Oceanfirst Financial (OCFC) Provisions (2010 - 2026)
Oceanfirst Financial (OCFC) posted quarterly Provisions of $3.1 million for Q1 2026, down 47.06% year-over-year from $5.8 million in Q1 2025, and down 16.62% quarter-over-quarter from $3.7 million in Q4 2025.
Oceanfirst Financial (OCFC) Provisions (2010 - 2026) Analysis & Trends
Oceanfirst Financial's Provisions history runs 17 years deep, the most recent figure standing at $3.1 million for Q1 2026.
- In Q1 2026, Provisions fell 47.06% year-over-year to $3.1 million; the TTM figure through Mar 2026 stood at $13.9 million (up 7.63% YoY), while the FY2025 annual figure was $16.2 million, up 110.31% from the prior year.
- Provisions for Q1 2026 stood at $3.1 million, down from $3.7 million in the prior quarter.
- The five-year high for Provisions was $10.4 million in Q3 2023, with the low at $517000.0 in Q3 2024.
- The 5-year median for Provisions is $3.1 million (2024), against an average of $3.2 million.
- The sharpest annual moves came in 2024 and 2025: Provisions plunged 95.01% in 2024, then jumped 885.96% in 2025.
- Oceanfirst Financial's Provisions stood at $3.4 million in 2022, then decreased by 8.13% to $3.2 million in 2023, then climbed by 9.96% to $3.5 million in 2024, then rose by 6.72% to $3.7 million in 2025, then slipped by 16.62% to $3.1 million in 2026.
- Business Quant data shows OCFC's Provisions at $3.1 million in Q1 2026, $3.7 million in Q4 2025, and $4.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 213.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 538.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 395.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 131.00 Mn |
| 10 | Oceanfirst Financial | 1.34 Bn | 1.34 Bn | -4.36 Mn | 4.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.00 Mn |
| Mar 31, 2026 | 3.09 Mn |
| Dec 31, 2025 | 3.70 Mn |
| Sep 30, 2025 | 4.09 Mn |
| Jun 30, 2025 | 3.04 Mn |
| Mar 31, 2025 | 5.83 Mn |
| Dec 31, 2024 | 3.47 Mn |
| Sep 30, 2024 | 517,000.00 |
| Jun 30, 2024 | 3.12 Mn |
| Mar 31, 2024 | 591,000.00 |
| Dec 31, 2023 | 3.15 Mn |
| Sep 30, 2023 | 10.36 Mn |
| Jun 30, 2023 | 1.72 Mn |
| Mar 31, 2023 | 3.32 Mn |
| Dec 31, 2022 | 3.43 Mn |
| Sep 30, 2022 | 1.21 Mn |
| Jun 30, 2022 | 1.47 Mn |
| Mar 31, 2022 | 1.85 Mn |
| Dec 31, 2021 | -1.57 Mn |
| Sep 30, 2021 | -4.11 Mn |