OCFC FY 2021 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$389M-10.4% YoY

Gross Profit

$364M93.6% margin

Operating Income

$142M36.6% margin

Net Income

$110M28.3% margin

EPS (Diluted)

$1.78

Cash Flow

Operating Cash Flow

$160M

Free Cash Flow

$118M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$10.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$389M	$434M	-10.4%
Gross Profit	$364M	$308M	+18.2%
Operating Income	$142M	$81M	+75.5%
Net Income	$110M	$63M	+73.9%