OCFC Q2 2017 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q2 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$53M+41.9% YoY

Gross Profit

$47M88.9% margin

Operating Income

$11M20.5% margin

Net Income

$8M14.5% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$17M

Stock-Based Comp.

$702,000

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.6B

Stockholders' Equity

$587M

Cash & Equivalents

$108M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$37M	+41.9%
Gross Profit	$47M	$34M	+40.4%
Operating Income	$11M	$6M	+94.1%
Net Income	$8M	$4M	+109.8%