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

Oceanfirst Financial (OCFC) recorded quarterly Rent Expense of $5.8 million in Q1 2026, little changed quarter-over-quarter from $5.8 million in Q4 2025, and up 6.09% on a YoY basis from $5.5 million in Q1 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.

  • In Q1 2026, Rent Expense rose 6.09% year-over-year to $5.8 million; the TTM figure through Mar 2026 stood at $23.2 million (up 9.95% YoY), while the FY2025 annual figure was $22.9 million, up 9.91% from the prior year.
  • Rent Expense was $5.8 million for Q1 2026 at Oceanfirst Financial, roughly flat from $5.8 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $6.1 million in Q3 2025 to a low of $4.8 million in Q2 2022.
  • Historically, Rent Expense has averaged $5.4 million across 5 years, with a median of $5.3 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Rent Expense decreased 10.46% in 2022, then grew 18.25% in 2025.
  • A 5-year view of Rent Expense shows it 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.
  • 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 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 634,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.45 Mn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Oceanfirst Financial 1.06 Bn 1.06 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