OceanFirst Financial Corp
NASDAQ:OCFC

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OceanFirst Financial Corp
NASDAQ:OCFC
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Price: 16.55 USD 0.3% Market Closed
Market Cap: 966.2m USD

Net Margin
OceanFirst Financial Corp

25%
Current
28%
Average
23.3%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
25%
=
Net Income
96m
/
Revenue
384.2m

Net Margin Across Competitors

OceanFirst Financial Corp
Glance View

Market Cap
969.1m USD
Industry
Banking

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.

OCFC Intrinsic Value
24.3 USD
Undervaluation 32%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
25%
=
Net Income
96m
/
Revenue
384.2m
What is the Net Margin of OceanFirst Financial Corp?

Based on OceanFirst Financial Corp's most recent financial statements, the company has Net Margin of 25%.

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