RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
OceanFirst Financial Stock

OceanFirst Financial ROE 2024

OceanFirst Financial ROE

0.06

Ticker

OCFC

ISIN

US6752341080

WKN

919419

In 2024, OceanFirst Financial's return on equity (ROE) was 0.06, a -33.08% increase from the 0.09 ROE in the previous year.

OceanFirst Financial Aktienanalyse

What does OceanFirst Financial do?

OceanFirst Financial Corp is an American financial institution headquartered in Toms River, New Jersey. It was established in 1902 as Ocean City Building and Loan Association and has since become a leading provider of financial services in New Jersey and Pennsylvania. The business model of OceanFirst Financial Corp combines traditional banking services with modern financial technologies. The company offers a wide range of products and services for personal and business customers, including deposit, credit, investment, and insurance products, as well as electronic banking services such as mobile and online banking. OceanFirst Financial Corp has various divisions focusing on different areas of banking. The main division is OceanFirst Bank, which provides deposit, credit, and investment products for personal and business customers. OceanFirst Bank currently operates over 70 branches in New Jersey and Pennsylvania and employs over 1,000 staff. Another important division of OceanFirst Financial Corp is OceanFirst Wealth Management, which offers investment advisory and asset management services for personal and business customers. OceanFirst Wealth Management has an experienced group of financial advisors and investment experts who cater to the individual needs of each client. OceanFirst Financial Corp also has a division for insurance products called OceanFirst Insurance Services, Inc. This division offers a wide range of insurance products for personal and business customers, including auto, home, life, and business liability insurance. OceanFirst Insurance Services, Inc. works with various insurance providers to offer the best insurance options to its customers. Additionally, OceanFirst Financial Corp has a division for commercial loans called OceanFirst Business Services. This division focuses on credit and financing services for small and medium-sized businesses. OceanFirst Business Services offers a wide range of credit solutions such as term loans, revolving loans, lines of credit, as well as payment processing services. In summary, OceanFirst Financial Corp is a leading financial institution offering a wide range of products and services for personal and business customers. The company has various divisions focusing on different areas of banking, including deposit, credit, investment, and insurance products, as well as electronic banking services. OceanFirst Financial Corp has a long history and a strong commitment to its customers and the communities it serves. OceanFirst Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding OceanFirst Financial's Return on Equity (ROE)

OceanFirst Financial's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing OceanFirst Financial's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

OceanFirst Financial's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in OceanFirst Financial’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about OceanFirst Financial stock

What is the ROE (Return on Equity) of OceanFirst Financial this year?

The ROE of OceanFirst Financial this year is 0.06 undefined.

How has the Return on Equity (ROE) of OceanFirst Financial developed compared to the previous year?

The ROE of OceanFirst Financial has increased by -33.08% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of OceanFirst Financial?

A high ROE indicates that OceanFirst Financial generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of OceanFirst Financial?

A low ROE can indicate that OceanFirst Financial is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of OceanFirst Financial affect the company?

A change in ROE (Return on Equity) of OceanFirst Financial can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of OceanFirst Financial?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of OceanFirst Financial?

Some factors that can influence OceanFirst Financial's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does OceanFirst Financial pay?

Over the past 12 months, OceanFirst Financial paid a dividend of 0.8 USD . This corresponds to a dividend yield of about 4.39 %. For the coming 12 months, OceanFirst Financial is expected to pay a dividend of 0.84 USD.

What is the dividend yield of OceanFirst Financial?

The current dividend yield of OceanFirst Financial is 4.39 %.

When does OceanFirst Financial pay dividends?

OceanFirst Financial pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of OceanFirst Financial?

OceanFirst Financial paid dividends every year for the past 23 years.

What is the dividend of OceanFirst Financial?

For the upcoming 12 months, dividends amounting to 0.84 USD are expected. This corresponds to a dividend yield of 4.61 %.

In which sector is OceanFirst Financial located?

OceanFirst Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von OceanFirst Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of OceanFirst Financial from 8/16/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 8/5/2024.

When did OceanFirst Financial pay the last dividend?

The last dividend was paid out on 8/16/2024.

What was the dividend of OceanFirst Financial in the year 2023?

In the year 2023, OceanFirst Financial distributed 0.74 USD as dividends.

In which currency does OceanFirst Financial pay out the dividend?

The dividends of OceanFirst Financial are distributed in USD.

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Andere Kennzahlen von OceanFirst Financial

Our stock analysis for OceanFirst Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OceanFirst Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.