KPIs & Operating Metrics(New)

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 🔒
DateValue
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