OCEANFIRST FINANCIAL CORP (OCFC)
Financials · Regional commercial banking · NASDAQ
A regional bank holding company serving business and retail customers across the Mid-Atlantic (New Jersey through Virginia) with $14.6 billion in assets and a focus on commercial real estate and commercial lending.
What OCEANFIRST FINANCIAL CORP does
OceanFirst Financial Corp. is a bank holding company whose primary subsidiary, OceanFirst Bank N.A., operates as a regional bank serving business and retail customers throughout New Jersey and major metropolitan areas from Massachusetts through Virginia. The bank originates commercial real estate and commercial loans as key focuses, along with residential construction and consumer loans, funded primarily by retail and commercial deposits. In addition to net interest income from loans and securities, the bank generates non-interest income from bankcard services, trust and asset management, mortgage banking, and bank-owned life insurance.
Themes: ["Commercial real estate lending","Regional community banking","Mid-Atlantic banking","Net interest margin expansion","Deposit-funded lending","Trust and asset management"]
Fundamentals
- Price$19.08 as of 2026-07-09 close
- Market cap$1.8B as of 2026-07-10
- 1-year return+0.3% as of 2026-07-09 close
- P/E26.22 as of 2026-07-10
- Net margin+29.6% as of 2026-07-10
- ROE+4.2% as of 2026-07-10
- Debt / equity0.19 as of 2026-07-10
- Revenue growth (YoY)+48.4% as of 2026-07-10
- Beta0.97 as of 2026-07-10
Dividend: yield +4.3%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Interest rate risk and net interest margin compression from changes in monetary policy and market interest rates, which directly impact core profitability","Credit and economic cycle risk from concentration in commercial real estate lending in the Mid-Atlantic region and sensitivity to unemployment and real estate market values","Regulatory and operational risk from large bank regulatory oversight (FDIC, OCC, CFPB) and the pending merger transaction with Flushing Bank, which introduces execution and integration risks"]
Competitors & peers
- Investors Bancorp (IVBK)
- Provident Financial Services (PFS)
- Kearny Financial Corp (KRNY)
- Sterling Bancorp (STL)
- Flushing Bank (related to proposed merger discussion)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.