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OceanFirst Financial

OCFC and OCFCP

OceanFirst Financial Corp is a regional bank holding company that operates primarily through its subsidiary, OceanFirst Bank N.A. The company provides a broad range of commercial and retail banking services, including loan origination, deposit products, and wealth management.

Market cap
$1.68B+76.9%
Revenue$410.2M+6.9%
Net income$70.0M-24.7%
Free cash flow$106.4M+1.8%
EPS (diluted)$1.17-23.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$179.2M
EPS estimate$0.47

Financials

Q1 2026

Income statement

See full
Revenue$103.2M+5.4%
Net income$20.5M-4.7%
EPS (diluted)$0.36+2.9%

Balance sheet

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Cash & equivalents$137.0M-16.3%
Total debt$1.5B+29.7%
Total equity$1.7B-2.3%
Total assets$14.6B+9.4%

Cash flow

See full
Operating cash flow$25.2M+1,512%
CapEx$2.0M+5.2%
Free cash flow$23.3M+739%

Valuation & ratios

Valuation

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Market cap$1.68B+76.9%
Enterprise value$3.06B+54.5%
P/E24×+13.3×
P/S4.1×+1.7×

Profitability

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Net margin17.1%-7.2pp
FCF margin25.9%

Returns & leverage

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Return on equity4.1%-1.4pp
Debt / equity0.9×+0.2×

Segments

By product

See full
Fees and service charges$2.8M-40.3%
Trust and asset management revenue$433.0K+6.7%

Competitors

Profile

OceanFirst Financial Corp is a regional bank holding company that operates primarily through its subsidiary, OceanFirst Bank N.A. The company provides a broad range of commercial and retail banking services, including loan origination, deposit products, and wealth management. Its core value proposition centers on delivering personalized local expertise and decision-making to customers across the Mid-Atlantic region.

Competitive position

One of the largest and oldest financial institutions in New Jersey, positioning itself as a community-focused alternative to national money-center banks.

GeographiesNew Jersey, New York, Pennsylvania, Delaware, Massachusetts, Maryland, District of Columbia, Virginia
Customer segmentsRetail, Commercial, Governmental
Business modelInterest Income, Fee-based Services, Asset Management
SuppliersFederal Reserve Bank, Federal Home Loan Bank (FHLB), Depositors, Equity Investors
CustomersSmall and Medium Enterprises, Real Estate Developers, Residential Homebuyers, Local Municipalities
Listed1996
Employees920.0
CEOChristopher D. Maher
FilingsSEC EDGAR

FAQ

What is OceanFirst Financial's market cap?
OceanFirst Financial (OCFC) has a market capitalization of $1.7B and trades on NASDAQ.
What is OceanFirst Financial's revenue and profitability?
OceanFirst Financial generated $410.2M in trailing twelve-month revenue with net income of $70.0M, representing a net margin of 17.1%, with free cash flow of $106.4M. These figures are based on the Q1 2026 filing.
Who are OceanFirst Financial's competitors?
OceanFirst Financial's key competitors include WaFd, Inc. Common Stock, JPMorgan Chase & Co., Valley National Bancorp, and others. These companies compete in similar markets and product categories.
Who does OceanFirst Financial partner with?
OceanFirst Financial's notable partners include Warburg Pincus, Flushing Financial Corp, Freddie Mac, and others.
What subsidiaries does OceanFirst Financial have?
OceanFirst Financial's subsidiaries include OceanFirst Bank N.A., Spring Garden Capital Group, LLC, OceanFirst Risk Management, Inc., and others.
Where is OceanFirst Financial headquartered?
OceanFirst Financial is headquartered in United States of America and employs approximately 920 people. It has been publicly traded since 1996.