OCFC

MKT CAP:$1B

OceanFirst Financial Corp.

Market Cap

$1B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$18.78+$0.94 (+5.27%)

Apr 22, 2026

Company Details

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing ...

CEO

Christopher D. Maher

IPO Date

Jul 3, 1996

Website

www.oceanfirst.com

Key Metrics TTM

Revenue

$665M

-2.4% YoY

Net Income

$70M

EPS (Diluted)

$1.17

Free Cash Flow

$80M

Revenue / Share

$11.66

Gross Margin

65.0%

Operating Margin

9.6%

Net Margin

10.5%

FCF Margin

12.0%

P/S

1.6x

P/E

15.7x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$168M+2.8%EPS $0.36

FY 2025

Feb 27, 2026

$656M-4.7%EPS $1.17

Q4 2025

Feb 27, 2026

$158MEPS $0.23

Q3 2025

Nov 4, 2025

$173M-1.0%EPS $0.30

Q2 2025

Aug 4, 2025

$165M-2.3%EPS $0.28

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$97M	$90M	$27M
Q1 22	$99M	$90M	$34M
Q3 22	$124M	$109M	$51M
Q4 22	$157M	$129M	$71M
Q1 23	$140M	$97M	$37M
Q2 23	$158M	$99M	$37M
Q3 23	$168M	$90M	$27M
Q4 23	$171M	$96M	$36M
Q1 24	$173M	$97M	$39M
Q2 24	$169M	$89M	$32M
Q3 24	$175M	$95M	$33M
Q1 25	$164M	$91M	$28M
Q2 25	$165M	$95M	$25M
Q3 25	$173M	$98M	$23M
Q4 25	$158M	$78M	$17M
Q1 26	$168M	$162M	-$164.0K

Valuation

Quarter	P/S	P/E
Q4 21	3.4x	12.0x
Q1 22	3.2x	11.8x
Q3 22	2.7x	10.0x
Q4 22	2.7x	9.0x
Q1 23	2.1x	7.5x
Q2 23	1.6x	6.4x
Q3 23	1.4x	6.5x
Q4 23	1.6x	9.8x
Q1 24	1.4x	8.9x
Q2 24	1.3x	9.0x
Q3 24	1.6x	10.2x
Q1 25	1.4x	9.9x
Q2 25	1.5x	11.4x
Q3 25	1.5x	12.3x
Q4 25	1.7x	15.7x
Q1 26	1.5x	14.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	-$20M	-$31M
Q4 21	$41M	$25M
Q1 22	$58M	$50M
Q3 22	$84M	$76M
Q4 22	$40M	$39M
Q1 23	$24M	$22M
Q2 23	$72M	$69M
Q3 23	$55M	$53M
Q4 23	-$27M	-$28M
Q1 24	$46M	$45M
Q2 24	$24M	$20M
Q3 24	-$22M	-$23M
Q1 25	-$2M	-$4M
Q2 25	$29M	$27M
Q3 25	$24M	$23M
Q4 25	$36M	$33M

Capital Expenditures

Quarter	CapEx
Q3 21	$11M
Q4 21	$16M
Q1 22	$8M
Q3 22	$7M
Q4 22	$2M
Q1 23	$2M
Q2 23	$3M
Q3 23	$1M
Q4 23	$2M
Q1 24	$680.0K
Q2 24	$4M
Q3 24	$1M
Q1 25	$2M
Q2 25	$1M
Q3 25	$2M
Q4 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	-17.6%	-5.4%
Q1 22	-5.3%	+6.8%
Q3 22	+32.6%	+37.7%
Q4 22	+66.6%	+37.6%
Q1 23	+44.6%	+47.6%
Q2 23	+59.6%	+85.7%
Q3 23	+35.0%	+92.4%
Q4 23	+9.4%	+57.1%
Q1 24	+23.6%	+29.4%
Q2 24	+7.3%	+14.0%
Q3 24	+4.2%	+1.0%
Q1 25	-4.4%	+0.4%
Q2 25	-4.3%	+5.2%
Q3 25	+2.4%	+9.4%
Q4 25	-9.8%	-1.0%
Q1 26	+2.8%	+24.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	$2M	2.0%
Q4 21	$2M	2.4%
Q1 22	$2M	2.2%
Q3 22	$2M	1.8%
Q4 22	$2M	1.5%
Q1 23	$2M	1.8%
Q2 23	$2M	1.3%
Q3 23	$2M	1.2%
Q4 23	$1M	0.8%
Q1 24	$2M	1.0%
Q2 24	$2M	1.1%
Q3 24	$2M	1.0%
Q1 25	$2M	1.2%
Q2 25	$1M	0.7%
Q3 25	$1M	0.7%
Q4 25	$2M	1.1%

OpEx Breakdown

Quarter	G&A	S&M
Q4 21	$41M	$614.0K
Q1 22	$33M	$616.0K
Q3 22	$36M	$655.0K
Q4 22	$17M	$705.0K
Q1 23	$36M	$982.0K
Q2 23	$37M	$961.0K
Q3 23	$38M	$1M
Q4 23	$37M	$1M
Q1 24	$36M	$990.0K
Q2 24	$36M	$1M
Q3 24	—	$1M
Q1 25	$40M	$1M
Q2 25	$43M	$2M
Q3 25	$44M	$2M
Q4 25	$5M	$1M
Q1 26	$3M	$963.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$189M	$507M	$696M
Q3 22	$171M	$470M	$641M
Q4 22	$168M	$458M	$626M
Q1 23	$496M	$452M	$948M
Q2 23	$458M	$452M	$910M
Q3 23	$409M	$453M	$862M
Q4 23	$154M	$754M	$908M
Q1 24	$130M	$745M	$875M
Q2 24	$181M	$721M	$903M
Q3 24	$214M	$912M	$1.1B
Q4 24	$124M	$828M	$951M
Q1 25	$164M	$746M	$910M
Q2 25	$171M	$736M	$906M
Q3 25	$274M	$1.3B	$1.5B
Q4 25	$135M	$1.2B	$1.4B
Q1 26	$137M	$1.2B	$1.3B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	59M	-0.8%	-1.7%
Q1 22	59M	-0.1%	-1.9%
Q3 22	59M	-0.2%	-1.9%
Q4 22	59M	-0.1%	-1.3%
Q1 23	59M	+0.3%	-0.2%
Q2 23	59M	+0.4%	+0.4%
Q3 23	59M	-0.1%	+0.5%
Q4 23	59M	+0.0%	+0.6%
Q1 24	59M	-0.6%	-0.2%
Q2 24	58M	-0.7%	-1.3%
Q3 24	58M	-0.5%	-1.8%
Q1 25	58M	+0.1%	-1.7%
Q2 25	58M	-0.4%	-1.5%
Q3 25	57M	-1.5%	-2.3%
Q4 25	57M	-0.1%	-1.9%
Q1 26	57M	+0.2%	-1.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$110.6K	874
Q1 22	$113.1K	874
Q3 22	$142.4K	874
Q4 22	$174.8K	896
Q1 23	$156.1K	896
Q2 23	$176.1K	896
Q3 23	$187.5K	896
Q4 23	$191.2K	896
Q1 24	$192.9K	896
Q2 24	$189.0K	896
Q3 24	$195.4K	896
Q1 25	$172.2K	951
Q2 25	$173.9K	951
Q3 25	$182.3K	951
Q4 25	$175.8K	898
Q1 26	$187.4K	898

Revenue / Employee