OceanFirst Net Income

OCFC
 Stock
  

USD 20.87  0.29  1.41%   

OceanFirst Financial Corp fundamentals help investors to digest information that contributes to OceanFirst Financial's financial success or failures. It also enables traders to predict the movement of OceanFirst Stock. The fundamental analysis module provides a way to measure OceanFirst Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to OceanFirst Financial stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
The current year Net Income is expected to grow to about 118.8 M. The current year Net Income Common Stock is expected to grow to about 109.9 M.

OceanFirst Net Income Analysis

OceanFirst Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

OceanFirst Financial Net Income

118.77 Million

Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
More About Net Income | All Equity Analysis

Current OceanFirst Financial Net Income

    
  97.53 M  
Most of OceanFirst Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OceanFirst Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

OceanFirst Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for OceanFirst Financial is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Net Income. Since OceanFirst Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of OceanFirst Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of OceanFirst Financial's interrelated accounts and indicators.

OceanFirst Net Income Historical Pattern

Today, most investors in OceanFirst Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various OceanFirst Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of OceanFirst Financial net income as a starting point in their analysis.
   OceanFirst Financial Net Income   
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       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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OceanFirst Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(1.5 Million)

OceanFirst Financial Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting. The past year's Accumulated Other Comprehensive Income was at (1.39 Million)
Based on the recorded statements, OceanFirst Financial Corp reported net income of 97.53 M. This is 92.37% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The net income for all United States stocks is 82.92% higher than that of the company.

OceanFirst Financial Current Valuation Drivers

We derive many important indicators used in calculating different scores of OceanFirst Financial from analyzing OceanFirst Financial's financial statements. These drivers represent accounts that assess OceanFirst Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of OceanFirst Financial's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee62.09 K80.64 K95.86 K62.63 K117.48 K126.75 K
Revenue Per Employee315.64 K349.19 K379.83 K440.71 K416.14 K347.2 K
Average Assets3.99 B5.3 B7.58 B8.13 B9.34 B10.08 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA40.61 M73.67 M98.02 M119.75 M137.71 M148.58 M
Earnings Before Interest Taxes and Depreciation Amortization USD40.61 M73.67 M98.02 M119.75 M137.71 M148.58 M
Earnings before Tax35.2 M65.33 M85.5 M107.36 M123.46 M133.21 M
Average Equity409.87 M592.04 M1.02 B1.14 B1.31 B1.42 B
Enterprise Value849.63 M1.01 B1.58 B1.84 B2.11 B2.28 B
Free Cash Flow26.75 M31.43 M81.06 M95.17 M109.45 M118.09 M
Invested Capital5.1 B5.58 B7.66 B8.44 B9.7 B10.47 B
Invested Capital Average4.12 B5.4 B7.72 B8.25 B9.48 B10.23 B
Market Capitalization776.3 M855.29 M1.09 B1.29 B1.48 B1.6 B
Tangible Asset Value5.01 B5.26 B7.16 B7.86 B9.03 B9.75 B

OceanFirst Financial Institutional Holders

Institutional Holdings refers to the ownership stake in OceanFirst Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of OceanFirst Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing OceanFirst Financial's value.
Security TypeSharesValue
Peregrine Capital Management LlcCommon Shares616.3 K11.8 M
Wedge Capital Management L L PCommon Shares355.4 K6.8 M
Allspring Global Investments Holdings LlcCommon Shares319.9 K6.1 M
Russell Investments Group LtdCommon Shares243.3 K4.7 M
State Of New Jersey Common Pension Fund DCommon Shares120.1 K2.3 M
Comerica BankCommon Shares100.6 KM
Addison Capital CoCommon Shares86.2 K1.6 M

OceanFirst Fundamentals

About OceanFirst Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OceanFirst Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OceanFirst Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OceanFirst Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Net Income110.1 M118.8 M
Net Income Common Stock101.9 M109.9 M
Net Income Per Employee117.5 K126.8 K
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. The company was founded in 1902 and is based in Red Bank, New Jersey. OceanFirst Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 894 people.

OceanFirst Financial Investors Sentiment

The influence of OceanFirst Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in OceanFirst. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to OceanFirst Financial's public news can be used to forecast risks associated with investment in OceanFirst. The trend in average sentiment can be used to explain how an investor holding OceanFirst can time the market purely based on public headlines and social activities around OceanFirst Financial Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
OceanFirst Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for OceanFirst Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average OceanFirst Financial's news discussions. The higher the estimate score, the more favorable is the investor's outlook on OceanFirst Financial.

OceanFirst Financial Implied Volatility

    
  0.0  
OceanFirst Financial's implied volatility exposes the market's sentiment of OceanFirst Financial Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if OceanFirst Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that OceanFirst Financial stock will not fluctuate a lot when OceanFirst Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OceanFirst Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OceanFirst Financial's short interest history, or implied volatility extrapolated from OceanFirst Financial options trading.

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Please check OceanFirst Financial Piotroski F Score and OceanFirst Financial Altman Z Score analysis. Note that the OceanFirst Financial Corp information on this page should be used as a complementary analysis to other OceanFirst Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running OceanFirst Financial Corp price analysis, check to measure OceanFirst Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
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Is OceanFirst Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.041
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.0085
Return On Equity
0.0674
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine OceanFirst Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.