Oceanfirst Financial (OCFC) Divestments (2020 - 2023)

Oceanfirst Financial's (OCFC) 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 (OCFC) Divestments (2020 - 2023) Analysis & Trends

Oceanfirst Financial's Divestments history runs 4 years deep, the most recent figure standing at $4.2 million for Q2 2023.

  • On a quarterly basis, Divestments fell 68.37% year-over-year to $4.2 million in Q2 2023; TTM through Mar 2024 was $4.2 million, a 72.83% decrease from a year earlier, with the FY2025 full-year figure at $2.8 million, changed N/A from the prior year.
  • Divestments climbed to $4.2 million in Q2 2023 per OCFC's latest filing, from $661000.0 in the prior quarter.
  • Across five years, Divestments topped out at $99.1 million in Q1 2021 and bottomed at -$284000.0 in Q2 2021.
  • The 4-year median for Divestments is $1.2 million (2020), against an average of $11.7 million.
  • Biggest YoY gain for Divestments was 4732.04% in 2022; the steepest drop was 200.0% in 2022.
  • Year by year, Divestments stood at $16.1 million in 2020, then slumped by 99.99% to $1000.0 in 2021, then sank by 200.0% to -$1000.0 in 2022, then surged by 416200.0% to $4.2 million in 2023.
  • Per Business Quant, the three latest OCFC Divestments figures stand at $4.2 million (Q2 2023), $661000.0 (Q1 2023), and -$1000.0 (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -61.56 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - -
6 Landmark Bancorp 187.97 Bn 187.94 Bn - -
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - -
10 Oceanfirst Financial 1.12 Bn 1.12 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