Oceanfirst Financial (OCFC) Asset Writedowns and Impairment: 2017-2023
Historic Asset Writedowns and Impairment for Oceanfirst Financial (OCFC) over the last 5 years, with Jun 2023 value amounting to $459,000.
- Oceanfirst Financial's Asset Writedowns and Impairment rose 46000.00% to $459,000 in Q2 2023 from the same period last year, while for Jun 2023 it was $537,000, marking a year-over-year decrease of 93.78%. This contributed to the annual value of $459,000 for FY2023, which is 69.03% down from last year.
- Oceanfirst Financial's Asset Writedowns and Impairment amounted to $459,000 in Q2 2023, which was up 734.55% from $55,000 recorded in Q4 2022.
- Over the past 5 years, Oceanfirst Financial's Asset Writedowns and Impairment peaked at $5.8 million during Q2 2019, and registered a low of -$1,000 during Q2 2022.
- In the last 3 years, Oceanfirst Financial's Asset Writedowns and Impairment had a median value of $427,000 in 2021 and averaged $1.1 million.
- As far as peak fluctuations go, Oceanfirst Financial's Asset Writedowns and Impairment slumped by 100.80% in 2022, and later soared by 46,000.00% in 2023.
- Over the past 4 years, Oceanfirst Financial's Asset Writedowns and Impairment (Quarterly) stood at $243,000 in 2019, then reached $4.7 million in 2021, then plummeted by 98.82% to $55,000 in 2022, then spiked by 46,000.00% to $459,000 in 2023.
- Its last three reported values are $459,000 in Q2 2023, $55,000 for Q4 2022, and $24,000 during Q3 2022.