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Oceanfirst Financial Corp (OCFC)

Oceanfirst Financial Corp (OCFC)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 76,313 55,781 27,899 147,357 94,046
Depreciation Amortization 15,549 10,744 5,902 25,319 18,449
Income taxes - deferred -93 -33 -16 1,777 -66
Other Working Capital 35,296 15,915 -20,707 79,233 86,923
Loans 809 -3,457 -1,175 -542 -3,759
Other Operating Activity 23,210 17,312 12,471 -2,694 14,405
Operating Cash Flow $151,084 $96,262 $24,374 $250,450 $209,998
Cash Flows From Investing Activities
Change In Deposits 13,940 51,012 31,253 N/A 25,126
PPE Investments -6,062 -4,717 -2,153 -20,896 -19,147
Net Acquisitions N/A N/A N/A 38,609 38,609
Purchase Of Investment -178,982 -176,572 -131,063 -514,871 -286,763
Sale Of Investment 234,277 138,814 75,590 449,776 409,914
Net Loans -210,412 -163,714 -120,505 -1,285,232 -1,087,228
Other Investing Activity 1,354 558 230 11,606 10,311
Investing Cash Flow $-145,885 $-154,619 $-146,648 $-1,321,008 $-909,178
Cash Flows From Financing Activities
Change In Short Term Borrowing 13,807 5,303 1,814 -49,672 -22,480
Debt Issued -605,110 N/A 135,400 N/A 514,200
Debt Repayment N/A -119,500 N/A 1,176,062 -35,076
Common Stock Issued 593 593 608 424 346
Common Stock Repurchased 0 0 0 -7,396 -7,396
Dividend Paid -38,426 -25,600 -12,759 -47,511 -34,779
Other Financing Activity 5,886 4,033 7,485 -1,184 3,097
Financing Cash Flow $235,697 $348,118 $450,521 $1,013,760 $645,104
Beginning Cash Position 167,986 167,986 167,986 224,784 224,784
End Cash Position 408,882 457,747 496,233 167,986 170,708
Net Cash Flow $240,896 $289,761 $328,247 $-56,798 $-54,076
Free Cash Flow
Operating Cash Flow 151,084 96,262 24,374 250,450 209,998
Capital Expenditure -6,062 -4,717 -2,153 -20,896 -14,358
Free Cash Flow 145,022 91,545 22,221 229,554 195,640
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