OceanFirst Financial Corp.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of OceanFirst Financial Corp. generated cash of $124,261,000, which is less than the previous year. Cash used in financing activities reached the amount of $349,468,000 last year. Net change in cash is therefore -$14,268,000.
Cash Flow
| 2014 | 27.58M | -111.37M | 85.95M |
|---|---|---|---|
| 2015 | 28.45M | -95.3M | 74.67M |
| 2016 | 32.80M | 271.7M | -47.08M |
| 2017 | 80.13M | -455.22M | 183.33M |
| 2018 | 92.55M | 48.55M | -128.38M |
| 2019 | 100.24M | -172.12M | 82.77M |
| 2020 | 132.65M | -22.16M | 1.07B |
| 2021 | 159.97M | -1.47B | 223.99M |
| 2022 | 250.45M | -1.32B | 1.01B |
| 2023 | 124.26M | -487.99M | 349.46M |
OCFCP Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 167.98M | 224.78M | 1.31B | 133.22M | 122.32M | 109.61M | 301.37M | 43.94M | 36.11M | 33.95M |
Operating activities | ||||||||||
Net income | 104.02M | 147.35M | 110.07M | 63.30M | 88.57M | 71.93M | 42.47M | 23.04M | 20.32M | 19.92M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 15.71M | 16.47M | 14.88M | 14.73M | 12.43M | 12.61M | 8.42M | 5.56M | 3.60M | 3.93M |
Stock-based compensation expense | 7.92M | 9.14M | 7.61M | 5.39M | 5.43M | 4.65M | 3.1M | 2.16M | 1.90M | 1.49M |
| Deferred income tax benefit | 7.92M | 9.14M | 7.61M | 5.39M | 5.43M | 4.65M | 3.1M | 2.16M | 1.90M | 1.49M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -7.17M | -12.09M | 2.66M | -9.43M | -397K | 186K | -2.26M | -200K | 68K | -126K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 124.26M | 250.45M | 159.97M | 132.65M | 100.24M | 92.55M | 80.13M | 32.80M | 28.45M | 27.58M |
Investing activities | ||||||||||
Purchases Of Investments | -376.13M | -328.61M | -1.04B | -202.83M | -64.75M | -39.71M | -195.31M | -16.02M | -26.32M | -25.55M |
Investments In Property Plant And Equipment | -7.70M | -20.89M | -42.03M | -14.72M | -5.07M | -11.48M | -48.69M | -6.67M | -3.89M | -3.97M |
Acquisitions Net | 0 | 38.60M | -866.45M | 23.46M | 12.44M | -3.74M | -329.92M | 48.69M | 3.70M | -185.55M |
Cash generated by investing activities | -487.99M | -1.32B | -1.47B | -22.16M | -172.12M | 48.55M | -455.22M | 271.7M | -95.3M | -111.37M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 1.94M | 56.77M | 0 | -20.00M | 3.35M | 49.21M | 0 | 213.46M |
Payments for dividends | -51.27M | -47.51M | -44.51M | -42.91M | -34.24M | -29.56M | -19.28M | -12.61M | -8.69M | -8.24M |
Repurchases of common stock | -2.35M | -7.39M | -40.44M | -16.89M | -26.06M | -10.83M | -1.52M | -1.87M | -6.45M | -9.17M |
Repayments of term debt | -358.58M | 1.12B | -7.61M | -201.12M | 79.09M | -67.59M | 47.81M | -84.15M | 15.40M | -110M |
Cash used in financing activities | 349.46M | 1.01B | 223.99M | 1.07B | 82.77M | -128.38M | 183.33M | -47.08M | 74.67M | 85.95M |
Net Change In Cash | -14.26M | -56.79M | -1.09B | 1.18B | 10.89M | 11.17M | -191.76M | 257.42M | 7.82M | 2.15M |
Cash at end of period | 153.71M | 167.98M | 224.78M | 1.31B | 133.22M | 120.79M | 109.61M | 301.37M | 43.94M | 36.11M |
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