Oceanfirst Financial (OCFC) Asset Writedowns and Impairment (2011 - 2023)
Oceanfirst Financial's quarterly Asset Writedowns and Impairment came in at $459000.0 in Q2 2023, up 46000.0% year-on-year from N/an in Q2 2022, and up 734.55% quarter-over-quarter from $55000.0 in Q4 2022.
Oceanfirst Financial has reported Asset Writedowns and Impairment for 7 years, with the latest figure at $459000.0 in Q2 2023.
- For the quarter ending Q2 2023, Asset Writedowns and Impairment rose 46000.0% year-over-year to $459000.0; the trailing twelve-month figure through Sep 2024 stood at $459000.0 (down 10.7% YoY), and the FY2023 full-year result 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.
- Average Asset Writedowns and Impairment over 4 years is $1.4 million, with a median of $443000.0 recorded in 2021.
- Year-over-year, Asset Writedowns and Impairment tumbled 100.8% in 2022 and surged 46000.0% in 2023.
- Tracing OCFC's Asset Writedowns and Impairment over 4 years: stood at $243000.0 in 2019, then surged by 1823.05% to $4.7 million in 2021, then tumbled by 98.82% to $55000.0 in 2022, then jumped by 734.55% to $459000.0 in 2023.
- The last three Asset Writedowns and Impairment figures came in at $459000.0 (Q2 2023), $55000.0 (Q4 2022), and $24000.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - |
| 10 | Oceanfirst Financial | 1.07 Bn | 1.07 Bn | -530,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 459,000.00 |
| Jun 30, 2023 | 459,000.00 |
| Dec 31, 2022 | 55,000.00 |
| Dec 31, 2022 | 55,000.00 |
| Sep 30, 2022 | 24,000.00 |
| Sep 30, 2022 | 24,000.00 |
| Jun 30, 2022 | -1,000.00 |
| Jun 30, 2022 | -1,000.00 |
| Mar 31, 2022 | 1.40 Mn |
| Mar 31, 2022 | 1.40 Mn |
| Dec 31, 2021 | 4.67 Mn |
| Dec 31, 2021 | 4.67 Mn |
| Sep 30, 2021 | 2.56 Mn |
| Sep 30, 2021 | 2.56 Mn |
| Jun 30, 2021 | 125,000.00 |
| Jun 30, 2021 | 125,000.00 |
| Mar 31, 2021 | 427,000.00 |
| Mar 31, 2021 | 427,000.00 |
| Dec 31, 2019 | 243,000.00 |
| Dec 31, 2019 | 243,000.00 |
| Sep 30, 2019 | 1.46 Mn |
| Sep 30, 2019 | 1.46 Mn |
| Jun 30, 2019 | 5.83 Mn |
| Jun 30, 2019 | 5.83 Mn |
| Dec 31, 2018 | 280,000.00 |
| Dec 31, 2018 | 280,000.00 |
| Sep 30, 2018 | 2.96 Mn |
| Sep 30, 2018 | 2.96 Mn |
| Jun 30, 2018 | 782,000.00 |
| Jun 30, 2018 | 782,000.00 |
| Mar 31, 2018 | 4,000.00 |
| Mar 31, 2018 | 4,000.00 |
| Dec 31, 2017 | -266,000.00 |
| Dec 31, 2017 | -266,000.00 |
| Sep 30, 2017 | 1.37 Mn |
| Sep 30, 2017 | 1.37 Mn |
| Jun 30, 2017 | 4.98 Mn |
| Jun 30, 2017 | 4.98 Mn |
| Sep 30, 2011 | 148,000.00 |
| Sep 30, 2011 | 148,000.00 |