OceanFirst Financial Balance Sheet Health
Financial Health criteria checks 6/6
OceanFirst Financial has total assets of $13.4B and total equity of $1.7B. Total deposits are $10.2B, and total loans are $10.1B. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $130.4M.
Key information
8.1x
Asset to equity ratio
3.0%
Net interest margin
| Total deposits | US$10.24b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$130.42m |
Recent financial health updates
No updates
Recent updates
OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20
Apr 26
OceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very Attractive
Mar 21OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20
Oct 24OceanFirst Financial (NASDAQ:OCFC) Will Pay A Dividend Of $0.20
Jul 25Should You Be Adding OceanFirst Financial (NASDAQ:OCFC) To Your Watchlist Today?
Mar 08Ocean First Financial goes ex-dividend tomorrow
Aug 04OceanFirst Looking To Disrupt Large, New Loan Markets And Generate Significant Operating Leverage
Mar 03OceanFirst: NJ Acquirer Focused On Efficiency Improvement
Feb 03OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of US$0.17
Feb 01OceanFirst Financial (NASDAQ:OCFC) Has Re-Affirmed Its Dividend Of US$0.17
Nov 04OceanFirst Financial (NASDAQ:OCFC) Is Due To Pay A Dividend Of US$0.17
Aug 03We Think Some Shareholders May Hesitate To Increase OceanFirst Financial Corp.'s (NASDAQ:OCFC) CEO Compensation
May 13Is OceanFirst Financial Corp. (NASDAQ:OCFC) The Right Choice For A Smart Dividend Investor?
Apr 06If You Had Bought OceanFirst Financial (NASDAQ:OCFC) Shares A Year Ago You'd Have Earned 48% Returns
Mar 11Trade Alert: The Independent Director Of OceanFirst Financial Corp. (NASDAQ:OCFC), Michael Devlin, Has Sold Some Shares Recently
Feb 13
Do These 3 Checks Before Buying OceanFirst Financial Corp. (NASDAQ:OCFC) For Its Upcoming Dividend
Feb 02OceanFirst Financial declares $0.17 dividend
Jan 28What Kind Of Investors Own Most Of OceanFirst Financial Corp. (NASDAQ:OCFC)?
Jan 11Need To Know: OceanFirst Financial Corp. (NASDAQ:OCFC) Insiders Have Been Selling Shares
Dec 16Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: OCFC's Assets to Equity ratio (8.1x) is low.
Allowance for Bad Loans: OCFC has a sufficient allowance for bad loans (192%).
Low Risk Liabilities: 87% of OCFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: OCFC has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: OCFC's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: OCFC has an appropriate level of bad loans (0.3%).