OceanFirst Financial Corp. (OCFC)

In the past six months, several events have impacted OceanFirst Financial Corp.'s stock price. In Q3 2025, OceanFirst reported EPS of $0.30, missing estimates, but revenue exceeded expectations; the stock price increased by 1.58% in aftermarket trading, and the company announced outsourcing residential loan origination and title business operations. OceanFirst Financial Corp. announced the pricing of a public offering of $185 million in Subordinated Notes due 2035. Keefe, Bruyette & Woods upgraded OCFC's rating to "Outperform" and raised its price target, DA Davidson maintained a "Neutral" rating but raised its price target, Raymond James issued a "Strong Buy" rating, and Zacks Research downgraded OceanFirst Financial from a "hold" rating to a "strong sell" rating. The company reported $0.49 earnings per share for Q2 2025 with revenue of $93.08 million. As of July 4, 2025, the stock was up 6.3% over the past week, contributing to a one-year return of 27%.

The provided search results do not contain specific information regarding the demand seasonality for OceanFirst Financial Corp.'s products and services. However, demand for certain services can be influenced by broader economic cycles, interest rate environments, and seasonal consumer and business activity. The Q3 2025 earnings call transcript mentions "modest short-term compression on margin in the 4th quarter due to seasonality," suggesting some seasonal impact on their financial performance.

OceanFirst Financial Corp. operates as a bank holding company for OceanFirst Bank N.A., offering community banking and financial services since 1902. The company is based in Toms River, New Jersey, and focuses on community banking within the financial sector. OceanFirst Bank provides services such as accepting deposits, offering loans, and providing residential mortgage financing. They also offer treasury management, cash management, online and mobile banking, and investment advisory services. Revenue is generated from the interest rate spread between loans and deposits, and banking service fees.

OceanFirst Financial Corp. has expanded its geographic footprint through organic growth and acquisitions. The company provides financial services throughout New Jersey and has expanded into the major metropolitan markets of Philadelphia, New York, Baltimore, Boston, and the Greater Washington D.C. area. It operates approximately 37 branch offices and deposit production facilities across New Jersey and the metropolitan areas of New York City and Philadelphia.

OceanFirst Financial Corp. maintains an established brand in its core operating regions, particularly central and southern New Jersey, leveraging a relationship-centric banking model to foster customer loyalty. The company emphasizes its commitment to community well-being, as highlighted by its annual CommUNITYFirst Day. There haven't been any widely reported negative events that significantly impacted OceanFirst Financial Corp.'s brand reputation in the past year. The consistent payment of dividends for 29 consecutive years also contributes positively to its reputation among investors.

OceanFirst Financial Corp. has a diverse ownership base, primarily composed of institutional investors, alongside individual shareholders and company insiders. Institutional investors hold a significant stake, owning over 50% of the company. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors LP. Individual insider ownership is also present, with CEO Christopher Maher owning 0.6% of the company's shares. Insiders collectively own approximately 3.25% of the company's stock. The top 17 shareholders combined own 51% of the company, indicating no single shareholder has a majority.