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OceanFirst Financial Corp OCFC

Morningstar Rating
$15.04 −0.33 (2.15%)
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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.

Price vs Fair Value

OCFC is trading within a range we consider fairly valued.
Price
$15.48
Fair Value
$98.58
Uncertainty
Very High
1-Star Price
$34.23
5-Star Price
$68.25
Economic Moat
Pvnq
Capital Allocation
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News

Trading Information

Previous Close Price
$15.37
Day Range
$15.0415.48
52-Week Range
$12.0219.55
Bid/Ask
$15.03 / $15.06
Market Cap
$887.48 Mil
Volume/Avg
36,975 / 348,438

Key Statistics

Price/Earnings (Normalized)
8.68
Price/Sales
2.30
Dividend Yield (Trailing)
5.20%
Dividend Yield (Forward)
5.20%
Total Yield
5.17%

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

Comparables

Valuation

Metric
OCFC
CBNK
HONE
Price/Earnings (Normalized)
8.687.6516.65
Price/Book Value
0.551.040.76
Price/Sales
2.301.632.64
Price/Cash Flow
6.205.8211.72
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
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRNygdvpgYcz$81.5 Bil
ISNPY
Intesa Sanpaolo ADRBwjslmfqzFpf$68.4 Bil
USB
U.S. BancorpVhvwcntygSkpxw$64.1 Bil
PNC
PNC Financial Services Group IncRwkqgjtjyMsxmmnd$62.2 Bil
ITUB
Itau Unibanco Holding SA ADRNzvmjqcswHcqm$57.2 Bil
TFC
Truist Financial CorpGghtnztkVzcbw$50.8 Bil
MFG
Mizuho Financial Group Inc ADRYglvhjgQffm$48.9 Bil
LYG
Lloyds Banking Group PLC ADRSnyztzcfWkdtjn$40.4 Bil
DB
Deutsche Bank AGQbvmKql$35.3 Bil
NWG
NatWest Group PLC ADRGyzwpNdnq$33.5 Bil

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