Last $14.65 USD
Change Today +0.02 / 0.14%
Volume 200.0
OCFC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Stuttgart
As of 9:30 AM 06/19/13 All times are local (Market data is delayed by at least 15 minutes).

oceanfirst financial corp (OCFC) Snapshot

Open
$14.65
Previous Close
$14.63
Day High
$14.65
Day Low
$14.65
52 Week High
09/28/12 - $14.88
52 Week Low
11/16/12 - $12.43
Market Cap
258.7M
Average Volume 10 Days
33.7K
EPS TTM
$1.07
Shares Outstanding
17.7M
EX-Date
04/25/13
P/E TM
13.7x
Dividend
$0.48
Dividend Yield
3.28%
Current Stock Chart for OCEANFIRST FINANCIAL CORP (OCFC)

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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.

323 Employees
Last Reported Date: 03/15/13
Founded in 1902

oceanfirst financial corp (OCFC) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $490.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $265.3K
First Senior Vice President, General Counsel,...
Total Annual Compensation: $206.0K
Chief Lending Officer of Oceanfirst Bank and ...
Total Annual Compensation: $222.4K
Chief Administrative Officer of Oceanfirst Ba...
Total Annual Compensation: $203.5K
Compensation as of Fiscal Year 2012.

oceanfirst financial corp (OCFC) Key Developments

OceanFirst Financial Corp. Announces Management Changes

OceanFirst Financial Corp. has announced the appointments of Joseph Iantosca and Joseph Lebel III as the new executive vice presidents. Mr. Iantosca, Executive vice president and Chief Administrative Officer, will continue to be responsible for the delivery of essential services such as: retail customer services, loan servicing, marketing, information technology, facilities management and expansion. Mr. Iantosca joined OceanFirst Bank in February 2004 as Senior vice president and Chief Administrative Officer and was appointed First Senior vice president in May 2007. Mr. Lebel, Executive vice president and Chief Lending Officer, will continue to be responsible for the credit culture of the Company, leading the expansion of commercial, small business, residential and consumer borrowing relationships. He was appointed First Senior Vice President and Chief Lending Officer in May 2007.

OceanFirst Financial Corp. Announces Executive Appointments

OceanFirst Financial Corp. has announced the addition of George Destafney and Sean D. Kauffman to the commercial lending team. Destafney will join OceanFirst Bank on May 28 as a senior vice president and senior relationship manager. Kauffman joins OceanFirst Bank as a vice president and senior relationship manager in commercial lending and will be located in the bank's Toms River headquarters.

OceanFirst Financial Corp. Announces Executive Vice President Appointments

OceanFirst Financial Corp. announced two executive vice president appointments made by the bank's board of directors: Joseph R. Iantosca, Chief Administrative officer and Joseph J. Lebel III, Chief Lending officer. Iantosca, executive vice president and chief administrative officer, will continue to be responsible for the delivery of essential services such as: retail customer services, loan servicing, marketing, information technology, facilities management and expansion. These areas provide the extraordinary infrastructure which supports the company's growth strategies. Iantosca joined OceanFirst Bank in February 2004 as senior vice president and chief administrative officer and was appointed first senior vice president in May 2007. Lebel, executive vice president and chief lending officer, will continue to be responsible for the credit culture of the company, leading the expansion of commercial, small business, residential and consumer borrowing relationships.

 

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Industry Analysis

OCFC

Industry Average

Valuation OCFC Industry Range
Price/Earnings 13.7x
Price/Sales 3.1x
Price/Book 1.2x
Price/Cash Flow 13.7x
TEV/Sales NM Not Meaningful
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