OceanFirst Financial/$OCFC

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About OceanFirst Financial

OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management products and services.

Ticker

$OCFC
Primary listing

Industry

Banks

Employees

1,003

ISIN

US6752341080

OCFC Metrics

BasicAdvanced
$1.1B
12.42
$1.53
0.92
$0.80
4.21%

What the Analysts think about OCFC

Analyst ratings (Buy, Hold, Sell) for OceanFirst Financial stock.

Bulls say / Bears say

OceanFirst Financial Corp. received investment grade ratings from Moody's, placing it among the top 1% of U.S. banks, which could enhance its credibility and reduce borrowing costs. (stocktitan.net)
The company declared its 113th consecutive quarterly cash dividend, demonstrating a consistent commitment to returning value to shareholders. (nasdaq.com)
Analysts have set a price target of $22.00 for OceanFirst Financial, indicating potential upside from its current trading price. (defenseworld.net)
Net income for Q1 2025 decreased to $20.5 million from $27.7 million in the same quarter the previous year, indicating a decline in profitability. (nasdaq.com)
The provision for credit losses increased to $5.3 million in Q1 2025, up from $591,000 in the same quarter last year, reflecting heightened credit risk amid macroeconomic uncertainties. (nasdaq.com)
Operating expenses rose to $64.3 million in Q1 2025 from $58.7 million in the prior year, driven by increases in compensation and benefits, which may pressure future margins. (nasdaq.com)
Data summarised monthly by Lightyear AI. Last updated on 10 Jul 2025.

OCFC Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

OCFC Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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