OceanFirst Financial Corp. Logo

OceanFirst Financial Corp.

OCFCP

(2.8)
Stock Price

25,22 USD

1% ROA

6.37% ROE

7.68x PER

Market Cap.

1.000.803.850,00 USD

49.01% DER

4.75% Yield

22.03% NPM

OceanFirst Financial Corp. Stock Analysis

OceanFirst Financial Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

OceanFirst Financial Corp. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.51x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (49%), which means it has a small amount of debt compared to the ownership it holds

3 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 ROE

The stock's ROE falls within an average range (8.03%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (1%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 Dividend

The company's history of regular dividend distributions in the last three years showcases its ability to generate reliable income for shareholders.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (50), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

OceanFirst Financial Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

OceanFirst Financial Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

OceanFirst Financial Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

OceanFirst Financial Corp. Revenue
Year Revenue Growth
1995 2.306.000
1996 39.300.000 94.13%
1997 45.500.000 13.63%
1998 46.600.000 2.36%
1999 53.700.000 13.22%
2000 55.838.000 3.83%
2001 67.937.000 17.81%
2002 71.689.000 5.23%
2003 76.392.000 6.16%
2004 76.761.000 0.48%
2005 85.016.000 9.71%
2006 71.727.000 -18.53%
2007 55.455.000 -29.34%
2008 70.846.000 21.72%
2009 81.052.000 12.59%
2010 92.426.000 12.31%
2011 92.776.000 0.38%
2012 90.283.000 -2.76%
2013 81.495.000 -10.78%
2014 88.583.000 8%
2015 91.329.000 3.01%
2016 138.328.000 33.98%
2017 192.729.000 28.23%
2018 271.120.000 28.91%
2019 292.180.000 7.21%
2020 367.162.000 20.42%
2021 352.087.000 -4.28%
2022 431.600.000 18.42%
2023 402.416.000 -7.25%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

OceanFirst Financial Corp. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

OceanFirst Financial Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 8.707.000
1996 13.200.000 34.04%
1997 17.300.000 23.7%
1998 18.600.000 6.99%
1999 20.400.000 8.82%
2000 23.857.000 14.49%
2001 27.498.000 13.24%
2002 20.324.000 -35.3%
2003 22.240.000 8.62%
2004 27.242.000 18.36%
2005 31.184.000 12.64%
2006 39.532.000 21.12%
2007 39.391.000 -0.36%
2008 30.694.000 -28.33%
2009 39.360.000 22.02%
2010 44.205.000 10.96%
2011 35.939.000 -23%
2012 33.355.000 -7.75%
2013 34.899.000 4.42%
2014 37.794.000 7.66%
2015 38.749.000 2.46%
2016 57.507.000 32.62%
2017 71.513.000 19.59%
2018 100.134.000 28.58%
2019 106.953.000 6.38%
2020 136.493.000 21.64%
2021 147.739.000 7.61%
2022 139.274.000 -6.08%
2023 152.364.000 8.59%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

OceanFirst Financial Corp. EBITDA
Year EBITDA Growth
1995 53.420.000
1996 45.200.000 -18.19%
1997 85.400.000 47.07%
1998 90.000.000 5.11%
1999 90.100.000 0.11%
2000 95.645.000 5.8%
2001 100.304.000 4.64%
2002 85.671.000 -17.08%
2003 76.277.000 -12.32%
2004 67.955.000 -12.25%
2005 77.271.000 12.06%
2006 83.237.000 7.17%
2007 68.084.000 -22.26%
2008 72.150.000 5.64%
2009 59.858.000 -20.54%
2010 57.478.000 -4.14%
2011 52.728.000 -9.01%
2012 47.676.000 -10.6%
2013 37.403.000 -27.47%
2014 40.952.000 8.67%
2015 43.595.000 6.06%
2016 53.771.000 18.92%
2017 93.278.000 42.35%
2018 134.171.000 30.48%
2019 111.385.000 -20.46%
2020 87.228.000 -27.69%
2021 147.694.000 40.94%
2022 251.584.000 41.29%
2023 112.452.000 -123.73%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

OceanFirst Financial Corp. Gross Profit
Year Gross Profit Growth
1995 2.306.000
1996 39.300.000 94.13%
1997 45.500.000 13.63%
1998 46.600.000 2.36%
1999 53.700.000 13.22%
2000 55.838.000 3.83%
2001 67.937.000 17.81%
2002 71.689.000 5.23%
2003 76.392.000 6.16%
2004 76.761.000 0.48%
2005 85.016.000 9.71%
2006 71.727.000 -18.53%
2007 55.455.000 -29.34%
2008 70.846.000 21.72%
2009 72.920.000 2.84%
2010 84.729.000 13.94%
2011 78.578.000 -7.83%
2012 76.381.000 -2.88%
2013 67.302.000 -13.49%
2014 74.609.000 9.79%
2015 76.398.000 2.34%
2016 117.216.000 34.82%
2017 164.493.000 28.74%
2018 231.377.000 28.91%
2019 252.334.000 8.31%
2020 322.059.000 21.65%
2021 310.653.000 -3.67%
2022 388.165.000 19.97%
2023 355.516.000 -9.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

OceanFirst Financial Corp. Net Profit
Year Net Profit Growth
1995 7.947.000
1996 -1.700.000 567.47%
1997 13.800.000 112.32%
1998 13.000.000 -6.15%
1999 16.300.000 20.25%
2000 16.382.000 0.5%
2001 18.159.000 9.79%
2002 20.143.000 9.85%
2003 19.873.000 -1.36%
2004 17.945.000 -10.74%
2005 19.497.000 7.96%
2006 12.633.000 -54.33%
2007 1.075.000 -1075.16%
2008 14.764.000 92.72%
2009 15.653.000 5.68%
2010 20.378.000 23.19%
2011 20.741.000 1.75%
2012 20.020.000 -3.6%
2013 16.330.000 -22.6%
2014 19.920.000 18.02%
2015 20.322.000 1.98%
2016 23.046.000 11.82%
2017 42.470.000 45.74%
2018 71.932.000 40.96%
2019 88.574.000 18.79%
2020 63.309.000 -39.91%
2021 110.076.000 42.49%
2022 146.603.000 24.92%
2023 82.668.000 -77.34%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

OceanFirst Financial Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 0
1996 0 0%
1997 0 0%
1998 1 0%
1999 1 0%
2000 1 100%
2001 1 0%
2002 2 0%
2003 2 0%
2004 1 0%
2005 2 0%
2006 1 0%
2007 0 0%
2008 1 100%
2009 1 0%
2010 1 100%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 100%
2015 1 0%
2016 1 0%
2017 1 0%
2018 2 0%
2019 2 0%
2020 1 0%
2021 2 0%
2022 2 50%
2023 1 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

OceanFirst Financial Corp. Free Cashflow
Year Free Cashflow Growth
1995 1.015.000
1996 2.800.000 63.75%
1997 17.600.000 84.09%
1998 600.000 -2833.33%
1999 41.300.000 98.55%
2000 8.497.000 -386.05%
2001 27.130.000 68.68%
2002 -1.320.000 2155.3%
2003 55.181.000 102.39%
2004 15.562.000 -254.59%
2005 27.526.000 43.46%
2006 -19.146.000 243.77%
2007 63.450.000 130.17%
2008 19.507.000 -225.27%
2009 14.085.000 -38.49%
2010 37.378.000 62.32%
2011 15.323.000 -143.93%
2012 28.288.000 45.83%
2013 31.175.000 9.26%
2014 23.611.000 -32.04%
2015 24.560.000 3.86%
2016 26.137.000 6.03%
2017 31.433.000 16.85%
2018 81.064.000 61.22%
2019 95.172.000 14.82%
2020 117.928.000 19.3%
2021 117.933.000 0%
2022 229.554.000 48.63%
2023 10.068.156.000 97.72%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

OceanFirst Financial Corp. Operating Cashflow
Year Operating Cashflow Growth
1995 5.136.000
1996 10.000.000 48.64%
1997 19.100.000 47.64%
1998 1.700.000 -1023.53%
1999 42.800.000 96.03%
2000 10.605.000 -303.58%
2001 31.144.000 65.95%
2002 1.706.000 -1725.56%
2003 56.064.000 96.96%
2004 17.179.000 -226.35%
2005 29.658.000 42.08%
2006 -15.000.000 297.72%
2007 65.067.000 123.05%
2008 24.708.000 -163.34%
2009 16.828.000 -46.83%
2010 39.941.000 57.87%
2011 17.550.000 -127.58%
2012 30.888.000 43.18%
2013 35.458.000 12.89%
2014 27.581.000 -28.56%
2015 28.451.000 3.06%
2016 32.807.000 13.28%
2017 80.131.000 59.06%
2018 92.551.000 13.42%
2019 100.247.000 7.68%
2020 132.656.000 24.43%
2021 159.972.000 17.08%
2022 250.450.000 36.13%
2023 10.068.156.000 97.51%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

OceanFirst Financial Corp. Capital Expenditure
Year Capital Expenditure Growth
1995 4.121.000
1996 7.200.000 42.76%
1997 1.500.000 -380%
1998 1.100.000 -36.36%
1999 1.500.000 26.67%
2000 2.108.000 28.84%
2001 4.014.000 47.48%
2002 3.026.000 -32.65%
2003 883.000 -242.7%
2004 1.617.000 45.39%
2005 2.132.000 24.16%
2006 4.146.000 48.58%
2007 1.617.000 -156.4%
2008 5.201.000 68.91%
2009 2.743.000 -89.61%
2010 2.563.000 -7.02%
2011 2.227.000 -15.09%
2012 2.600.000 14.35%
2013 4.283.000 39.29%
2014 3.970.000 -7.88%
2015 3.891.000 -2.03%
2016 6.670.000 41.66%
2017 48.698.000 86.3%
2018 11.487.000 -323.94%
2019 5.075.000 -126.34%
2020 14.728.000 65.54%
2021 42.039.000 64.97%
2022 20.896.000 -101.18%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

OceanFirst Financial Corp. Equity
Year Equity Growth
1995 92.351.000
1996 252.800.000 63.47%
1997 215.500.000 -17.31%
1998 197.700.000 -9%
1999 167.500.000 -18.03%
2000 157.736.000 -6.19%
2001 146.729.000 -7.5%
2002 135.305.000 -8.44%
2003 134.662.000 -0.48%
2004 137.956.000 2.39%
2005 138.784.000 0.6%
2006 132.320.000 -4.89%
2007 124.306.000 -6.45%
2008 119.783.000 -3.78%
2009 183.536.000 34.74%
2010 201.251.000 8.8%
2011 216.849.000 7.19%
2012 219.792.000 1.34%
2013 214.350.000 -2.54%
2014 218.259.000 1.79%
2015 238.446.000 8.47%
2016 572.038.000 58.32%
2017 601.941.000 4.97%
2018 1.039.358.000 42.09%
2019 1.153.119.000 9.87%
2020 1.484.130.000 22.3%
2021 1.516.553.000 2.14%
2022 1.585.464.000 4.35%
2023 1.637.604.000 3.18%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

OceanFirst Financial Corp. Assets
Year Assets Growth
1995 1.036.445.000
1996 1.303.900.000 20.51%
1997 1.510.900.000 13.7%
1998 1.561.700.000 3.25%
1999 1.590.900.000 1.84%
2000 1.640.217.000 3.01%
2001 1.763.666.000 7%
2002 1.743.698.000 -1.15%
2003 1.717.409.000 -1.53%
2004 1.914.275.000 10.28%
2005 1.985.357.000 3.58%
2006 2.077.002.000 4.41%
2007 1.927.499.000 -7.76%
2008 1.857.946.000 -3.74%
2009 1.989.344.000 6.61%
2010 2.251.330.000 11.64%
2011 2.302.094.000 2.21%
2012 2.269.228.000 -1.45%
2013 2.249.711.000 -0.87%
2014 2.356.714.000 4.54%
2015 2.593.068.000 9.11%
2016 5.167.052.000 49.82%
2017 5.416.006.000 4.6%
2018 7.516.154.000 27.94%
2019 8.246.145.000 8.85%
2020 11.448.313.000 27.97%
2021 11.739.616.000 2.48%
2022 13.103.896.000 10.41%
2023 13.498.183.000 2.92%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

OceanFirst Financial Corp. Liabilities
Year Liabilities Growth
1995 944.094.000
1996 1.051.100.000 10.18%
1997 1.295.400.000 18.86%
1998 1.364.000.000 5.03%
1999 1.423.400.000 4.17%
2000 1.482.481.000 3.99%
2001 1.616.937.000 8.32%
2002 1.608.393.000 -0.53%
2003 1.582.747.000 -1.62%
2004 1.776.319.000 10.9%
2005 1.846.573.000 3.8%
2006 1.944.682.000 5.04%
2007 1.803.193.000 -7.85%
2008 1.738.163.000 -3.74%
2009 1.805.808.000 3.75%
2010 2.050.079.000 11.92%
2011 2.085.245.000 1.69%
2012 2.049.436.000 -1.75%
2013 2.035.361.000 -0.69%
2014 2.138.455.000 4.82%
2015 2.354.622.000 9.18%
2016 4.595.014.000 48.76%
2017 4.814.065.000 4.55%
2018 6.476.796.000 25.67%
2019 616.061.000 -951.32%
2020 235.471.000 -161.63%
2021 229.141.000 -2.76%
2022 11.518.432.000 98.01%
2023 802.239.000 -1335.79%

OceanFirst Financial Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.32
Net Income per Share
2.19
Price to Earning Ratio
7.68x
Price To Sales Ratio
2.31x
POCF Ratio
0.1
PFCF Ratio
0.1
Price to Book Ratio
0.61
EV to Sales
3.22
EV Over EBITDA
5.83
EV to Operating CashFlow
0.14
EV to FreeCashFlow
0.14
Earnings Yield
0.13
FreeCashFlow Yield
10.19
Market Cap
1,00 Bil.
Enterprise Value
1,39 Bil.
Graham Number
36.97
Graham NetNet
1.65

Income Statement Metrics

Net Income per Share
2.19
Income Quality
1
ROE
0.08
Return On Assets
0.01
Return On Capital Employed
0
Net Income per EBT
0.76
EBT Per Ebit
38.16
Ebit per Revenue
0.01
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.34
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.93
Operating Profit Margin
0.01
Pretax Profit Margin
0.29
Net Profit Margin
0.22

Dividends

Dividend Yield
0.05
Dividend Yield %
4.75
Payout Ratio
0.3
Dividend Per Share
0.8

Operating Metrics

Operating Cashflow per Share
172.66
Free CashFlow per Share
172.55
Capex to Operating CashFlow
-0
Capex to Revenue
-0.01
Capex to Depreciation
-0.52
Return on Invested Capital
0.07
Return on Tangible Assets
0.01
Days Sales Outstanding
42.19
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
8.65
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.11

Balance Sheet

Cash per Share
14,59
Book Value per Share
27,70
Tangible Book Value per Share
206.07
Shareholders Equity per Share
27.7
Interest Debt per Share
16.78
Debt to Equity
0.49
Debt to Assets
0.06
Net Debt to EBITDA
1.64
Current Ratio
0
Tangible Asset Value
12,18 Bil.
Net Current Asset Value
0,11 Bil.
Invested Capital
0.49
Working Capital
0,91 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,05 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.8

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

OceanFirst Financial Corp. Dividends
Year Dividends Growth
2020 1
2021 2 100%
2022 2 0%
2023 2 0%

OceanFirst Financial Corp. Profile

About OceanFirst Financial Corp.

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.

CEO
Mr. Christopher D. Maher
Employee
878
Address
110 West Front Street
Red Bank, 07701

OceanFirst Financial Corp. Executives & BODs

OceanFirst Financial Corp. Executives & BODs
# Name Age
1 Mr. Steven J. Tsimbinos Esq.
Executive Vice President, General Counsel & Corporate Secretary
70
2 Mr. David R. Howard
First Senior Vice President & Treasurer
70
3 Ms. Angela K. Ho
Senior Vice President & Chief Compliance Officer
70
4 Mr. Joseph J. Lebel III
President, Chief Operating Officer & Director
70
5 Mr. Anthony Giordano III
Executive Vice President & Chief of Banking Operations
70
6 Ms. Michele B. Estep
EVice President and Chief Administrative Officer of OceanFirst Bank, N.A.
70
7 Mr. Brian E. Schaeffer CISA, CISSP
Senior Vice President & Chief Information Security Officer
70
8 Mr. Patrick Chong
Senior Vice President, Corporate Controller & Principal Accounting Officer
70
9 Mr. Christopher D. Maher
Chairman & Chief Executive Officer
70
10 Mr. Patrick S. Barrett
Chief Financial Officer & Executive Vice President
70

OceanFirst Financial Corp. Competitors