OCFC Oceanfirst Financial Corp
Price (delayed)
$15.73
Market cap
$921.1M
P/E Ratio
9.53
Dividend/share
$0.8
EPS
$1.65
Enterprise value
$2.15B
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
The P/E is 15% lower than the 5-year quarterly average of 11.3 and 6% lower than the last 4 quarters average of 10.2
Oceanfirst Financial's equity has increased by 2.4% YoY
OCFC's debt is up by 19% year-on-year but it is down by 4.7% since the previous quarter
The EPS has contracted by 6% from the previous quarter and by 2.9% YoY
OCFC's net income is down by 5% QoQ and by 3.8% YoY
Key stats
What are the main financial stats of OCFC
Market
Valuations
Earnings
Shares outstanding
58.56M
Market cap
$921.1M
Enterprise value
$2.15B
Price to earnings (P/E)
9.53
Price to book (P/B)
0.54
Price to sales (P/S)
2.44
EV/EBIT
16.51
EV/EBITDA
14.88
EV/Sales
5.71
Revenue
$376.53M
Gross profit
$376.53M
Operating income
$130.66M
Net income
$100.07M
EBIT
$130.33M
EBITDA
$144.57M
Free cash flow
$88.06M
Per share
Balance sheet
Liquidity
EPS
$1.65
EPS diluted
$1.65
Free cash flow per share
$1.51
Book value per share
$29.11
Revenue per share
$6.46
TBVPS
$221.03
Total assets
$13.42B
Total liabilities
$11.72B
Debt
$1.35B
Equity
$1.7B
Working capital
N/A
Debt to equity
0.8
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
8.51
Margins
Efficiency
Dividend
EBITDA margin
38.4%
Gross margin
100%
Net margin
26.6%
Operating margin
34.7%
Return on assets
0.7%
Return on equity
5.7%
Return on invested capital
0.9%
Return on capital employed
N/A
Return on sales
34.6%
Dividend yield
5.09%
DPS
$0.8
Payout ratio
48.5%
OCFC stock price
How has the Oceanfirst Financial stock price performed over time
Intraday
-0.13%
1 week
2.88%
1 month
-7.69%
1 year
3.62%
YTD
-13.09%
QTD
-7.52%
Financial performance
How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$376.53M
Gross profit
$376.53M
Operating income
$130.66M
Net income
$100.07M
Gross margin
100%
Net margin
26.6%
OCFC's operating income is down by 7% since the previous quarter and by 4.5% year-on-year
The operating margin has declined by 5% since the previous quarter and by 2.3% year-on-year
OCFC's net income is down by 5% QoQ and by 3.8% YoY
OCFC's net margin is down by 4.3% since the previous quarter
Growth
What is Oceanfirst Financial's growth rate over time
Valuation
What is Oceanfirst Financial stock price valuation
P/E
9.53
P/B
0.54
P/S
2.44
EV/EBIT
16.51
EV/EBITDA
14.88
EV/Sales
5.71
The P/E is 15% lower than the 5-year quarterly average of 11.3 and 6% lower than the last 4 quarters average of 10.2
The EPS has contracted by 6% from the previous quarter and by 2.9% YoY
The stock's price to book (P/B) is 23% less than its 5-year quarterly average of 0.7 and 10% less than its last 4 quarters average of 0.6
Oceanfirst Financial's equity has increased by 2.4% YoY
The stock's price to sales (P/S) is 19% less than its 5-year quarterly average of 3.0 and 10% less than its last 4 quarters average of 2.7
OCFC's revenue is down by 2.4% YoY
Efficiency
How efficient is Oceanfirst Financial business performance
OCFC's return on assets is down by 13% since the previous quarter
OCFC's ROIC is down by 10% QoQ and by 10% YoY
OCFC's return on equity is down by 7% since the previous quarter and by 7% year-on-year
The ROS has contracted by 5% from the previous quarter and by 2.5% YoY
Dividends
What is OCFC's dividend history
DPS
$0.8
Dividend yield
5.09%
Payout ratio
48.5%
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 20% smaller than its equity
OCFC's debt is up by 19% year-on-year but it is down by 4.7% since the previous quarter
Oceanfirst Financial's debt to equity has increased by 16% YoY but it has decreased by 4.8% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.