OCFC icon

OceanFirst Financial

17.12 USD
-0.27
1.55%
At close Jul 29, 4:00 PM EDT
After hours
17.12
+0.00
0.00%
1 day
-1.55%
5 days
-7.26%
1 month
-2.78%
3 months
2.27%
6 months
-6.24%
Year to date
-3.93%
1 year
-4.46%
5 years
4.58%
10 years
-2.28%
 

About: 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 products and services.

Employees: 1,007

0
Funds holding %
of 7,323 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

92% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 13

12% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 69

5% more funds holding

Funds holding: 197 [Q4 2024] → 206 (+9) [Q1 2025]

0.83% more ownership

Funds ownership: 73.48% [Q4 2024] → 74.3% (+0.83%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

5% less capital invested

Capital invested by funds: $778M [Q4 2024] → $740M (-$37.5M) [Q1 2025]

67% less call options, than puts

Call options by funds: $3K | Put options by funds: $9K

Research analyst outlook

We haven’t received any recent analyst ratings for OCFC.

Financial journalist opinion

Based on 8 articles about OCFC published over the past 30 days

Neutral
Seeking Alpha
4 days ago
OceanFirst Financial Corp. (OCFC) Q2 2025 Earnings Call Transcript
OceanFirst Financial Corp. (NASDAQ:OCFC ) Q2 2025 Earnings Conference Call July 25, 2025 11:00 AM ET Company Participants Alfred Goon - Corporate Participant Christopher D. Maher - Chairman, President & CEO Joseph J.
OceanFirst Financial Corp. (OCFC) Q2 2025 Earnings Call Transcript
Negative
Seeking Alpha
4 days ago
OceanFirst Financial: Key Metrics Are Soft
OceanFirst Financial reported a mixed Q2, missing both revenue and earnings expectations, with performance weighed down by rising expenses and asset quality concerns. Loan and deposit growth was positive, but the bank's heavy exposure to commercial real estate loans adds risk and explains the discount to tangible book value. Return metrics and asset quality trends were mixed, with efficiency ratios worsening and return on equity and assets declining compared to prior periods.
OceanFirst Financial: Key Metrics Are Soft
Neutral
Zacks Investment Research
5 days ago
OceanFirst (OCFC) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for OceanFirst (OCFC) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
OceanFirst (OCFC) Reports Q2 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
5 days ago
OceanFirst Financial (OCFC) Misses Q2 Earnings and Revenue Estimates
OceanFirst Financial (OCFC) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.39 per share a year ago.
OceanFirst Financial (OCFC) Misses Q2 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
5 days ago
OceanFirst Financial Corp. Announces Second Quarter Financial Results
RED BANK, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $16.2 million, or $0.28 per diluted share, for the three months ended June 30, 2025, a decrease from $23.4 million, or $0.40 per diluted share, for the corresponding prior year period, and a decrease from $20.5 million, or $0.35 per diluted share, for the linked quarter. For the six months ended June 30, 2025, the Company reported net income available to common stockholders of $36.7 million, or $0.63 per diluted share, a decrease from $51.0 million, or $0.87 per diluted share, for the corresponding prior year period. Selected performance metrics are as follows (refer to “Selected Quarterly Financial Data” for additional information):
OceanFirst Financial Corp. Announces Second Quarter Financial Results
Negative
Zacks Investment Research
1 week ago
Earnings Preview: OceanFirst Financial (OCFC) Q2 Earnings Expected to Decline
OceanFirst (OCFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: OceanFirst Financial (OCFC) Q2 Earnings Expected to Decline
Neutral
GlobeNewsWire
1 week ago
OceanFirst Financial Corp. Announces 2025 Stock Repurchase Program
RED BANK, N.J., July 16, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that its Board of Directors has authorized a 2025 Stock Repurchase Program, under which the Company may repurchase up to 3 million shares, or approximately 5% of its outstanding common stock. This authorization is incremental to the Company's existing 2021 Stock Repurchase Program.
OceanFirst Financial Corp. Announces 2025 Stock Repurchase Program
Neutral
GlobeNewsWire
3 weeks ago
OceanFirst Financial Corp. Schedules Earnings Conference Call
RED BANK, N.J., July 02, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended June 30, 2025, on Thursday, July 24, 2025, after the market close. Management will then conduct a conference call at 11:00 a.m. Eastern Time, on Friday, July 25, 2025, to discuss highlights of the Company's quarterly operating performance.
OceanFirst Financial Corp. Schedules Earnings Conference Call
Positive
Seeking Alpha
3 months ago
OceanFirst Financial: 5% Yield, But We Are Not Buyers
OceanFirst Financial Corp. offers a 5% dividend yield, but concerns about its loan portfolio and asset quality justify a hold/neutral rating. Q1 results were mixed: revenue slightly beat expectations, but net income and EPS declined year-over-year and sequentially. Asset quality metrics are mixed with increased delinquent loans and higher provisions for credit losses, signaling potential risks.
OceanFirst Financial: 5% Yield, But We Are Not Buyers
Neutral
Seeking Alpha
3 months ago
OceanFirst Financial Corp. (OCFC) Q1 2025 Earnings Conference Call Transcript
OceanFirst Financial Corp. (NASDAQ:OCFC ) Q1 2025 Results Earnings Conference Call April 25, 2025 11:00 AM ET Company Participants Alfred Goon - Senior Vice President, Corporate Development and Investor Relations Christopher Maher - Chairman and Chief Executive Officer Joseph Lebel III - President and Chief Operating Officer Patrick Barrett - Executive Vice President and Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Tim Switzer - KBW David Bishop - Hovde Group Christopher Marinac - Janney Montgomery Scott Daniel Tamayo - Raymond James Matthew Breese - Stephens, Inc. Manuel Navas - D.A. Davidson Companies Operator Hello, everyone, and thank you for joining the OceanFirst Financial Corp. Q1 2025 earnings call.
OceanFirst Financial Corp. (OCFC) Q1 2025 Earnings Conference Call Transcript
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