Oceanfirst Financial (OCFC) Long-Term Deferred Tax (2013 - 2019)
Oceanfirst Financial's (OCFC) quarterly Long-Term Deferred Tax came in at $5.2 million in Q4 2019, down 91.79% year-on-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.
- On a quarterly basis, Long-Term Deferred Tax fell 91.79% year-over-year to $5.2 million in Q4 2019; TTM through Dec 2019 was $5.2 million, a 91.79% decrease from a year earlier, with the FY2019 full-year figure at $5.2 million, down 91.79% from the prior year.
- Long-Term Deferred Tax slipped to $5.2 million in Q4 2019 per OCFC's latest filing, from $66.1 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $66.3 million in Q2 2019 and bottomed 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.
- Across the five-year window, Long-Term Deferred Tax plunged 95.04% in 2017 and jumped 3197.45% in 2018, its largest moves.
- Year by year, Long-Term Deferred Tax stood at $16.8 million in 2015, then surged by 130.78% to $38.8 million in 2016, then plunged by 95.04% to $1.9 million in 2017, then soared by 3197.45% to $63.4 million in 2018, then slumped by 91.79% to $5.2 million in 2019.
- Per Business Quant, the three latest OCFC Long-Term Deferred Tax figures stand at $5.2 million (Q4 2019), $66.1 million (Q3 2019), and $66.3 million (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - |
| 10 | Oceanfirst Financial | 1.23 Bn | 1.23 Bn | -530,000.00 |
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 |