fluctuation. Operating Income is expected to dwindle to about 69.8 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit OceanFirst Financial Corp generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1996-03-31
Previous Quarter
35 M
Current Value
97.8 M
Quarterly Volatility
17.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OceanFirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.2 M, Interest Expense of 250.2 M or Selling General Administrative of 154.3 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0274 or PTB Ratio of 0.59. OceanFirst financial statements analysis is a perfect complement when working with OceanFirst Financial Valuation or Volatility modules.
  
Check out the analysis of OceanFirst Financial Correlation against competitors.

Latest OceanFirst Financial's Operating Income Growth Pattern

Below is the plot of the Operating Income of OceanFirst Financial Corp over the last few years. Operating Income is the amount of profit realized from OceanFirst Financial Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of OceanFirst Financial Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. OceanFirst Financial's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OceanFirst Financial's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

OceanFirst Operating Income Regression Statistics

Arithmetic Mean63,687,685
Coefficient Of Variation118.39
Mean Deviation61,327,264
Median52,610,000
Standard Deviation75,399,689
Sample Variance5685.1T
Range247.7M
R-Value0.71
Mean Square Error3074.8T
R-Squared0.50
Significance0
Slope11,895,250
Total Sum of Squares79591.6T

OceanFirst Operating Income History

202469.8 M
2023136.9 M
2022246.9 M
2021142.2 M
202081 M
2019107.4 M
2018121.7 M

About OceanFirst Financial Financial Statements

OceanFirst Financial stakeholders use historical fundamental indicators, such as OceanFirst Financial's Operating Income, to determine how well the company is positioned to perform in the future. Although OceanFirst Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in OceanFirst Financial's assets and liabilities are reflected in the revenues and expenses on OceanFirst Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OceanFirst Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income136.9 M69.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out the analysis of OceanFirst Financial Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.258
Dividend Share
0.8
Earnings Share
1.75
Revenue Per Share
6.515
Quarterly Revenue Growth
0.054
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.