OCFC RSI Chart
Last 7 days
5%
Last 30 days
0.1%
Last 90 days
-9.7%
Trailing 12 Months
-28.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 479.2M | 529.9M | 577.8M | 608.0M |
2022 | 348.2M | 364.3M | 389.4M | 431.2M |
2021 | 366.3M | 353.7M | 346.2M | 342.1M |
2020 | 330.6M | 348.0M | 364.1M | 379.6M |
2019 | 290.2M | 298.6M | 304.1M | 308.8M |
2018 | 205.7M | 228.9M | 252.2M | 276.7M |
2017 | 156.4M | 170.1M | 180.8M | 188.8M |
2016 | 88.8M | 101.3M | 116.7M | 133.4M |
2015 | 80.3M | 81.0M | 82.8M | 85.9M |
2014 | 79.9M | 79.6M | 79.7M | 79.9M |
2013 | 84.8M | 82.9M | 81.4M | 80.2M |
2012 | 94.0M | 91.8M | 89.8M | 87.6M |
2011 | 100.6M | 99.0M | 96.7M | 95.4M |
2010 | 0 | 97.7M | 99.5M | 101.4M |
2009 | 0 | 0 | 0 | 95.9M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 05, 2024 | ho angela k | sold | -10,186 | 14.87 | -685 | - |
Mar 05, 2024 | schaeffer brian | sold | -25,925 | 14.84 | -1,747 | - |
Mar 05, 2024 | maher christopher | sold | -159,624 | 14.9 | -10,713 | chairman and ceo |
Mar 05, 2024 | estep michele b | sold | -102,593 | 14.94 | -6,867 | - |
Mar 05, 2024 | tsimbinos steven james | sold | -69,320 | 14.79 | -4,687 | executive vp/corp. secretary |
Mar 05, 2024 | lebel joseph iii | sold | -126,845 | 14.93 | -8,496 | president and coo |
Mar 05, 2024 | giordano anthony iii | sold | -29,323 | 14.81 | -1,980 | - |
Mar 01, 2024 | lebel joseph iii | back to issuer | - | - | -9,923 | president and coo |
Mar 01, 2024 | maher christopher | back to issuer | - | - | -15,021 | chairman and ceo |
Mar 01, 2024 | estep michele b | back to issuer | - | - | -5,018 | - |
Which funds bought or sold OCFC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 6.19 | 65,086 | 302,655 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 2.25 | 10,811,700 | 58,491,800 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 113 | 22,150,300 | 36,319,200 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.41 | 82,030 | 503,006 | -% |
Feb 26, 2024 | Virtu Financial LLC | sold off | -100 | -197,000 | - | -% |
Feb 23, 2024 | MENDON CAPITAL ADVISORS CORP | new | - | 1,302,000 | 1,302,000 | 0.54% |
Feb 20, 2024 | Quarry LP | added | 199 | 15,930 | 22,065 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 1.73 | 239,000 | 1,325,000 | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 1.4 | 27,577 | 152,577 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | reduced | -81.6 | -791,000 | 224,000 | 0.02% |
Unveiling OceanFirst Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to OceanFirst Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
OceanFirst Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.3% | 160 | 158 | 150 | 139 | 130 | 110 | 99.00 | 91.00 | 88.00 | 85.00 | 83.00 | 85.00 | 93.00 | 93.00 | 96.00 | 98.00 | 77.00 | 77.00 | 78.00 | 76.00 | 72.00 |
Operating Expenses | -6.7% | 60.00 | 64.00 | 63.00 | 61.00 | 60.00 | 59.00 | 59.00 | 57.00 | 65.00 | 59.00 | 52.00 | 52.00 | 71.00 | 57.00 | 56.00 | 63.00 | 48.00 | 43.00 | 51.00 | 47.00 | 38.00 |
EBITDA Margin | -13.8% | 0.85* | 0.99* | 1.13* | 1.25* | 1.35* | 1.32* | 1.30* | 1.32* | 1.34* | 1.36* | 1.22* | 1.14* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -3.5% | 88.00 | 91.00 | 92.00 | 99.00 | 106 | 96.00 | 91.00 | 84.00 | 81.00 | 77.00 | 74.00 | 74.00 | 78.00 | 77.00 | 79.00 | 80.00 | 63.00 | 63.00 | 65.00 | 64.00 | 62.00 |
Income Taxes | 33.0% | 9.00 | 6.00 | 9.00 | 9.00 | 17.00 | 12.00 | 9.00 | 8.00 | 4.00 | 7.00 | 10.00 | 11.00 | 10.00 | -2.61 | 6.00 | 4.00 | 3.00 | 6.00 | 4.00 | 5.00 | 4.00 |
Earnings Before Taxes | 34.6% | 36.00 | 27.00 | 37.00 | 37.00 | 71.00 | 51.00 | 38.00 | 34.00 | 27.00 | 32.00 | 41.00 | 43.00 | 43.00 | -7.53 | 25.00 | 21.00 | 27.00 | 31.00 | 23.00 | 26.00 | 31.00 |
EBT Margin | -24.0% | 0.22* | 0.30* | 0.37* | 0.41* | 0.45* | 0.39* | 0.36* | 0.38* | 0.42* | 0.46* | 0.34* | 0.28* | - | - | - | - | - | - | - | - | - |
Net Income | 33.9% | 28.00 | 21.00 | 28.00 | 28.00 | 53.00 | 39.00 | 29.00 | 26.00 | 23.00 | 24.00 | 31.00 | 33.00 | 33.00 | -4.93 | 19.00 | 17.00 | 23.00 | 25.00 | 19.00 | 21.00 | 27.00 |
Net Income Margin | -23.7% | 0.17* | 0.22* | 0.28* | 0.31* | 0.34* | 0.30* | 0.28* | 0.30* | 0.32* | 0.35* | 0.26* | 0.22* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -153.2% | -28.47 | 53.00 | 69.00 | 22.00 | 39.00 | 81.00 | 65.00 | 50.00 | 25.00 | -30.99 | 92.00 | 32.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.3% | 13,538 | 13,498 | 13,539 | 13,555 | 13,104 | 12,683 | 12,439 | 12,165 | 11,740 | 11,830 | 11,484 | 11,577 | 11,448 | 11,651 | 11,345 | 10,489 | 8,246 | 8,135 | 8,029 | 8,093 | 7,516 |
Cash Equivalents | -62.4% | 154 | 409 | 458 | 496 | 168 | 171 | 189 | 211 | 225 | 1,008 | 1,111 | 1,190 | 1,319 | 1,038 | 779 | 307 | 133 | 156 | 155 | 156 | 122 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105 | 103 | 104 | 106 | 113 | 111 |
Goodwill | 0% | 506 | 506 | 506 | 506 | 506 | 506 | 506 | 6.00 | 500 | 500 | 500 | 500 | 500 | 501 | 501 | 500 | 86.00 | 375 | 375 | 375 | 338 |
Liabilities | 0.1% | 11,876 | 11,861 | 11,913 | 11,945 | 11,518 | 11,143 | 10,917 | 10,646 | 10,223 | 10,316 | 9,975 | 10,079 | 9,964 | 10,190 | 9,869 | 9,079 | 7,093 | 6,991 | 6,892 | 6,966 | 6,477 |
Long Term Debt | - | 1,118 | - | - | - | 1,476 | - | - | - | 348 | - | - | - | 364 | - | - | - | 688 | - | - | - | 611 |
Shareholder's Equity | 1.5% | 1,661 | 1,637 | 1,626 | 1,610 | 1,585 | 1,540 | 1,521 | 1,519 | 1,517 | 1,513 | 1,509 | 1,499 | 1,484 | 1,462 | 1,476 | 1,410 | 1,153 | 1,145 | 1,137 | 1,127 | 1,039 |
Retained Earnings | 2.6% | 593 | 578 | 570 | 555 | 541 | 500 | 474 | 456 | 442 | 431 | 418 | 398 | 378 | 356 | 373 | 364 | 359 | 344 | 327 | 317 | 305 |
Additional Paid-In Capital | 0.1% | 1,162 | 1,161 | 1,159 | 1,158 | 1,155 | 1,153 | 1,151 | 1,150 | 1,147 | 1,145 | 1,144 | 1,142 | 1,138 | 1,137 | 1,136 | 1,078 | 841 | 840 | 839 | 837 | 758 |
Shares Outstanding | 0.0% | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 60.00 | 60.00 | 60.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 9.7% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 903 | - | - | - | 1,102 | - | - | - | 1,212 | - | - | - | 1,038 | - | - | - | 1,244 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -148.9% | -26,823 | 54,822 | 71,888 | 24,374 | 40,452 | 83,702 | 68,652 | 57,644 | 40,921 | -19,751 | 101,929 | 36,873 | 5,119 | 46,280 | 17,561 | 63,696 | 18,265 | 22,516 | 21,397 | 38,069 | 30,318 |
Share Based Compensation | -40.0% | 944 | 1,574 | 1,508 | 1,828 | 1,619 | 1,619 | 1,848 | 1,552 | 1,184 | 1,505 | 1,489 | 1,237 | 529 | 1,250 | 1,371 | 1,108 | 721 | 538 | 1,690 | 912 | 508 |
Cashflow From Investing | -4017.0% | -342,112 | 8,734 | -7,971 | -146,648 | -411,830 | -235,376 | -249,117 | -424,685 | -751,367 | -424,723 | -78,593 | -223,159 | 514,299 | -82,300 | -369,019 | -85,149 | -143,798 | -98,798 | 61,841 | 8,633 | 10,585 |
Cashflow From Financing | 201.2% | 113,771 | -112,421 | -102,403 | 450,521 | 368,656 | 133,323 | 158,348 | 353,433 | -72,442 | 341,057 | -102,000 | 57,378 | -239,164 | 295,119 | 823,551 | 195,442 | 103,080 | 77,044 | -83,865 | -13,486 | -67,668 |
Dividend Payments | 0.2% | 12,848 | 12,826 | 12,841 | 12,759 | 12,732 | 12,756 | 11,026 | 10,997 | 11,073 | 11,104 | 11,177 | 11,156 | 11,194 | 11,229 | 10,220 | 10,274 | 8,298 | 8,639 | 8,660 | 8,644 | 8,139 |
Buy Backs | - | - | - | - | - | - | - | 5,252 | 2,144 | 5,431 | 9,689 | 10,945 | 9,994 | - | - | - | 14,814 | 8,012 | 10,656 | 3,593 | 3,805 | 10,837 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest income: | |||
Loans | $ 521,865 | $ 390,386 | $ 315,237 |
Debt securities | 59,273 | 34,407 | 22,033 |
Equity investments and other | 26,836 | 6,382 | 4,822 |
Total interest income | 607,974 | 431,175 | 342,092 |
Interest expense: | |||
Deposits | 172,018 | 31,021 | 25,210 |
Borrowed funds | 66,225 | 22,677 | 11,544 |
Total interest expense | 238,243 | 53,698 | 36,754 |
Net interest income | 369,731 | 377,477 | 305,338 |
Provision for credit losses (benefit) | 17,678 | 7,768 | (11,832) |
Net interest income after provision for credit losses (benefit) | 352,053 | 369,709 | 317,170 |
Other income: | |||
Bankcard services revenue | 5,912 | 9,219 | 13,360 |
Net gain on sales of loans | 428 | 358 | 3,186 |
Net (loss) gain on equity investments | (3,732) | 9,685 | 7,145 |
Net gain (loss) from other real estate operations | 0 | 48 | (15) |
Income from bank owned life insurance | 5,280 | 6,578 | 6,832 |
Commercial loan swap income | 741 | 7,065 | 4,095 |
Other | 1,212 | 953 | 1,159 |
Total other income | 33,624 | 59,094 | 51,931 |
Operating expenses: | |||
Compensation and employee benefits | 135,802 | 131,915 | 120,014 |
Occupancy | 21,188 | 20,817 | 20,481 |
Equipment | 4,650 | 4,987 | 5,443 |
Marketing | 4,238 | 2,947 | 2,169 |
Federal deposit insurance and regulatory assessments | 11,157 | 7,359 | 6,155 |
Data processing | 24,835 | 23,095 | 21,570 |
Check card processing | 4,640 | 4,971 | 5,182 |
Professional fees | 18,297 | 12,993 | 11,043 |
Amortization of core deposit intangible | 3,984 | 4,718 | 5,453 |
Branch consolidation expense, net | 70 | 713 | 12,337 |
Merger related expenses | 22 | 2,735 | 1,503 |
Other operating expense | 20,029 | 17,631 | 15,510 |
Total operating expenses | 248,912 | 234,881 | 226,860 |
Income before provision for income taxes | 136,765 | 193,922 | 142,241 |
Provision for income taxes | 32,700 | 46,565 | 32,165 |
Net income | 104,065 | 147,357 | 110,076 |
Net income attributable to non-controlling interest | 36 | 754 | 0 |
Net income attributable to OceanFirst Financial Corp. | 104,029 | 146,603 | 110,076 |
Dividends on preferred shares | 4,016 | 4,016 | 4,016 |
Net income available to common stockholders, basic | 100,013 | 142,587 | 106,060 |
Net income available to common stockholders, diluted | $ 100,013 | $ 142,587 | $ 106,060 |
Basic earnings per share (in dollars per share) | $ 1.70 | $ 2.43 | $ 1.79 |
Diluted earnings per share (in dollars per share) | $ 1.70 | $ 2.42 | $ 1.78 |
Average basic shares outstanding (in shares) | 58,948 | 58,730 | 59,406 |
Average diluted shares outstanding (in shares) | 58,957 | 58,878 | 59,649 |
Trust and asset management revenue | |||
Other income: | |||
Revenue | $ 2,529 | $ 2,386 | $ 2,336 |
Fees and service charges | |||
Other income: | |||
Revenue | $ 21,254 | $ 22,802 | $ 13,833 |