Oceanfirst Financial (OCFC) AI Stock Analysis

• Market Cap: $1.01B
• Dividend Yield: 4.54%
• Average Volume (3M): 296.07K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.25
• Revenue Growth: -0.91%
• EPS Growth: -14.86%
• Country: US
• Employees: 975
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.31
• Shares Outstanding: 57,385,350
• 10 Day Avg. Volume: 315,350
• 30 Day Avg. Volume: 296,068
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.05
• Enterprise Value/Revenue: 3.04
• Enterprise Value/Gross Profit: 5.62
• Enterprise Value/Ebitda: 15.38
• 1Y Price Target: $19.33
• Price Target Upside: 12.84% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 71 Outperform
• Price Target: $19.00 ▲(10.92% Upside)

Oceanfirst Financial's overall stock score reflects a combination of solid financial performance, attractive valuation, and positive earnings call insights. The company's operational efficiency and strategic initiatives, such as share repurchases, are strengths. However, challenges in revenue growth and cash flow generation, along with mixed technical indicators, temper the overall outlook.

Oceanfirst Financial Business Overview & Revenue Model

Company Description

OceanFirst Financial (OCFC) is a financial holding company based in New Jersey that primarily operates through its wholly-owned subsidiary, OceanFirst Bank. The company provides a range of banking products and services, including personal and commercial banking, mortgage lending, and wealth management. OceanFirst serves a diverse customer base, focusing on both retail and commercial clients, and has a presence in various sectors including residential real estate, small business lending, and investment services.

How the Company Makes Money

OceanFirst Financial generates revenue primarily through interest income from loans and investments, as well as non-interest income from service fees and wealth management services. The bank earns interest on loans made to individuals and businesses, which typically represents the largest portion of its revenue. Additionally, OceanFirst charges fees for account maintenance, ATM usage, and transaction services, contributing to its non-interest income. The company also engages in mortgage lending, which adds to its interest income. Strategic partnerships with local businesses and real estate developers further enhance its lending portfolio and client base, fostering growth and stability in its earnings.

Oceanfirst Financial Financial Statement Overview

Summary

Oceanfirst Financial's financial performance shows a mixed picture. Strong operational efficiency is evident with stable EBIT and EBITDA margins, but there are notable challenges in revenue growth and profitability, as evidenced by a decline in net profit margin and negative revenue growth rate. The balance sheet is solid with a conservative debt-to-equity ratio, but limited asset growth could restrict future opportunities. Cash flow is under pressure, with significant decreases impacting financial flexibility.

Income Statement

Oceanfirst Financial's income statement shows a solid gross profit margin of 53.98% for TTM (Trailing-Twelve-Months), reflecting strong cost management. However, there was a slight decline in net profit margin to 13.69% TTM from the previous year, indicating pressure on net profitability. The revenue growth rate was negative at -1.32%, suggesting a challenge in sustaining top-line growth. EBIT and EBITDA margins remained stable, indicating good operational efficiency.

Balance Sheet

The balance sheet indicates a moderate debt-to-equity ratio of 0.68, implying a conservative leverage position. ROE stood at 5.44% TTM, showing moderate return for shareholders. The equity ratio is stable at 12.84%, which is healthy for a regional bank, indicating a solid capital structure. However, total assets and stockholders’ equity showed minimal growth, pointing to limited expansion in asset base.

Cash Flow

The cash flow statement highlights a significant decrease in operating cash flow, down to $44.35 million TTM. Free cash flow showed a reduction, impacting the company's ability to reinvest and distribute cash to shareholders. The operating cash flow to net income ratio was 0.48, indicating less cash generation relative to reported net income. Overall, cash flow generation appears to be under pressure.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	687.95M	636.96M	485.30M	388.84M	433.82M
Gross Profit	372.12M	381.04M	423.83M	363.92M	307.76M
EBITDA	145.20M	153.17M	210.40M	157.12M	95.77M
Net Income	100.06M	104.03M	146.60M	110.08M	63.31M
Balance Sheet
Total Assets	13.42B	13.54B	13.10B	11.74B	11.45B
Cash, Cash Equivalents and Short-Term Investments	951.12M	907.61M	625.59M	773.20M	1.46B
Total Debt	1.26B	1.05B	1.48B	349.81M	363.93M
Total Liabilities	11.72B	11.88B	11.52B	10.22B	9.96B
Stockholders Equity	1.70B	1.66B	1.58B	1.52B	1.48B
Cash Flow
Free Cash Flow	84.68M	116.55M	229.55M	117.93M	117.93M
Operating Cash Flow	92.24M	124.26M	250.45M	159.97M	132.66M
Investing Cash Flow	106.40M	-488.00M	-1.32B	-1.48B	-22.17M
Financing Cash Flow	-228.75M	349.47M	1.01B	223.99M	1.07B

Oceanfirst Financial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.13
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OCFC, the sentiment is Negative. The current price of 17.13 is above the 20-day moving average (MA) of 17.05, below the 50-day MA of 17.38, and below the 200-day MA of 17.41, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 49.32 is Neutral, neither overbought nor oversold. The STOCH value of 84.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OCFC.

Oceanfirst Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTBI	78 Outperform	$1.02B	11.07	11.99%	3.34%	10.85%	17.66%
SBSI	74 Outperform	$919.85M	10.86	10.65%	4.71%	3.54%	4.47%
BRKL	73 Outperform	$957.87M	12.21	6.43%	5.02%	2.23%	2.59%
OCFC	71 Outperform	$1.01B	12.44	5.28%	4.54%	-0.91%	-14.86%
Sector *	68 Neutral	$17.53B	11.77	10.43%	3.83%	9.84%	1.31%
CNOB	68 Neutral	$1.22B	28.33	2.75%	3.02%	3.58%	-52.78%
TMP	56 Neutral	$963.45M	12.02	11.06%	3.78%	31.82%	460.57%

Oceanfirst Financial Corporate Events

OceanFirst Financial Reports Q2 2025 Earnings Decline

OceanFirst Financial Corp. announced a decrease in net income for the second quarter of 2025, with earnings of $16.2 million, or $0.28 per diluted share, compared to $23.4 million, or $0.40 per diluted share, in the same period the previous year. The company also declared a quarterly cash dividend of $0.20 per share, payable on August 15, 2025. Despite the decline in earnings, OceanFirst reported a significant increase in its commercial loan pipeline and launched a new Premier Banking service, which has already attracted $115 million in new deposits.

The most recent analyst rating on (OCFC) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Oceanfirst Financial stock, see the OCFC Stock Forecast page.

OceanFirst Financial Announces New Stock Repurchase Program

On July 16, 2025, OceanFirst Financial Corp. announced a new 2025 Stock Repurchase Program, authorizing the repurchase of up to 3 million shares, approximately 5% of its outstanding common stock. This move is intended to enhance capital deployment flexibility and respond to market conditions, while supporting organic growth and strategic initiatives, reflecting the company’s confidence in its investment potential.

The most recent analyst rating on (OCFC) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Oceanfirst Financial stock, see the OCFC Stock Forecast page.

OceanFirst Financial 2025 Annual Meeting Outcomes

OceanFirst Financial held its 2025 Annual Meeting on May 19, 2025, where shareholders voted on several key matters. Thirteen directors were elected for a one-year term, and an advisory vote approved the compensation for the company’s named executive officers. Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified.

The most recent analyst rating on (OCFC) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Oceanfirst Financial stock, see the OCFC Stock Forecast page.