OCFC Q1 2017 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q1 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$51M+96.2% YoY

Gross Profit

$46M89.8% margin

Operating Income

$16M31.0% margin

Net Income

$12M23.5% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$975,000

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.6B

Stockholders' Equity

$583M

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$26M	+96.2%
Gross Profit	$46M	$23M	+99.7%
Operating Income	$16M	$7M	+137.6%
Net Income	$12M	$4M	+185.8%