OceanFirst Financial Corp OCFC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if OCFC is a good fit for your portfolio.
News
Trading Information
- Previous Close Price
- $15.10
- Day Range
- $15.20–15.52
- 52-Week Range
- $12.01–19.58
- Bid/Ask
- $15.48 / $16.14
- Market Cap
- $910.42 Mil
- Volume/Avg
- 213,059 / 341,521
Key Statistics
- Price/Earnings (Normalized)
- 8.49
- Price/Sales
- 2.24
- Dividend Yield (Trailing)
- 5.30%
- Dividend Yield (Forward)
- 5.30%
- Total Yield
- 5.30%
Company Profile
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 services.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 920
- Website
- https://www.oceanfirst.com
Comparables
Valuation
|
Metric
|
OCFC
|
CBNK
|
HONE
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.49 | 7.70 | 17.01 |
Price/Book Value | 0.53 | 1.05 | 0.78 |
Price/Sales | 2.24 | 1.65 | 2.70 |
Price/Cash Flow | 6.06 | 5.86 | 11.97 |
Price/Earnings
OCFC
CBNK
HONE
Financial Strength
|
Metric
|
OCFC
|
CBNK
|
HONE
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
OCFC
|
CBNK
|
HONE
|
|---|---|---|---|
Return on Assets (Normalized) | 1.16% | 1.62% | 0.48% |
Return on Equity (Normalized) | 9.61% | 15.01% | 4.31% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
OCFC
CBNK
HONE
Banks - Regional Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
BNPQY
| BNP Paribas ADR | Lppktrv | Gst | $81.5 Bil | |
ISNPY
| Intesa Sanpaolo ADR | Tclpdtrw | Mgrx | $68.7 Bil | |
USB
| U.S. Bancorp | Tygmllznkv | Gzbd | $64.1 Bil | |
PNC
| PNC Financial Services Group Inc | Qzbpwxtrk | Qxvcszx | $61.3 Bil | |
ITUB
| Itau Unibanco Holding SA ADR | Slsmnwp | Fpp | $55.3 Bil | |
TFC
| Truist Financial Corp | Qsdhzmdxy | Tbbscpb | $50.9 Bil | |
MFG
| Mizuho Financial Group Inc ADR | Mlctltpq | Sgft | $48.5 Bil | |
LYG
| Lloyds Banking Group PLC ADR | Kpfmjqhx | Shtlfrq | $41.2 Bil | |
NWG
| NatWest Group PLC ADR | Bjpkq | Tpqs | $33.2 Bil | |
DB
| Deutsche Bank AG | Kyx | Dgkk | $32.0 Bil |