Michele Estep - OceanFirst Financial NA Bank

OCFCP Preferred Stock  USD 25.20  0.05  0.20%   

Insider

Michele Estep is NA Bank of OceanFirst Financial Corp
Age 53
Phone732 240 4500
Webhttps://www.oceanfirst.com

OceanFirst Financial Management Efficiency

The company has return on total asset (ROA) of 0.0119 % which means that it generated a profit of $0.0119 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.095 %, meaning that it generated $0.095 on every $100 dollars invested by stockholders. OceanFirst Financial's management efficiency ratios could be used to measure how well OceanFirst Financial manages its routine affairs as well as how well it operates its assets and liabilities.
OceanFirst Financial Corp has accumulated 1.41 B in total debt. Debt can assist OceanFirst Financial until it has trouble settling it off, either with new capital or with free cash flow. So, OceanFirst Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like OceanFirst Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OceanFirst to invest in growth at high rates of return. When we think about OceanFirst Financial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Douglas CPAKeyCorp
53
Angela MagoKeyCorp
57
Christopher GormanKeyCorp
62
Andrew IIIKeyCorp
53
Vernon PattersonKeyCorp
N/A
Dana NolanRegions Financial
N/A
David KeenanRegions Financial
55
Kristin SilberbergCitizens Financial Group
N/A
Susan DonlanKeyCorp
N/A
Ronald SmithRegions Financial
62
Tara PlimptonRegions Financial
54
Brian FishelKeyCorp
57
Susan DonlanKeyCorp
N/A
Christopher GormanKeyCorp
62
Rob SchipperFifth Third Bancorp
N/A
Theodore SwimmerCitizens Financial Group
N/A
Douglas CPAKeyCorp
53
John WoodsCitizens Financial Group
59
Matthew CPARegions Financial
65
Kevin LavenderFifth Third Bancorp
61
Amy BradyKeyCorp
56
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. The company was founded in 1902 and is based in Red Bank, New Jersey. Oceanfirst Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 894 people. OceanFirst Financial Corp (OCFCP) is traded on NASDAQ Exchange in USA. It is located in 110 West Front Street, Red Bank, NJ, United States, 07701 and employs 10 people. OceanFirst Financial is listed under Banking category by Fama And French industry classification.

Management Performance

OceanFirst Financial Corp Leadership Team

Elected by the shareholders, the OceanFirst Financial's board of directors comprises two types of representatives: OceanFirst Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OceanFirst. The board's role is to monitor OceanFirst Financial's management team and ensure that shareholders' interests are well served. OceanFirst Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OceanFirst Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michele Estep, NA Bank
Steven Esq, Gen VP
Christopher Maher, Chairman CEO
Joseph III, COO Pres
Karthik Sridharan, Ex Officer
Jill Hewitt, VP Officer
Angela Ho, VP Officer
Anthony III, Ex Operations
Patrick Barrett, CFO VP
Grace Vallacchi, Ex Officer

OceanFirst Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is OceanFirst Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with OceanFirst Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OceanFirst Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OceanFirst Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with OceanFirst Preferred Stock

  0.7AX Axos FinancialPairCorr
  0.72BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against OceanFirst Preferred Stock

  0.56TFC-PO Truist FinancialPairCorr
  0.5TFC-PR Truist FinancialPairCorr
  0.48CFG-PE Citizens FinancialPairCorr
  0.42WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to OceanFirst Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OceanFirst Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OceanFirst Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OceanFirst Financial Corp to buy it.
The correlation of OceanFirst Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OceanFirst Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OceanFirst Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OceanFirst Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for OceanFirst Preferred Stock Analysis

When running OceanFirst Financial's price analysis, check to measure OceanFirst Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.