$1.06B Market Cap.
OCFC Market Cap. (MRY)
OCFC Shares Outstanding (MRY)
OCFC Assets (MRY)
Total Assets
$13.42B
Total Liabilities
$11.72B
Total Investments
$12.14B
OCFC Income (MRY)
Revenue
$376.53M
Net Income
$100.06M
Operating Expense
$245.88M
OCFC Cash Flow (MRY)
CF Operations
$92.24M
CF Investing
$106.40M
CF Financing
-$228.75M
OCFC Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0.80 | 4.40% | 0.00% | 48.48% | 2.06 |
2023 | $0.80 | 4.60% | 8.11% | 47.06% | 2.13 |
2022 | $0.74 | 3.50% | 8.82% | 30.45% | 3.28 |
2021 | $0.68 | 3.10% | 0.00% | 37.99% | 2.63 |
2020 | $0.68 | 3.70% | - | 66.67% | 1.50 |
OCFC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $13,421,247,000 (-0.86%) | $13,538,253,000 (3.31%) | $13,103,896,000 (11.62%) | $11,739,616,000 (2.54%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $535,988,000 (3.94%) | $515,659,000 (-0.77%) | $519,643,000 (0.21%) | $518,534,000 (-1.04%) |
Shareholders Equity | $1,701,650,000 (2.44%) | $1,661,163,000 (4.83%) | $1,584,662,000 (4.49%) | $1,516,553,000 (2.18%) |
Property Plant & Equipment Net | $115,256,000 (-5.04%) | $121,372,000 (-4.21%) | $126,705,000 (0.70%) | $125,828,000 (17.49%) |
Cash & Equivalents | $123,615,000 (-19.58%) | $153,718,000 (-8.47%) | $167,946,000 (-18.05%) | $204,949,000 (-83.89%) |
Accumulated Other Comprehensive Income | -$15,853,000 (24.01%) | -$20,862,000 (42.02%) | -$35,982,000 (-1175.51%) | -$2,821,000 (-554.27%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $12,142,753,000 (-0.87%) | $12,249,443,000 (4.17%) | $11,759,509,000 (12.58%) | $10,445,150,000 (15.68%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $45,914,000 (-11.49%) | $51,874,000 (16.04%) | $44,704,000 (37.10%) | $32,606,000 (-7.55%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $641,727,000 (8.30%) | $592,542,000 (9.63%) | $540,507,000 (22.20%) | $442,306,000 (16.93%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $1,353,755,000 (18.68%) | $1,140,647,000 (-23.81%) | $1,497,071,000 (306.58%) | $368,215,000 (-3.41%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $11,718,490,000 (-1.33%) | $11,876,308,000 (3.11%) | $11,518,432,000 (12.67%) | $10,223,063,000 (2.60%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
OCFC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $376,533,000 (-2.37%) | $385,677,000 (-10.06%) | $428,803,000 (16.17%) | $369,101,000 (12.71%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $192,847,000 (1.12%) | $190,713,000 (3.78%) | $183,761,000 (8.30%) | $169,677,000 (3.91%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $245,877,000 (-1.22%) | $248,912,000 (5.97%) | $234,881,000 (3.54%) | $226,860,000 (-2.29%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $30,266,000 (-7.44%) | $32,700,000 (-29.78%) | $46,565,000 (44.77%) | $32,165,000 (81.38%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $100,390,000 (-3.53%) | $104,065,000 (-29.38%) | $147,357,000 (33.87%) | $110,076,000 (73.87%) |
Net Income to Non-Controlling Interests | $325,000 (802.78%) | $36,000 (-95.23%) | $754,000 (0%) | $0 (0%) |
Net Income | $100,065,000 (-3.81%) | $104,029,000 (-29.04%) | $146,603,000 (33.18%) | $110,076,000 (73.87%) |
Preferred Dividends Income Statement Impact | $4,016,000 (0.00%) | $4,016,000 (0.00%) | $4,016,000 (0.00%) | $4,016,000 (91.51%) |
Net Income Common Stock | $96,049,000 (-3.96%) | $100,013,000 (-29.86%) | $142,587,000 (34.44%) | $106,060,000 (73.27%) |
Weighted Average Shares | $58,296,000 (-1.11%) | $58,948,000 (0.37%) | $58,730,000 (-1.14%) | $59,406,000 (-0.86%) |
Weighted Average Shares Diluted | $58,297,000 (-1.12%) | $58,957,000 (0.13%) | $58,878,000 (-1.29%) | $59,649,000 (-0.70%) |
Earning Before Interest & Taxes (EBIT) | $130,331,000 (-4.68%) | $136,729,000 (-29.22%) | $193,168,000 (35.80%) | $142,241,000 (75.52%) |
Gross Profit | $376,533,000 (-2.37%) | $385,677,000 (-10.06%) | $428,803,000 (16.17%) | $369,101,000 (12.71%) |
Operating Income | $130,656,000 (-4.47%) | $136,765,000 (-29.47%) | $193,922,000 (36.33%) | $142,241,000 (49.26%) |
OCFC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $106,400,000 (121.80%) | -$487,997,000 (63.06%) | -$1,321,008,000 (10.61%) | -$1,477,842,000 (-6566.25%) |
Net Cash Flow from Financing | -$228,746,000 (-165.46%) | $349,468,000 (-65.53%) | $1,013,760,000 (352.59%) | $223,993,000 (-79.16%) |
Net Cash Flow from Operations | $92,243,000 (-25.77%) | $124,261,000 (-50.38%) | $250,450,000 (56.56%) | $159,972,000 (20.59%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$30,103,000 (-110.98%) | -$14,268,000 (74.88%) | -$56,798,000 (94.81%) | -$1,093,877,000 (-192.28%) |
Net Cash Flow - Business Acquisitions and Disposals | -$68,932,000 (0%) | $0 (0%) | $38,609,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $175,780,000 (136.29%) | -$484,393,000 (64.15%) | -$1,351,033,000 (6.97%) | -$1,452,225,000 (-4288.45%) |
Capital Expenditure | -$4,187,000 (45.68%) | -$7,708,000 (63.11%) | -$20,896,000 (50.29%) | -$42,039,000 (-185.44%) |
Issuance (Repayment) of Debt Securities | $211,932,000 (159.27%) | -$357,578,000 (-131.71%) | $1,127,490,000 (7991.17%) | -$14,288,000 (96.68%) |
Issuance (Purchase) of Equity Shares | -$20,905,000 (-3077.92%) | $702,000 (110.07%) | -$6,972,000 (81.31%) | -$37,313,000 (-174.91%) |
Payment of Dividends & Other Cash Distributions | -$50,880,000 (0.77%) | -$51,274,000 (-7.92%) | -$47,511,000 (-6.74%) | -$44,510,000 (-3.71%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $6,449,000 (5.77%) | $6,097,000 (-11.04%) | $6,854,000 (24.44%) | $5,508,000 (25.72%) |
Depreciation Amortization & Accretion | $14,236,000 (-12.72%) | $16,311,000 (-0.55%) | $16,401,000 (10.74%) | $14,810,000 (1.17%) |
OCFC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 25.50% (-1.54%) | 25.90% (-22.22%) | 33.30% (16.03%) | 28.70% (53.48%) |
EBITDA Margin | 38.40% (-3.27%) | 39.70% (-18.81%) | 48.90% (15.06%) | 42.50% (45.55%) |
Return on Average Equity (ROAE) | 5.70% (-6.56%) | 6.10% (-34.41%) | 9.30% (32.86%) | 7.00% (66.67%) |
Return on Average Assets (ROAA) | 0.70% (0.00%) | 0.70% (-36.36%) | 1.10% (22.22%) | 0.90% (80.00%) |
Return on Sales (ROS) | 34.60% (-2.54%) | 35.50% (-21.11%) | 45.00% (16.88%) | 38.50% (55.87%) |
Return on Invested Capital (ROIC) | 0.90% (-10.00%) | 1.00% (-33.33%) | 1.50% (15.38%) | 1.30% (62.50%) |
Dividend Yield | 4.40% (-4.35%) | 4.60% (31.43%) | 3.50% (12.90%) | 3.10% (-16.22%) |
Price to Earnings Ratio (P/E) | 10.97 (7.42%) | 10.21 (16.78%) | 8.74 (-29.49%) | 12.4 (-32.10%) |
Price to Sales Ratio (P/S) | 2.8 (5.62%) | 2.65 (-8.83%) | 2.91 (-18.56%) | 3.57 (4.81%) |
Price to Book Ratio (P/B) | 0.62 (0.16%) | 0.62 (-21.69%) | 0.79 (-8.85%) | 0.87 (14.78%) |
Debt to Equity Ratio (D/E) | 6.89 (-3.66%) | 7.15 (-1.65%) | 7.27 (7.83%) | 6.74 (0.40%) |
Earnings Per Share (EPS) | 1.65 (-2.94%) | 1.7 (-30.04%) | 2.43 (35.75%) | 1.79 (75.49%) |
Sales Per Share (SPS) | 6.46 (-1.28%) | 6.54 (-10.38%) | 7.3 (17.51%) | 6.21 (13.69%) |
Free Cash Flow Per Share (FCFPS) | 1.51 (-23.62%) | 1.98 (-49.42%) | 3.91 (96.93%) | 1.99 (0.86%) |
Book Value Per Share (BVPS) | 29.19 (3.58%) | 28.18 (4.44%) | 26.98 (5.69%) | 25.53 (3.07%) |
Tangible Assets Book Value Per Share (TABVPS) | 221.03 (0.05%) | 220.92 (3.10%) | 214.27 (13.44%) | 188.89 (3.60%) |
Enterprise Value Over EBIT (EV/EBIT) | 17 (54.55%) | 11 (10.00%) | 10 (100.00%) | 5 (-54.55%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 15.66 (55.89%) | 10.05 (9.84%) | 9.15 (96.12%) | 4.66 (-50.27%) |
Asset Turnover | 0.03 (0.00%) | 0.03 (-17.65%) | 0.03 (6.25%) | 0.03 (10.34%) |
Current Ratio | - | - | - | - |
Dividends | $0.8 (0.00%) | $0.8 (8.11%) | $0.74 (8.82%) | $0.68 (0.00%) |
Free Cash Flow (FCF) | $88,056,000 (-24.45%) | $116,553,000 (-49.23%) | $229,554,000 (94.65%) | $117,933,000 (0.00%) |
Enterprise Value (EV) | $2,264,263,273 (47.26%) | $1,537,618,478 (-19.79%) | $1,916,949,470 (161.71%) | $732,471,497 (-18.37%) |
Earnings Before Tax (EBT) | $130,331,000 (-4.68%) | $136,729,000 (-29.22%) | $193,168,000 (35.80%) | $142,241,000 (75.52%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $144,567,000 (-5.54%) | $153,040,000 (-26.97%) | $209,569,000 (33.44%) | $157,051,000 (64.14%) |
Invested Capital | $14,115,399,000 (0.76%) | $14,009,523,000 (0.69%) | $13,913,378,000 (22.21%) | $11,384,348,000 (13.46%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $12,885,259,000 (-1.05%) | $13,022,594,000 (3.48%) | $12,584,253,000 (12.15%) | $11,221,082,000 (2.72%) |
Market Capitalization | $1,058,202,273 (2.58%) | $1,031,584,478 (-17.92%) | $1,256,757,470 (-4.73%) | $1,319,204,497 (17.28%) |
Average Equity | $1,684,075,250 (3.11%) | $1,633,260,500 (5.99%) | $1,540,934,250 (2.09%) | $1,509,327,500 (3.52%) |
Average Assets | $13,412,615,750 (-0.89%) | $13,532,628,500 (7.42%) | $12,597,736,750 (8.06%) | $11,657,669,250 (3.78%) |
Invested Capital Average | $14,048,793,000 (1.01%) | $13,908,813,000 (8.82%) | $12,781,425,250 (19.89%) | $10,660,555,750 (0.20%) |
Shares | 58,464,214 (-1.61%) | 59,423,069 (0.48%) | 59,141,528 (-0.47%) | 59,423,626 (-1.58%) |
