OCFC FY 2022 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$485M+24.8% YoY

Gross Profit

$424M87.3% margin

Operating Income

$194M40.0% margin

Net Income

$147M30.2% margin

EPS (Diluted)

$2.42

Cash Flow

Operating Cash Flow

$250M

Free Cash Flow

$230M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$13.1B

Total Liabilities

$11.5B

Stockholders' Equity

$1.6B

Cash & Equivalents

$168M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$485M	$389M	+24.8%
Gross Profit	$424M	$364M	+16.5%
Operating Income	$194M	$142M	+36.3%
Net Income	$147M	$110M	+33.2%