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

Oceanfirst Financial has reported Asset Writedowns and Impairment over the past 6 years, most recently at $459000.0 for Q2 2023.

  • Quarterly results put Asset Writedowns and Impairment at $459000.0 for Q2 2023, up 46000.0% from a year ago — trailing twelve months through Sep 2024 was $459000.0 (down 10.7% YoY), and the annual figure for FY2023 was $459000.0, down 69.03%.
  • Asset Writedowns and Impairment for Q2 2023 was $459000.0 at Oceanfirst Financial, up from $55000.0 in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for OCFC hit a ceiling of $5.8 million in Q2 2019 and a floor of -$1000.0 in Q2 2022.
  • Median Asset Writedowns and Impairment over the past 4 years was $443000.0 (2021), compared with a mean of $1.4 million.
  • Biggest five-year swings in Asset Writedowns and Impairment: crashed 100.8% in 2022 and later surged 46000.0% in 2023.
  • Oceanfirst Financial's Asset Writedowns and Impairment stood at $243000.0 in 2019, then surged by 1823.05% to $4.7 million in 2021, then crashed by 98.82% to $55000.0 in 2022, then skyrocketed by 734.55% to $459000.0 in 2023.
  • The last three reported values for Asset Writedowns and Impairment were $459000.0 (Q2 2023), $55000.0 (Q4 2022), and $24000.0 (Q3 2022) per Business Quant data.