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OceanFirst Financial Corp. (OCFC)

NASDAQ Financial Services Banks - Regional
$17.10 ▲ +1.36%
Market Cap
$1.03B
Sector
Financial Services
Industry
Banks - Regional
Beta
0.95
52-Wk Range
16.76-20.61
CEO
Christopher D. Maher
Country
US
Currency
USD

OceanFirst Financial Corp. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Toms River, NJ, US. The stock last traded at $17.10, up 1.36% on the session, giving a market capitalisation of $1.03B. On trailing twelve-month figures it carries a trailing P/E of 20.19, a net margin of 6.8%. Its beta of 0.95 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
20.19
Price / Sales
1.46
Price / Book
0.50
EV / EBITDA
39.24
Gross margin
54.9%
Operating margin
9.0%
Net margin
6.8%
Return on equity
—
Debt / equity
0.95
Current ratio
5.96
Dividend yield
4.7%
Payout ratio
95.8%
Company profile
Exchange
NASDAQ
Employees
926
IPO date
1996-07-01
Headquarters
Toms River, NJ, US
About OceanFirst Financial Corp.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers in the United States. The company accepts deposit products, such as money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, including brokered deposits. It 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, loans on savings accounts, overdraft line of credit, and other consumer loans. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. government and agencies, corporate securities, and other investments; and provides bankcard services, trust and asset management products and services, deposit account services, sales of loans and investments, bank owned life insurance and commercial loan swap income. The company was founded in 1902 and is headquartered in Toms River, New Jersey.

Comparable companies

OceanFirst Financial Corp. is most often compared with the following Financial Services names:

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