OceanFirst Financial Corp. company logo
OceanFirst Financial Corp. logo

OceanFirst Financial Corp. (OCFC) Interest Expense

Annual Interest Expense

$282.23M$25.91M-8.41%

Summary

Current Value
As of today, OCFC annual interest expense is $282.23M, down -8.41% on
Historical Performance
OCFC annual interest expense is up +425.59% over the past 3 years, and up +323.41% over the past 5 years
All-Time High Comparison
OCFC annual interest expense is currently -8.41% below its historical high of $308.14M set on
3-Year Low Comparison
OCFC annual interest expense is +425.59% above its 3-year low of $53.70M reached on an earlier date
Sector Comparison
OCFC annual interest expense is higher than 86.83% of companies in Financial Services sector

Interest Expense Chart

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Performance

OCFC Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$282.23M-8.4%+425.6%+323.4%+1063.7%
Quarterly Interest Expense$76.45M+0.2%+221.4%+419.7%+1200.9%
TTM Interest Expense$282.23M-8.4%+425.6%+323.4%+1063.7%
Price$18.35-2.1%-21.4%+0.4%+33.8%
Annual Interest Coverage Ratio1.33-6.3%-71.2%-40.1%-41.4%
Annual EBIT$374.75M-14.6%+51.3%+153.7%+581.0%
Annual Total Debt$1.71B+26.6%+14.1%+341.1%+373.6%
Annual Revenue$683.51M-0.7%+41.8%+56.3%+485.8%

Interest Expense Highs

OCFC Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$308.14M-8.4%
5Y$308.14M-8.4%
All$308.14M-8.4%

Interest Expense Lows

OCFC Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$53.70MN/A+425.6%
5Y$36.75M+667.9%
All$7.51M+3660.6%

Interest Expense History

YearValueChange
$282.23M-8.4%
$308.14M+29.3%
$238.24M+343.7%
$53.70M+46.1%
$36.75M-44.9%
$66.66M+26.2%
$52.82M+46.1%
$36.15M+84.3%
$19.61M+49.0%
$13.16M+45.7%
$9.03M+20.4%
$7.51M-22.1%
$9.63M-31.7%
$14.10M-21.9%
$18.06M-25.5%
YearValueChange
$24.25M-20.2%
$30.40M-33.0%
$45.38M-26.9%
$62.04M+6.2%
$58.44M+39.6%
$41.87M+19.9%
$34.93M-5.3%
$36.89M-22.5%
$47.62M-24.6%
$63.15M-4.9%
$66.41M+12.9%
$58.81M-4.2%
$61.40M+10.4%
$55.61M+26.8%
$43.86M-

FAQ

  • What is the current annual interest expense of OCFC?

    As of today, OCFC annual interest expense is $282.23M

  • What is 1-year change in OCFC annual interest expense?

    OCFC annual interest expense is down -8.41% year-over-year

  • What is 3-year change in OCFC annual interest expense?

    OCFC annual interest expense is up +425.59% over the past 3 years

  • How far is OCFC annual interest expense from its all-time high?

    OCFC annual interest expense is currently -8.41% below its historical high of $308.14M set on December 31, 2024

  • How does OCFC annual interest expense rank versus sector peers?

    OCFC annual interest expense is higher than 86.83% of companies in Financial Services sector

  • When is OCFC next annual earnings release?

    As of today, the next annual earnings release for OCFC has not been scheduled

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. OCFC Official Website www.oceanfirst.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1004702/000119312525335646/0001193125-25-335646-index.htm
  3. OCFC Profile on Yahoo Finance finance.yahoo.com/quote/OCFC
  4. OCFC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ocfc