Last $16.19 USD
Change Today +0.28 / 1.76%
Volume 7.4K
OCFC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Stuttgart
As of 11:28 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

oceanfirst financial corp (OCFC) Key Developments

OceanFirst Financial Corp. Announces Dividend, Payable on August 15, 2014

OceanFirst Financial Corp. announced that the Board of Directors also declared the company's quarterly cash dividend on common stock. The dividend for the quarter ended June 30, 2014 of $0.12 per share will be paid on August 15, 2014 to shareholders of record on August 4, 2014.

Oceanfirst Financial Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Announces Net Charge-Offs

OceanFirst Financial Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported income before provision for income taxes was $7,884,000, net income of $5,117,000 or $0.30 diluted per share on net interest income of $18,159,000 against income before provision for income taxes was $7,761,000, net income of $4,987,000 or $0.29 diluted per share on net interest income of $17,544,000 for the same period a year ago. Return on average assets was 0.90% against 0.87% for the same period a year ago. Return on average stockholders' equity was 9.45% against 9.06% for the same period a year ago. The increase in net income were primarily due to higher net interest income and a reduction in the provision for loan losses, partly offset by higher operating expenses. Additionally, earnings per share benefited from the reduction in average shares outstanding. For the six months, the company reported income before provision for income taxes was $15,154,000, net income of $9,824,000 or $0.58 diluted per share on net interest income of $36,224,000 against income before provision for income taxes was $14,594,000, net income of $9,424,000 or $0.55 diluted per share on net interest income of $34,733,000 for the same period a year ago. Return on average assets was 0.86% against 0.82% for the same period a year ago. Return on average stockholders' equity was 9.09% against 8.56% for the same period a year ago. The company reported net charge-offs was $273,000 against $474,000 for the same period a year ago.

OceanFirst Financial Corp. to Report Q2, 2014 Results on Jul 24, 2014

OceanFirst Financial Corp. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 24, 2014

OceanFirst Financial Corp., Q2 2014 Earnings Call, Jul 25, 2014

OceanFirst Financial Corp., Q2 2014 Earnings Call, Jul 25, 2014

OceanFirst Financial Corp. Presents at KBW's 15th Annual Community Bank Investor Conference, Jul-29-2014 08:00 AM

OceanFirst Financial Corp. Presents at KBW's 15th Annual Community Bank Investor Conference, Jul-29-2014 08:00 AM. Venue: The Grand Hyatt Grand Central, New York, New York, United States. Speakers: Christopher D. Maher, President, Chief Operating Officer, Director, President of Oceanfirst Bank, Chief Operating Officer of Oceanfirst Bank and Director of Oceanfirst Bank, John R. Garbarino, Chairman, Chief Executive Officer, Chairman of OceanFirst Bank and Chief Executive Officer of OceanFirst Bank, Michael J. Fitzpatrick, Chief Financial Officer, Principal Accounting Officer, Executive Vice President, Chief Financial Officer of OceanFirst Bank and Executive Vice President of OceanFirst Bank.

 

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OCFC

Industry Average

Valuation OCFC Industry Range
Price/Earnings 16.2x
Price/Sales 3.0x
Price/Book 1.2x
Price/Cash Flow 16.5x
TEV/Sales NM Not Meaningful
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