Articles from Ocean Bank

Ocean Bank announced today record assets, loans, deposits and shareholder equity for the quarter ended Sept. 30, and increases in net income in both the third quarter and year-to-date.

Ocean Bank announced today total assets reached $7.25 billion at the second quarter ended June 30, an 8 percent increase from year-end 2024 and 13 percent above the second quarter of 2024.

Ocean Bank announced today net income of $15.3 million in the quarter ended March 31, an increase of more than 20 percent over the $12.7 million in the first quarter of 2024.

Ocean Bank announced today record assets, loans, deposits and stockholder’s equity for the year ended Dec. 31, 2024.

Ocean Bank announced today growth of $250 million in total assets for the quarter ended Sept. 30, rising 4 percent to $6.65 billion.

Ocean Bank announced today growth in total assets, loans, deposits and stockholders’ equity in the second quarter of 2024.

Ocean Bank announced today solid increases in net income, capital and total assets at year-end 2023 compared to 2022.

Ocean Bank announced today $17.0 million net income for the quarter ended September 30, 2023, representing a 17% increase from the quarter ended June 30, 2023. Ocean Bank reported year-to-date September 2023 net income of $49.6 million, representing a 17% increase from year-to-date September 2022.

Ocean Bank announced today total assets of $6.1 billion as of June 30, 2023, a record for the Miami-based bank.

Agostinho Alfonso Macedo, President, Chairman and CEO of Ocean Bank, has been named an honoree in the South Florida Business Journal’s 2023 Ultimate CEO Awards.

Ocean Bank announced today $18.1 million net income for the quarter ended March 31, 2023, 33% higher than the fourth quarter 2022 and 56% higher than the first quarter 2022.

Ocean Bank announced today $55.8 million net income for the year ended December 31, 2022, representing a 20% increase from the year ended December 31, 2021.

Ocean Bank announced today $17.2 million net income for the quarter ended September 30, 2022, representing a 61% increase from the quarter ended September 30, 2021 and a 28% increase from the quarter ended June 30, 2022.

Ocean Bank announced today $13.5 million net income for the quarter ended June 30, 2022, representing a 17% increase from the quarter ended March 31, 2022. Ocean Bank reported June 2022 year-to-date net income of $25.1 million, virtually flat to June 2021 year to date.

Ocean Bank announced today net income of $11.6 million for the first quarter ended March 31, a 13% increase from the fourth quarter of 2021, and total assets of $5.4 billion, a $100 million increase during the quarter.

Ocean Bank announced today net income of $46.4 million for the year ended Dec. 31, an increase of 46% over 2020, and total assets of $5.3 billion, an increase of $800 million or 17.8% during the year.

Ocean Bank announced today total assets topped the $5 billion mark at Sept. 30, an increase of $200 million during the third quarter ended Sept. 30.

Ocean Bank announced today net income of $13.9 million for the quarter ended June 30, compared with $11.6 million for the first quarter of 2021 and $3.3 million for the second quarter of 2020. Net income for the first half of 2021 was $25.5 million, compared with $9.2 million for the same period in 2020.