Financial Services - Banks - Regional - NASDAQ - US
$ 20.49
0.147 %
$ 1.2 B
Market Cap
11.71
P/E
INCOME STATEMENT
386 M
REVENUE
177 M
OPERATING INCOME
104 M
NET INCOME
EFFICIENCY
Earnings Waterfall
OceanFirst Financial Corp.
| Revenue | 386 M |
| Cost Of Revenue | -255 M |
| Gross Profit | 641 M |
| Operating Expenses | 209 M |
| Operating Income | 177 M |
| Other Expenses | 72.6 M |
| Net Income | 104 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||
| Revenue | 385.7 | 431.6 | 352.1 | 367.2 | 292.2 | 271.1 | 192.7 | 138.3 | 91.3 | 88.6 | 81.5 | 90.3 | 92.8 | 92.4 | 81.1 | 70.8 | 55.5 | 71.7 | 85.0 | 76.8 | 76.4 | 71.7 | 67.9 | 55.8 | 53.7 | 46.6 | 45.5 | 39.3 | 2.3 |
| GROSS PROFIT | |||||||||||||||||||||||||||||
| Cost Of Revenue | (255.2) | 43.4 | 41.4 | 45.1 | 39.8 | 39.7 | 28.2 | 21.1 | 14.9 | 14.0 | 14.2 | 13.9 | 14.2 | 7.7 | 8.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 640.9 | 388.2 | 310.7 | 322.1 | 252.3 | 231.4 | 164.5 | 117.2 | 76.4 | 74.6 | 67.3 | 76.4 | 78.6 | 84.7 | 72.9 | 70.8 | 55.5 | 71.7 | 85.0 | 76.8 | 76.4 | 71.7 | 67.9 | 55.8 | 53.7 | 46.6 | 45.5 | 39.3 | 2.3 |
| OPERATING INCOME | |||||||||||||||||||||||||||||
| Operating Expenses | 209.0 | 234.9 | (209.8) | (286.1) | (184.8) | (149.5) | 98.3 | 81.7 | 45.8 | 43.8 | 45.6 | 39.0 | 38.5 | 46.0 | 42.4 | (3.8) | 7.5 | 5.9 | (13.3) | (14.1) | (8.7) | 5.8 | 23.4 | 33.8 | 30.1 | 35.0 | 31.6 | 4.0 | 50.3 |
| Selling, General and Administrative Expenses | 209.0 | 142.2 | 149.9 | 139.6 | 110.4 | 103.5 | 74.2 | 59.4 | 40.3 | 39.6 | 36.5 | 35.0 | 37.7 | 46.0 | 41.1 | 32.5 | 40.9 | 41.0 | 34.1 | 29.3 | 24.4 | 22.3 | 29.2 | 25.5 | 22.1 | 20.0 | 18.0 | 14.0 | 8.7 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 176.7 | 246.9 | 142.2 | 81.0 | 107.4 | 121.7 | (0.9) | (0.9) | (0.1) | (0.4) | (0.2) | 10 K | (0.6) | (0.7) | 2 K | 67.0 | 63.0 | 77.6 | 71.7 | 62.6 | 67.7 | 77.5 | 91.4 | 89.6 | 83.8 | 81.6 | 77.1 | 43.3 | 52.6 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||
| Interest Income Expense | 238.2 | 53.7 | 36.8 | 66.7 | 52.8 | 36.2 | 19.6 | 13.2 | 9.0 | 7.5 | 9.6 | 14.1 | 18.1 | 24.3 | 30.4 | 45.4 | 62.0 | 58.4 | 41.9 | 34.9 | 36.9 | 47.6 | 63.1 | 66.4 | 58.8 | 61.4 | 55.6 | 43.9 | 40.0 |
| Total Other Income | (39.9) | (38.1) | (46.1) | (70.9) | (50.0) | (55.3) | (33.5) | (30.0) | (11.3) | (8.8) | (14.1) | (2.8) | (0.1) | 31.5 | 24.8 | (45.4) | (62.0) | 0 | 0 | 0 | (36.9) | (47.6) | (62.1) | (66.4) | (58.8) | (61.4) | (55.6) | (43.9) | (40.0) |
| Pre-Tax Income | 136.8 | 193.9 | 142.2 | 81.0 | 107.4 | 85.5 | 65.3 | 35.2 | 31.2 | 30.5 | 24.9 | 30.9 | 32.2 | 30.8 | 24.8 | 21.6 | 0.9 | 19.2 | 29.8 | 27.7 | 30.8 | 29.9 | 29.3 | 23.2 | 25.0 | 20.2 | 21.5 | (0.6) | 12.6 |
| NET INCOME | |||||||||||||||||||||||||||||
| Tax Provision | 32.7 | 46.6 | 32.2 | 17.7 | 18.8 | 13.6 | 22.9 | 12.2 | 10.9 | 10.6 | 8.6 | 10.9 | 11.5 | 10.4 | 9.2 | 6.9 | (0.1) | 6.6 | 10.3 | 9.8 | 11.0 | 9.8 | 10.1 | 6.8 | 8.7 | 7.2 | 7.7 | 1.1 | 4.7 |
| Net Income | 104.0 | 146.6 | 110.1 | 63.3 | 88.6 | 71.9 | 42.5 | 23.0 | 20.3 | 19.9 | 16.3 | 20.0 | 20.7 | 20.4 | 15.7 | 14.8 | 1.1 | 12.6 | 19.5 | 17.9 | 19.9 | 20.1 | 18.2 | 16.4 | 16.3 | 13.0 | 13.8 | (1.7) | 7.9 |
| EPS | 1.7 | 2.43 | 1.79 | 1.02 | 1.77 | 1.54 | 1.32 | 1 | 1.22 | 1.19 | 0.96 | 1.13 | 1.14 | 1.12 | 0.98 | 1.27 | 0.09 | 1.09 | 1.65 | 1.48 | 1.62 | 1.57 | 1.31 | 1.06 | 0.91 | 0.65 | 0.3 | 0.0626 | 0.29 |