KPIs & Operating Metrics(New)

Oceanfirst Financial (OCFC) Provisions: 2009-2024

Historic Provisions for Oceanfirst Financial (OCFC) over the last 16 years, with Dec 2024 value amounting to $7.7 million.

  • Oceanfirst Financial's Provisions rose 691.49% to $4.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $16.4 million, marking a year-over-year increase of 118.39%. This contributed to the annual value of $7.7 million for FY2024, which is 58.87% down from last year.
  • Per Oceanfirst Financial's latest filing, its Provisions stood at $7.7 million for FY2024, which was down 58.87% from $18.7 million recorded in FY2023.
  • In the past 5 years, Oceanfirst Financial's Provisions registered a high of $59.4 million during FY2020, and its lowest value of -$11.8 million during FY2021.
  • Moreover, its 3-year median value for Provisions was $7.8 million (2022), whereas its average is $11.4 million.
  • As far as peak fluctuations go, Oceanfirst Financial's Provisions skyrocketed by 3,531.05% in 2020, and later plummeted by 119.92% in 2021.
  • Yearly analysis of 5 years shows Oceanfirst Financial's Provisions stood at $59.4 million in 2020, then slumped by 119.92% to -$11.8 million in 2021, then surged by 165.65% to $7.8 million in 2022, then spiked by 140.67% to $18.7 million in 2023, then tumbled by 58.87% to $7.7 million in 2024.