Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2013 - 2019)
Oceanfirst Financial (OCFC) posted quarterly Long-Term Deferred Tax of $5.2 million for Q4 2019, down 91.79% year-over-year from $63.4 million in Q4 2018, and down 92.14% quarter-over-quarter from $66.1 million in Q3 2019.
Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2013 - 2019) Analysis & Trends
Oceanfirst Financial's Long-Term Deferred Tax history runs 7 years deep, the most recent figure standing at $5.2 million for Q4 2019.
- In Q4 2019, Long-Term Deferred Tax fell 91.79% year-over-year to $5.2 million; the TTM figure through Dec 2019 stood at $5.2 million (down 91.79% YoY), while the FY2019 annual figure was $5.2 million, down 91.79% from the prior year.
- Long-Term Deferred Tax for Q4 2019 stood at $5.2 million, down from $66.1 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $66.3 million in Q2 2019, with the low at $1.9 million in Q4 2017.
- The 5-year median for Long-Term Deferred Tax is $38.8 million (2016), against an average of $36.9 million.
- The sharpest annual moves came in 2017 and 2018: Long-Term Deferred Tax tumbled 95.04% in 2017, then jumped 3197.45% in 2018.
- Oceanfirst Financial's Long-Term Deferred Tax stood at $16.8 million in 2015, then jumped by 130.78% to $38.8 million in 2016, then sank by 95.04% to $1.9 million in 2017, then surged by 3197.45% to $63.4 million in 2018, then tumbled by 91.79% to $5.2 million in 2019.
- Business Quant data shows OCFC's Long-Term Deferred Tax at $5.2 million in Q4 2019, $66.1 million in Q3 2019, and $66.3 million in Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Oceanfirst Financial | 1.34 Bn | 1.34 Bn | -4.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 5.20 Mn |
| Sep 30, 2019 | 66.15 Mn |
| Jun 30, 2019 | 66.26 Mn |
| Dec 31, 2018 | 63.38 Mn |
| Dec 31, 2017 | 1.92 Mn |
| Dec 31, 2016 | 38.79 Mn |
| Dec 31, 2015 | 16.81 Mn |
| Dec 31, 2014 | 15.62 Mn |
| Dec 31, 2013 | 15.35 Mn |