OceanFirst Financial Corp.

OceanFirst Financial Corp.

OCFCยทNASDAQ

$17.35

-3.9%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$999.36M
EPS1.1700
P/E Ratio14.83
Earnings Date07/23/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 14.8).

Valuation inputs: P/E 14.8, earnings yield +6.7%, momentum -3.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +4.3%, ROIC +2.0%).

Profitability stack: net margin +10.8%, ROE +4.3%, ROIC +2.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +88.6%, momentum -3.9%, net margin +10.8%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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OceanFirst Financial Corp. Market vs Earnings Trajectory

OCFC ยท NASDAQ

Loading price and EPS data...

OceanFirst Financial Corp.

OceanFirst Financial Corp. Fair Value Envelope

OCFC ยท NASDAQ

Our analysis suggests that OCFC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $17.35, this represents a potential HIDDEN relative to our calculated worth for OceanFirst Financial Corp..

Intrinsic Value
Current Price: $17.35
3Y-52.0%
5Y+15.0%
10Y+17.0%
3Y+35.0%
5Y+51.0%
10Y+333.0%
3Y-52.0%
5Y+12.0%
10Y+208.0%
3Y-65.0%
5Y-34.0%
10Y+161.0%
3Y-65.0%
5Y-33.0%
10Y+197.0%
3Y+11.0%
5Y+27.0%
10Y+182.0%
OceanFirst Financial Corp.

OceanFirst Financial Corp. Profit Bridge

OCFC ยท NASDAQ
Revenue655.60M
Cost of Goods Sold (298.40M)
Gross Profit357.19M
Operating Expenses (264.68M)
Operating Income92.52M
Interest Expense (282.23M)
Other Income/Expense0.00
Pretax Income92.52M
Income Tax (21.49M)
Net Income70.98M
Net Income
70.98M

Profitability Analysis

Gross Margin

54.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

14.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

10.8%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

23.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

54.48%
Gross Profit Margin
1%
3Y-38.0%
5Y-23.0%
10Y-39.0%
14.11%
Operating Profit Margin
-26%
3Y-65.0%
5Y-24.0%
10Y-39.0%
10.83%
Net Profit Margin
-26%
3Y-64.0%
5Y-26.0%
10Y-29.0%
4.27%
Return on Equity
-27%
3Y-54.0%
5Y-
10Y+6.0%
0.49%
Return on Assets
-35%
3Y-56.0%
5Y-12.0%
10Y+9.0%
1.97%
Return on Invested Capital
-34%
3Y-54.0%
5Y-37.0%
10Y-16.0%
OCFC

OceanFirst Financial Corp. Cash Conversion Engine

OCFC ยท NASDAQ
Net Income71.03M
Depreciation & Amortization14.41M
Stock-Based Compensation6.04M
Change in Working Capital-28.66M
Others21.38M
Capital Expenditures-7.70M
Free Cash Flow79.51M

Cash Flow Quality Analysis

FCF Conversion Rate

111.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

8.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-6.1%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$28.66M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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OceanFirst Financial Corp. Funding & Solvency Profile

OCFC ยท NASDAQ
Cash & Cash Equivalents136.98M
Net Receivables49.59M
Inventory0.00
Other Current Assets-1.18B
Total Current Assets187 M
Property, Plant & Equipment112.07M
Goodwill & Intangible Assets525.68M
Long-Term Investments12.13B
Other Non-Current Assets1.60B
Total Non-Current Assets14 B
Total Assets
14.56B

Financial Health Analysis

Current Ratio

2.77x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

7.72x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

119 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

ocfc

OceanFirst Financial Corp. Street Expectations Map

OCFC ยท NASDAQ

Wall Street analysts project that OCFC stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 19.67, with estimates ranging from a low of 17.00 to a high of 23.00.

Lowest Target
17.00
-2.02%
Consensus Target
19.67
13.37%
Highest Target
23.00
32.56%

The consensus 1-year price target stands at 19.67, with estimates ranging from a low of 17.00 to a high of 23.00.

Analyst Consensus Analysis

Upside Potential

+13.4%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

30.5% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

16.14x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Asymmetric upside: Strong return potential with favorable risk-reward profile. The limited downside relative to upside makes this an attractive risk-adjusted opportunity for growth-oriented portfolios.

ocfc

OceanFirst Financial Corp. Insider Positioning

OCFC ยท NASDAQ

During the last 12 months, there has been no insider trading activity reported for OCFC.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

1.11%
Dividend Yield
-1%
3Y-5.0%
5Y+43.0%
10Y+39.0%
ย 

ocfc Dividend History

OCFC
10Y CAGR +4%
Latest $0.2
Annual $1
5 year growth trend
Last Period: +0%