OceanFirst Financial Corp. (OCFC)

USD 17.94

(-4.63%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 385.67 Million 431.6 Million 352.08 Million 367.16 Million 292.18 Million 271.12 Million
Cost of Revenue -255.18 Million 43.43 Million 41.43 Million 45.1 Million 39.84 Million 39.74 Million
Gross Profit 640.85 Million 388.16 Million 310.65 Million 322.05 Million 252.33 Million 231.37 Million
Operating Expenses 209.01 Million 234.88 Million -209.84 Million -286.12 Million -184.82 Million -149.46 Million
Selling, General and Administrative Expenses 209.01 Million 142.22 Million 149.9 Million 139.61 Million 110.42 Million 103.54 Million
Research and Development Expenses - - - - - -
Other Expenses 247.51 Million 218.94 Million -359.75 Million -425.73 Million -295.24 Million -253.01 Million
Cost and Expenses 503.01 Million 234.88 Million -209.84 Million -286.12 Million -184.82 Million -149.46 Million
Operating Income 176.66 Million 246.86 Million 142.24 Million 81.04 Million 107.35 Million 121.65 Million
Interest Expense 238.24 Million 53.69 Million 36.75 Million 66.65 Million 52.82 Million 36.15 Million
Income Tax Expense 32.7 Million 46.56 Million 32.16 Million 17.73 Million 18.78 Million 13.57 Million
Earnings before Tax 136.76 Million 193.92 Million 142.24 Million 81.04 Million 107.35 Million 85.5 Million
Net Income 104.02 Million 146.6 Million 110.07 Million 63.3 Million 88.57 Million 71.93 Million
Earnings Per Share Basic 1.70 2.43 1.79 1.02 1.77 1.54
Earnings Per Share Diluted 1.70 2.42 1.78 1.02 1.75 1.51
Weighted Average Shares Outstanding 58.94 Million 58.73 Million 59.4 Million 59.91 Million 50.16 Million 46.77 Million
Weighted Average Shares Outstanding (Diluted) 58.95 Million 58.87 Million 59.64 Million 60.07 Million 50.74 Million 47.65 Million
Gross Margin 1.66 0.90 0.88 0.88 0.86 0.85
EBIT Margin - 0.58 0.42 0.24 0.38 0.49
Profit Margin 0.27 0.34 0.31 0.17 0.30 0.27
EBITDA - 210.4 Million 157.12 Million 95.77 Million 119.79 Million -3.81 Million
Earnings Before Tax Margin 0.46 0.57 0.40 0.22 0.37 0.45

Income Statement Charts