OCFC Oceanfirst Financial Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: OCFC

Price (delayed)

$17.81

Market cap

$1.03B

P/E Ratio

15.22

Dividend/share

$0.8

EPS

$1.17

Enterprise value

$2.42B

?
Relative Growth: Rel. Growth: 35
Relative Strength: Rel. Strength: 39
Relative Valuation: Rel. Valuation: 56
Relative Profitability: Rel. Profitability: 60

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 gross profit is up by 7% year-on-year and by 2% since the previous quarter
OCFC's revenue is up by 7% YoY and by 2% from the previous quarter
OCFC's debt is up by 29% year-on-year but it is down by 12% since the previous quarter
The P/E is 35% higher than the 5-year quarterly average of 11.0 and 4.4% higher than the last 4 quarters average of 14.2
OCFC's net income is down by 25% YoY
Sector: Financial Services
Industry: Banks - Regional
Website: http://oceanfirst.com
Peers: KRNY PFS NFBK

Key stats

What are the main financial stats of OCFC

OCFC stock price

How has the Oceanfirst Financial stock price performed over time
Intraday
2.65%
1 week
-5.27%
1 month
-3.26%
1 year
5.76%
YTD
-0.78%
QTD
-1.27%

Financial performance

How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$396.65M
Gross profit
$396.65M
Operating income
$91.3M
Net income
$69.98M
Gross margin
100%
Net margin
17.6%
OCFC's net margin is down by 30% year-on-year and by 3.8% since the previous quarter
The operating margin has declined by 29% year-on-year and by 3.4% since the previous quarter
OCFC's net income is down by 25% YoY
OCFC's operating income is down by 24% year-on-year

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
OCFC P/E details
P/E
15.22
P/B
0.61
P/S
2.56
EV/EBIT
26.51
EV/EBITDA
22.99
EV/Sales
6.1
The P/E is 35% higher than the 5-year quarterly average of 11.0 and 4.4% higher than the last 4 quarters average of 14.2
The EPS has contracted by 24% YoY
The stock's price to book (P/B) is 14% less than its 5-year quarterly average of 0.7
Oceanfirst Financial's equity has decreased by 2.3% YoY
The stock's price to sales (P/S) is 11% less than its 5-year quarterly average of 2.8 and 3.8% less than its last 4 quarters average of 2.6
OCFC's revenue is up by 7% YoY and by 2% from the previous quarter

Efficiency

How efficient is Oceanfirst Financial business performance
OCFC's ROIC is down by 33% YoY
The ROS has contracted by 29% YoY and by 3.4% from the previous quarter
OCFC's return on assets is down by 29% year-on-year
OCFC's return on equity is down by 21% year-on-year but it is up by 2.5% since the previous quarter

Dividends

What is OCFC's dividend history
Dividend details
DPS
$0.8
Dividend yield
4.49%
Payout ratio
68.4%
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 13% more than the total liabilities
The total liabilities is up by 11% year-on-year
The total assets has grown by 9% YoY
OCFC's debt is 8% smaller than its equity
Oceanfirst Financial's debt to equity has increased by 33% YoY but it has decreased by 12% from the previous quarter
OCFC's debt is up by 29% year-on-year but it is down by 12% since the previous quarter

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