Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Ho Angela KOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-695Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Giordano Anthony IIIOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-1,451Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Vallacchi GraceOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-1,065Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Sridharan KarthikOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-2,366Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Estep Michele BOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-1,291Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Lebel Joseph IIIOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-494Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Maher ChristopherOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-2,641Price:$23.11
- Mar 01, 2021 (filed on Mar 02, 2021)Insider Name:Maher ChristopherOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:D - Disposition to issuer under Rule 16b-3(e)# or value acquired/disposed of:-4,921Price:--
- Feb 26, 2021 (filed on Mar 02, 2021)Insider Name:Torres Grace COwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,301Price:--
- Feb 26, 2021 (filed on Mar 02, 2021)Insider Name:Giordano Anthony IIIOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:4,600Price:--
Filings by filing date
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Ho Angela KOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-695Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Giordano Anthony IIIOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-1,451Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Vallacchi GraceOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-1,065Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Sridharan KarthikOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-2,366Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Estep Michele BOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-1,291Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Lebel Joseph IIIOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-494Price:$23.11
- Mar 03, 2021 (filed on Mar 05, 2021)Insider Name:Maher ChristopherOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-2,641Price:$23.11
- Feb 26, 2021 (filed on Mar 02, 2021)Insider Name:Torres Grace COwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,301Price:--
- Feb 26, 2021 (filed on Mar 02, 2021)Insider Name:Giordano Anthony IIIOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:4,600Price:--
- Feb 26, 2021 (filed on Mar 02, 2021)Insider Name:Ho Angela KOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:3,452Price:--
News
Biz Brief
Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 975 Hooper Ave TOMS RIVER NJ 08753-8320 |
Tel: | 1-888-6232633 |
Website: | https://oceanfirst.com/investor-relations |
IR: | See website |
Key People | ||
Christopher D. Maher Chairman of the Board, President, Chief Executive Officer of the Company and Chairman and Chief Executive Officer of the Bank | Michael J. Fitzpatrick Chief Financial Officer, Executive Vice President of the Company and the Bank | Joseph J. Lebel Chief Operating Officer, Executive Vice President and President of the Bank |
Michele B. Estep Executive Vice President, Chief Administrative Officer of the Bank | Grace Vallacchi Executive Vice President, Chief Risk Officer, Director of the Company and the Bank | Steven James Tsimbinos Executive Vice President, General Counsel, Corporate Secretary of the Company and the Bank |
Angela K. Ho Chief Accounting Officer | Anthony Giordano Executive Vice President and Chief Retail Banking Officer of the Bank | Karthik Sridharan Chief Information Officer of the Bank |
Business Overview |
OceanFirst Financial Corp. is a holding company for OceanFirst Bank (the Bank). The Company is a savings and loan holding company. The Bank's principal business is attracting retail and business deposits in the communities surrounding its branch offices and investing those deposits primarily in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States Government and agencies thereof, corporate securities and other investments. The Bank originates home equity loans typically as fixed-rate loans with terms ranging from 5 to 20 years. The Bank also offers variable-rate home equity lines of credit. |
Financial Overview |
For the fiscal year ended 31 December 2020,OceanFirst Financial Corp. interest income increased 23% to$379.6M. Net interest income after loan loss provisionincreased 23% to $313M. Net income applicable to commonstockholders decreased 31% to $61.2M. Net interest incomeafter loan loss provision reflects Interest income Loansincrease of 25% to $349.2M, Debt securities, equityinvestments and increase of 21% to $16.4M. |
Employees: | 928 as of Dec 31, 2020 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $491.43M as of Dec 31, 2020 |
Annual revenue (TTM): | $379.61M as of Dec 31, 2020 |
EBITDA (TTM): | $189.49M as of Dec 31, 2020 |
Net annual income (TTM): | $61.21M as of Dec 31, 2020 |
Free cash flow (TTM): | $75.01M as of Dec 31, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 59,915,803 as of Feb 22, 2021 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |