Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2013 - 2019)
Oceanfirst Financial (OCFC) posted Long-Term Deferred Tax of $50.1 million for Q4 2019, down 24.31% on a QoQ basis from $66.1 million in Q3 2019, and down 21.0% year-over-year from $63.4 million in Q4 2018.
Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2013 - 2019) Analysis & Trends
Oceanfirst Financial has reported Long-Term Deferred Tax for 7 years, with the latest figure at $50.1 million in Q4 2019.
- On a quarterly basis, Long-Term Deferred Tax fell 21.0% year-over-year to $50.1 million in Q4 2019; TTM through Dec 2019 was $50.1 million, a 21.0% decrease from a year earlier, with the FY2019 full-year figure at $50.1 million, down 21.0% from the prior year.
- Long-Term Deferred Tax was $50.1 million for Q4 2019 at Oceanfirst Financial, 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 $1.9 million in Q4 2017.
- Average Long-Term Deferred Tax over 5 years is $45.8 million, with a median of $54.6 million recorded in 2018.
- The sharpest annual moves came in 2017 and 2018: Long-Term Deferred Tax slumped 95.06% in 2017, then soared 3197.45% in 2018.
- Over 5 years, Long-Term Deferred Tax 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 fell by 21.0% to $50.1 million in 2019.
- The last three Long-Term Deferred Tax figures came in at $50.1 million (Q4 2019), $66.1 million (Q3 2019), and $66.3 million (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - |
| 2 | Truist Financial | 58.71 Bn | 58.71 Bn | - |
| 3 | Fifth Third Bancorp | 47.86 Bn | 24.13 Bn | - |
| 4 | M&T Bank | 32.26 Bn | 32.26 Bn | - |
| 5 | Huntington Bancshares | 31.70 Bn | 27.21 Bn | - |
| 6 | Citizens Financial | 27.67 Bn | 27.67 Bn | - |
| 7 | Regions Financial | 23.78 Bn | 23.85 Bn | - |
| 8 | Keycorp | 21.85 Bn | -25.84 Bn | - |
| 9 | First Citizens Bancshares | 21.48 Bn | 20.95 Bn | 29.00 Mn |
| 10 | Oceanfirst Financial | 1.22 Bn | 1.22 Bn | -4.36 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 50.07 Mn |
| Sep 30, 2019 | 66.15 Mn |
| Jun 30, 2019 | 66.26 Mn |
| Mar 31, 2019 | 66.69 Mn |
| Dec 31, 2018 | 63.38 Mn |
| Sep 30, 2018 | 59.05 Mn |
| Jun 30, 2018 | 59.28 Mn |
| Mar 31, 2018 | 60.14 Mn |
| Dec 31, 2017 | 1.92 Mn |
| Sep 30, 2017 | 29.72 Mn |
| Jun 30, 2017 | 29.80 Mn |
| Mar 31, 2017 | 33.65 Mn |
| Dec 31, 2016 | 38.88 Mn |
| Dec 31, 2015 | 16.81 Mn |
| Dec 31, 2014 | 15.62 Mn |
| Dec 31, 2013 | 15.35 Mn |
Oceanfirst Financial Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=OCFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();