OCFC FY 2016 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2016 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$151M+50.8% YoY

Gross Profit

$136M89.6% margin

Operating Income

$35M23.2% margin

Net Income

$23M15.2% margin

EPS (Diluted)

$0.98

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$27M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.6B

Stockholders' Equity

$572M

Cash & Equivalents

$301M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$100M	+50.8%
Gross Profit	$136M	$90M	+50.5%
Operating Income	$35M	$31M	+12.8%
Net Income	$23M	$20M	+13.4%