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XNAS
OCFC
Market cap989mUSD
Oct 08, Last price  
16.42USD
1D
-0.24%
1Q
-14.08%
Jan 2017
-45.32%
Name

OceanFirst Financial Corp

Chart & performance

D1W1MN
XNAS:OCFC chart
P/E
13.95
P/S
1.51
EPS
1.18
Div yield, %
4.87%
Shrs. gr., 5y
-0.90%
Rev. gr., 5y
8.61%
Revenues
656m
-4.70%
130,170,000117,495,000116,228,000111,450,000115,429,000109,491,000103,884,00090,582,00096,088,000100,474,000151,491,000212,340,000307,272,000345,003,000433,819,000388,841,000485,298,000636,958,000687,948,000655,597,000
Net income
71m
-29.07%
12,633,0001,075,00014,764,00015,653,00020,378,00020,741,00020,020,00016,330,00019,920,00020,322,00023,046,00042,470,00071,932,00088,574,00063,309,000110,076,000146,603,000104,029,000100,065,00070,978,000
CFO
87m
-5.46%
-15,000,00065,067,00024,708,00016,828,00039,941,00017,550,00030,888,00035,458,00027,581,00028,451,00033,424,00080,131,00092,551,000100,247,000132,656,000159,972,000250,450,000124,261,00092,243,00087,211,000
Dividend
Aug 10, 20260.2 USD/sh

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Profile

OceanFirst Financial Corp. functions as the parent entity for OceanFirst Bank N.A., delivering a comprehensive range of community banking solutions. It caters to a diverse clientele, including individual consumers, governmental bodies, and businesses, offering various deposit options such as money market, savings, interest-bearing and non-interest-bearing checking accounts, and time deposits. The institution extends financing for a variety of commercial needs, including commercial real estate, multi-family properties, land acquisition, construction projects, and general commercial and industrial operations. Furthermore, it provides home financing through both fixed-rate and adjustable-rate mortgages for residential properties accommodating one to four families. Its consumer lending portfolio encompasses home equity loans and lines of credit, student loans, overdraft protection lines, loans secured by savings accounts, and other personal loan products. Beyond banking services, the corporation also strategically invests in financial instruments such as mortgage-backed securities, U.S. government and agency-issued bonds, corporate debt, and other investment vehicles. Additional services offered include bankcard services, wealth management, trust and asset management, alongside the sale of alternative investment products and life insurance policies. As of December 31, 2021, OceanFirst maintained a significant operational footprint. This included a main branch in Toms River, administrative centers in Red Bank and Mount Laurel, and a network of 46 additional branch locations complemented by four deposit production facilities spread across central and southern New Jersey. Its reach for commercial lending extended further, with dedicated offices in New Jersey, New York City, the greater Philadelphia region, Baltimore, and Boston. Established in 1902, the company maintains its principal executive offices in Red Bank, New Jersey.

Key people

Chief Financial Officer, Senior Executive Vice President · since 2025
Michele Estep
Senior Executive Vice President, Chief Administrative Officer of the Bank · since 2025
Brian Schaeffer
Senior Executive Vice President, Chief Information Officer of the Bank · since 2025
Patrick Chong
Principal Accounting Officer · since 2023
David Berninger
Senior Executive Vice President, Chief Risk Officer of the Company and the Bank · since 2025
Steven Tsimbinos
Senior Executive Vice President, General Counsel and Corporate Secretary of the Company and the Bank · since 2025
Joseph Lebel
Chief Operating Officer, Senior Executive Vice President of the Company, President and Chief Operating Officer of the Bank, Director · since 2025
Christopher Maher
Chairman of the Board, President, Chief Executive Officer of the Company, Chairman and Chief Executive Officer of the Bank · since 2021
John Barros
Independent Director · since 2023
Anthony Coscia
Lead Independent Director · since 2022
Jack Farris
Independent Director · since 2015
Robert Garrett
Independent Director · since 2023
Kimberly Guadagno
Independent Director · since 2018
Nicos Katsoulis
Independent Director · since 2022
Joseph Murphy
Independent Director · since 2020
Independent Director · since 2019
Independent Director · since 2018
Patricia Turner
Independent Director · since 2020
Dalila Wilson-Scott
Independent Director · since 2023
IPO date
Jul 03, 1996
Employees
915
Domiciled in
US
Incorporated in
US

Valuation

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