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OceanFirst Financial (OceanFirst Financial) EPS (Basic)

: $1.70 (TTM As of Dec. 2023)
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OceanFirst Financial's basic earnings per share (Basic EPS) for the three months ended in Dec. 2023 was $0.46. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.70.

OceanFirst Financial's EPS (Diluted) for the three months ended in Dec. 2023 was $0.46. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.70.

OceanFirst Financial's EPS without NRI for the three months ended in Dec. 2023 was $0.65. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2023 was 2.07.

During the past 12 months, OceanFirst Financial's average EPS without NRIGrowth Rate was 8.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 26.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 6.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, OceanFirst Financial's highest 3-Year average EPS without NRI Growth Rate was 101.10% per year. The lowest was -53.70% per year. And the median was 4.80% per year.


OceanFirst Financial EPS (Basic) Historical Data

The historical data trend for OceanFirst Financial's EPS (Basic) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OceanFirst Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EPS (Basic)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.77 1.02 1.79 2.43 1.70

OceanFirst Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EPS (Basic) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.46 0.45 0.33 0.46

OceanFirst Financial EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

OceanFirst Financial's Basic EPS for the fiscal year that ended in Dec. 2023 is calculated as

Basic EPS (A: Dec. 2023 )=(Net Income-Preferred Dividends)/Shares Outstanding (Basic Average)
=(104.029-4.016)/58.948
=1.70

OceanFirst Financial's Basic EPS for the quarter that ended in Dec. 2023 is calculated as

Basic EPS (Q: Dec. 2023 )=(Net Income-Preferred Dividends)/Shares Outstanding (Basic Average)
=(27.682-1.004)/58.681
=0.45

EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OceanFirst Financial  (NAS:OCFC) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


OceanFirst Financial EPS (Basic) Related Terms

Thank you for viewing the detailed overview of OceanFirst Financial's EPS (Basic) provided by GuruFocus.com. Please click on the following links to see related term pages.


OceanFirst Financial (OceanFirst Financial) Business Description

Traded in Other Exchanges
Address
110 West Front Street, Red Bank, NJ, USA, 07701
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management services.
Executives
John F Barros director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Robert C Garrett director 110 WEST FRONT STREET, RED BANK NJ 07701
Anthony Iii Giordano other: Chief Retail Officer, OFB 4 KELLY LANE, LONG BRANCH NJ 07740
David Berninger officer: EVP & Chief Risk Officer 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Dalila Wilson-scott director 110 WEST FRONT STREET, RED BANK NJ 07701
Oceanfirst Financial Corp director 975 HOOPER AVENUE, TOMS RIVER NJ 08723
Brian Schaeffer other: EVP & CIO, OceanFirst Bank 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Joseph Iii Lebel other: EVP, CBO OceanFirst Bank 975 HOOPER AVENUE, TOMS RIVER NJ 08754
Jack M. Farris director C/O OCEANFIRST BANK, 975 HOOPER AVE., TOMS RIVER NJ 08754
Christopher Maher director, officer: Chairman, President and CEO 209 HAVEMEYER STREET, BROOKLYN NY 11211
Murphy Joseph M. Jr. director 110 WEST FRONT STREET, RED BANK NJ 07701
Patrick Sean Barrett officer: Executive Vice President & CFO C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Patrick Chong other: SVP/Principal Accounting Off. 110 WEST FRONT STREET, RED BANK NJ 07701
Michael D Devlin director 834 CENTRAL AVENUE, P.O. BOX 189, HAMMONTON NJ 08037
Nicos Katsoulis director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753

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