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XNASOCFCP
Market cap1.03bUSD
Jan 10, Last price  
25.22USD
1D
0.07%
1Q
-0.17%
Name

OceanFirst Financial Corp

Chart & Performance

D1W1MN
XNAS:OCFCP chart
P/E
14.17
P/S
3.82
EPS
1.78
Div Yield, %
3.48%
Shrs. gr., 5y
4.35%
Rev. gr., 5y
7.30%
Revenues
386m
-10.64%
76,761,00085,016,00071,727,00055,455,00070,846,00081,052,00092,426,00092,776,00090,283,00081,495,00088,583,00091,329,000138,328,000192,729,000271,120,000292,180,000367,162,000352,087,000431,600,000385,677,000
Net income
104m
-29.04%
17,945,00019,497,00012,633,0001,075,00014,764,00015,653,00020,378,00020,741,00020,020,00016,330,00019,920,00020,322,00023,046,00042,470,00071,932,00088,574,00063,309,000110,076,000146,603,000104,029,000
CFO
124m
-50.38%
17,179,00029,658,000-15,000,00065,067,00024,708,00016,828,00039,941,00017,550,00030,888,00035,458,00027,581,00028,451,00032,807,00080,131,00092,551,000100,247,000132,656,000159,972,000250,450,000124,261,000
Dividend
Jul 31, 20240.4375 USD/sh
Earnings
Jan 16, 2025

Profile

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
URL
https://oceanfirst.com/
IPO date
Jul 03, 1996
Employees
915
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
385,677
-10.64%
431,600
22.58%
Cost of revenue
(103,983)
185,656
Unusual Expense (Income)
NOPBT
489,660
245,944
NOPBT Margin
126.96%
56.98%
Operating Taxes
32,700
46,565
Tax Rate
6.68%
18.93%
NOPAT
456,960
199,379
Net income
104,029
-29.04%
146,603
33.18%
Dividends
(51,274)
(47,511)
Dividend yield
5.01%
3.80%
Proceeds from repurchase of equity
(2,350)
(6,972)
BB yield
0.23%
0.56%
Debt
Debt current
322,264
1,283,280
Long-term debt
817,679
1,408,503
Deferred revenue
Other long-term liabilities
11,061,999
(1,406,569)
Net debt
(1,027,565)
285,366
Cash flow
Cash from operating activities
124,261
250,450
CAPEX
(7,708)
(20,896)
Cash from investing activities
(487,997)
(1,321,008)
Cash from financing activities
349,468
1,013,760
FCF
(2,043,911)
(531,539)
Balance
Cash
153,718
625,594
Long term investments
2,013,790
1,780,823
Excess cash
2,148,224
2,384,837
Stockholders' equity
569,296
505,940
Invested Capital
13,291,221
9,762,697
ROIC
3.96%
2.30%
ROCE
3.53%
2.40%
EV
Common stock shares outstanding
58,957
58,878
Price
17.36
-18.31%
21.25
-4.28%
Market cap
1,023,494
-18.20%
1,251,158
-5.52%
EV
(3,288)
1,537,326
EBITDA
505,372
262,422
EV/EBITDA
5.86
Interest
238,243
53,698
Interest/NOPBT
48.65%
21.83%