KPIs & Operating Metrics(New)

Oceanfirst Financial (OCFC) Rent Expense: 2009-2024

Historic Rent Expense for Oceanfirst Financial (OCFC) over the last 16 years, with Dec 2024 value amounting to $20.8 million.

  • Oceanfirst Financial's Rent Expense rose 18.25% to $6.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $22.3 million, marking a year-over-year increase of 7.61%. This contributed to the annual value of $20.8 million for FY2024, which is 1.78% down from last year.
  • Per Oceanfirst Financial's latest filing, its Rent Expense stood at $20.8 million for FY2024, which was down 1.78% from $21.2 million recorded in FY2023.
  • Oceanfirst Financial's 5-year Rent Expense high stood at $21.2 million for FY2023, and its period low was $20.5 million during FY2021.
  • In the last 3 years, Oceanfirst Financial's Rent Expense had a median value of $20.8 million in 2022 and averaged $20.9 million.
  • Its Rent Expense has fluctuated over the past 5 years, first climbed by 21.11% in 2020, then fell by 1.78% in 2024.
  • Yearly analysis of 5 years shows Oceanfirst Financial's Rent Expense stood at $20.8 million in 2020, then fell by 1.45% to $20.5 million in 2021, then increased by 1.64% to $20.8 million in 2022, then rose by 1.78% to $21.2 million in 2023, then dropped by 1.78% to $20.8 million in 2024.