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Ratios

Oceanfirst Financial (OCFC) Rent Expense (2016 - 2026)

Oceanfirst Financial (OCFC) has disclosed Rent Expense for 11 consecutive years, with $5.8 million as the latest value for Q1 2026.

  • For Q1 2026, Rent Expense rose 6.09% year-over-year to $5.8 million; the TTM value through Mar 2026 reached $23.2 million, up 9.95%, while the annual FY2025 figure was $22.9 million, 9.91% up from the prior year.
  • Rent Expense hit $5.8 million in Q1 2026 for Oceanfirst Financial, roughly flat from $5.8 million in the prior quarter.
  • Across five years, Rent Expense topped out at $6.1 million in Q3 2025 and bottomed at $4.8 million in Q2 2022.
  • Average Rent Expense over 5 years is $5.4 million, with a median of $5.3 million recorded in 2024.
  • Year-over-year, Rent Expense fell 10.46% in 2022 and then increased 18.25% in 2025.
  • Oceanfirst Financial's Rent Expense stood at $5.0 million in 2022, then rose by 3.8% to $5.2 million in 2023, then rose by 1.19% to $5.3 million in 2024, then rose by 10.32% to $5.8 million in 2025, then rose by 0.12% to $5.8 million in 2026.
  • According to Business Quant data, Rent Expense over the past three periods came in at $5.8 million, $5.8 million, and $6.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.