OceanFirst Financial Corp.

NasdaqGS:OCFC Stock Report

Market Cap: US$1.1b

OceanFirst Financial Future Growth

Future criteria checks 5/6

OceanFirst Financial is forecast to grow earnings and revenue by 55.9% and 35% per annum respectively while EPS is expected to grow by 37.6% per annum.

Key information

55.9%

Earnings growth rate

37.64%

EPS growth rate

Banks earnings growth8.2%
Revenue growth rate35.0%
Future return on equityn/a
Analyst coverage

Good

Last updated12 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 06

OCFC: Higher Fair Value And Share Count Discipline Will Support Future Upside

Analysts now set their fair value estimate for OceanFirst Financial at $22.00, compared with the prior $21.80, reflecting updated views on revenue growth, profit margins, and a lower assumed future P/E multiple. What's in the News OceanFirst Financial reported net loan charge-offs of $701,000 for the quarter ended March 31, 2026, compared with $636,000 for the same period a year earlier (Key Developments).
Seeking Alpha • Apr 27

OceanFirst Financial: Rare Discount To Tangible Book Ahead Of Merger

Summary OceanFirst Financial is finalizing its merger with Flushing Financial, creating a $23 billion asset regional bank with enhanced commercial focus. OCFC reported Q1 2026 adjusted EPS of $0.43, beating consensus by $0.04, with strong commercial loan growth and stable deposits. Net interest margin expanded to 2.93% in Q1, with post-merger expectations of 3.2% in 2027 on this metric, and asset quality remains among the top in the sector. OCFC trades slightly below tangible book value ($19.08 vs. $19.86) and offers a 4%+ dividend yield, presenting an attractive risk/reward ahead of the merger. Read the full article on Seeking Alpha
Narrative Update • Apr 21

OCFC: Stable Outlook And Capital Return Program Will Support Future Upside

Analysts have maintained their $21.80 price target for OceanFirst Financial, with only slight tweaks to the discount rate, margin and P/E inputs. This reflects a broadly steady view of the bank's valuation profile.
Narrative Update • Apr 06

OCFC: Share Repurchases And Upcoming Meeting Will Support Future Upside Potential

Analysts have inched their price target for OceanFirst Financial slightly lower from $22.00 to $21.80, tying the adjustment to small tweaks in fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Completed repurchase of 2,773,716 shares, about 4.73% of outstanding shares, for roughly $45.22 million under the buyback first announced on June 25, 2021, with no additional shares bought between October 1, 2025 and December 31, 2025 (Key Developments).
Narrative Update • Mar 23

OCFC: Warburg Pincus Equity Infusion Will Support Future Upside Potential

Analysts are keeping their price target for OceanFirst Financial steady at $22.00, reflecting updated assumptions for discount rate, revenue growth, profit margin, and future P/E that leave their overall valuation view unchanged. What's in the News OceanFirst Financial reported net loan charge-offs of $1,974,000 for the three months ended December 31, 2025, giving you a fresh data point on recent credit costs (Key Developments).
Narrative Update • Mar 07

OCFC: Warburg Pincus Capital Injection Will Support Future Upside Potential

Analysts have raised their price target on OceanFirst Financial to $22.00. The change primarily reflects updated assumptions for profit margins and a higher future P/E multiple, rather than a revision to their fair value estimate.
Narrative Update • Feb 20

OCFC: Warburg Pincus Capital And Warrant Structure Will Support Future Upside

Narrative Update Overview Analysts have modestly lifted their price target for OceanFirst Financial from $21.40 to $22.00, citing updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers behind this change. What's in the News OceanFirst Financial Corp.
Narrative Update • Jan 28

OCFC: Warburg Pincus Capital And Warrants Will Support Future Upside

Analysts have nudged their price target for OceanFirst Financial to about $21.40, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News OceanFirst Financial Corp.
Narrative Update • Jan 12

OCFC: Warburg Pincus Investment And Warrants Will Support Future Earnings Recovery

Analysts have trimmed their fair value estimate for OceanFirst Financial from about US$21.67 to roughly US$21.33. This reflects updated views on discount rates, revenue growth, profit margins and future P/E assumptions.
Narrative Update • Dec 26

OCFC: Earnings Should Improve As Credit And Margins Normalize With Buybacks Supporting Shares

Analysts raised their price target on OceanFirst Financial by approximately $1.50 to about $22.00 per share, citing expectations for improving earnings driven by normalizing credit, net interest margins, expenses, and contributions from recent strategic investments. Analyst Commentary Bullish Takeaways Bullish analysts view the upgrade in rating and higher price target as evidence that earnings are poised to inflect higher over the next several years, which may support multiple expansion from current levels.
Narrative Update • Dec 11

OCFC: Earnings Should Improve As Credit And Margins Normalize Amid Fair Valuation

Analysts have raised their price target on OceanFirst Financial by $2 to $22.00, citing expectations for an earnings inflection over the next few years as credit, net interest margins, expenses, and returns improve alongside a normalizing yield curve and contributions from recent strategic investments. Analyst Commentary Bullish analysts view the recent upgrade and higher price target as a reflection of improving fundamentals and a clearer path to earnings growth, particularly as macro headwinds begin to ease.
Narrative Update • Nov 27

OCFC: Earnings Will Recover As Credit And Margins Normalize

OceanFirst Financial’s analyst price target was raised by $2 to $22 per share, as analysts cite improving earnings prospects. These prospects are driven by expectations of credit normalization, stabilized net interest margins, and benefits from recent strategic initiatives.
Narrative Update • Nov 11

OCFC: Earnings Recovery Will Accelerate As Credit Conditions Improve

OceanFirst Financial's analyst price target has increased from $20 to $22 per share, as analysts cite expectations for stronger earnings growth due to improving credit conditions and benefits from strategic investments. Analyst Commentary Bullish analysts have highlighted several factors supporting their positive outlook and price target increase for OceanFirst Financial.
Narrative Update • Oct 28

Normalizing Credit And Digital Focus Will Drive Stronger Returns Ahead

Analysts have raised their price target for OceanFirst Financial from $20.29 to $21.50. They cite anticipated improvements in earnings, which are expected to result from a more favorable credit environment, stabilized net interest margins, and the positive impact of ongoing strategic investments.
Analysis Article • Oct 28

OceanFirst Financial (NASDAQ:OCFC) Will Pay A Dividend Of $0.20

The board of OceanFirst Financial Corp. ( NASDAQ:OCFC ) has announced that it will pay a dividend of $0.20 per share on...
Analysis Article • Jul 28

OceanFirst Financial (NASDAQ:OCFC) Has Affirmed Its Dividend Of $0.20

OceanFirst Financial Corp.'s ( NASDAQ:OCFC ) investors are due to receive a payment of $0.20 per share on 15th of...
Analysis Article • Apr 28

OceanFirst Financial (NASDAQ:OCFC) Has Affirmed Its Dividend Of $0.20

OceanFirst Financial Corp.'s ( NASDAQ:OCFC ) investors are due to receive a payment of $0.20 per share on 16th of May...
Seeking Alpha • Feb 08

OceanFirst Financial Will Likely Call Its Preferred Shares

Summary OceanFirst Financial's Q4 performance was weaker than expected due to higher loan loss provisions, resulting in a lower net income of $21.9M. The preferred stock remains attractive with a current yield of 6.97%, but investors should be cautious of potential calls due to high future dividend costs. Management is considering partial redemption of preferred shares to manage capital costs. A full call would boost EPS on common shares by $0.10 annually. I hold a long position in OceanFirst’s preferred shares and I am monitoring the stock for potential investment in common shares, trading at a 6% discount to tangible book value. Read the full article on Seeking Alpha
Seeking Alpha • Jan 24

OceanFirst Financial: A Depressed Valuation Opportunity

Summary OceanFirst Financial, a New Jersey-based regional bank, recently achieved "large institution" status under the Volcker Rule by surpassing $10 billion in assets. The bank's conservative lending approach results in lower returns on assets but exceptional credit performance and a high-quality, diversified deposit base. OceanFirst trades at a reasonable 10.4x earnings multiple with a 4.42% dividend yield, making it an attractive investment for improving returns and prudent capital allocation. Potential regulatory changes could drive consolidation in the fragmented U.S. regional banking industry, making OceanFirst a desirable acquisition target for larger multi-regional banks. Read the full article on Seeking Alpha
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New Narrative • Oct 20

Acquisitions And Critical Expansion Propel Financial Growth Amid Challenges

Strategic acquisitions and focus on expanding lending are expected to drive diverse revenue growth and enhance future earnings.
Seeking Alpha • Sep 10

OceanFirst Financial: 7% Yield Still Attractive Despite Call Risk

Summary OceanFirst Financial's preferred shares are safer due to a higher CET1 ratio and substantial common equity, despite weak earnings and decreasing net interest income. Preferred dividends are well-covered, requiring less than 5% of Q2 income, making them secure even with a significant increase in loan loss provisions. Preferred shares trade slightly above par with a 6.98% yield, but the approaching call date and potential floating rate increase to 11.8% heighten call risk. Read the full article on Seeking Alpha
Analysis Article • Jul 23

OceanFirst Financial (NASDAQ:OCFC) Is Paying Out A Dividend Of $0.20

OceanFirst Financial Corp.'s ( NASDAQ:OCFC ) investors are due to receive a payment of $0.20 per share on 16th of...
Seeking Alpha • Jul 02

OceanFirst Financial At Risk Of Treading Water Without Competitive Differentiation

Summary OceanFirst lacks many of the frequent drivers of bank stock outperformance, including mid-to-high single-digit revenue and book value growth, double-digit ROE, and strong customer satisfaction scores. Despite improving loan yields, OceanFirst continues to struggle with spread pressure from higher funding costs, as the bank lacks a truly attractive core deposit franchise. Credit risk seems contained, but the size of the office and multifamily portfolios make them a "watch item" even with OceanFirst's excellent credit quality history. OceanFirst can certainly expect to benefit from a Fed rate cut cycle, and double-digit earnings growth in FY'25/'26 seems plausible, but it's hard to argue for differentiation or a sustainable bull thesis here. Read the full article on Seeking Alpha
Analysis Article • Apr 26

OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20

OceanFirst Financial Corp. ( NASDAQ:OCFC ) will pay a dividend of $0.20 on the 17th of May. This means the annual...
Seeking Alpha • Mar 21

OceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very Attractive

Summary OceanFirst Financial is a regional bank headquartered in New Jersey with a strong focus on three states. The bank's preferred shares have well-covered dividends and are expected to continue increasing in value towards the $25 call price. The bank's common shares are currently trading at a discount to tangible book value and have a low earnings multiple, making them an attractive investment option. Read the full article on Seeking Alpha
Analysis Article • Oct 24

OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20

OceanFirst Financial Corp. ( NASDAQ:OCFC ) will pay a dividend of $0.20 on the 17th of November. The dividend yield...

Earnings and Revenue Growth Forecasts

NasdaqGS:OCFC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027760232N/AN/A5
12/31/202660182N/AN/A5
3/31/202639767106114N/A
12/31/2025389678087N/A
9/30/2025379759096N/A
6/30/2025376824349N/A
3/31/2025371893644N/A
12/31/2024377968592N/A
9/30/20243811021321N/A
6/30/2024376979098N/A
3/31/2024386101140146N/A
12/31/2023386100117124N/A
9/30/2023420126184192N/A
6/30/2023438144207220N/A
3/31/2023435145202217N/A
12/31/2022429143230250N/A
9/30/2022390112216251N/A
6/30/202237098109147N/A
3/31/202236599136181N/A
12/31/2021369106118160N/A
9/30/202139211692124N/A
6/30/202135187164190N/A
3/31/20213397688106N/A
12/31/202032761118133N/A
9/30/202028753135146N/A
6/30/202031384115122N/A
3/31/202030784120126N/A
12/31/201929789N/A100N/A
9/30/201929292N/A112N/A
6/30/201928791N/A118N/A
3/31/201928288N/A123N/A
12/31/201827272N/A93N/A
9/30/201825055N/A80N/A
6/30/201823044N/A84N/A
3/31/201820836N/A76N/A
12/31/201719242N/A80N/A
9/30/201718639N/A50N/A
6/30/201717535N/A48N/A
3/31/201716131N/A37N/A
12/31/201613823N/A33N/A
9/30/201612122N/A53N/A
6/30/201610518N/A28N/A
3/31/20169319N/A31N/A
12/31/20159220N/A28N/A
9/30/20158920N/A34N/A
6/30/20158820N/A35N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCFC's forecast earnings growth (55.9% per year) is above the savings rate (3.5%).

Earnings vs Market: OCFC's earnings (55.9% per year) are forecast to grow faster than the US market (16.8% per year).

High Growth Earnings: OCFC's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OCFC's revenue (35% per year) is forecast to grow faster than the US market (11.6% per year).

High Growth Revenue: OCFC's revenue (35% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if OCFC's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 08:15
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OceanFirst Financial Corp. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MarinacBrean Capital Historical (Janney Montgomery)
null nullD.A. Davidson & Co.
Peter WinterD.A. Davidson & Co.