# OceanFirst Financial Corp. (OCFC)

> Source: Nexqual · https://nexqual.com/OCFC · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, OceanFirst Financial Corp. (OCFC), nexqual.com/OCFC" · informational, not investment advice.

**Price:** USD 16.62 (+3.23% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 16.1 · day 16–16.65 · 52w 15.6–20.61 · market cap $1.61B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $442M, net income $47.9M (10.8% margin) (SEC filings).
- Valuation: P/E 33.5x (avg 11.6x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold OCFC (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $2.3M; 2 not under a Rule 10b5-1 plan ($2.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.43 on a 1–5 scale) (7 analysts), mean target USD 21.42 (range 18–25).
- Total return with dividends: 1Y -4.7% vs S&P 500 +14.9%; 5Y -6.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 0.4, revenue estimate $179M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $357M | $437M | $403M | $384M | $405M | $442M |
| Net income | $110M | $147M | $104M | $100M | $71.0M | $47.9M |
| EPS (diluted) | $1.78 | $2.42 | $1.70 | $1.65 | $1.17 | — |
| Free cash flow | $118M | $234M | $117M | $84.7M | $79.5M | $113M |
| Net margin | 30.8% | 33.6% | 25.8% | 26.0% | 17.5% | 10.8% |
| Revenue growth | -7.7% | +22.2% | -7.6% | -4.7% | +5.4% | — |
| Cash + short-term investments | $225M | $168M | $154M | $124M | $135M | — |
| Total debt | $229M | $195M | $196M | $198M | $255M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 33.5x · P/S 3.6x · P/FCF 14.3x · P/B 0.7x · FCF yield 7.02% · Earnings yield 2.98% · Dividend yield (paid, TTM) 2.86% · Buyback yield (TTM) 0.47%
P/E at fiscal year-ends: Dec 2025 14.5x, Dec 2024 10.5x, Dec 2023 9.8x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold OCFC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Third Avenue Management |  | 0.77% | $4.8M | Unchanged |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-31 | Schaeffer Brian |  | 5,500 | $104K | 6% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-08-07 | Buran John R | Director | 113,463 | $2.2M | 50% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.43 on a 1–5 scale), 7 analysts; mean target USD 21.42 (low 18, high 25).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Piper Sandler | Target lowered | Neutral | $21 → $18 |
| 2026-08-05 | Piper Sandler | Target raised | Neutral | $19 → $21 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -4.7% | -6.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -4.7% | -1.3% |
| Volatility (annualized) | 25.8% | 30.7% |
| Max drawdown | -22.1% (Jul 2026→Oct 2026) | -48.6% (Jan 2023→Oct 2023) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 3.95 -2.47% · FITB (Fifth Third Bancorp) USD 53.23 +0.80% · TFC (Truist Financial Corporation) USD 48.42 +1.45% · DB (Deutsche Bank AG) USD 31.48 -2.39% · NWG (NatWest Group plc) USD 16.99 -2.30% · NU (Nu Holdings Ltd.) USD 14.73 -2.13%

## More
Full page: https://nexqual.com/OCFC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Fees and service charges | $3.4M | — | -31.8% |
| Trust and asset management revenue | $384,000 | — | +2.7% |
| Total revenue | — | 100% | — |

## Company outlook (8-K filed 2026-07-31)

- "Additionally, the allowance for credit losses increased to 1.29% of total loans receivable. • Operating Expenses: The Company anticipates full integration of Flushing's operations and systems in the third quarter of 2026."
- "The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. 14 OceanFirst Financial Corp ."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.40 | $0.49 | -17.5% | $178.6M | 7 |
| Next quarter (ends 2026-12-31) | $0.49 | $0.52 | -5.6% | $182.3M | 6 |
| Current fiscal year (ends 2026-12-31) | $1.75 | $1.86 | -5.9% | $595.7M | 7 |
| Next fiscal year (ends 2027-12-31) | $2.27 | $2.31 | -1.9% | $756.6M | 7 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-12-18 (includes earnings 2026-10-27): ±32.0%; last 8 reports averaged ±2%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-12-18 | 56 | 56.2% | ±32.0% |
| 2027-03-19 | 147 | 41.5% | ±22.0% |