OCFC Oceanfirst Financial Corp

Price (delayed)

$22.12

Market cap

$1.33B

P/E Ratio

17.42

Dividend/share

$0.68

EPS

$1.27

Enterprise value

$544.51M

Highlights
OCFC's debt has dropped by 64% year-on-year
OCFC's revenue is up by 11% YoY and by 3.6% from the previous quarter
OCFC's net income is up by 26% QoQ but it is down by 5% YoY
The EPS has grown by 25% from the previous quarter but it has contracted by 22% YoY

Key stats

What are the main financial stats of OCFC
Market
Shares outstanding
60.33M
Market cap
$1.33B
Enterprise value
$544.51M
Valuations
Price to earnings (P/E)
17.42
Price to book (P/B)
0.88
Price to sales (P/S)
3.9
EV/EBIT
5.24
EV/EBITDA
4.61
EV/Sales
1.61
Earnings
Revenue
$339.16M
EBIT
$103.84M
EBITDA
$118.24M
Free cash flow
$87.57M
Per share
EPS
$1.27
Free cash flow per share
$1.46
Book value per share
$25.01
Revenue per share
$5.67
TBVPS
$184.74
Balance sheet
Total assets
$11.58B
Total liabilities
$10.08B
Debt
$383.62M
Equity
$1.5B
Working capital
N/A
Liquidity
Debt to equity
0.26
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-6.68
Margins
EBITDA margin
34.9%
Gross margin
100%
Net margin
23.4%
Operating margin
34.8%
Efficiency
Return on assets
0.7%
Return on equity
5.2%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
30.6%
Dividend
Dividend yield
3.07%
DPS
$0.68
Payout ratio
53.5%

OCFC stock price

How has the Oceanfirst Financial stock price performed over time
Intraday
0.87%
1 week
0.18%
1 month
-1.95%
1 year
26.18%
YTD
18.73%
QTD
-7.6%

Financial performance

How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$339.16M
Gross profit
$339.16M
Operating income
$118.1M
Net income
$79.47M
Gross margin
100%
Net margin
23.4%
OCFC's net income is up by 26% QoQ but it is down by 5% YoY
OCFC's operating income is up by 24% since the previous quarter and by 16% year-on-year
OCFC's net margin is up by 21% since the previous quarter but it is down by 15% year-on-year
The operating margin is up by 20% since the previous quarter and by 4.8% year-on-year

Growth

What is Oceanfirst Financial's growth rate over time

Valuation

What is Oceanfirst Financial stock price valuation
P/E
17.42
P/B
0.88
P/S
3.9
EV/EBIT
5.24
EV/EBITDA
4.61
EV/Sales
1.61
The EPS has grown by 25% from the previous quarter but it has contracted by 22% YoY
The P/E is 11% higher than the last 4 quarters average of 15.7 but 6% lower than the 5-year quarterly average of 18.5
The stock's price to book (P/B) is 20% less than its 5-year quarterly average of 1.1 but 10% more than its last 4 quarters average of 0.8
Oceanfirst Financial's equity has increased by 6% YoY
OCFC's revenue is up by 11% YoY and by 3.6% from the previous quarter
The stock's price to sales (P/S) is 11% more than its last 4 quarters average of 3.5 but 11% less than its 5-year quarterly average of 4.4

Efficiency

How efficient is Oceanfirst Financial business performance
OCFC's return on assets is up by 40% since the previous quarter but it is down by 30% year-on-year
OCFC's return on equity is down by 25% year-on-year but it is up by 24% since the previous quarter
OCFC's ROIC is up by 25% QoQ but it is down by 9% YoY
The ROS has grown by 24% from the previous quarter but it has contracted by 8% YoY

Dividends

What is OCFC's dividend history
DPS
$0.68
Dividend yield
3.07%
Payout ratio
53.5%
Recent dividends

Financial health

How did Oceanfirst Financial financials performed over time
The total assets is 15% more than the total liabilities
The total liabilities is up by 11% year-on-year
The total assets has grown by 10% YoY
OCFC's debt is 74% smaller than its equity
Oceanfirst Financial's debt to equity has plunged by 65% YoY
OCFC's debt has dropped by 64% year-on-year

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