Oceanfirst Financial (OCFC) Equipment Expense (2010 - 2026)
Oceanfirst Financial's Equipment Expense came in at $1.45 million for Q3 2026, up 56.0% from $931,000 a year earlier and up 30.7% from the prior quarter.
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Analysis
Oceanfirst Financial (OCFC) Equipment Expense (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Oceanfirst Financial reported Equipment Expense of $4.36 million, up 16.4% year-over-year; for FY2025, it came in at $3.6 million, down 15.4% from FY2024.
- Equipment Expense has declined in each of the last five years, with a five-year compound annual growth rate of -14.3% (FY2020 to FY2025).
- Going back by year, Equipment Expense was $4.25 million in FY2024 (-8.6%), $4.65 million in FY2023 (-6.8%), $4.99 million in FY2022 (-8.4%) and $5.44 million in FY2021 (-29.9%).
- The Q3 2026 figure represents the highest quarterly Equipment Expense since Q1 2021.
- Year-over-year, Equipment Expense increased in two of the last eight quarters, with growth averaging 1.3%.
- The fastest year-over-year change in Equipment Expense over five years came in Q3 2026 (growth of 56.0%), and the weakest in Q4 2021 (a decline of 26.0%).
- Business Quant data shows OCFC's Equipment Expense at $1.11 million (Q2 2026), $921,000 (Q1 2026) and $876,000 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equipment Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | - |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | - |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | - |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Oceanfirst Financial | 1.27 Bn | 1.27 Bn | - | 1.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.11 Mn |
| Mar 31, 2026 | 921,000.00 |
| Dec 31, 2025 | 876,000.00 |
| Sep 30, 2025 | 931,000.00 |
| Jun 30, 2025 | 869,000.00 |
| Mar 31, 2025 | 921,000.00 |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 1.03 Mn |
| Jun 30, 2024 | 1.07 Mn |
| Mar 31, 2024 | 1.13 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 1.17 Mn |
| Jun 30, 2023 | 1.10 Mn |
| Mar 31, 2023 | 1.21 Mn |
| Dec 31, 2022 | 1.13 Mn |
| Sep 30, 2022 | 1.15 Mn |
| Jun 30, 2022 | 1.34 Mn |
| Mar 31, 2022 | 1.37 Mn |
| Dec 31, 2021 | 1.44 Mn |
| Sep 30, 2021 | 1.12 Mn |
API Access
Oceanfirst Financial Equipment Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=equipment-expense&ticker=OCFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equipment-expense", "ticker": "OCFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=equipment-expense&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();