OceanFirst Financial Corp. OCFC
- Market cap
- $1.7B
- P/E
- 20.1×
Follow OCFC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.98 | 24.02 | 21.30 | 20.46 | 11.60 | 18.06 | 18.24 | 12.01 | 14.03 | 14.29 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 30.49 | 30.70 | 30.90 | 26.09 | 25.52 | 25.76 | 24.25 | 24.93 | 21.87 | 20.61 |
High Price
|
|||
| 797 | 684 | 892 | 924 | 987 | 917 | 939 | 899 | 1,007 | 954 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 154 | 216 | 311 | 351 | 454 | 394 | 490 | 642 | 692 | 687 |
Revenue
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| 91.44% | 90.92% | 88.39% | 84.95% | 85.30% | 90.67% | 89.05% | 62.87% | 55.49% | 58.93% |
Gross Margin
|
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| 35 | 65 | 86 | 107 | 81 | 142 | 194 | 137 | 131 | 93 |
EBT
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| 22.88% | 30.26% | 27.45% | 30.59% | 17.87% | 36.10% | 39.55% | 21.32% | 18.87% | 13.46% |
EBT Margin
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| 23 | 42 | 72 | 89 | 63 | 110 | 147 | 104 | 100 | 71 |
Net Income
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| 8 | 13 | 19 | 19 | 23 | 25 | 25 | 21 | 14 | 3 |
Depreciation
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| 6.66 | 6.72 | 6.66 | 7.00 | 7.57 | 6.63 | 8.35 | 10.88 | 11.88 | 11.97 |
Revenue/Sh
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| 1.00 | 1.32 | 1.54 | 1.77 | 1.02 | 1.79 | 2.43 | 1.70 | 1.65 | 1.17 |
Earnings/Sh
|
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| 1.45 | 2.50 | 1.98 | 2.00 | 2.21 | 2.69 | 4.26 | 2.11 | 1.58 | 1.52 |
Cash Flow/Sh
|
|||
| (0.29) | (1.52) | (0.03) | (0.05) | (0.25) | (0.71) | (0.36) | (0.13) | (0.07) | (0.13) |
Capex/Sh
|
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| 1.16 | 0.98 | 1.95 | 1.94 | 1.97 | 1.99 | 3.91 | 1.98 | 1.51 | 1.38 |
Free CF/Sh
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| 24.77 | 18.74 | 22.22 | 22.99 | 24.77 | 25.53 | 27.00 | 28.19 | 29.21 | 28.95 |
Book Value/Sh
|
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| 23 | 32 | 47 | 50 | 60 | 59 | 59 | 59 | 58 | 57 |
Shares
|
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| 30.24 | 19.98 | 14.91 | 14.43 | 18.26 | 12.40 | 8.86 | 10.32 | 10.97 | 15.47 |
PE Ratio
|
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| 4.49 | 3.95 | 3.38 | 3.65 | 2.46 | 3.35 | 2.58 | 1.61 | 1.52 | 1.50 |
PS Ratio
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| 1.21 | 1.42 | 1.01 | 1.11 | 0.75 | 0.87 | 0.80 | 0.62 | 0.62 | 0.62 |
PB Ratio
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| 4.62 | 5.09 | 4.80 | 5.10 | 0.21 | 3.46 | 5.15 | 3.04 | 3.21 | 3.74 |
EV/Sales
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| 26.58 | 34.99 | 16.41 | 18.36 | 0.82 | 11.56 | 11.00 | 16.72 | 25.27 | 32.31 |
EV/FCF
|
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| 33 | 80 | 93 | 100 | 133 | 160 | 250 | 124 | 92 | 87 |
Op' Cash Flow
|
|||
| (7) | (49) | (1) | (3) | (15) | (42) | (21) | (8) | (4) | (8) |
Capex
|
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| 27 | 31 | 91 | 98 | 118 | 118 | 230 | 117 | 88 | 80 |
FCF
|
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| (139) | (333) | (157) | (51) | (498) | (1,031) | 338 | (161) | 119 | 142 |
Working Cap'
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| 321 | 356 | 563 | 630 | 253 | 249 | 1,428 | 1,067 | 1,293 | 1,674 |
Total Debt
|
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| 20 | 247 | 442 | 509 | (1,019) | 44 | 1,260 | 914 | 1,170 | 1,539 |
Net Debt
|
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| 572 | 602 | 1,039 | 1,153 | 1,484 | 1,517 | 1,585 | 1,662 | 1,703 | 1,663 |
Sh' Equity
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| 0.59% | 0.80% | 1.11% | 1.12% | 0.62% | 0.91% | 1.15% | 0.75% | 0.71% | 0.48% |
ROA
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| 5.47% | 5.42% | 4.74% | 4.43% | 13.04% | 5.76% | 4.32% | 3.32% | 2.88% | 2.11% |
ROIC
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| 5.69% | 7.24% | 8.77% | 8.08% | 4.64% | 7.07% | 9.19% | 6.16% | 5.71% | 3.99% |
ROE
|
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OceanFirst Financial Corp. peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BFC Bank First National Corporation | $1.7B | 19.8× | Compare |
| TCBK TriCo Bancshares | $1.7B | 12.5× | Compare |
| QCRH QCR Holdings, Inc. | $1.7B | 11.9× | Compare |
| RBCAA Republic Bancorp, Inc. | $1.7B | 14.4× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BY Byline Bancorp, Inc. | $1.7B | 11.2× | Compare |
| OBK Origin Bancorp, Inc. | $1.6B | 16.7× | Compare |
| FSUN FirstSun Capital Bancorp | $1.7B | 19.9× | Compare |
| LOB Live Oak Bancshares, Inc. | $1.7B | 13.0× | Compare |
OceanFirst Financial Corp. (OCFC) key facts
- OceanFirst Financial Corp. (OCFC) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- OceanFirst Financial Corp.’s revenue for fiscal 2025 (year ended December 2025) was $687.2 million, down 0.75% from fiscal 2024.
- Net income was $71.0 million, or $1.17 per share (basic), a net margin of 9.77%.
- As of September 25, 2026, OCFC traded at $17.10, a market capitalization of $1.7 billion.
- At that price the stock trades at 20.1× trailing-twelve-month earnings and 1.6× sales.
- OceanFirst Financial Corp. pays an annual dividend of $0.80 per share, a yield of 5.30%, with a payout ratio of 32.8%.
- Return on equity was 3.99% and debt-to-equity 0.97.
OceanFirst Financial Corp. (OCFC) Latest News
23 Sep
OceanFirst Financial (OCFC) is down roughly 9% over the last month and about 7% over the past three months, with a 7-day return near -6.6% and YTD ~-2.6%, though three-year TSR is 37.93%. The stock trades well below estimated fair value and analyst targets after the pullback. A bull case cites a fair value of $21.33 vs last close of $17.37, backed by aggressive growth forecasts, a record commercial loan pipeline ($791M), and expansion into exurban markets, plus Premier Bank deposits (~$115M in 8 weeks; $500M by year-end) that could lower funding costs and boost margins. Risks include weaker loan demand, credit quality, funding costs, and execution on the Flushing integration. Valuation on a forward P/E of 35.7x vs peers ~14.9x suggests upside could be fragile if growth delays materialize. Growth catalysts and a meaningful valuation gap present upside potential but hinge on execution and credit risk.
7 Aug
OceanFirst Financial (OCFC) held its Q2 2026 earnings call covering financial results, performance metrics and management commentary on operations and outlook. Quarterly earnings updates typically affect near-term stock movement and sentiment without fundamentally changing long-term trajectory.
4 Aug
OCFC Q2 results show growth from Flushing acquisition, with integration progress and margin outlook now in focus. Flushing acquisition constitutes major strategic move expected to significantly alter OCFC trajectory and investor sentiment.
31 Jul
OceanFirst Financial Corp (OCFC) Q2 2026 earnings call highlighted transformational Flushing developments as key focus. Transformational Flushing move signals major strategic shift with significant effects on future performance.
OceanFirst Financial Corp. held its Q2 earnings call and presented highlights on financial results, operational updates, and outlook. Q2 earnings call highlights deliver performance details that can moderately shift investor views and near-term stock movement.
OceanFirst Financial Corp. reported Q2 2026 earnings results and provided operational updates during its earnings call. Quarterly earnings updates typically produce moderate effects on near-term stock sentiment without altering long-term fundamentals.
30 Jul
OceanFirst Financial Corp. announced its second quarter financial results. Quarterly earnings releases provide performance data that can shift near-term stock valuation and sentiment.
29 Jun
OceanFirst Financial Corp. completed the previously announced sale of $1.3 billion in New York City multifamily loans. Completion of the $1.3 billion loan sale reduces OceanFirst's New York City multifamily exposure and alters its balance sheet composition.
24 Jun
OceanFirst Financial Corp. carries three major risks that undermine its investment appeal, leading to a recommendation for an alternative stock instead. Negative risk assessment of OCFC is positioned to moderately sway investor sentiment and near-term valuation.
8 Jun
OceanFirst Financial Corp. agrees to sell $1.4 billion of multifamily loans to reposition its balance sheet. $1.4 billion multifamily loan sale marks major strategic balance sheet repositioning that will alter financial metrics and investor sentiment.
1 Jun
OceanFirst Financial Corp. completes merger with Flushing Financial Corporation and receives $225 million strategic investment from Warburg Pincus. Merger plus $225M investment fundamentally strengthens OceanFirst scale, capital base and long-term positioning.
31 May
OceanFirst Financial shareholders approved all proposals tied to the Flushing deal, positioning the company for expanded growth. Shareholder approval of the Flushing deal advances a major strategic expansion for OceanFirst Financial.
12 May
OceanFirst Financial (NASDAQ:OCFC) Q1 earnings exhibit highs and lows compared to other regional bank stocks. Q1 earnings highs and lows versus regional bank peers likely exert moderate influence on OCFC's financial performance and investor sentiment.
5 May
OceanFirst Financial Corp. (OCFC) valuation scrutinized after latest quarterly earnings revealed loan charge-offs. Loan charge-offs post-earnings moderately impact OCFC's financial performance and market sentiment.
28 Apr
Strategic Value Bank Partners opened an $11.6 million position in OceanFirst Financial Corp. (OCFC) ahead of its merger. Major hedge fund's pre-merger stake signals strong confidence in OCFC's strategic merger, likely boosting investor sentiment and stock performance.
27 Apr
OceanFirst Financial Corp. (OCFC) released highlights from its Q1 earnings call, covering financial results, strategic updates, and outlook. Q1 earnings call highlights detail financial performance and guidance, likely driving significant shifts in investor sentiment and stock performance.
OceanFirst Financial Corp. and Flushing Financial Corporation announce receipt of all requisite regulatory and shareholder approvals to complete their proposed merger and reveal the annual meeting date. Receipt of all regulatory and shareholder approvals clears the path for a major merger that will expand OceanFirst's scale, market position, and operational capabilities.
25 Apr
OceanFirst Financial Corp. (OCFC) delivered strong Q1 results featuring loan growth, deposit momentum, and advancing Flushing merger integration. Loan growth, deposit momentum, and Flushing merger progress signal major strategic advancements boosting OCFC's financial trajectory and investor outlook.
OceanFirst Financial Corp (OCFC) reported strong loan growth in Q1 2026 earnings call, highlighting robust performance amid other key financial updates. Strong loan growth signals major positive shift in financial performance and investor sentiment for OCFC.
24 Apr
OceanFirst Financial Corp. (OCFC) released the transcript of its Q1 2026 earnings call. Q1 2026 earnings transcript discloses financial results, guidance, and strategic updates with potential to significantly sway OCFC's market performance and investor outlook.
OceanFirst Financial Corp. released Q1 2026 earnings call summary highlighting quarterly financial results, performance metrics, and forward outlook. Q1 earnings call summary reveals financial performance and guidance affecting investor sentiment and stock trajectory.
23 Apr
OceanFirst Financial Corp. (OCFC) reported first-quarter earnings that exceeded analyst estimates. Beating Q1 earnings estimates indicates robust financial performance likely to enhance stock price and investor sentiment significantly.
Key metrics from OceanFirst Financial Corp. (OCFC) Q1 earnings provide insights into the company's financial performance. Q1 earnings metrics analysis affects financial performance and investor sentiment moderately.
OceanFirst Financial Corp. (NASDAQ:OCFC) missed Q1 CY2026 sales expectations. Q1 CY2026 sales miss will moderately impact financial performance and investor sentiment.
OceanFirst Financial Corp. announced its first quarter financial results. Quarterly financial results influence earnings expectations and stock performance moderately.
21 Apr
OceanFirst Financial Corp. (OCFC) released Q4 2025 earnings call transcript detailing financial results, management discussion, and forward outlook. Q4 earnings transcripts disclose financial performance, strategic updates, and guidance that significantly influence stock price and future trajectory.
OceanFirst Financial Corp. (OCFC) nears Q1 earnings release, highlighting key metrics, analyst expectations, and factors influencing performance. Upcoming Q1 earnings preview may moderately affect OCFC's financial metrics and investor sentiment without fundamentally altering long-term trajectory.
16 Apr
OceanFirst Financial Corp. (OCFC) will report earnings next week, with Wall Street expecting growth. Pre-earnings announcement with expected growth anticipates moderately noticeable influence on financial performance and investor sentiment.
7 Apr
Shareholders of OceanFirst Financial Corp. (OCFC) approved the merger with Flushing Financial Corporation, advancing the $1.07 billion all-stock deal announced in April. Shareholder approval clears a critical hurdle for the OceanFirst-Flushing merger, enabling significant expansion of OCFC's footprint in the New York metro area.
6 Apr
OceanFirst Financial Corp. and Flushing Financial Corporation announced receipt of requisite shareholder approvals for their pending merger transaction. Shareholder approvals clear a major hurdle for the merger, poised to fundamentally transform OCFC's scale, operations, and competitive position.