OceanFirst Financial is a bank holding company. Through its subsidiary, OceanFirst Bank N.A. (the Bank), Co. accepts retail and commercial deposits and invests those deposits in loans, consisting of commercial real estate and other commercial loans, and single-family, owner-occupied residential mortgage loans. The Bank also invests in other types of loans, including residential construction and consumer loans. The Bank provides deposit accounts with a range of interest rates and terms to retail, government and business customers. The Bank's deposits consist of money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits. The OCFC stock yearly return is shown above.
The yearly return on the OCFC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the OCFC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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