OceanFirst Financial Corp (OCFC)

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers in the United States. The company accepts deposit products, such as money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, including brokered deposits. It 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, loans on savings accounts, overdraft line of credit, and other consumer loans. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. government and agencies, corporate securities, and other investments; and provides bankcard services, trust and asset management products and services, deposit account services, sales of loans and investments, bank owned life insurance and commercial loan swap income. The company was founded in 1902 and is headquartered in Toms River, New Jersey.

Symbol
OCFC
Exchange
Nasdaq
Sector
Financial Services
Industry
Banks - Regional
Market cap
$1.22B
52 week range
16.99 - 20.61

Valuation

Share price
$17.00 (close of 2026-09-23)
P/E (TTM)
20.20x
Price to book
0.51x
Price to free cash flow
10.83x
Enterprise value
$3.17B
Book value per share
$34.33

Price performance

PeriodChange
1 day-3.24%
5 days-8.60%
1 month-10.81%
3 months-8.31%
6 months-4.92%
Year to date-5.29%
1 year-5.19%
3 years+16.04%
5 years-16.67%
10 years-12.24%
All time+140.11%

Profitability and growth

Return on equity
4.27%
Return on assets
0.49%
Net margin
11.05%
EBITDA margin
59.93%
Revenue growth
0.04%
Net income growth
-29.07%
Free cash flow growth
-6.10%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.24%
Net debt to EBITDA
5.20x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$642.45M
EBITDA
$385.00M
Net income
$70.98M
Earnings per share
$1.17
Interest expense
$282.23M
Shares outstanding
57.42M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$642.45M$70.98M$1.17
2024-12-31$642.17M$100.06M$1.65
2023-12-31$607.97M$104.03M$1.70
2022-12-31$431.18M$146.60M$2.43
2021-12-31$342.09M$110.08M$1.79
2020-12-31$379.61M$63.31M$1.02
2019-12-31$308.79M$88.57M$1.77
2018-12-31$276.65M$71.93M$1.54
2017-12-31$188.83M$42.47M$1.32
2016-12-31$133.43M$23.05M$1.00

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3111.05%4.27%
2024-12-3115.58%5.88%
2023-12-3117.11%6.26%
2022-12-3134.00%9.25%
2021-12-3132.18%7.26%
2020-12-3116.68%4.27%
2019-12-3128.68%7.68%
2018-12-3126.00%6.92%
2017-12-3122.49%7.06%
2016-12-3117.27%4.03%

Cash and debt by year

Period endCashDebt
2025-12-31$135.13M$255.23M
2024-12-31$123.61M$197.55M
2023-12-31$153.72M$196.46M
2022-12-31$167.99M$195.40M
2021-12-31$224.78M$229.14M
2020-12-31$1.32B$235.47M
2019-12-31$133.23M-
2018-12-31$122.33M-
2017-12-31$109.61M-
2016-12-31$301.37M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$79.51M$4.87M
2024-12-31$84.68M$6.08M
2023-12-31$116.55M$5.85M
2022-12-31$234.34M$6.64M
2021-12-31$117.93M$5.42M
2020-12-31$117.93M$4.26M
2019-12-31$95.17M$3.86M
2018-12-31$81.06M$3.04M
2017-12-31$31.43M$2.18M
2016-12-31$26.75M$1.50M

Dividend history

Most recent payment
2026-08-10
Paid in the last twelve months
$0.80
Payment dateDividend per share
2026-08-10$0.20
2026-04-27$0.20
2026-02-02$0.20
2025-11-03$0.20
2025-08-04$0.20
2025-05-05$0.20
2025-02-03$0.20
2024-11-04$0.20

Investor relations

Next earnings report

Next confirmed report
2026-10-28
Consensus EPS estimate
$0.42

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$0.42
2026-04-23--
2026-01-22--
2025-10-22--
2025-07-24--
2025-04-24--
2025-01-23--
2024-10-17--

Filings and sources

Company website
oceanfirst.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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