Financial Statements

OceanFirst Financial Corp. (OCFC)


-0.15 (-0.77%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 378359305271-
Net Income 11063897242
Stock Dividends -2-1-1-8248
Dividend Paid -45-43-34-30-19
Retained Earnings 442378359305271

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 107103111102-
Annual Depreciation 6119-321150
Capital Expenditure -42-15-5-11-49
Net PPE 126107103111102

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -151338375500
New Purchases -195-40-65-203-1,044
Intangible and Goodwill 151338375500500

OceanFirst Financial Corp. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes OceanFirst Financial Corp. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.