Oceanfirst Financial (OCFC) Provisions (2016 - 2026)
Oceanfirst Financial (OCFC) has disclosed Provisions for 11 consecutive years, with $2.7 million as the latest value for Q1 2026.
- For Q1 2026, Provisions fell 53.01% year-over-year to $2.7 million; the TTM value through Mar 2026 reached $13.6 million, up 3.37%, while the annual FY2025 figure was $16.2 million, 110.31% up from the prior year.
- Provisions hit $2.7 million in Q1 2026 for Oceanfirst Financial, down from $3.7 million in the prior quarter.
- Across five years, Provisions topped out at $10.3 million in Q3 2023 and bottomed at $139000.0 in Q3 2024.
- Average Provisions over 5 years is $3.1 million, with a median of $3.0 million recorded in 2025.
- Year-over-year, Provisions crashed 98.65% in 2024 and then surged 2843.88% in 2025.
- Oceanfirst Financial's Provisions stood at $3.6 million in 2022, then decreased by 13.55% to $3.2 million in 2023, then grew by 28.35% to $4.0 million in 2024, then dropped by 8.57% to $3.7 million in 2025, then fell by 26.0% to $2.7 million in 2026.
- According to Business Quant data, Provisions over the past three periods came in at $2.7 million, $3.7 million, and $4.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.