OceanFirst Financial Corp. (OCFC)

OceanFirst Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	385.68	428.8	369.1	327.47	296.5
Revenue Growth (YoY)	-10.06%	16.17%	12.71%	10.45%	9.07%
Gross Profit	385.68	428.8	369.1	327.47	296.5
Selling, General & Admin	190.71	183.76	169.68	163.29	133.07
Other Operating Expenses	58.2	51.12	57.18	68.88	56.07
Operating Expenses	248.91	234.88	226.86	232.17	189.14
Operating Income	136.77	193.92	142.24	95.3	107.36
Other Expense / Income	0.04	0.75	-	14.26	-
Pretax Income	136.73	193.17	142.24	81.04	107.36
Income Tax	32.7	46.57	32.17	17.73	18.78
Net Income	104.03	146.6	110.08	63.31	88.57
Preferred Dividends	4.02	4.02	4.02	2.1	0
Net Income Common	100.01	142.59	106.06	61.21	88.57
Net Income Growth	-29.86%	34.44%	73.27%	-30.89%	23.14%
Shares Outstanding (Basic)	59	59	59	60	50
Shares Outstanding (Diluted)	59	59	60	60	51
Shares Change	0.13%	-1.29%	-0.70%	18.38%	6.48%
EPS (Basic)	1.70	2.43	1.79	1.02	1.77
EPS (Diluted)	1.70	2.42	1.78	1.02	1.75
EPS Growth	-29.75%	35.96%	74.51%	-41.71%	15.89%
Free Cash Flow	116.55	229.55	117.93	117.93	95.17
Free Cash Flow Per Share	1.98	3.91	1.99	1.97	1.90
Dividend Per Share	0.800	0.740	0.680	0.680	0.680
Dividend Growth	8.11%	8.82%	0%	0%	9.68%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	35.46%	45.22%	38.54%	29.10%	36.21%
Profit Margin	25.93%	33.25%	28.73%	18.69%	29.87%
Free Cash Flow Margin	30.22%	53.53%	31.95%	36.01%	32.10%
Effective Tax Rate	23.92%	24.11%	22.61%	21.88%	17.50%
EBITDA	153.04	209.57	157.05	95.68	119.75
EBITDA Margin	39.68%	48.87%	42.55%	29.22%	40.39%
Depreciation & Amortization	16.31	16.4	14.81	14.64	12.39
EBIT	136.73	193.17	142.24	81.04	107.36
EBIT Margin	35.45%	45.05%	38.54%	24.75%	36.21%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).