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.

• In Q2 2023, Asset Writedowns and Impairment rose 46000.0% year-over-year to $459000.0; the TTM figure through Sep 2024 stood at $459000.0 (down 10.7% YoY), while the FY2023 annual figure was $459000.0, down 69.03% from the prior year.
• Asset Writedowns and Impairment for Q2 2023 stood at $459000.0, up from $55000.0 in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $5.8 million in Q2 2019, with the low 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.
• The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment slumped 100.8% in 2022, then surged 46000.0% in 2023.
• Oceanfirst Financial's Asset Writedowns and Impairment stood at $243000.0 in 2019, then soared by 1823.05% to $4.7 million in 2021, then tumbled by 98.82% to $55000.0 in 2022, then surged by 734.55% to $459000.0 in 2023.
• Business Quant data shows OCFC's Asset Writedowns and Impairment at $459000.0 in Q2 2023, $55000.0 in Q4 2022, and $24000.0 in Q3 2022.