Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2012 - 2019)
Oceanfirst Financial (OCFC) recorded quarterly Long-Term Deferred Tax of -$3.3 million in Q4 2019, down 104.92% quarter-over-quarter from $66.1 million in Q3 2019, and down 105.13% on a YoY basis from $63.4 million in Q4 2018.
Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2012 - 2019) Analysis & Trends
Oceanfirst Financial's Long-Term Deferred Tax history runs 8 years deep, the most recent figure standing at -$3.3 million for Q4 2019.
- In Q4 2019, Long-Term Deferred Tax fell 105.13% year-over-year to -$3.3 million; the TTM figure through Dec 2019 stood at -$3.3 million (down 105.13% YoY), while the FY2019 annual figure was -$3.3 million, down 105.13% from the prior year.
- Long-Term Deferred Tax was -$3.3 million for Q4 2019 at Oceanfirst Financial, down from $66.1 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $66.7 million in Q1 2019 to a low of -$3.3 million in Q4 2019.
- Historically, Long-Term Deferred Tax has averaged $42.7 million across 5 years, with a median of $59.1 million in 2018.
- The sharpest annual moves came in 2018 and 2019: Long-Term Deferred Tax surged 3197.45% in 2018, then sank 105.13% in 2019.
- A 5-year view of Long-Term Deferred Tax shows it stood at $16.8 million in 2015, then soared by 131.33% to $38.9 million in 2016, then sank by 95.06% to $1.9 million in 2017, then soared by 3197.45% to $63.4 million in 2018, then tumbled 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
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - |
| 10 | Oceanfirst Financial | 1.06 Bn | 1.06 Bn | -530,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -3.25 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 |
| Dec 31, 2016 | 38.88 Mn |
| Dec 31, 2015 | 16.81 Mn |
| Dec 31, 2014 | 15.62 Mn |
| Dec 31, 2013 | 15.35 Mn |
| Dec 31, 2012 | 9.00 Mn |