Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2012 - 2019)

Oceanfirst Financial has reported Long-Term Deferred Tax for 8 years, with the latest figure at -$3.3 million in Q4 2019.

• For the quarter ending Q4 2019, Long-Term Deferred Tax fell 105.13% year-over-year to -$3.3 million; the trailing twelve-month figure through Dec 2019 stood at -$3.3 million (down 105.13% YoY), and the FY2019 full-year result was -$3.3 million, down 105.13% from the prior year.
• Long-Term Deferred Tax for Q4 2019 stood at -$3.3 million, down from $66.1 million in the prior quarter.
• The five-year high for Long-Term Deferred Tax was $66.7 million in Q1 2019, with the low at -$3.3 million in Q4 2019.
• Average Long-Term Deferred Tax over 5 years is $42.7 million, with a median of $59.1 million recorded in 2018.
• Year-over-year, Long-Term Deferred Tax jumped 3197.45% in 2018 and sank 105.13% in 2019.
• Tracing OCFC's Long-Term Deferred Tax over 5 years: stood at $16.8 million in 2015, then jumped by 131.33% to $38.9 million in 2016, then plunged by 95.06% to $1.9 million in 2017, then jumped by 3197.45% to $63.4 million in 2018, then slumped by 105.13% to -$3.3 million in 2019.
• The last three Long-Term Deferred Tax figures came in at -$3.3 million (Q4 2019), $66.1 million (Q3 2019), and $66.3 million (Q2 2019), per Business Quant data.

Peer Comparison