Oceanfirst Financial (OCFC) Rent Expense (2010 - 2026)
Oceanfirst Financial (OCFC) posted Rent Expense of $7.3 million for Q2 2026, up 25.74% on a QoQ basis from $5.8 million in Q1 2026, and up 34.45% year-over-year from $5.5 million in Q2 2025.
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Analysis
Oceanfirst Financial (OCFC) Rent Expense (2010 - 2026) Analysis & Trends
Oceanfirst Financial has reported Rent Expense for 17 years, with the latest figure at $7.3 million in Q2 2026.
- On a quarterly basis, Rent Expense rose 34.45% year-over-year to $7.3 million in Q2 2026; TTM through Jun 2026 was $25.1 million, a 17.3% increase from a year earlier, with the FY2025 full-year figure at $22.9 million, up 9.91% from the prior year.
- Rent Expense was $7.3 million for Q2 2026 at Oceanfirst Financial, up from $5.8 million in the prior quarter.
- The five-year high for Rent Expense was $7.3 million in Q2 2026, with the low at $4.8 million in Q2 2022.
- Average Rent Expense over 5 years is $5.5 million, with a median of $5.3 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Rent Expense slipped 10.46% in 2022, then jumped 34.45% in 2026.
- Over 5 years, 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 grew by 25.89% to $7.3 million in 2026.
- The last three Rent Expense figures came in at $7.3 million (Q2 2026), $5.8 million (Q1 2026), and $5.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - | - |
| 2 | Truist Financial | 58.71 Bn | 58.71 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.86 Bn | 24.13 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.26 Bn | 32.26 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 31.70 Bn | 27.21 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 27.67 Bn | 27.67 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 23.78 Bn | 23.85 Bn | - | 73.00 Mn |
| 8 | Keycorp | 21.85 Bn | -25.84 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.48 Bn | 20.95 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Oceanfirst Financial | 1.22 Bn | 1.22 Bn | -4.36 Mn | 7.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.33 Mn |
| Mar 31, 2026 | 5.83 Mn |
| Dec 31, 2025 | 5.83 Mn |
| Sep 30, 2025 | 6.10 Mn |
| Jun 30, 2025 | 5.45 Mn |
| Mar 31, 2025 | 5.50 Mn |
| Dec 31, 2024 | 5.28 Mn |
| Sep 30, 2024 | 5.16 Mn |
| Jun 30, 2024 | 5.18 Mn |
| Mar 31, 2024 | 5.20 Mn |
| Dec 31, 2023 | 5.22 Mn |
| Sep 30, 2023 | 5.47 Mn |
| Jun 30, 2023 | 5.27 Mn |
| Mar 31, 2023 | 5.24 Mn |
| Dec 31, 2022 | 5.03 Mn |
| Sep 30, 2022 | 5.29 Mn |
| Jun 30, 2022 | 4.76 Mn |
| Mar 31, 2022 | 5.74 Mn |
| Dec 31, 2021 | 5.10 Mn |
| Sep 30, 2021 | 5.01 Mn |
API Access
Oceanfirst Financial Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=OCFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "OCFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();