Last $15.91 USD
Change Today -0.26 / -1.61%
Volume 23.7K
OCFC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Stuttgart
As of 8:10 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

oceanfirst financial corp (OCFC) Snapshot

Open
$15.87
Previous Close
$16.17
Day High
$16.11
Day Low
$15.87
52 Week High
01/27/14 - $19.47
52 Week Low
07/25/14 - $13.94
Market Cap
275.8M
Average Volume 10 Days
25.7K
EPS TTM
$0.98
Shares Outstanding
17.3M
EX-Date
07/31/14
P/E TM
16.2x
Dividend
$0.48
Dividend Yield
3.02%
Current Stock Chart for OCEANFIRST FINANCIAL CORP (OCFC)

Related News

No related news articles were found.

oceanfirst financial corp (OCFC) Related Businessweek News

No Related Businessweek News Found

oceanfirst financial corp (OCFC) Details

OceanFirst Financial Corp. operates as a holding company for OceanFirst Bank that provides community banking services to retail, government, and business customers. The company’s deposit products include money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits. Its loan portfolio comprises conventional first mortgage loans secured by one-to-four family residences, residential mortgage loans, commercial real estate loans, multi-family and land loans, and real estate construction loans; consumer loans, such as home equity loans and lines of credit; and commercial loans. In addition, it offers trust and asset management, and merchant check card services; and sells alternative investment products, including mutual funds, annuities, and life insurance. As of April 18, 2013, the company operated 24 branches located in Ocean, Monmouth, and Middlesex Counties, New Jersey. OceanFirst Financial Corp. was founded in 1902 and is based in Toms River, New Jersey.

336 Employees
Last Reported Date: 03/14/14
Founded in 1902

oceanfirst financial corp (OCFC) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $665.5K
President, Chief Operating Officer, Director,...
Total Annual Compensation: $424.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $350.4K
First Senior Vice President, General Counsel,...
Total Annual Compensation: $206.0K
Chief Lending Officer of Oceanfirst Bank and ...
Total Annual Compensation: $306.6K
Compensation as of Fiscal Year 2013.

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

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OCFC:US $15.91 USD -0.26

OCFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Canandaigua National Corp $129.00 USD -1.00
Financial Institutions Inc $22.20 USD -0.61
First Connecticut Bancorp Inc/Farmington CT $14.88 USD -0.22
Suffolk Bancorp $20.25 USD -0.32
First of Long Island Corp/The $35.18 USD -1.11
View Industry Companies
 

Industry Analysis

OCFC

Industry Average

Valuation OCFC Industry Range
Price/Earnings 16.4x
Price/Sales 3.1x
Price/Book 1.3x
Price/Cash Flow 16.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OCEANFIRST FINANCIAL CORP, please visit www.oceanfirst.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.