OCEANFIRST FINANCIAL CORP Earnings Per Share Disclosure
| December 31, | ||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||
| Weighted average shares outstanding | 57,833 | 58,704 | 59,399 | |||||||||||||||||
Less: Unallocated ESOP shares | (99) | (164) | (257) | |||||||||||||||||
| Unallocated incentive award shares | (315) | (244) | (194) | |||||||||||||||||
| Average basic shares outstanding | 57,419 | 58,296 | 58,948 | |||||||||||||||||
| Add: Effect of dilutive securities: | ||||||||||||||||||||
| Incentive awards | 6 | 1 | 9 | |||||||||||||||||
| Average diluted shares outstanding | 57,425 | 58,297 | 58,957 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 28, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Feb 28, 2020 | |
| 2017 | Feb 28, 2018 | |
| 2016 | Mar 15, 2017 | |
| 2015 | Mar 15, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.