OCFC Q3 2019 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$87M+10.0% YoY

Gross Profit

$73M84.1% margin

Operating Income

$31M36.0% margin

Net Income

$25M28.8% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$21M

Stock-Based Comp.

$919,000

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$7.0B

Stockholders' Equity

$1.1B

Cash & Equivalents

$141M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$79M	+10.0%
Gross Profit	$73M	$68M	+7.2%
Operating Income	$31M	$29M	+6.6%
Net Income	$25M	$24M	+3.7%

Revenue Segments

Deposit Account

$5M89%

Investment Advisory, Management and Administrative Service

$557,00011%