Oceanfirst Financial (OCFC) Non Operating Interest Expenses (2010 - 2024)
Oceanfirst Financial (OCFC) posted Non Operating Interest Expenses of $75.4 million for Q1 2024, up 3.81% on a QoQ basis from $72.6 million in Q4 2023, and up 87.36% year-over-year from $40.2 million in Q2 2023.
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Analysis
Oceanfirst Financial (OCFC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Oceanfirst Financial has reported Non Operating Interest Expenses for 15 years, with the latest figure at $75.4 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 87.36% year-over-year to $75.4 million in Q1 2024; TTM through Mar 2024 was $273.4 million, a 213.61% increase from a year earlier, with the FY2023 full-year figure at $238.2 million, up 343.67% from the prior year.
- Non Operating Interest Expenses was $75.4 million for Q1 2024 at Oceanfirst Financial, up from $72.6 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $75.4 million in Q1 2024, with the low at $6.8 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $27.7 million, with a median of $16.2 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 48.76% in 2021, then surged 572.78% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $14.7 million in 2020, then plunged by 46.5% to $7.9 million in 2021, then jumped by 202.24% to $23.8 million in 2022, then surged by 205.23% to $72.6 million in 2023, then climbed by 3.81% to $75.4 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $75.4 million (Q1 2024), $72.6 million (Q4 2023), and $67.4 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 58.71 Bn | 58.71 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 47.86 Bn | 24.13 Bn | - | - |
| 4 | M&T Bank | 32.26 Bn | 32.26 Bn | - | - |
| 5 | Huntington Bancshares | 31.70 Bn | 27.21 Bn | - | - |
| 6 | Citizens Financial | 27.67 Bn | 27.67 Bn | - | - |
| 7 | Regions Financial | 23.78 Bn | 23.85 Bn | - | - |
| 8 | Keycorp | 21.85 Bn | -25.84 Bn | - | - |
| 9 | First Citizens Bancshares | 21.48 Bn | 20.95 Bn | 29.00 Mn | - |
| 10 | Oceanfirst Financial | 1.22 Bn | 1.22 Bn | -4.36 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 75.38 Mn |
| Dec 31, 2023 | 72.61 Mn |
| Sep 30, 2023 | 67.41 Mn |
| Jun 30, 2023 | 57.99 Mn |
| Mar 31, 2023 | 40.23 Mn |
| Dec 31, 2022 | 23.79 Mn |
| Sep 30, 2022 | 14.53 Mn |
| Jun 30, 2022 | 8.62 Mn |
| Mar 31, 2022 | 6.76 Mn |
| Dec 31, 2021 | 7.87 Mn |
| Sep 30, 2021 | 8.29 Mn |
| Jun 30, 2021 | 9.33 Mn |
| Mar 31, 2021 | 11.27 Mn |
| Dec 31, 2020 | 14.71 Mn |
| Sep 30, 2020 | 16.17 Mn |
| Jun 30, 2020 | 17.21 Mn |
| Mar 31, 2020 | 18.56 Mn |
| Dec 31, 2019 | 13.72 Mn |
| Sep 30, 2019 | 13.50 Mn |
| Jun 30, 2019 | 13.57 Mn |
API Access
Oceanfirst Financial Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=OCFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "OCFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();