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
DateValue
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