OCFC OceanFirst Financial Dashboard

OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $10.2 billion regional bank operating throughout New Jersey, metropolitan Philadelphia and metropolitan New York City. OceanFirst Bank delivers commercial and residential financing solutions, trust and asset management and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey.

Company profile

Ticker

OCFC, OCFCP

Exchange

NASDAQ

Website

oceanfirst.com

CEO

Christopher D. Maher

Incorporated

Delaware

Location

New Jersey

Fiscal year end

Dec 31

Sector

Finance and Insurance > Savings Institutions

Industry (SIC)

Savings Institution, Federally Chartered

E Trade Financial • People`s United Financial • Umpqua • Eastern Bankshares • Flagstar Bancorp • TFS Financial • BankUnited • Capitol Federal Financial • Provident Financial Services • Columbia Financial ...

Former names

OCEAN FINANCIAL CORP

SEC CIK

0001004702

Corporate docs

Articles of Incorporation & Bylaws

IRS number

223412577

OCFC stock data

S&P 500

1M 1Y 2Y 5Y

News

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OceanFirst Financial Q2 EPS $0.49 Beats $0.43 Estimate, Sales $74.02M Miss $77.60M Estimate

29 Jul 21

OceanFirst Financial (NASDAQ:OCFC) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.43 by 13.95 percent. This is a 36.11 percent increase over earnings of $0.36 per share

Earnings Scheduled For July 29, 2021

29 Jul 21

Companies Reporting Before The Bell • Smith & Nephew (NYSE:SNN) is projected to report earnings for its second quarter.

OceanFirst Financial's Earnings Outlook

28 Jul 21

OceanFirst Financial (NASDAQ:OCFC) announces its next round of earnings this Thursday, July 29. Here is Benzinga's look at OceanFirst Financial's Q2 earnings report.

Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2021

6 May 21

Stephens & Co. Downgrades OceanFirst Financial to Equal-Weight, Announces $24 Price Target

6 May 21

Press releases

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OceanFirst Financial Corp. Announces Second Quarter Financial Results

29 Jul 21

RED BANK, New Jersey, July 29, 2021 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:"OCFC"), (the "Company"), the holding company for OceanFirst Bank N.A. (the "Bank"), today announced net income available to

OceanFirst Bank N.A. Continues Regional Expansion With Appointments of Daniel Griggs and Tom Crawford

26 Jul 21

RED BANK, N.J., July 26, 2021 (GLOBE NEWSWIRE) -- OceanFirst Bank N.A. ("OceanFirst"), the wholly owned subsidiary of OceanFirst Financial Corp. (NASDAQ:OCFC), announces the addition of two experienced commercial

OceanFirst Financial Corp. Declares Quarterly Cash Dividend for Series A Preferred Stock

20 Jul 21

RED BANK, N.J., July 20, 2021 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:"OCFC"), (the "Company"), announced that its Board of Directors has declared a quarterly cash dividend of $0.4375 per share for every

OceanFirst Financial Corp. Schedules Earnings Conference Call

30 Jun 21

OceanFirst Financial Corp. Announces 2021 Stock Repurchase Program

25 Jun 21

Calendar

6 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart OCFC financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.19B	1.19B	1.19B	1.19B	1.19B	1.19B
Cash burn (monthly)	42.97M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	175.6M	n/a	n/a	n/a	n/a	n/a
Cash remaining	1.01B	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	23.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

OCFC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
7 May 21	Joseph Lebel III	Series A Redeemable Preferred Stock	Buy	Aquire P	No	No	27.82	1,000	27.82K	1,000
3 Mar 21	Christopher Maher	Common Stock	Sell	Dispose S	No	No	23.11	2,641	61.03K	207,974
3 Mar 21	Joseph Lebel III	Common Stock	Sell	Dispose S	No	No	23.11	494	11.42K	136,355
3 Mar 21	Michele B Estep	Common Stock	Sell	Dispose S	No	No	23.11	1,291	29.84K	83,061
3 Mar 21	Karthik Sridharan	Common Stock	Sell	Dispose S	No	No	23.11	2,366	54.68K	55,236

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

OCFC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

67.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	162	141	+14.9%
Opened positions	31	17	+82.4%
Closed positions	10	29	-65.5%
Increased positions	56	56	–
Reduced positions	53	43	+23.3%

13F shares	Current	Prev Q	Change
Total value	2.09B	757.1M	+175.9%
Total shares	40.9M	40.63M	+0.7%
Total puts	3.7K	0	NEW
Total calls	47.6K	0	NEW
Total put/call ratio	0.1	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	5.64M	$135.07M	+12.1%
Dimensional Fund Advisors	3.17M	$76.22M	-1.2%
Vanguard	3.05M	$73.03M	+2.4%
GS Goldman Sachs	1.89M	$45.3M	-0.4%
Endeavour Capital Advisors	1.86M	$44.54M	-5.2%
GW&K Investment Management	1.8M	$43.05M	+42.7%
FJ Capital Management	1.76M	$42.12M	-35.8%
STT State Street	1.63M	$38.92M	+17.1%
IVZ Invesco	1.23M	$29.37M	+3.2%
Geode Capital Management	1.01M	$24.27M	+9.0%

Largest transactions	Shares	Bought/sold	Change
FJ Capital Management	1.76M	-981.6K	-35.8%
Wellington Management	732.82K	-949.01K	-56.4%
Emerald Mutual Fund Advisers Trust	648.3K	+648.3K	NEW
BLK Blackrock	5.64M	+609.25K	+12.1%
Peregrine Capital Management	589.02K	+589.02K	NEW
GW&K Investment Management	1.8M	+537.98K	+42.7%
Emerald Advisers	910.3K	+505.07K	+124.6%
NTRS Northern Trust	889.38K	-304.44K	-25.5%
STT State Street	1.63M	+236.93K	+17.1%
Renaissance Technologies	546.22K	-220.6K	-28.8%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

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From filing 10-Q 2021 Q1