OceanFirst Financial Corp. (OCFCP)

24.57 +0.02 (+0.08%) As of 10:12AM EDT. Market open.

OceanFirst Financial Corp.

110 West Front Street
Red Bank, NJ 07701
United States
732 240 4500
https://www.oceanfirst.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 878

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Christopher D. Maher	Chairman & CEO	1.84M	8.51k	1967
Mr. Joseph J. Lebel III	President, COO & Director	1.09M	23.62k	1962
Mr. Patrick S. Barrett	CFO & Executive VP	800.45k	N/A	1964
Mr. Steven J. Tsimbinos Esq.	Executive VP, General Counsel & Corporate Secretary	582.23k	112.61k	1970
Ms. Michele B. Estep	EVP and Chief Administrative Officer of OceanFirst Bank, N.A.	586.18k	N/A	1970
Mr. Patrick Chong	Senior VP, Corporate Controller & Principal Accounting Officer	N/A	N/A	1989
Ms. Angela K. Ho	Senior VP & Chief Compliance Officer	N/A	N/A	1984
Mr. Anthony Giordano III	Executive VP & Chief of Banking Operations	N/A	N/A	1966
Mr. Brian E. Schaeffer CISA, CISSP	Senior VP & Chief Information Security Officer	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.

Corporate Governance

OceanFirst Financial Corp.’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 7; Board: 6; Shareholder Rights: 8; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.