OCFC Q3 2022 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$124M+32.4% YoY

Gross Profit

$109M87.5% margin

Operating Income

$51M41.1% margin

Net Income

$39M31.0% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$76M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$12.7B

Total Liabilities

$11.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$171M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$124M	$94M	+32.4%
Gross Profit	$109M	$89M	+22.5%
Operating Income	$51M	$32M	+62.1%
Net Income	$39M	$24M	+59.8%

Revenue Segments

Deposit Account

$6M92%

Investment Advisory, Management and Administrative Service

$568,0008%