Oceanfirst Financial (OCFC) Divestments (2020 - 2023)
Oceanfirst Financial's quarterly Divestments came in at $4.2 million in Q2 2023, down 68.37% year-on-year from $13.2 million in Q2 2022, and up 529.5% quarter-over-quarter from $661000.0 in Q1 2023.
Oceanfirst Financial has reported Divestments for 4 years, with the latest figure at $4.2 million in Q2 2023.
- For the quarter ending Q2 2023, Divestments fell 68.37% year-over-year to $4.2 million; the trailing twelve-month figure through Mar 2024 stood at $4.2 million (down 72.83% YoY), and the FY2025 full-year result was $365000.0, changed N/A from the prior year.
- Divestments for Q2 2023 stood at $4.2 million, up from $661000.0 in the prior quarter.
- The five-year high for Divestments was $99.1 million in Q1 2021, with the low at -$284000.0 in Q2 2021.
- Average Divestments over 4 years is $11.7 million, with a median of $1.2 million recorded in 2020.
- Peak annual rise in Divestments reached 4732.04% in 2022, while the deepest fall reached 200.0% in 2022.
- Tracing OCFC's Divestments over 4 years: stood at $16.1 million in 2020, then tumbled by 99.99% to $1000.0 in 2021, then slumped by 200.0% to -$1000.0 in 2022, then soared by 416200.0% to $4.2 million in 2023.
- The last three Divestments figures came in at $4.2 million (Q2 2023), $661000.0 (Q1 2023), and -$1000.0 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (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 | 4.16 Mn |
| Mar 31, 2023 | 661,000.00 |
| Dec 31, 2022 | -1,000.00 |
| Sep 30, 2022 | 1.50 Mn |
| Jun 30, 2022 | 13.16 Mn |
| Mar 31, 2022 | 4.58 Mn |
| Dec 31, 2021 | 1,000.00 |
| Jun 30, 2021 | -284,000.00 |
| Mar 31, 2021 | 99.06 Mn |
| Dec 31, 2020 | 16.09 Mn |
| Sep 30, 2020 | 2,000.00 |
| Jun 30, 2020 | 889,000.00 |