OceanFirst Financial Corp. (OCFC) Balance Sheet
OCFC balance sheet, 2025
December 31, 2025 · U.S. dollars$14.56B assets = $12.90B liabilities + $1.66B equity
Both columns are drawn to the same scale: what OCFC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
OCFC financial health
Descriptive bands, not a rating. Fiscal 2025.
OCFC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.17B2016 | $14.56B2025 | +12.2%/yr | |
| Total liabilities | $4.60B2016 | $12.90B2025 | +12.2%/yr | |
| Shareholders’ equity | $572.0M2016 | $1.66B2025 | +12.6%/yr | |
| Cash & short-term investments | $322.1M2016 | $1.37B2025 | +17.4%/yr | |
| Total debt | $377.0M2016 | $1.63B2025 | +17.7%/yr | |
| Net cash (debt) | −$54.8M2016 | −$267.8M2025 | −$212.9M | |
| Working capital | −$3.92B2016 | −$9.60B2025 | −$5.7B | |
| Book value per share | $24.322016 | $28.952025 | +2.0%/yr | |
| Debt / equity | 0.662016 | 0.982025 | +0.32 | |
| Shares outstanding | 23.5M2016 | 57.4M2025 | +10.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
OCFC assets
OCFC liabilities and equity
OCFC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
OCFC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.37B | $951.1M | $907.6M | $625.6M | $773.2M | $1.46B | $271.5M | $221.5M | $191.2M | $322.1M |
| Cash & equivalents | $135.1M | $123.6M | $153.7M | $167.9M | $204.9M | $1.27B | $120.5M | $120.8M | $109.6M | $301.4M |
| Short-term investments | $1.23B | $827.5M | $753.9M | $457.6M | $568.3M | $183.3M | $151.0M | $100.7M | $81.6M | $20.8M |
| Receivables | $49.0M | $45.9M | $51.9M | $44.7M | $32.6M | $35.3M | $21.7M | $19.7M | $14.3M | $12.0M |
| Inventory | $0 | $0 | −$205.6M | −$215.4M | −$243.9M | −$1.31B | −$146.3M | $1.4M | −$136.1M | −$323.5M |
| Other current assets | $0 | $0 | $205.6M | $215.4M | $243.9M | $1.31B | $146.3M | $0 | $136.1M | $323.5M |
| Total current assets | $1.42B | $997.0M | $959.5M | $670.3M | $805.8M | $1.49B | $293.2M | $241.2M | $205.4M | $334.1M |
| Property, plant & equipment (net) | $112.7M | $115.3M | $121.4M | $126.7M | $125.8M | $107.1M | $102.7M | $111.2M | $101.8M | $71.4M |
| Goodwill & intangible assets | $526.5M | $536.0M | $515.7M | $519.6M | $518.5M | $524.0M | $390.2M | $355.4M | $159.4M | $156.0M |
| Long-term investments | $2.21B | $1.96B | $2.01B | $1.78B | $1.81B | $1.12B | $7.13B | $957.2M | $4.74B | $4.41B |
| Other non-current assets | $10.30B | $9.82B | $9.93B | $10.01B | $8.48B | $8.21B | $332.3M | $5.85B | $211.1M | $192.1M |
| Total assets | $14.56B | $13.42B | $13.54B | $13.10B | $11.74B | $11.45B | $8.25B | $7.52B | $5.42B | $5.17B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $9.68B | $9.73B | $9.43B | $6.33B | $5.81B | $4.34B | $4.19B |
| Short-term debt | $54.4M | $60.6M | $73.1M | $1.28B | $123.5M | $134.5M | $71.7M | $61.8M | $79.7M | $69.9M |
| Total current liabilities | $11.02B | $10.13B | $10.51B | $4.12B | $3.82B | $4.02B | $6.40B | $5.88B | $4.42B | $4.26B |
| Long-term debt | $1.58B | $1.20B | $972.8M | $195.4M | $229.1M | $235.5M | $96.8M | $99.5M | $56.5M | $56.6M |
| Lease obligations | $1.1M | $1.4M | $1.7M | $1.9M | $1.9M | — | — | — | — | — |
| Other long-term liabilities | $303.8M | $394.0M | $395.4M | $11.32B | $0 | $0 | $595.7M | $500.9M | $335.1M | $280.8M |
| Total liabilities | $12.90B | $11.72B | $11.88B | $11.52B | $229.1M | $235.5M | $7.09B | $6.48B | $4.81B | $4.60B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $625,000 | $613,000 | $613,000 | $612,000 | $611,000 | $609,000 | $519,000 | $483,000 | $336,000 | $336,000 |
| Retained earnings (deficit) | $662.6M | $641.7M | $592.5M | $540.5M | $442.3M | $378.3M | $358.7M | $305.1M | $271.0M | $238.2M |
| Treasury stock | — | — | — | — | −$61.7M | −$25.7M | −$36.9M | −$10.8M | −$16.0M | −$22.5M |
| Accumulated other comprehensive income | −$2.2M | −$15.9M | −$20.9M | −$36.0M | −$2.8M | $621,000 | −$1.2M | −$3.5M | −$5.3M | −$5.7M |
| Minority interest | $0 | $1.1M | $782,000 | $802,000 | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.66B | $1.70B | $1.66B | $1.59B | $11.51B | $11.21B | $1.15B | $1.04B | $601.9M | $572.0M |
| Key figures | ||||||||||
| Total debt | $1.63B | $1.26B | $1.05B | $1.48B | $352.6M | $370.0M | $687.8M | $610.7M | $424.9M | $377.0M |
| Net cash (debt) | −$267.8M | −$308.5M | −$140.4M | −$853.1M | $420.6M | $1.09B | −$416.3M | −$389.2M | −$233.7M | −$54.8M |
| Working capital | −$9.60B | −$9.13B | −$9.55B | −$3.45B | −$3.02B | −$2.53B | −$6.11B | −$5.64B | −$4.22B | −$3.92B |
| Tangible book value | $1.14B | $1.17B | $1.15B | $1.07B | $10.99B | $10.69B | $762.9M | $683.9M | $442.6M | $416.1M |
| Book value per share | $28.95 | $29.19 | $28.18 | $26.93 | $192.97 | $186.66 | $22.72 | $21.81 | $18.17 | $24.32 |
| Shares outstanding | 57.4M | 58.3M | 59.0M | 58.9M | 59.6M | 60.1M | 50.7M | 47.7M | 33.1M | 23.5M |
| Current ratio | 0.13 | 0.10 | 0.09 | 0.16 | 0.21 | 0.37 | 0.05 | 0.04 | 0.05 | 0.08 |
| Quick ratio | 0.13 | 0.10 | 0.09 | 0.16 | 0.21 | 0.37 | 0.05 | 0.04 | 0.05 | 0.08 |
| Debt / equity | 0.98 | 0.74 | 0.63 | 0.93 | 0.03 | 0.03 | 0.60 | 0.59 | 0.71 | 0.66 |
| Equity / assets | 11.4% | 12.7% | 12.3% | 12.1% | 98.0% | 97.9% | 14.0% | 13.8% | 11.1% | 11.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.34B | $1.32B | $1.37B | $1.54B | $906.2M | $909.9M | $951.1M | $1.13B | $902.7M | $875.4M | $907.6M | $862.1M |
| Cash & equivalents | $274.1M | $137.0M | $135.1M | $274.1M | $170.6M | $163.7M | $123.6M | $214.2M | $181.2M | $130.4M | $153.7M | $408.9M |
| Short-term investments | $2.07B | $1.18B | $1.23B | $1.26B | $735.6M | $746.2M | $827.5M | $911.8M | $721.5M | $744.9M | $753.9M | $453.2M |
| Receivables | $91.5M | $49.6M | $49.0M | $47.6M | $44.0M | $44.8M | $45.9M | $48.8M | $51.0M | $52.5M | $51.9M | $50.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$11.14B | −$9.83B | −$10.25B | −$205.6M | −$461.9M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.14B | $9.83B | $10.25B | $205.6M | $461.9M |
| Total current assets | $365.6M | $186.6M | $1.42B | $1.58B | $950.2M | $954.7M | $997.0M | $1.17B | $953.7M | $927.9M | $959.5M | $912.1M |
| Property, plant & equipment (net) | $126.6M | $112.1M | $112.7M | $112.4M | $113.5M | $114.6M | $115.3M | $116.1M | $117.4M | $119.2M | $121.4M | $122.6M |
| Goodwill & intangible assets | $620.4M | $525.7M | $526.5M | $533.2M | $534.1M | $535.0M | $536.0M | $513.2M | $514.0M | $514.8M | $515.7M | $516.6M |
| Long-term investments | $5.01B | $2.12B | $2.21B | $2.27B | $1.79B | $1.84B | $1.96B | $2.08B | $1.93B | $1.98B | $2.01B | $1.74B |
| Other non-current assets | $17.15B | $11.61B | $10.30B | $9.82B | $9.94B | $9.87B | $9.82B | $9.60B | $9.81B | $9.88B | $9.93B | $10.21B |
| Total assets | $23.27B | $14.56B | $14.56B | $14.32B | $13.33B | $13.31B | $13.42B | $13.49B | $13.32B | $13.42B | $13.54B | $13.50B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $10.53B |
| Short-term debt | $61.3M | $67.2M | $54.4M | $64.9M | $61.5M | $65.1M | $60.6M | $81.2M | $80.0M | $66.8M | $73.1M | $83.0M |
| Total current liabilities | $61.3M | $67.2M | $11.02B | $10.50B | $10.29B | $10.24B | $10.13B | $10.20B | $10.07B | $10.30B | $10.51B | $10.62B |
| Long-term debt | $2.23B | $1.44B | $1.58B | $1.90B | $1.14B | $1.09B | $1.20B | $1.31B | $1.21B | $1.08B | $972.8M | $802.2M |
| Lease obligations | — | — | $1.1M | — | — | — | $1.4M | — | — | — | $1.7M | — |
| Other long-term liabilities | $18.63B | $11.38B | $303.8M | $266.7M | $253.5M | $269.2M | $394.0M | $284.9M | $357.2M | $365.3M | $395.4M | $441.4M |
| Total liabilities | $20.86B | $12.89B | $12.90B | $12.67B | $11.68B | $11.60B | $11.72B | $11.79B | $11.65B | $11.75B | $11.88B | $11.86B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $31.5M | $629,000 | $625,000 | $625,000 | $625,000 | $625,000 | $613,000 | $613,000 | $613,000 | $613,000 | $613,000 | $613,000 |
| Retained earnings (deficit) | $657.1M | $671.7M | $662.6M | $661.0M | $655.1M | $650.5M | $641.7M | $632.5M | $620.0M | $608.4M | $592.5M | $577.7M |
| Accumulated other comprehensive income | −$3.4M | −$4.6M | −$2.2M | −$8.8M | −$11.4M | −$13.3M | −$15.9M | −$12.2M | −$17.2M | −$19.4M | −$20.9M | −$28.8M |
| Minority interest | — | — | $0 | $890,000 | $834,000 | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.41B | $1.67B | $1.66B | $1.65B | $1.64B | $1.71B | $1.70B | $1.69B | $1.68B | $1.67B | $1.66B | $1.64B |
| Key figures | ||||||||||||
| Total debt | $2.29B | $1.50B | $1.63B | $1.97B | $1.20B | $1.15B | $1.26B | $1.39B | $1.29B | $1.15B | $1.05B | $885.2M |
| Net cash (debt) | $54.8M | −$184.9M | −$267.8M | −$432.9M | −$292.0M | −$244.1M | −$308.5M | −$267.0M | −$391.1M | −$275.6M | −$140.4M | −$23.1M |
| Working capital | $304.2M | $119.3M | −$9.60B | −$8.92B | −$9.34B | −$9.29B | −$9.13B | −$9.02B | −$9.12B | −$9.38B | −$9.55B | −$9.70B |
| Tangible book value | $1.79B | $1.14B | $1.14B | $1.12B | $1.11B | $1.17B | $1.17B | $1.18B | $1.16B | $1.15B | $1.15B | $1.12B |
| Book value per share | $34.33 | $29.26 | $29.19 | $28.97 | $28.38 | $29.40 | $29.31 | $29.17 | $28.72 | $28.32 | $28.10 | $27.69 |
| Shares outstanding | 70.2M | 57.0M | 57.0M | 57.0M | 57.9M | 58.1M | 58.1M | 58.1M | 58.4M | 58.8M | 59.1M | 59.1M |
| Current ratio | 5.96 | 2.77 | 0.13 | 0.15 | 0.09 | 0.09 | 0.10 | 0.12 | 0.09 | 0.09 | 0.09 | 0.09 |
| Quick ratio | 39.67 | 20.34 | 0.13 | 0.15 | 0.09 | 0.09 | 0.10 | 0.12 | 0.09 | 0.09 | 0.09 | 0.09 |
| Debt / equity | 0.95 | 0.90 | 0.98 | 1.19 | 0.73 | 0.68 | 0.74 | 0.82 | 0.77 | 0.69 | 0.63 | 0.54 |
| Equity / assets | 10.4% | 11.5% | 11.4% | 11.5% | 12.3% | 12.8% | 12.7% | 12.6% | 12.6% | 12.4% | 12.3% | 12.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
OCFC financial position
At the end of fiscal 2025 (December 31, 2025), OceanFirst Financial had total assets of $14.6 billion (up 8.5% from a year earlier), total liabilities of $12.9 billion and shareholders' equity of $1.7 billion. It held $1.4 billion in cash and short-term investments against $1.6 billion of debt, net debt of $267.8 million. Its current ratio was 0.13. In the latest quarter (ended June 30, 2026) total assets were $23.3 billion and equity $2.4 billion.
Related: OCFC income statement, OCFC cash flow statement, OCFC key metrics. See the OCFC stock overview for the latest quote and news.
OCFC balance sheet FAQ
What are OceanFirst Financial's total assets?
OceanFirst Financial reported total assets of $14.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $13.4 billion a year earlier.
How much debt does OceanFirst Financial have?
OceanFirst Financial had $1.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.98.
How much cash does OceanFirst Financial have?
OceanFirst Financial held $1.4 billion in cash and short-term investments at the end of fiscal 2025; with $1.6 billion of debt that is net debt of $267.8 million.
What is OceanFirst Financial's book value?
OceanFirst Financial's shareholders' equity (book value) was $1.7 billion at the end of fiscal 2025, or $28.95 per share.
What is OceanFirst Financial's current ratio?
OceanFirst Financial had current assets of $1.4 billion and current liabilities of $11.0 billion, a current ratio of 0.13 (current liabilities exceed current assets).
How much goodwill does OceanFirst Financial have?
OceanFirst Financial carried $526.5 million of goodwill and intangible assets, 3.6% of total assets, at the end of fiscal 2025.