OCFC Q2 2018 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q2 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$78M+46.8% YoY

Gross Profit

$69M88.0% margin

Operating Income

$19M24.0% margin

Net Income

$16M20.2% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$22M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$6.7B

Stockholders' Equity

$1.0B

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$53M	+46.8%
Gross Profit	$69M	$47M	+45.2%
Operating Income	$19M	$11M	+72.6%
Net Income	$16M	$8M	+104.5%

Revenue Segments

Deposit Account

$5M90%

Investment Advisory, Management and Administrative Service

$595,00010%