OCFC Q3 2018 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q3 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$79M+44.7% YoY

Gross Profit

$68M86.3% margin

Operating Income

$29M37.2% margin

Net Income

$24M30.5% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$24M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$6.5B

Stockholders' Equity

$1.0B

Cash & Equivalents

$148M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$55M	+44.7%
Gross Profit	$68M	$48M	+40.7%
Operating Income	$29M	$19M	+58.5%
Net Income	$24M	$13M	+87.8%

Revenue Segments

Deposit Account

$5M89%

Investment Advisory, Management and Administrative Service

$573,00011%