OCFC FY 2019 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$345M+12.3% YoY

Gross Profit

$291M84.2% margin

Operating Income

$107M31.1% margin

Net Income

$89M25.7% margin

EPS (Diluted)

$1.75

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

$95M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$7.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$345M	$307M	+12.3%
Gross Profit	$291M	$268M	+8.6%
Operating Income	$107M	$86M	+25.6%
Net Income	$89M	$72M	+23.1%