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OCFC Oceanfirst Financial Corp
- Stocks
- Financial Services
- NASDAQ: OCFC
Price (delayed)
$16.97
Market cap
$990.77M
P/E Ratio
11.09
Dividend/share
$0.8
EPS
$1.53
Enterprise value
$2.01B
OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $10.2 billion regional bank operating throughout New Jersey, metropolitan Philadelphia and metropolitan New York City. OceanFirst Bank delivers
Highlights
OCFC's debt is down by 13% since the previous quarter
Oceanfirst Financial's equity has increased by 2.6% YoY
OCFC's net income is down by 11% YoY and by 7% QoQ
The EPS has contracted by 11% YoY and by 7% from the previous quarter
Key stats
What are the main financial stats of OCFC
Market
Valuations
Earnings
Shares outstanding
58.38M
Market cap
$990.77M
Enterprise value
$2.01B
Price to earnings (P/E)
11.09
Price to book (P/B)
0.58
Price to sales (P/S)
2.66
EV/EBIT
16.84
EV/EBITDA
15.07
EV/Sales
5.41
Revenue
$371.18M
Gross profit
$371.18M
Operating income
$119.68M
Net income
$92.91M
EBIT
$119.34M
EBITDA
$133.35M
Free cash flow
$38.98M
Per share
Balance sheet
Liquidity
EPS
$1.53
EPS diluted
$1.53
Free cash flow per share
$0.67
Book value per share
$29.17
Revenue per share
$6.39
TBVPS
$219.86
Total assets
$13.31B
Total liabilities
$11.6B
Debt
$1.18B
Equity
$1.71B
Working capital
N/A
Debt to equity
0.69
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
7.64
Margins
Efficiency
Dividend
EBITDA margin
35.9%
Gross margin
100%
Net margin
25%
Operating margin
32.2%
Return on assets
0.7%
Return on equity
5.2%
Return on invested capital
0.9%
Return on capital employed
N/A
Return on sales
32.2%
Dividend yield
4.71%
DPS
$0.8
Payout ratio
52.3%
OCFC stock price
How has the Oceanfirst Financial stock price performed over time
Intraday
-1.39%
1 week
3.1%
1 month
12.61%
1 year
9.84%
YTD
-6.24%
QTD
-0.24%
Financial performance
How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$371.18M
Gross profit
$371.18M
Operating income
$119.68M
Net income
$92.91M
Gross margin
100%
Net margin
25%
OCFC's operating income is down by 14% year-on-year and by 8% since the previous quarter
OCFC's net income is down by 11% YoY and by 7% QoQ
The operating margin has declined by 11% year-on-year and by 7% since the previous quarter
OCFC's net margin is down by 8% year-on-year and by 6% since the previous quarter
Price vs fundamentals
How does OCFC's price correlate with its fundamentals
Growth
What is Oceanfirst Financial's growth rate over time
Valuation
What is Oceanfirst Financial stock price valuation
P/E
11.09
P/B
0.58
P/S
2.66
EV/EBIT
16.84
EV/EBITDA
15.07
EV/Sales
5.41
The EPS has contracted by 11% YoY and by 7% from the previous quarter
The P/E is 6% higher than the last 4 quarters average of 10.6
The stock's price to book (P/B) is 16% less than its 5-year quarterly average of 0.7
Oceanfirst Financial's equity has increased by 2.6% YoY
The stock's price to sales (P/S) is 7% less than its 5-year quarterly average of 2.9
OCFC's revenue is down by 3.8% YoY
Efficiency
How efficient is Oceanfirst Financial business performance
OCFC's return on equity is down by 15% year-on-year and by 9% since the previous quarter
The ROS has contracted by 11% YoY and by 7% from the previous quarter
OCFC's ROIC is down by 10% YoY
Dividends
What is OCFC's dividend history
DPS
$0.8
Dividend yield
4.71%
Payout ratio
52.3%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Oceanfirst Financial financials performed over time
The total assets is 15% more than the total liabilities
OCFC's debt is 31% smaller than its equity
Oceanfirst Financial's debt to equity has decreased by 14% from the previous quarter and by 2.8% YoY
OCFC's debt is down by 13% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.