OceanFirst (OCFC)
Runs a deposit-funded commercial and retail banking franchise across Northeast markets.
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Provides commercial real estate, business, residential, and consumer lending, funded mainly by deposits. The franchise is concentrated in New Jersey, New York, Long Island, and nearby Northeast markets; management reports one consolidated banking segment.
Offers commercial real estate, commercial-and-industrial, residential, and consumer lending through OceanFirst Bank, with deposits as the main funding base. Fee lines include treasury management, trust and fiduciary services, deposit-account charges, mortgage banking, bankcard services, and swap income.
Operates as one consolidated banking segment, not separate reported divisions. The footprint is concentrated in New Jersey, New York, Long Island, Philadelphia, and other Northeast and Mid-Atlantic metro markets after the Flushing merger.
Competes through local-market presence, digital channels, service speed, broader products, and larger credits. Earnings and liquidity depend on interest rates, deposit flows, loan demand, commercial real estate credit, technology competition, integration work, and banking regulation.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 12, 2026 | Piper Sandler | Target | Target: $17 | Target: $19 |
| Oct 27, 2025 | Raymond James | Reiterate | Rating: —Target: $22 | Target: $23 |
| Oct 10, 2025 | Keefe, Bruyette & Woods | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.34B · Total debt $2.29B · Total assets $23.27B · Shareholders' equity $2.41B
- Revenue
- $209.6M
- Operating income
- −$2.5M
- Net income
- −$3.0M
HistoryDividendAnnual yield
| Institutions | 141.48% | 81.49M shares | |
|---|---|---|---|
| 235 holders · as of Jun 30, 2026 | |||
| Insiders | 3.92% | 2.26M shares | |
| 25 holders · as of Sep 18, 2026 | |||
| Adds to | 145.40% | ||
57.60M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 145.40%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 17.26% | 9.94M | as of Jun 30, 2026 |
Warburg Pincus LLCInstitution | 16.62% | 9.57M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 7.97% | 4.59M | as of Jun 30, 2026 |
Wellington Management Group LLPInstitution | 7.14% | 4.11M | as of Jun 30, 2026 |
State Street CorpInstitution | 6.72% | 3.87M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 31, 2026 | Brian Schaeffer | other: SEVP & CIO, OceanFirst Bank | −5,500 | $18.91 |
| Aug 7, 2026 | John R. Buran | director | −113,463 | $19.40 |
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| OceanFirst | $17.37 | 0.00% | $1.06B | 20.7 | 8.6 | 1.5 | +36.3% |
| Valley National Bancorp | $13.13 | +0.08% | $7.43B | 11.2 | 9.3 | 2.5 | +13.3% |
| Provident Financial Services | $22.65 | 0.00% | $2.99B | 9.6 | 9.1 | 2.2 | +9.7% |
| Dime Commercial Bancshares | $40.54 | 0.00% | $1.80B | 14.7 | 10.7 | 2.4 | +17.1% |
| ConnectOne Bancorp | $31.20 | −0.05% | $1.59B | 9.8 | 8.9 | 2.6 | +46.0% |
| WSFS Bank | $76.89 | −0.04% | $4.05B | 13.0 | 11.7 | 3.0 | +5.6% |
| Customers Bancorp | $77.35 | −0.03% | $2.67B | 9.6 | 8.6 | 1.8 | +12.4% |
| Metropolitan Bank | $88.36 | +0.05% | $1.11B | 11.3 | 8.6 | 2.6 | +22.0% |
| Kearny Financial | $9.55 | 0.00% | $602.9M | 16.8 | 12.1 | 1.7 | +11.9% |
| Median | 11.2 | 9.2 | 2.4 | +12.8% |