Oceanfirst Financial (OCFC) Asset Writedowns and Impairment (2010 - 2023)

Oceanfirst Financial's Asset Writedowns and Impairment history runs 9 years deep, the most recent figure standing at $459000.0 for Q2 2023.

• On a quarterly basis, Asset Writedowns and Impairment rose 46000.0% year-over-year to $459000.0 in Q2 2023; TTM through Sep 2024 was $459000.0, a 10.7% decrease from a year earlier, with the FY2023 full-year figure at $459000.0, down 69.03% from the prior year.
• Asset Writedowns and Impairment climbed to $459000.0 in Q2 2023 per OCFC's latest filing, from $55000.0 in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $5.8 million in Q2 2019 and bottomed at -$1000.0 in Q2 2022.
• The 4-year median for Asset Writedowns and Impairment is $443000.0 (2021), against an average of $1.4 million.
• Across the five-year window, Asset Writedowns and Impairment tumbled 100.8% in 2022 and surged 46000.0% in 2023, its largest moves.
• Year by year, Asset Writedowns and Impairment stood at $243000.0 in 2019, then jumped by 1823.05% to $4.7 million in 2021, then slumped by 98.82% to $55000.0 in 2022, then soared by 734.55% to $459000.0 in 2023.
• Per Business Quant, the three latest OCFC Asset Writedowns and Impairment figures stand at $459000.0 (Q2 2023), $55000.0 (Q4 2022), and $24000.0 (Q3 2022).