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| 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 |