OCFC Oceanfirst Financial Corp

Price (delayed)

$18.19

Market cap

$1.07B

P/E Ratio

10.64

Dividend/share

$0.8

EPS

$1.71

Enterprise value

$2.12B

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
Oceanfirst Financial's equity has increased by 3.5% YoY
The P/E is 28% higher than the last 4 quarters average of 8.3 but 8% lower than the 5-year quarterly average of 11.6
OCFC's debt is down by 28% year-on-year but it is up by 3.4% since the previous quarter
The EPS has contracted by 31% YoY
OCFC's net income is down by 30% YoY

Key stats

What are the main financial stats of OCFC
Market
Shares outstanding
58.71M
Market cap
$1.07B
Enterprise value
$2.12B
Valuations
Price to book (P/B)
0.64
Price to sales (P/S)
2.77
EV/EBIT
15.17
EV/EBITDA
13.62
EV/Sales
5.49
Earnings
Revenue
$385.73M
EBIT
$139.5M
EBITDA
$155.4M
Free cash flow
$139.76M
Per share
EPS
$1.71
Free cash flow per share
$2.38
Book value per share
$28.24
Revenue per share
$6.56
TBVPS
$219.5
Balance sheet
Total assets
$13.42B
Total liabilities
$11.75B
Debt
$1.18B
Equity
$1.67B
Working capital
N/A
Liquidity
Debt to equity
0.71
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.75
Margins
EBITDA margin
40.3%
Gross margin
100%
Net margin
27.2%
Operating margin
36.2%
Efficiency
Return on assets
0.7%
Return on equity
6.1%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
36.2%
Dividend
Dividend yield
4.4%
DPS
$0.8
Payout ratio
46.8%

OCFC stock price

How has the Oceanfirst Financial stock price performed over time
Intraday
4.12%
1 week
-0.44%
1 month
22.99%
1 year
4.72%
YTD
4.78%
QTD
14.47%

Financial performance

How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$385.73M
Gross profit
$385.73M
Operating income
$139.46M
Net income
$104.81M
Gross margin
100%
Net margin
27.2%
OCFC's net income is down by 30% YoY
OCFC's operating income is down by 29% year-on-year
The operating margin has declined by 20% year-on-year
OCFC's net margin is down by 20% year-on-year

Growth

What is Oceanfirst Financial's growth rate over time

Valuation

What is Oceanfirst Financial stock price valuation
P/E
10.64
P/B
0.64
P/S
2.77
EV/EBIT
15.17
EV/EBITDA
13.62
EV/Sales
5.49
The EPS has contracted by 31% YoY
The P/E is 28% higher than the last 4 quarters average of 8.3 but 8% lower than the 5-year quarterly average of 11.6
The stock's price to book (P/B) is 20% less than its 5-year quarterly average of 0.8 but 7% more than its last 4 quarters average of 0.6
Oceanfirst Financial's equity has increased by 3.5% YoY
The stock's price to sales (P/S) is 20% more than its last 4 quarters average of 2.3 but 11% less than its 5-year quarterly average of 3.1
OCFC's revenue is down by 11% YoY

Efficiency

How efficient is Oceanfirst Financial business performance
OCFC's return on assets is down by 36% year-on-year
OCFC's return on equity is down by 34% year-on-year
OCFC's ROIC is down by 33% YoY
The ROS has contracted by 20% YoY

Dividends

What is OCFC's dividend history
DPS
$0.8
Dividend yield
4.4%
Payout ratio
46.8%
Recent dividends

Financial health

How did Oceanfirst Financial financials performed over time
The total assets is 14% more than the total liabilities
OCFC's debt is 29% smaller than its equity
Oceanfirst Financial's debt to equity has decreased by 30% YoY but it has increased by 2.9% from the previous quarter
OCFC's debt is down by 28% year-on-year but it is up by 3.4% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.