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Stock impact report

3 Reasons to Sell OCFC and 1 Stock to Buy Instead [Yahoo! Finance]

OceanFirst Financial Corp. (OCFC) 
Last oceanfirst financial corp. earnings: 4/23 08:40 pm Check Earnings Report
US:NASDAQ Investor Relations: oceanfirstonline.com/home/home
Company Research Source: Yahoo! Finance
Is now the time to buy OceanFirst Financial, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free We're cautious about OceanFirst Financial. Here are three reasons we avoid OCFC and a stock we'd rather own. Our experience and research show the market cares primarily about a bank's net interest income growth as one-time fees are considered a lower-quality and non-recurring revenue source. OceanFirst Financial's net interest income has grown at a 2.9% annualized rate over the last five years, much worse than the broader banking industry. This was driven by its loan growth as its net interest margin, which represents how much a bank earns in relation to its outstanding loan book, declined throughout that period. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending o Show less Read more
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