OceanFirst Financial Corp
NASDAQ:OCFC

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OceanFirst Financial Corp
NASDAQ:OCFC
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Price: 18 USD 0.11% Market Closed
Market Cap: 1.1B USD
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OceanFirst Financial Corp
Investor Relations

OceanFirst Financial Corp. traces its origins back to 1902, representing a longstanding presence in the banking sector. Originally a local enterprise serving the humble communities of New Jersey, the company has grown steadily over the years, evolving into a robust regional bank with a strong foothold in the eastern United States. OceanFirst's business model revolves around providing traditional banking services such as savings and checking accounts, mortgage lending, and various loan products to individuals and businesses. The bank's growth strategy involves a balance of organic expansion and strategic acquisitions, through which it has managed to extend its branch network across several states, enhancing its customer base and financial footprint.

At its core, OceanFirst makes money by leveraging a fairly traditional banking approach — accepting deposits from customers and using those deposits to fund loans. The interest received from these loans often exceeds the interest paid on deposits, which is a classic interest rate spread model, forming a primary revenue stream. Additionally, the institution diversifies its income through service fees and commissions associated with wealth management services, online banking, and other financial products. With a focus on community involvement and understanding local market dynamics, OceanFirst has built a reputation for fostering enduring relationships with its clients, which in turn supports its operational stability and financial health. By maintaining a strong balance sheet and focusing on prudent risk management, the company has carved out a sustainable and profitable niche in the competitive banking sector.

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Management

Mr. Christopher D. Maher
Chairman & CEO
No Bio Available
Mr. Joseph J. Lebel III
President, COO & Director
No Bio Available
Mr. Patrick S. Barrett
CFO & Executive VP
No Bio Available
Mr. Steven J. Tsimbinos Esq.
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Ms. Michele B. Estep
EVP and Chief Administrative Officer of OceanFirst Bank, N.A.
No Bio Available
Mr. Patrick Chong
Senior VP, Corporate Controller & Principal Accounting Officer
No Bio Available
Ms. Angela K. Ho
Senior VP & Chief Compliance Officer
No Bio Available
Mr. Anthony Giordano III
Executive VP & Chief of Banking Operations
No Bio Available
Mr. Brian E. Schaeffer CISA, CISSP
Senior VP & Chief Information Security Officer
No Bio Available
Mr. David L. Berninger
Executive VP & CRO
No Bio Available

Contacts

Address
NEW JERSEY
Toms River
975 Hooper Ave
Contacts
+17322404500.0
oceanfirst.com