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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)
  06-2022 03-2022 12-2021 09-2021 06-2021
Cash Flows From Operating Activities
Net Income 55,242 25,759 110,076 87,419 63,252
Depreciation Amortization 13,678 6,234 25,414 18,389 10,354
Income taxes - deferred -47 -30 3,608 570 -95
Other Working Capital 45,509 23,769 42,347 42,869 87,457
Loans 24 21 48,710 48,057 47,226
Other Operating Activity 11,890 1,891 -70,183 -78,253 -69,392
Operating Cash Flow $126,296 $57,644 $159,972 $119,051 $138,802
Cash Flows From Investing Activities
Change In Deposits N/A 55,518 N/A N/A N/A
PPE Investments -5,645 -7,708 -42,039 -26,493 -12,649
Net Acquisitions 38,609 N/A N/A N/A N/A
Purchase Of Investment -224,465 -96,606 -943,526 -668,212 -526,193
Sale Of Investment 311,494 99,027 357,753 384,019 284,924
Net Loans -795,962 -481,102 -857,578 -422,024 -56,610
Other Investing Activity 2,167 6,186 7,548 6,235 8,776
Investing Cash Flow $-673,802 $-424,685 $-1,477,842 $-726,475 $-301,752
Cash Flows From Financing Activities
Change In Short Term Borrowing -13,274 -987 -9,685 14,838 13,021
Debt Issued 488,750 75,002 N/A N/A N/A
Debt Repayment -35,052 -35,026 -7,612 -7,585 -7,557
Common Stock Issued 251 289 1,946 1,833 1,828
Common Stock Repurchased -7,396 -2,144 -39,259 -30,628 -20,939
Dividend Paid -22,023 -10,997 -44,510 -33,437 -22,333
Other Financing Activity 1,457 3,655 -84,456 3,742 2,810
Financing Cash Flow $511,781 $353,433 $223,993 $296,435 $-44,622
Beginning Cash Position 224,784 224,784 1,318,661 1,318,661 1,318,661
End Cash Position 189,059 211,176 224,784 1,007,672 1,111,089
Net Cash Flow $-35,725 $-13,608 $-1,093,877 $-310,989 $-207,572
Free Cash Flow
Operating Cash Flow 126,296 57,644 159,972 119,051 138,802
Capital Expenditure -11,745 -7,708 -42,039 -26,493 -15,250
Free Cash Flow 114,551 49,936 117,933 92,558 123,552
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