Oceanfirst Financial (OCFC)
NASDAQ:OCFC
Top Page
Oceanfirst Financial
(NASDAQ:OCFC)
Select Model
Select Model
Rating:60Neutral
Price Target:
$19.50
▲(2.74% Upside)
Action:ReiteratedDate:04/08/26
Overall score reflects moderate financial performance with deteriorating revenue/margins and higher leverage as the main constraint, partly offset by constructive earnings-call guidance (expected NII/NIM improvement and strong asset quality) and supportive valuation via a solid dividend yield and reasonable P/E. Technical signals are mixed and do not materially strengthen the outlook.
Positive Factors
Loan Growth & Originations
Sustained high origination volumes (~$1bn quarterly) and a $474M quarter loan increase provide a durable base for net interest income growth. Persistent loan pipeline and capacity to originate at scale support long-term NII expansion and balance-sheet-driven earnings power across rate cycles.
Negative Factors
Revenue & Margin Compression
Multi-year revenue cooling and a sharp net margin decline indicate structural pressure on earnings power and operating leverage. Persistently lower margins reduce ROE and limit reinvestment capacity, making profitability more vulnerable absent sustained NII growth or expense reductions.
Read all positive and negative factors
Positive Factors
Negative Factors
Loan Growth & Originations
Sustained high origination volumes (~$1bn quarterly) and a $474M quarter loan increase provide a durable base for net interest income growth. Persistent loan pipeline and capacity to originate at scale support long-term NII expansion and balance-sheet-driven earnings power across rate cycles.
Read all positive factors
Oceanfirst Financial (OCFC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.09B
Dividend Yield4.05%
Average Volume (3M)329.98K
Price to Earnings (P/E)14.5
Beta (1Y)1.01
Revenue Growth-2.15%
EPS Growth-25.32%
CountryUS
Employees975
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.41
Shares Outstanding57,402,016
10 Day Avg. Volume457,239
30 Day Avg. Volume329,978
Financial Highlights & Ratios
PEG Ratio-0.50
Price to Book (P/B)0.62
Price to Sales (P/S)1.57
P/FCF Ratio12.96
Enterprise Value/Market Cap2.38
Enterprise Value/Revenue3.92
Enterprise Value/Gross Profit7.15
Enterprise Value/Ebitda25.08
Forecast
1Y Price Target
$21.00Price Target Upside10.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.91
Revenue Forecast (FY)$632.40M
Oceanfirst Financial Business Overview & Revenue Model
Company Description
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand ...
How the Company Makes Money
OceanFirst Financial primarily makes money through traditional banking activities. The largest driver is typically net interest income: the bank earns interest and fees on loans and other interest-earning assets and pays interest on deposits and o...
Oceanfirst Financial Earnings Call Summary
Earnings Call Date:Jan 29, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 23, 2026
Earnings Call Sentiment Positive
The call emphasized strong organic loan growth, consecutive quarters of net interest income expansion, robust asset quality, improved tangible book value and a strategic merger to expand market scale. Offsetting these positives were modest margin compression, a decline in noninterest income tied to the residential/title outsourcing, transaction-related and restructuring costs, and some isolated deposit repricing events. Management maintained positive forward guidance (mid- to high-single-digit loan and deposit growth and NIM expected to move past 3% during the year) and highlighted capital strength and dividend continuity.Positive Updates
Earnings Per Share (EPS)
Reported EPS of $0.23 on a fully diluted GAAP basis and $0.41 on a core basis for Q4 2025.
Negative Updates
Net Interest Margin Compression
Net interest margin declined modestly to 2.87% (a small sequential contraction, noted as roughly 3 basis points), pressured by mix shifts, loan yield moderation and certain deposit repricing.
Read all updates
Q4-2025 Updates
Positive
Negative
Earnings Per Share (EPS)
Reported EPS of $0.23 on a fully diluted GAAP basis and $0.41 on a core basis for Q4 2025.
Read all positive updates
Company Guidance
Management reiterated its prior full‑year guidance: mid‑ to high‑single‑digit loan and deposit growth with net interest income expected to grow at a high‑single‑digit rate for the year and NIM to expand past 3% (NII to ramp in H2 and margins to improve a few basis points each quarter), other income of $7–9 million per quarter, and core noninterest expenses roughly flat to current run rates (Q1 core operating expense run‑rate $70–71 million); they also noted Q1 has ~2% fewer days (a seasonal NII headwind), an expected effective tax rate of ~23–25% (Q4 was 22%), and that the executed credit risk transfer provided roughly a 50‑basis‑point CET1 benefit at an annual pretax cost of < $4 million (CET1 ~10.7% today).Oceanfirst Financial Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
58
Neutral
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 655.60M | 687.95M | 636.96M | 485.30M | 388.84M |
| Gross Profit | 357.19M | 372.12M | 381.04M | 423.83M | 363.92M |
| EBITDA | 93.27M | 145.20M | 153.17M | 210.40M | 157.12M |
| Net Income | 70.98M | 100.06M | 104.03M | 146.60M | 110.08M |
Balance Sheet | |||||
| Total Assets | 14.56B | 13.42B | 13.54B | 13.10B | 11.74B |
| Cash, Cash Equivalents and Short-Term Investments | 1.37B | 951.12M | 907.61M | 625.59M | 773.20M |
| Total Debt | 1.63B | 1.26B | 1.05B | 1.48B | 349.81M |
| Total Liabilities | 12.90B | 11.72B | 11.88B | 11.52B | 10.22B |
| Stockholders Equity | 1.66B | 1.70B | 1.66B | 1.58B | 1.52B |
Cash Flow | |||||
| Free Cash Flow | 79.51M | 84.68M | 116.55M | 229.55M | 117.93M |
| Operating Cash Flow | 87.21M | 92.24M | 124.26M | 250.45M | 159.97M |
| Investing Cash Flow | -1.18B | 106.40M | -488.00M | -1.32B | -1.48B |
| Financing Cash Flow | 1.10B | -228.75M | 349.47M | 1.01B | 223.99M |
Oceanfirst Financial Technical Analysis
Positive
18.98
Price Trends
18.51
Positive
18.54
Positive
18.03
Positive
Market Momentum
0.04
Negative
64.98
Neutral
92.46
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OCFC, the sentiment is Positive. The current price of 18.98 is above the 20-day moving average (MA) of 17.91, above the 50-day MA of 18.51, and above the 200-day MA of 18.03, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 64.98 is Neutral, neither overbought nor oversold. The STOCH value of 92.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OCFC.
Oceanfirst Financial Risk Analysis
Oceanfirst Financial disclosed 34 risk factors in its most recent earnings report. Oceanfirst Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Oceanfirst Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $1.23B | 8.28 | 9.13% | 5.30% | 0.11% | -18.63% | |
72 Outperform | $1.17B | 9.33 | 11.96% | 3.44% | 9.93% | 17.67% | |
72 Outperform | $1.71B | 10.56 | 8.28% | ― | 4.44% | 3.19% | |
68 Neutral | $1.12B | 8.92 | 10.11% | 1.24% | 10.42% | -18.32% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $1.21B | 6.42 | 11.20% | 3.39% | 9.55% | 27.32% | |
60 Neutral | $1.09B | 14.52 | 4.77% | 4.05% | -2.15% | -25.32% |
* Financial Sector Average
OCFC
Oceanfirst Financial
18.98
3.96
26.40%
OSBC
Old Second Bancorp
21.19
5.99
39.44%
PEBO
Peoples Bancorp
34.14
7.51
28.20%
TMP
Tompkins Financial Corporation
84.20
25.94
44.53%
CTBI
Community Bancorp
64.20
17.80
38.37%
FSUN
FirstSun Capital Bancorp
36.65
2.15
6.23%
Oceanfirst Financial Corporate Events
Business Operations and StrategyM&A TransactionsRegulatory Filings and ComplianceShareholder Meetings
OceanFirst Shareholders Advance Flushing Merger, Reject Warburg Exemption
Positive
Apr 7, 2026
At a special meeting held on April 6, 2026, OceanFirst stockholders approved the issuance of OceanFirst common stock and related securities to Flushing shareholders and Warburg Pincus affiliates as required for the pending merger, with 42,020,260 ...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsRegulatory Filings and Compliance
OceanFirst updates investors amid proposed Flushing merger risks
Neutral
Jan 29, 2026
In January 2026, OceanFirst Financial Corp. prepared an investor presentation, tied to its fourth-quarter 2025 results, to be used in meetings with current and prospective investors after January 29, 2026 and to be posted on its website, offering ...
DividendsFinancial Disclosures
OceanFirst Financial Reports Mixed Earnings, Declares Quarterly Dividend
Negative
Jan 22, 2026
On January 22, 2026, OceanFirst Financial Corp. reported that net income available to common stockholders fell to $13.1 million, or $0.23 per diluted share, for the quarter ended December 31, 2025, down from $20.9 million a year earlier and $17.3 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.