Oceanfirst Financial Corp (OCFC) Amortization of Deferred Charges (2015 - 2026)
Oceanfirst Financial's Amortization of Deferred Charges came in at $803,000 for Q3 2024, down 18.6% from $987,000 a year earlier and down 0.9% from the prior quarter.
Oceanfirst Financial Corp (OCFC) Amortization of Deferred Charges (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, Oceanfirst Financial reported Amortization of Deferred Charges of $3.43 million, down 17.6% year-over-year; for FY2023, it was $3.98 million, down 15.6% from FY2022.
- Amortization of Deferred Charges has declined in each of the last three years, though with a five-year compound annual growth rate of 0.9% (FY2018 to FY2023).
- Going back by year, Amortization of Deferred Charges was $4.72 million in FY2022 (-13.5%), $5.45 million in FY2021 (-11.8%), $6.19 million in FY2020 (+53.6%) and $4.03 million in FY2019 (+5.7%).
- The Q3 2024 figure represents the lowest quarterly Amortization of Deferred Charges in data going back to Q1 2021.
- Year-over-year, Amortization of Deferred Charges has declined for 11 consecutive quarters, with an average decline of 16.4% over the last eight quarters.
- The year-over-year decline in Amortization of Deferred Charges has ranged between 13.3% (Q1 2022) and 18.6% (Q3 2024) over the last five years.
- Business Quant data shows OCFC's Amortization of Deferred Charges at $810,000 (Q2 2024), $844,000 (Q1 2024) and $976,000 (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 155,000.00 |
| Mar 31, 2026 | 155,000.00 |
| Dec 31, 2025 | 99,000.00 |
| Jun 30, 2025 | 93,000.00 |
| Mar 31, 2025 | 146,000.00 |
| Dec 31, 2024 | 163,000.00 |
| Sep 30, 2024 | 803,000.00 |
| Jun 30, 2024 | 810,000.00 |
| Mar 31, 2024 | 152,000.00 |
| Dec 31, 2023 | -2.41 Mn |
| Sep 30, 2023 | 987,000.00 |
| Jun 30, 2023 | 994,000.00 |
| Mar 31, 2023 | 1.03 Mn |
| Dec 31, 2022 | -3.01 Mn |
| Sep 30, 2022 | 1.17 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Mar 31, 2022 | 1.21 Mn |
| Dec 31, 2021 | 1.34 Mn |
| Sep 30, 2021 | 1.35 Mn |
| Jun 30, 2021 | 1.36 Mn |
Oceanfirst Financial Corp Amortization of Deferred Charges API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-of-deferred-charges&ticker=OCFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-of-deferred-charges", "ticker": "OCFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=amortization-of-deferred-charges&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();