Company Information

  

Address: 975 HOOPER AVE  
City: TOMS RIVER 
State: NJ 
Zip Code: 08753-8396 
Telephone: 732-240-4500 

Description of Business

Primary SIC Code: 6035
(As filed with the SEC)  

OceanFirst Financial Corp. (the "Company") is incorporated under Delaware law and serves as the holding company for OceanFirst Bank (the "Bank"). At December 31, 2016, the Company had consolidated total assets of $5.2 billion and total stockholders' equity of $572.0 million. The Company is a savings and loan holding company subject to regulation by the Board of Governors of the Federal Reserve System (the "FRB") and the Securities and Exchange Commission ("SEC"). The Bank is subject to regulation and supervision by the Office of the Comptroller of the Currency ("OCC") and the Federal Deposit Insurance Corporation ("FDIC"). Currently, the Company does not transact any material business other than through its subsidiary, the Bank. The Company has been the holding company for the Bank since it acquired the stock of the Bank upon the Bank's conversion from a Federally-chartered mutual savings bank to a Federally-chartered capital stock savings bank in 1996 (the "Conversion").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20171.190.15023.10
06/20171.180.15022.98
03/20171.090.15025.85
12/20160.980.15030.64
09/20161.080.15017.83
06/20160.970.13018.73
03/20161.150.13015.37
12/20151.210.13016.55

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.07Total Liab/Total Assets0.89
Net Inc/Total Assets0.00Total Liab/Inv Cap0.96
Net Inc/Inv Cap0.00Total Liab/Comm Equity13.43
Pretax Inc/Net Sales0.23Interest Coverage Ratio7.23
Net Inc/Net Sales0.15Curr Debt/Equity0.66
Cash Flow/Net Sales0.21LTD/EquityNA
SG&A/NetSales0.56Total Debt/Equity0.66
Asset Utilization   Liquidity  
Net Receivables Turnover17.24Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E1.89  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 55.39 53.85 52.01 46.16
Cost of Goods Sold 3.13 2.91 2.78 2.39
Selling & Admin Exps 28.53 33.47 28.99 25.53
Operating Income NA NA NA NA
Interest Exp 1.85 1.79 1.75 1.76
Pretax Income 18.52 10.85 15.82 9.04
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 12.82 7.68 12.02 6.05

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 1,083.75 910.68 937.53 931.60
Receivables - Total 13.63 13.04 12.26 11.99
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 73.68 68.41 79.58 81.19
Total Assets 5,383.91 5,202.20 5,196.34 5,167.05
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 390.98 409.21 383.82 376.99
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 4,787.66 4,614.90 4,613.66 4,595.01
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.34 0.34 0.34 0.34
Retained Earnings 266.05 258.47 256.05 238.19
Treasury Stock -16.37 -16.98 -17.95 -22.55
Total Stockholders' Equity 596.25 587.30 582.68 572.04
Total Liabilities and Stockholders' Equity 5,383.91 5,202.20 5,196.34 5,167.05

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 32.50 18.25 11.95 -13.12
Net Cash Provided by Investing Activities -34.63 -85.62 -153.38 16.34
Net Cash Provided by Financing Activities 149.73 -0.22 15.31 -13.44

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012105.3420.021.12
12/201396.6216.330.95
12/201498.4319.921.19
12/2015102.2920.321.21
12/2016153.8423.050.98
Growth Rates9.933.58-3.28

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1713123,34271.64




Report Date : 12/11/2017

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