OCFC Q1 2019 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q1 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$84M+19.4% YoY

Gross Profit

$72M85.0% margin

Operating Income

$26M30.8% margin

Net Income

$21M25.1% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$37M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$7.0B

Stockholders' Equity

$1.1B

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$84M	$71M	+19.4%
Gross Profit	$72M	$62M	+15.4%
Operating Income	$26M	$6M	+304.4%
Net Income	$21M	$5M	+290.1%

Revenue Segments

Deposit Account

$5M90%

Investment Advisory, Management and Administrative Service

$498,00010%