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OCFCP.PFD (OceanFirst Financial) Unearned Income : $10.51 Mil (As of Sep. 2024)


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What is OceanFirst Financial Unearned Income?

OceanFirst Financial's Unearned Income for the quarter that ended in Sep. 2024 was $10.51 Mil.

OceanFirst Financial's quarterly Unearned Income increased from Mar. 2024 ($9.73 Mil) to Jun. 2024 ($10.63 Mil) but then declined from Jun. 2024 ($10.63 Mil) to Sep. 2024 ($10.51 Mil).

OceanFirst Financial's annual Unearned Income declined from Dec. 2021 ($9.33 Mil) to Dec. 2022 ($7.49 Mil) but then increased from Dec. 2022 ($7.49 Mil) to Dec. 2023 ($9.26 Mil).


OceanFirst Financial Unearned Income Historical Data

The historical data trend for OceanFirst Financial's Unearned Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OceanFirst Financial Unearned Income Chart

OceanFirst Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Unearned Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.88 9.49 9.33 7.49 9.26

OceanFirst Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Unearned Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.46 9.26 9.73 10.63 10.51

OceanFirst Financial Unearned Income Calculation

Unearned Income is the income received but not yet earned, it represents the unearned amount that is netted against the total loan.


OceanFirst Financial Unearned Income Related Terms

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OceanFirst Financial Business Description

Traded in Other Exchanges
Address
110 West Front Street, Red Bank, NJ, USA, 07701
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management services.