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OCFC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
18.480
Open
18.280
VWAP
18.17
Vol
1.21M
Mkt Cap
1.04B
Low
17.995
Amount
22.02M
EV/EBITDA(TTM)
23.16
Total Shares
57.60M
EV
2.93B
EV/OCF(TTM)
2.79
P/S(TTM)
2.79
OceanFirst Financial Corp. is the holding company for OceanFirst Bank N.A. (the Bank). The Bank is a regional community bank offering a wide variety of financial products and services to meet the needs of customers in the communities it serves. The Bank's principal business is originating loans, consisting of commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. It delivers commercial and residential financing, treasury management, trust and asset management, and deposit services. It serves business and retail customers throughout New Jersey, New York, Long Island, and the major metropolitan areas from Massachusetts through Virginia. It operates 71 retail branches across New Jersey, New York, Long Island, and Pennsylvania, providing clients with personalized service and a broader range of commercial and consumer banking, wealth, and treasury management capabilities.
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Events Timeline

(ET)
2026-06-02
06:10:00
OceanFirst Financial Files to Sell 22.77M Shares of Common Stock
select
2026-04-27 (ET)
2026-04-27
07:50:00
OceanFirst and Flushing Merger Approved by Federal Reserve
select
2026-04-23 (ET)
2026-04-23
16:40:00
Q1 Tangible Book Value Per Share at $19.86
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2026-04-06 (ET)
2026-04-06
18:30:00
OceanFirst and Flushing Merger Receives Shareholder Approval
select
2026-01-22 (ET)
2026-01-22
16:50:00
OceanFirst Q4 Net Interest Margin Rises to 2.87%
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2025-12-31 (ET)
2025-12-31
04:40:00
Raymond James Downgrades OceanFirst Financial to Market Perform
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2025-12-31
04:40:00
Raymond James Downgrades Flushing Financial to Market Perform
select

News

Newsfilter
8.5
06-01Newsfilter
OceanFirst Completes Merger with Flushing Financial Corporation
  • Merger Completion: OceanFirst Financial Corp. has successfully completed its merger with Flushing Financial Corporation, creating a regional bank with significant market presence across New Jersey, New York, and Long Island, thereby enhancing its competitive edge in deposit-rich markets.
  • Strategic Investment: Concurrently with the merger, OceanFirst secured a $225 million strategic investment from Warburg Pincus, bolstering its capital base and supporting future profitable growth initiatives.
  • Leadership Changes: John Buran, the former CEO of Flushing, has joined OceanFirst as non-executive Chairman of the Board, with the new board comprising 17 members, combining industry expertise from both companies to drive long-term growth post-merger.
  • Community Contribution: OceanFirst will contribute $5 million to its foundation to support nonprofit organizations across its combined markets, reflecting the company's commitment to community responsibility while enhancing its brand image.
NASDAQ.COM
8.5
04-28NASDAQ.COM
Strategic Value Bank Partners Acquires OceanFirst Financial Shares
  • New Investment Position: Strategic Value Bank Partners initiated a new position in OceanFirst Financial during Q1 2026, acquiring 627,333 shares valued at $11.6 million, representing 6.1% of its latest 13F reportable assets, indicating confidence in the bank's future growth prospects.
  • Merger Progress: The all-stock merger between OceanFirst and Flushing Financial has received all necessary regulatory and shareholder approvals, expected to close by June 1, 2026, with a combined asset scale of approximately $23 billion, enhancing competitive positioning in the market.
  • Profitability Improvement: OceanFirst reported a net income of $20.5 million in Q1 2026, exceeding analyst expectations, with net interest income rising 11% year-over-year to $96.4 million, marking the company's fifth consecutive quarter of growth and showcasing strong standalone performance.
  • Positive Market Outlook: Although OceanFirst was not included in The Motley Fool Stock Advisor's top investment stocks, the merger is projected to deliver approximately 16% EPS growth by 2027, attracting long-term investors' interest and reflecting market recognition of its future potential.
Yahoo Finance
8.5
04-28Yahoo Finance
Strategic Value Bank Partners Acquires $11.6 Million Stake in OceanFirst Financial Ahead of Merger
  • Share Acquisition: Strategic Value Bank Partners initiated a position in OceanFirst Financial Corp. by acquiring 627,333 shares valued at $11.6 million in Q1 2026, reflecting confidence in the company, particularly in light of the upcoming merger.
  • Merger Outlook: The merger with Flushing Financial is expected to close by June 1, 2026, resulting in combined assets of approximately $23 billion and projected EPS accretion of about 16% by 2027, significantly enhancing the company's competitive position in the market.
  • Financial Performance: OceanFirst reported a net income of $20.5 million in Q1 2026, exceeding analyst expectations, with net interest income rising 11% year-over-year to $96.4 million, indicating robust performance leading into the merger and laying a solid foundation for future growth.
  • Investment Strategy: The acquisition by Strategic Value Bank suggests a long-term optimistic view on the combined value of OceanFirst post-merger, despite the presence of other more attractive investment options in the market, highlighting a sustained focus on the regional banking sector.
Fool
8.5
04-28Fool
Strategic Value Bank Acquires OceanFirst Shares
  • Share Acquisition: Strategic Value Bank Partners initiated a position in OceanFirst Financial Corp. by acquiring 627,333 shares in Q1 2026, valued at approximately $11.6 million, indicating confidence in the bank's future growth prospects.
  • Ownership Significance: Following the acquisition, OceanFirst represented 6.1% of Strategic Value's 13F reportable AUM, highlighting its importance within the fund's investment portfolio.
  • Merger Outlook: The merger with Flushing Financial is expected to close by June 1, 2026, with projected EPS accretion of about 16%, significantly enhancing the company's competitive position in the market.
  • Financial Performance: OceanFirst reported a net income of $20.5 million in Q1 2026, exceeding analyst expectations, while net interest income grew by 11% year-over-year, demonstrating strong standalone performance ahead of the merger.
seekingalpha
8.5
04-27seekingalpha
OceanFirst and Flushing Merger Receives Approvals
  • Merger Approval: OceanFirst Financial and Flushing Financial announced they have received all necessary regulatory and shareholder approvals, marking a significant step towards their merger, which is expected to close by June 1, 2026, enhancing market competitiveness.
  • Regulatory Endorsement: The U.S. Federal Reserve approved the deal on April 24, following earlier clearances from the New York State Department of Financial Services and the Office of the Comptroller of the Currency, indicating strong regulatory support for the merger.
  • Shareholder Backing: Shareholders of both firms approved the transaction on April 2, reflecting investor confidence in the merger's prospects, which is anticipated to create synergies and enhance shareholder value.
  • Annual Meeting Arrangement: OceanFirst plans to hold its annual shareholder meeting virtually on May 27, 2026, further strengthening communication and engagement with shareholders to ensure transparency and participation.
moomoo
8.5
04-27moomoo
FLUSHING FINANCIAL CORP - FEDERAL RESERVE AUTHORIZES MERGER WITH OCEANFIRST ON APRIL 24, 2026 - SEC FILING
  • Approval of Combination: The Federal Reserve System has approved the combination of Flushing Financial Corp and OceanFirst Financial Corp.

  • Effective Date: This merger is set to take effect on April 24, 2026, following SEC filing.

Wall Street analysts forecast OCFC stock price to rise
3 Analyst Rating
Wall Street analysts forecast OCFC stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
19.00
Averages
20.50
High
22.00
Current: 0.000
sliders
Low
19.00
Averages
20.50
High
22.00
Piper Sandler
Manuel Navas
Neutral
initiated
$19
AI Analysis
2026-06-12
Reason
Piper Sandler
Manuel Navas
Price Target
$19
AI Analysis
2026-06-12
initiated
Neutral
Reason
Piper Sandler analyst Manuel Navas assumed coverage of OceanFirst Financial with a Neutral rating and $19 price target. The firm sees \"middling profitability\" for the bank as it digests the Flushing Financial acquisition.
DA Davidson
NULL
to
Buy
initiated
$19
2025-10-27
Reason
DA Davidson
Price Target
$19
2025-10-27
initiated
NULL
to
Buy
Reason
DA Davidson assumed coverage of OceanFirst Financial with a Buy rating and price target of $19, up from $18.50. The firm says trends for the tcompany's Premier Bank are positive.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OCFC
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Valuation Metrics

The current forward P/E ratio for OceanFirst Financial Corp (OCFC.O) is 10.50, compared to its 5-year average forward P/E of 10.27. For a more detailed relative valuation and DCF analysis to assess OceanFirst Financial Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.27
Current PE
10.50
Overvalued PE
11.86
Undervalued PE
8.67

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
1.61
Current EV/EBITDA
8.55
Overvalued EV/EBITDA
7.21
Undervalued EV/EBITDA
-3.99

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.55
Current PS
1.37
Overvalued PS
3.09
Undervalued PS
2.02

Financials

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Quarterly

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Frequently Asked Questions

What is OceanFirst Financial Corp (OCFC) stock price today?

The current price of OCFC is 18.03 USD — it has decreased -0.28

What is OceanFirst Financial Corp (OCFC)'s business?

OceanFirst Financial Corp. is the holding company for OceanFirst Bank N.A. (the Bank). The Bank is a regional community bank offering a wide variety of financial products and services to meet the needs of customers in the communities it serves. The Bank's principal business is originating loans, consisting of commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. It delivers commercial and residential financing, treasury management, trust and asset management, and deposit services. It serves business and retail customers throughout New Jersey, New York, Long Island, and the major metropolitan areas from Massachusetts through Virginia. It operates 71 retail branches across New Jersey, New York, Long Island, and Pennsylvania, providing clients with personalized service and a broader range of commercial and consumer banking, wealth, and treasury management capabilities.

What is the price predicton of OCFC Stock?

Wall Street analysts forecast OCFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OCFC is20.50 USD with a low forecast of 19.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is OceanFirst Financial Corp (OCFC)'s revenue for the last quarter?

OceanFirst Financial Corp revenue for the last quarter amounts to 93.89M USD, increased 7.12

What is OceanFirst Financial Corp (OCFC)'s earnings per share (EPS) for the last quarter?

OceanFirst Financial Corp. EPS for the last quarter amounts to 0.36 USD, increased 2.86

How many employees does OceanFirst Financial Corp (OCFC). have?

OceanFirst Financial Corp (OCFC) has 898 emplpoyees as of June 20 2026.

What is OceanFirst Financial Corp (OCFC) market cap?

Today OCFC has the market capitalization of 1.04B USD.