OCFC Oceanfirst Financial Corp
- Stocks
- Financial Services
- NASDAQ: OCFC
Price (delayed)
$17.3
Market cap
$992.77M
P/E Ratio
12.27
Dividend/share
$0.8
EPS
$1.41
Enterprise value
$2.04B
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 8% year-on-year but it is up by 2.9% since the previous quarter
The EPS has contracted by 15% YoY and by 8% from the previous quarter
OCFC's net income is down by 14% YoY and by 6% QoQ
Key stats
What are the main financial stats of OCFC
Market
Valuations
Earnings
Shares outstanding
57.39M
Market cap
$992.77M
Enterprise value
$2.04B
Price to earnings (P/E)
12.27
Price to book (P/B)
0.61
Price to sales (P/S)
2.65
EV/EBIT
18.09
EV/EBITDA
16.12
EV/Sales
5.4
Revenue
$377.38M
Gross profit
$377.38M
Operating income
$113.02M
Net income
$87.58M
EBIT
$112.71M
EBITDA
$126.52M
Free cash flow
$43.27M
Per share
Balance sheet
Liquidity
EPS
$1.41
EPS diluted
$1.41
Free cash flow per share
$0.75
Book value per share
$28.14
Revenue per share
$6.54
TBVPS
$221.58
Total assets
$13.33B
Total liabilities
$11.68B
Debt
$1.22B
Equity
$1.64B
Working capital
N/A
Debt to equity
0.74
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
8.27
Margins
Efficiency
Dividend
EBITDA margin
33.5%
Gross margin
100%
Net margin
23.2%
Operating margin
29.9%
Return on assets
0.6%
Return on equity
4.8%
Return on invested capital
0.8%
Return on capital employed
N/A
Return on sales
29.9%
Dividend yield
4.62%
DPS
$0.8
Payout ratio
56.7%
OCFC stock price
How has the Oceanfirst Financial stock price performed over time
Intraday
5.1%
1 week
4.98%
1 month
-6.69%
1 year
11.25%
YTD
-4.42%
QTD
-1.76%
Financial performance
How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$377.38M
Gross profit
$377.38M
Operating income
$113.02M
Net income
$87.58M
Gross margin
100%
Net margin
23.2%
OCFC's operating income is down by 16% year-on-year and by 6% since the previous quarter
The operating margin has declined by 16% year-on-year and by 7% since the previous quarter
OCFC's net margin is down by 14% year-on-year and by 7% since the previous quarter
OCFC's net income is down by 14% YoY and by 6% QoQ
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
12.27
P/B
0.61
P/S
2.65
EV/EBIT
18.09
EV/EBITDA
16.12
EV/Sales
5.4
The EPS has contracted by 15% YoY and by 8% from the previous quarter
The P/E is 9% higher than the 5-year quarterly average of 11.3 and 9% higher than the last 4 quarters average of 11.3
The stock's price to book (P/B) is 13% less than its 5-year quarterly average of 0.7
Oceanfirst Financial's equity has decreased by 3.8% from the previous quarter
The stock's price to sales (P/S) is 9% less than its 5-year quarterly average of 2.9
Efficiency
How efficient is Oceanfirst Financial business performance
OCFC's ROIC is down by 20% YoY and by 11% QoQ
OCFC's return on equity is down by 19% year-on-year and by 8% since the previous quarter
The ROS has contracted by 16% YoY and by 7% from the previous quarter
OCFC's return on assets is down by 14% since the previous quarter and by 14% year-on-year
Dividends
What is OCFC's dividend history
DPS
$0.8
Dividend yield
4.62%
Payout ratio
56.7%
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 14% more than the total liabilities
OCFC's debt is 26% smaller than its equity
OCFC's debt is down by 8% year-on-year but it is up by 2.9% since the previous quarter
Oceanfirst Financial's debt to equity has increased by 7% from the previous quarter but it has decreased by 6% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.