OCFC FY 2017 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$212M+40.2% YoY

Gross Profit

$188M88.7% margin

Operating Income

$65M30.8% margin

Net Income

$42M20.0% margin

EPS (Diluted)

$1.28

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$31M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$4.8B

Stockholders' Equity

$602M

Cash & Equivalents

$110M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$212M	$151M	+40.2%
Gross Profit	$188M	$136M	+38.7%
Operating Income	$65M	$35M	+85.6%
Net Income	$42M	$23M	+84.3%