OCFC Q1 2020 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$111M+30.9% YoY

Gross Profit

$82M74.2% margin

Operating Income

$21M18.6% margin

Net Income

$17M14.9% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+27.5%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$62M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$9.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$256M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$111M	$84M	+30.9%
Gross Profit	$82M	$72M	+14.3%
Operating Income	$21M	$26M	-20.9%
Net Income	$17M	$21M	-21.9%

Revenue Segments

Deposit Account

$5M90%

Investment Advisory, Management and Administrative Service

$515,00010%