OCFC Q4 2024 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$171M-0.3% YoY

Gross Profit

$91M53.3% margin

Operating Income

$27M16.0% margin

Net Income

$22M12.8% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$43M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$13.4B

Total Liabilities

$11.7B

Stockholders' Equity

$1.7B

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$171M	$171M	-0.3%
Gross Profit	$91M	$96M	-4.8%
Operating Income	$27M	$36M	-24.7%
Net Income	$22M	$28M	-20.9%

Revenue Segments

Deposit Account

$11M92%

Investment Advisory, Management and Administrative Service

$942,0008%