OCFC - Intrinsic Value and Financial Analysis - OceanFirst Financial Corp.

OceanFirst Financial Corp. OCFC

Financial Services - Banks - Regional - NASDAQ - US

Watchlist

$ 20.49

0.147 %

$ 1.2 B

Market Cap

11.71

P/E

BALANCE SHEET

13.5 B ASSETS

Growth Rates

1Year 3.31%

3Years 5.75%

5Years 12.49%

7Years 14.75%

10Years 19.66%

11.9 B LIABILITIES

Growth Rates

1Year 3.11%

3Years 269.47%

5Years 12.89%

7Years 68.57%

10Years 50.25%

1.66 B EQUITY

Growth Rates

1Year 4.83%

3Years 3.83%

5Years 9.83%

7Years 16.45%

10Years 22.72%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition OceanFirst Financial Corp.

13.5 B ASSETS
11.9 B LIABILITIES

Current Assets	154 M
Cash & Short-Term Investments	154 M
Receivables	0
Other Current Assets	0
Non-Current Assets	13.3 B
Long-Term Investments	187 M
PP&E	140 M
Other Non-Current Assets	13 B

Current Liabilities	5.3 B
Accounts Payable	0
Short-Term Debt	322 M
Other Current Liabilities	4.98 B
Non-Current Liabilities	11.9 B
Long-Term Debt	816 M
Other Non-Current Liabilities	11.1 B

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995
ASSETS
Cash & Cash Equivalents	153.7	167.9	204.9	1 272.1	120.5	120.8	109.6	301.4	43.9	36.1	34.0	62.5	77.5	31.5	23.0	18.5	27.5	32.2	31.1	74.0	36.2	17.2	16.9	7.2	10.0	10.3	2.2	5.4	8.0
Short Term Investments	0	457.6	568.3	183.3	151.0	100.7	90.3	12.2	29.9	19.8	43.8	213.6	165.3	91.9	213.6	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	0	0	0	0	0	19.7	0	0	5.9	5.5	5.4	6.0	6.4	6.4	6.1	6.3	0	0	7.1	6.0	5.5	6.4	7.6	9.3	8.5	9.8	11.1	9.8	7.5
Inventory	0	(215.4)	(243.9)	(1 313.3)	(146.3)	0	(136.1)	(323.5)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	0	0	0	0	0	5 851.2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Current Assets	153.7	670.3	805.8	1 490.7	293.2	6 092.4	214.1	325.6	79.7	61.4	83.2	282.1	84.0	37.9	29.1	24.8	27.5	32.2	38.2	80.1	41.6	23.6	24.5	16.6	18.5	20.1	13.3	15.2	15.5
PP&E	140.4	126.7	125.8	107.1	102.7	111.2	101.8	71.4	28.4	24.7	23.7	22.2	22.3	22.5	22.1	21.3	17.9	18.2	16.1	16.0	16.5	17.7	16.7	14.7	13.9	13.9	14.3	15.7	9.0
Intangible Assets	9.5	13.5	18.2	23.7	15.6	17.0	8.9	10.9	0.3	0.7	4.2	4.6	4.8	5.7	6.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	506.1	506.1	500.3	500.3	374.6	338.4	150.5	145.1	1.8	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	186.7	1 780.8	1 808.6	1 227.6	930.0	957.2	854.3	610.9	424.7	489.2	539.4	213.6	530.2	433.1	210.2	75.2	111.8	151.8	168.9	208.4	167.4	230.6	313.3	371.6	467.0	519.2	664.5	569.5	380.0
Other Long Term Assets	(842.7)	(2 427.2)	(2 453.0)	(1 858.7)	(50.1)	(63.4)	(16.8)	(42.9)	(16.8)	(16.3)	(19.4)	(235.8)	(557.3)	(461.2)	(238.8)	(103.7)	(129.6)	(171.1)	(186.3)	(234.6)	(191.3)	(248.3)	(330.0)	(386.3)	(480.9)	(533.1)	(678.8)	(585.2)	(389.0)
Other Assets	51.9	10 006.4	8 480.8	8 098.9	6 530.1	0	4 086.4	4 003.2	2 058.1	1 781.3	1 603.4	1 751.3	1 660.8	1 752.2	1 721.5	1 729.4	1 770.3	1 873.7	1 760.9	1 599.6	1 484.4	1 471.8	1 409.1	1 237.4	1 091.5	1 008.5	818.8	703.5	631.9
Total Assets	13 538.3	13 103.9	11 739.6	11 448.3	8 246.1	7 516.2	5 416.0	5 167.1	2 593.1	2 356.7	2 249.7	2 269.2	2 302.1	2 251.3	1 989.3	1 857.9	1 927.5	2 077.0	1 985.4	1 914.3	1 717.4	1 743.7	1 763.7	1 640.2	1 590.9	1 561.7	1 510.9	1 303.9	1 036.4
LIABILITIES
Accounts Payable	0	0	0	0	0	0	0	0	0	0	0	0	5.2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Term Debt	322.3	0	0	0	0	0	0	0	0	0	0	0	0	27.5	27.5	27.5	7.6	0	0	84.0	99.4	30.0	0	0	95.0	30.0	20.4	0	0
Other Current Liabilities	(322.3)	0	0	0	0	0	0	0	0	0	0	0	(5.2)	(27.5)	(27.5)	(27.5)	(7.6)	0	0	(84.0)	(99.4)	(30.0)	0	0	(95.0)	(30.0)	(20.4)	0	0
Total Current Liabilities	5 299.3	4 118.5	3 824.3	4 024.6	2 913.0	2 501.6	1 605.0	1 313.3	0	0	0	0	32.7	27.5	27.5	7.6	7.6	0	154.9	84.0	99.4	30.0	0	0	95.0	30.0	20.4	0	0
Long Term Debt	816.0	1 408.5	229.1	235.5	616.1	548.9	345.2	307.1	346.9	332.7	202.5	252.5	293.5	265.0	333.0	359.9	420.5	448.0	359.9	228.0	215.0	184.0	272.0	127.5	20.0	0	0	8.8	10.4
Deferred Tax Income	0	0	0	0	15.5	8.1	14.9	4.0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	(816.0)	10 109.9	9 993.9	9 728.7	6 477.0	0	4 468.9	4 288.0	2 007.7	1 805.7	1 832.9	0	(293.5)	(265.0)	(333.0)	(359.9)	(420.5)	0	(359.9)	(228.0)	(215.0)	(184.0)	(272.0)	(127.5)	(20.0)	0	0	(8.8)	(10.4)
Total Liabilities	11 876.3	11 518.4	229.1	235.5	616.1	6 476.8	345.2	307.1	346.9	332.7	202.5	252.5	2 085.2	2 050.1	1 805.8	1 738.2	1 803.2	448.0	1 846.6	1 776.3	1 582.7	1 608.4	272.0	127.5	1 423.4	30.0	20.4	8.8	10.4
EQUITY
Common Stock	0.6	0.6	0.6	0.6	0.5	0.5	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0	0	0	0
Retained Earnings	592.5	540.5	442.3	378.3	358.7	305.1	271.0	238.2	229.1	217.7	206.2	198.1	186.7	174.7	163.1	160.3	154.9	164.1	164.6	157.6	150.8	142.2	131.7	121.7	113.2	104.0	97.6	88.6	90.3
Other Accumulative Comprehensive Income/Loss	(24.6)	(36.0)	(2.8)	0.6	(1.2)	(3.5)	(5.3)	(5.6)	(6.2)	(7.1)	(6.6)	49 K	(2.5)	(5.6)	(10.8)	(19.5)	(8.6)	(6.8)	(8.7)	(9.3)	(13.3)	(14.4)	(13.6)	(21.2)	(29.3)	0	1.0	(0.3)	2.1
Total Equity	1 661.9	1 585.5	1 516.6	1 484.1	1 153.1	1 039.4	601.9	572.0	238.4	218.3	214.3	219.8	216.8	201.3	183.5	119.8	124.3	132.3	138.8	138.0	134.7	135.3	146.7	157.7	167.5	197.7	215.5	252.8	92.4
Total Liabilities and Equity	13 538.3	13 103.9	11 739.6	11 448.3	8 246.1	7 516.2	5 416.0	5 167.1	2 593.1	2 356.7	2 249.7	2 269.2	2 302.1	2 251.3	1 989.3	1 857.9	1 927.5	2 077.0	1 985.4	1 914.3	1 717.4	1 743.7	1 763.7	1 640.2	1 590.9	1 561.7	1 510.9	1 303.9	1 036.4
SHARES OUTSTANDING
Common Shares Outstanding	58.9	58.7	59.4	59.9	50.2	46.8	32.1	23.1	16.6	16.7	17.1	17.7	18.2	18.1	12.7	11.7	11.5	11.5	11.8	12.1	12.3	12.8	13.9	15.4	18.0	20.0	46.0	27.2	27.2

Balance Sheet

Premium Plan

Unlimited Plan