OCFC Q4 2020 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q4 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$117M+35.4% YoY

Gross Profit

$99M84.0% margin

Operating Income

$43M37.0% margin

Net Income

$33M28.2% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+17.7%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$595,000

Stock-Based Comp.

$798,000

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$10.0B

Stockholders' Equity

$1.5B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$117M	$87M	+35.4%
Gross Profit	$99M	$73M	+35.7%
Operating Income	$43M	$27M	+63.3%
Net Income	$33M	$23M	+41.0%

Revenue Segments

Deposit Account

$4M89%

Investment Advisory, Management and Administrative Service

$492,00011%