- 366$105.3M
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Ocean Bank
Banking · Florida, United States · 668 Employees
Ocean Bank is an independent, state-chartered commercial bank headquartered in Miami, Florida. Chartered in 1982, Ocean Bank operates its branch network throughout Miami-Dade and Broward counties.Read More
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Who is Ocean Bank
Headquarters
780 NW 42nd Ave Ste 10, Miami, Florida, 33126, United States
Phone Number
(305) 569-5000
Website
Revenue
$240.4M
Industry
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Top 10 companies in United States by revenue
Top 10 companies in United States by number of employees
Top 10 companies in United States by total funding amount
Ocean Bank News & Media
Ocean Bank Assets Surpass $6 Billion
MIAMI--(BUSINESS WIRE)--Ocean Bank announced today total assets of $6.1 billion as of June 30, 2023, a record for the Miami-based bank. “Ocean Bank has shown steady, continued growth year after year, with total assets increasing by 60 percent since June 30, 2018,” said Agostinho Alfonso Macedo, president, chairman and CEO of Ocean Bank. Ocean Bank also announced $32.7 million net income for the six months ended June 30, 2023, representing a 36% increase from theSouth Florida Business Journal honors Agostinho Alfonso Macedo with Ultimate CEO Award
MIAMI--(BUSINESS WIRE)-- #Loans--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. The Ultimate CEO honorees include 15 top executives in Miami-Dade, Broward and Palm Beach counties, known as the 'Best in Class' by SFBJ President and Publisher, Melanie Dickinson. This award honors business leadership across banking, real estate, health care, technology, manufacturing, and education induOcean Bank Deposits Grow $231 Million
MIAMI--(BUSINESS WIRE)-- #Loans--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. The Bank reported $5.9 billion in total assets at March 31, 2023, a $69.3 million increase during 2023. Total deposits grew by $230.9 million during 2023, reaching $5 billion. Assets under management at the Bank’s broker dealer, Ocean Financial Services, LLC, were $547.0Ocean Bank 2022 Net Income Grows 20 Percent
MIAMI--(BUSINESS WIRE)-- #Loans--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 total assets exceeding $5.9 billion on December 31, 2022, representing a $600 million increase during 2022. Additionally, assets under management at the Bank’s broker dealer, Ocean Financial Services, LLC, were $500 million on December 31, 2022, representing a 15% increase during 2022. Ag
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Frequently Asked Questions regarding Ocean Bank
Ocean Bank is an independent, state-chartered commercial bank headquartered in Miami, Florida. Chartered in 1982, Ocean Bank operates its branch network throughout Miami-Dade and Broward counties.... Read More