OCFC Oceanfirst Financial Corp

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

Price (delayed)

$19.77

Market cap

$1.91B

P/E Ratio

23.26

Dividend/share

$0.8

EPS

$0.85

Enterprise value

$4.04B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 54

OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $13.3 billion regional bank providing financial services throughout New Jersey and in the major metropolitan areas between Massachusetts ...

Highlights
Oceanfirst Financial's equity has increased by 47% YoY and by 44% from the previous quarter
The gross profit is up by 13% year-on-year and by 8% since the previous quarter
The P/E is 104% higher than the 5-year quarterly average of 11.4 and 38% higher than the last 4 quarters average of 16.8
OCFC's debt has surged by 97% year-on-year and by 57% since the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.oceanfirst.com
Peers: KRNY PFS

Key stats

What are the main financial stats of OCFC

OCFC stock price

How has the Oceanfirst Financial stock price performed over time
Intraday
1.49%
1 week
1.8%
1 month
2.65%
1 year
12.78%
YTD
10.14%
QTD
1.23%

Financial performance

How have Oceanfirst Financial's revenue and profit performed over time
Revenue
$427.64M
Gross profit
$427.64M
Operating income
$63.91M
Net income
$47.9M
Gross margin
100%
Net margin
11.2%
OCFC's net margin has dropped by 52% year-on-year and by 36% since the previous quarter
The operating margin has dropped by 50% year-on-year and by 35% since the previous quarter
OCFC's net income is down by 45% YoY and by 32% QoQ
OCFC's operating income is down by 43% year-on-year and by 30% since the previous quarter

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
23.26
P/B
0.47
P/S
3.25
EV/EBIT
63.21
EV/EBITDA
50.44
EV/Sales
9.44
The P/E is 104% higher than the 5-year quarterly average of 11.4 and 38% higher than the last 4 quarters average of 16.8
The EPS has contracted by 40% YoY and by 27% from the previous quarter
Oceanfirst Financial's equity has increased by 47% YoY and by 44% from the previous quarter
The stock's price to book (P/B) is 33% less than its 5-year quarterly average of 0.7 and 22% less than its last 4 quarters average of 0.6
The stock's price to sales (P/S) is 16% more than its 5-year quarterly average of 2.8 and 16% more than its last 4 quarters average of 2.8
OCFC's revenue is up by 13% YoY and by 8% from the previous quarter

Efficiency

How efficient is Oceanfirst Financial business performance
OCFC's return on assets has dropped by 50% year-on-year and by 40% since the previous quarter
The ROS has plunged by 50% YoY and by 35% from the previous quarter
OCFC's ROIC has shrunk by 50% YoY and by 33% QoQ
OCFC's return on equity is down by 46% year-on-year and by 37% since the previous quarter

Dividends

What is OCFC's dividend history
Dividend details
DPS
$0.8
Dividend yield
4.05%
Payout ratio
94.1%
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 12% more than the total liabilities
The total liabilities has soared by 79% year-on-year and by 62% since the previous quarter
The total assets has soared by 75% YoY and by 60% from the previous quarter
OCFC's debt has surged by 97% year-on-year and by 57% since the previous quarter
Oceanfirst Financial's equity has increased by 47% YoY and by 44% from the previous quarter

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