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Oceanfirst Financial (OCFC) Interest Expense - Deposits: 2009-2024

Historic Interest Expense - Deposits for Oceanfirst Financial (OCFC) over the last 16 years, with Dec 2024 value amounting to $242.1 million.

  • Oceanfirst Financial's Interest Expense - Deposits fell 14.56% to $53.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $216.5 million, marking a year-over-year decrease of 10.45%. This contributed to the annual value of $242.1 million for FY2024, which is 40.76% up from last year.
  • Per Oceanfirst Financial's latest filing, its Interest Expense - Deposits stood at $242.1 million for FY2024, which was up 40.76% from $172.0 million recorded in FY2023.
  • Over the past 5 years, Oceanfirst Financial's Interest Expense - Deposits peaked at $242.1 million during FY2024, and registered a low of $25.2 million during FY2021.
  • Moreover, its 3-year median value for Interest Expense - Deposits was $172.0 million (2023), whereas its average is $148.4 million.
  • Per our database at Business Quant, Oceanfirst Financial's Interest Expense - Deposits plummeted by 47.79% in 2021 and then surged by 454.52% in 2023.
  • Yearly analysis of 5 years shows Oceanfirst Financial's Interest Expense - Deposits stood at $48.3 million in 2020, then crashed by 47.79% to $25.2 million in 2021, then rose by 23.05% to $31.0 million in 2022, then spiked by 454.52% to $172.0 million in 2023, then soared by 40.76% to $242.1 million in 2024.