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Oceanfirst Financial (OCFC) Asset Writedowns and Impairment (2017 - 2023)

Historic Asset Writedowns and Impairment for Oceanfirst Financial (OCFC) over the last 6 years, with Q2 2023 value amounting to $459000.0.

  • Oceanfirst Financial's Asset Writedowns and Impairment rose 4600000.0% to $459000.0 in Q2 2023 from the same period last year, while for Sep 2024 it was $459000.0, marking a year-over-year change of 0.0%. This contributed to the annual value of $459000.0 for FY2023, which is 6902.83% down from last year.
  • Oceanfirst Financial's Asset Writedowns and Impairment amounted to $459000.0 in Q2 2023, which was up 4600000.0% from $55000.0 recorded in Q4 2022.
  • Oceanfirst Financial's Asset Writedowns and Impairment's 5-year high stood at $5.8 million during Q2 2019, with a 5-year trough of -$1000.0 in Q2 2022.
  • Over the past 4 years, Oceanfirst Financial's median Asset Writedowns and Impairment value was $443000.0 (recorded in 2021), while the average stood at $1.4 million.
  • Its Asset Writedowns and Impairment has fluctuated over the past 5 years, first tumbled by 10080.0% in 2022, then soared by 4600000.0% in 2023.
  • Quarter analysis of 4 years shows Oceanfirst Financial's Asset Writedowns and Impairment stood at $243000.0 in 2019, then skyrocketed by 1823.05% to $4.7 million in 2021, then crashed by 98.82% to $55000.0 in 2022, then surged by 734.55% to $459000.0 in 2023.
  • Its last three reported values are $459000.0 in Q2 2023, $55000.0 for Q4 2022, and $24000.0 during Q3 2022.