OCFC Q3 2021 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$94M-5.8% YoY

Gross Profit

$89M94.6% margin

Operating Income

$32M33.5% margin

Net Income

$24M25.7% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$31M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.8B

Total Liabilities

$10.3B

Stockholders' Equity

$1.5B

Cash & Equivalents

$981M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$100M	-5.8%
Gross Profit	$89M	$48M	+85.6%
Operating Income	$32M	-$8M	+518.4%
Net Income	$24M	-$5M	+590.6%

Revenue Segments

Deposit Account

$3M84%

Investment Advisory, Management and Administrative Service

$584,00016%