The historical rank and industry rank for OceanFirst Financial's Net Margin % or its related term are showing as below:
OCFC'
s Net Margin % Range Over the Past 10 Years
Min: 16.66 Med: 24.29 Max: 33.97
Current: 27.56
OCFC's Net Margin % is ranked better than 60% of 1540
companies
in the Banks industry
Industry Median: 24.47
vs OCFC: 27.56
OceanFirst Financial Net Margin % Historical Data
The historical data trend for OceanFirst Financial's Net Margin % 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.
Competitive Comparison of OceanFirst Financial's Net Margin %
For the Banks - Regional subindustry, OceanFirst Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OceanFirst Financial's Net Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, OceanFirst Financial's Net Margin % distribution charts can be found below:
* The bar in red indicates where OceanFirst Financial's Net Margin % falls into.
OceanFirst Financial Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
OceanFirst Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
OceanFirst Financial Net Margin % Related Terms
Thank you for viewing the detailed overview of OceanFirst Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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