OceanFirst Financial Revenue, Profits - OCFC Quarterly Income Statement

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$30.24 $0.04 (0.13%) OCFC stock closing price Jul 20, 2018 (Closing)

Financial analysis of OceanFirst Financial involves more than just checking the OceanFirst Financial stock price, by looking at the financial statements of the company in detail. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. The income statement for OCFC which shows a YOY revenue growth of 31.29% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Along with OceanFirst Financial assets and OceanFirst Financial free cash flow, OceanFirst Financial profits as shown in profit and loss statement give key insights about the business. The net profit for 2018 Q1 is $5.43M and the 2018 Q1 revenue is $71.75M.

View and download details of revenue and profits for OceanFirst Financial for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
OceanFirst Financial Revenues or Net Sales
71.75M54.65M55.39M53.85M52.01M46.16M43.2M38.02M26.45M27.27M
Cost Of Goods Sold (COGS)4.46M3.52M3.12M2.91M2.78M2.39M2.08M1.77M1.27M1.23M
OceanFirst Financial Gross Profit
67.28M51.15M52.26M50.93M49.22M43.78M41.12M36.25M25.17M26.04M
Research & Development Expense----------
Selling General & Admin Expense38.87M26.62M29.69M34.63M29.69M26.04M24.42M21.99M15.86M16.14M
Income Before Depreciation Depletion Amortization28.41M24.53M22.57M16.3M19.53M17.75M16.69M14.25M9.31M9.93M
Depreciation Depletion Amortization----------
Non Operating Income18.48M2.01M1.69M3.15M1.44M6.64M1.31M7.18M1.4M-
Interest Expense2.66M1.89M1.84M1.79M1.75M1.77M1.28M1.35M1.24M1.25M
OceanFirst Financial Pretax Income
6.43M20.16M18.51M10.84M15.81M9.05M13.91M5.58M6.65M8.01M
Provision for Income Taxes1M10.19M5.7M3.17M3.79M3M4.78M1.92M2.45M2.79M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations5.43M9.96M12.82M7.68M12.02M6.05M9.13M3.66M4.21M5.23M
Extraordinary Items & Discontinued Operations----------
OceanFirst Financial Profit/ Loss (Net Income)
5.43M9.96M12.82M7.68M12.02M6.05M9.13M3.66M4.21M5.23M
Average Shares used to compute Diluted EPS44.85M33.17M33.11M33.14M33.09M28.13M25.89M22.88M17.12M17.13M
Average Shares used to compute Basic EPS43.88M32.23M32.18M32.12M31.9M27.46M25.44M22.48M16.91M16.87M
Income Before Nonrecurring Items20.07M14.86M14.89M13.27M13.13M10.55M10.27M8.69M5.44M5.67M
Income from Nonrecurring Items-14.65M-4.9M-2.07M-5.59M-1.11M-4.5M-1.14M-5.03M-1.23M-0.44M
OceanFirst Financial Earnings Per Share Basic Net
0.120.310.400.240.380.220.360.160.250.31
OceanFirst Financial Earnings Per Share Diluted Net
0.120.300.390.230.360.220.350.160.250.31
EPS Diluted Before Nonrecurring Items0.450.450.450.400.400.380.400.380.320.33
Preferred Dividends Acc Pd----------
Dividends Common7.194.89--------
Dividend Per Share Common0.150.150.150.150.150.150.130.130.130.13
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing OceanFirst Financial stock analysis are:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that OCFC stock has a topline or revenue of $71.75M for 2018 Q1 as per this OceanFirst Financial revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. OCFC stock had a poor bottom line growth.

The income statement is also called the profit and loss statement. Apart from the OCFC income statement, one can check the OceanFirst Financial historical stock prices to check how the price has moved with time.

OceanFirst Financial Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
29.08
PS Ratio (price sales ratio)
5.63
Operating Margin
38.4
Net Profit Margin
7.6
Dividend Yield
1.98%

Other Income Statements - OceanFirst Financial Corp. Industry Peers

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