OCFC FY 2020 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$434M+25.7% YoY

Gross Profit

$308M70.9% margin

Operating Income

$81M18.7% margin

Net Income

$63M14.6% margin

EPS (Diluted)

$1.02

Cash Flow

Operating Cash Flow

$133M

Free Cash Flow

$118M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$10.0B

Stockholders' Equity

$1.5B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$434M	$345M	+25.7%
Gross Profit	$308M	$291M	+5.9%
Operating Income	$81M	$107M	-24.5%
Net Income	$63M	$89M	-28.5%