OCFC Q4 2021 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q4 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$97M-17.6% YoY

Gross Profit

$90M93.5% margin

Operating Income

$27M27.6% margin

Net Income

$23M23.4% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$25M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$10.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$97M	$117M	-17.6%
Gross Profit	$90M	$99M	-8.3%
Operating Income	$27M	$43M	-38.5%
Net Income	$23M	$33M	-31.5%

Revenue Segments

Deposit Account

$3M86%

Investment Advisory, Management and Administrative Service

$562,00014%