Oceanfirst Financial (OCFC) Rent Expense (2010 - 2026)

Oceanfirst Financial's (OCFC) 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 (OCFC) Rent Expense (2010 - 2026) Analysis & Trends

Oceanfirst Financial's Rent Expense history runs 17 years deep, the most recent figure standing at $5.8 million for Q1 2026.

  • On a quarterly basis, Rent Expense rose 6.09% year-over-year to $5.8 million in Q1 2026; TTM through Mar 2026 was $23.2 million, a 9.95% increase from a year earlier, with the FY2025 full-year figure at $22.9 million, up 9.91% from the prior year.
  • Rent Expense held at $5.8 million in Q1 2026 per OCFC's latest filing, 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.
  • The 5-year median for Rent Expense is $5.3 million (2024), against an average of $5.4 million.
  • Across the five-year window, Rent Expense dropped 10.46% in 2022 and rose 18.25% in 2025, its largest moves.
  • Year by year, Rent Expense stood at $5.0 million in 2022, then increased by 3.8% to $5.2 million in 2023, then increased by 1.19% to $5.3 million in 2024, then increased by 10.32% to $5.8 million in 2025, then advanced by 0.12% to $5.8 million in 2026.
  • Per Business Quant, the three latest OCFC Rent Expense figures stand at $5.8 million (Q1 2026), $5.8 million (Q4 2025), and $6.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 634,000.00
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
7 NatWest 144.82 Bn -51.17 Bn - -420.63 Mn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 262.00 Mn
9 Us Bancorp 99.51 Bn 99.51 Bn - 304.00 Mn
10 Oceanfirst Financial 1.12 Bn 1.12 Bn -530,000.00 5.83 Mn

Historic Data

Download Data
DateValue
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