OCFC Q3 2020 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$100M+14.9% YoY

Gross Profit

$48M48.0% margin

Operating Income

-$8M-7.6% margin

Net Income

-$5M-4.9% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$41M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$10.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$981M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100M	$87M	+14.9%
Gross Profit	$48M	$73M	-34.4%
Operating Income	-$8M	$31M	-124.1%
Net Income	-$5M	$25M	-119.7%

Revenue Segments

Deposit Account

$4M88%

Investment Advisory, Management and Administrative Service

$490,00012%