Oceanfirst Financial (OCFC) Rent Expense (2010 - 2026)
Oceanfirst Financial's quarterly Rent Expense came in at $5.8 million in Q1 2026, up 6.09% year-on-year from $5.5 million in Q1 2025, and little changed quarter-over-quarter from $5.8 million in Q4 2025.
Oceanfirst Financial has reported Rent Expense for 17 years, with the latest figure at $5.8 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 6.09% year-over-year to $5.8 million; the trailing twelve-month figure through Mar 2026 stood at $23.2 million (up 9.95% YoY), and the FY2025 full-year result was $22.9 million, up 9.91% from the prior year.
- Rent Expense for Q1 2026 stood at $5.8 million, roughly flat from $5.8 million in the prior quarter.
- The five-year high for Rent Expense was $6.1 million in Q3 2025, with the low 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 dropped 10.46% in 2022 and rose 18.25% in 2025.
- Tracing OCFC's Rent Expense over 5 years: 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 climbed by 0.12% to $5.8 million in 2026.
- The last three Rent Expense figures came in at $5.8 million (Q1 2026), $5.8 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.45 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 262.00 Mn |
| 10 | Oceanfirst Financial | 1.07 Bn | 1.07 Bn | -530,000.00 | 5.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.83 Mn |
| Mar 31, 2026 | 5.83 Mn |
| Dec 31, 2025 | 5.83 Mn |
| Dec 31, 2025 | 5.83 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Jun 30, 2025 | 5.45 Mn |
| Jun 30, 2025 | 5.45 Mn |
| Mar 31, 2025 | 5.50 Mn |
| Mar 31, 2025 | 5.50 Mn |
| Dec 31, 2024 | 5.28 Mn |
| Dec 31, 2024 | 5.28 Mn |
| Sep 30, 2024 | 5.16 Mn |
| Sep 30, 2024 | 5.16 Mn |
| Jun 30, 2024 | 5.18 Mn |
| Jun 30, 2024 | 5.18 Mn |
| Mar 31, 2024 | 5.20 Mn |
| Mar 31, 2024 | 5.20 Mn |
| Dec 31, 2023 | 5.22 Mn |
| Dec 31, 2023 | 5.22 Mn |
| Sep 30, 2023 | 5.47 Mn |
| Sep 30, 2023 | 5.47 Mn |
| Jun 30, 2023 | 5.27 Mn |
| Jun 30, 2023 | 5.27 Mn |
| Mar 31, 2023 | 5.24 Mn |
| Mar 31, 2023 | 5.24 Mn |
| Dec 31, 2022 | 5.03 Mn |
| Dec 31, 2022 | 5.03 Mn |
| Sep 30, 2022 | 5.29 Mn |
| Sep 30, 2022 | 5.29 Mn |
| Jun 30, 2022 | 4.76 Mn |
| Jun 30, 2022 | 4.76 Mn |
| Mar 31, 2022 | 5.74 Mn |
| Mar 31, 2022 | 5.74 Mn |
| Dec 31, 2021 | 5.10 Mn |
| Dec 31, 2021 | 5.10 Mn |
| Sep 30, 2021 | 5.01 Mn |
| Sep 30, 2021 | 5.01 Mn |
| Jun 30, 2021 | 5.31 Mn |
| Jun 30, 2021 | 5.31 Mn |
| Mar 31, 2021 | 5.06 Mn |
| Mar 31, 2021 | 5.06 Mn |
| Dec 31, 2020 | 4.97 Mn |
| Dec 31, 2020 | 4.97 Mn |
| Sep 30, 2020 | 5.27 Mn |
| Sep 30, 2020 | 5.27 Mn |
| Jun 30, 2020 | 5.27 Mn |
| Jun 30, 2020 | 5.27 Mn |
| Mar 31, 2020 | 5.28 Mn |
| Mar 31, 2020 | 5.28 Mn |
| Dec 31, 2019 | 4.07 Mn |
| Dec 31, 2019 | 4.07 Mn |
| Sep 30, 2019 | 4.16 Mn |
| Sep 30, 2019 | 4.16 Mn |
| Jun 30, 2019 | 4.40 Mn |
| Jun 30, 2019 | 4.40 Mn |
| Mar 31, 2019 | 4.53 Mn |
| Mar 31, 2019 | 4.53 Mn |
| Dec 31, 2018 | 4.33 Mn |
| Dec 31, 2018 | 4.33 Mn |
| Sep 30, 2018 | 4.44 Mn |
| Sep 30, 2018 | 4.44 Mn |
| Jun 30, 2018 | 4.57 Mn |
| Jun 30, 2018 | 4.57 Mn |
| Mar 31, 2018 | 4.57 Mn |
| Mar 31, 2018 | 4.57 Mn |
| Dec 31, 2017 | 2.69 Mn |
| Dec 31, 2017 | 2.69 Mn |
| Sep 30, 2017 | 2.56 Mn |
| Sep 30, 2017 | 2.56 Mn |
| Jun 30, 2017 | 2.64 Mn |
| Jun 30, 2017 | 2.64 Mn |
| Mar 31, 2017 | 2.77 Mn |
| Mar 31, 2017 | 2.77 Mn |
| Dec 31, 2016 | 2.38 Mn |
| Dec 31, 2016 | 2.38 Mn |
| Sep 30, 2016 | 2.32 Mn |
| Sep 30, 2016 | 2.32 Mn |
| Jun 30, 2016 | 2.01 Mn |
| Jun 30, 2016 | 2.01 Mn |
| Mar 31, 2016 | 1.63 Mn |
| Mar 31, 2016 | 1.63 Mn |
| Dec 31, 2015 | 1.52 Mn |
| Dec 31, 2015 | 1.52 Mn |
| Sep 30, 2015 | 1.51 Mn |
| Sep 30, 2015 | 1.51 Mn |
| Jun 30, 2015 | 1.24 Mn |
| Jun 30, 2015 | 1.24 Mn |
| Mar 31, 2015 | 1.45 Mn |
| Mar 31, 2015 | 1.45 Mn |
| Dec 31, 2014 | 1.36 Mn |
| Dec 31, 2014 | 1.36 Mn |
| Sep 30, 2014 | 1.33 Mn |
| Sep 30, 2014 | 1.33 Mn |
| Jun 30, 2014 | 1.36 Mn |
| Jun 30, 2014 | 1.36 Mn |
| Mar 31, 2014 | 1.46 Mn |
| Mar 31, 2014 | 1.46 Mn |
| Dec 31, 2013 | 1.46 Mn |
| Dec 31, 2013 | 1.46 Mn |
| Sep 30, 2013 | 1.36 Mn |
| Sep 30, 2013 | 1.36 Mn |
| Jun 30, 2013 | 1.38 Mn |
| Jun 30, 2013 | 1.38 Mn |
| Mar 31, 2013 | 1.36 Mn |
| Mar 31, 2013 | 1.36 Mn |
| Dec 31, 2012 | 1.18 Mn |
| Dec 31, 2012 | 1.18 Mn |
| Sep 30, 2012 | 1.28 Mn |
| Sep 30, 2012 | 1.28 Mn |
| Jun 30, 2012 | 1.31 Mn |
| Jun 30, 2012 | 1.31 Mn |
| Mar 31, 2012 | 1.30 Mn |
| Mar 31, 2012 | 1.30 Mn |
| Dec 31, 2011 | 1.29 Mn |
| Dec 31, 2011 | 1.29 Mn |
| Sep 30, 2011 | 1.28 Mn |
| Sep 30, 2011 | 1.28 Mn |
| Jun 30, 2011 | 1.31 Mn |
| Jun 30, 2011 | 1.31 Mn |
| Mar 31, 2011 | 1.20 Mn |
| Mar 31, 2011 | 1.20 Mn |
| Dec 31, 2010 | 1.38 Mn |
| Dec 31, 2010 | 1.38 Mn |
| Sep 30, 2010 | 1.33 Mn |
| Sep 30, 2010 | 1.33 Mn |
| Jun 30, 2010 | 1.33 Mn |
| Jun 30, 2010 | 1.33 Mn |