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
DateValue
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