OceanFirst Financial Corp. (OCFC): Price and Financial Metrics

OCFC POWR Grades

• OCFC scores best on the Growth dimension, with a Growth rank ahead of 92.04% of US stocks.
• The strongest trend for OCFC is in Growth, which has been heading up over the past 177 days.
• OCFC's current lowest rank is in the Quality metric (where it is better than 19.34% of US stocks).

OCFC Stock Summary

• OCFC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.93% of US stocks.
• With a year-over-year growth in debt of 110.67%, OCEANFIRST FINANCIAL CORP's debt growth rate surpasses 88.87% of about US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for OCFC comes in at -27.08% -- higher than that of merely 15.97% of stocks in our set.
• Stocks that are quantitatively similar to OCFC, based on their financial statements, market capitalization, and price volatility, are FBK, BY, FFBC, BFC, and IBTX.
• Visit OCFC's SEC page to see the company's official filings. To visit the company's web site, go to www.oceanfirst.com.

OCFC Valuation Summary

• In comparison to the median Financial Services stock, OCFC's price/earnings ratio is 7.89% higher, now standing at 12.3.
• Over the past 243 months, OCFC's price/sales ratio has gone down 1.

Below are key valuation metrics over time for OCFC.

OCFC Growth Metrics

The year over year revenue growth rate now stands at 7.7%.
• Its year over year cash and equivalents growth rate is now at -82.03%.
• The 3 year net income to common stockholders growth rate now stands at 13.05%.

Over the past 33 months, OCFC's revenue has gone up $93,480,000.

The table below shows OCFC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	389.98	250.919	111.972
2022-06-30	370.075	147.466	97.528
2022-03-31	365.27	180.743	99.122
2021-12-31	369.101	159.972	106.06
2021-09-30	391.931	124.17	116.467
2021-06-30	350.99	190.201	87.285

OCFC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• OCFC has a Quality Grade of C, ranking ahead of 39.68% of graded US stocks.
• OCFC's asset turnover comes in at 0.034 -- ranking 305th of 428 Banking stocks.
• WSBC, PNFP, and EVBN are the stocks whose asset turnover ratios are most correlated with OCFC.

The table below shows OCFC's key quality metrics over time.