Oceanfirst Financial (OCFC) Service Charges (2014 - 2018)
Oceanfirst Financial (OCFC) recorded Service Charges of $4.67 million in Q1 2018, up 22.8% from $3.81 million a year earlier and up 20.0% from the prior quarter.
Oceanfirst Financial (OCFC) Service Charges (2014 - 2018) Analysis & Trends
On a TTM basis, Oceanfirst Financial's Service Charges came in at $15.93 million as of Mar 31, 2018, up 24.0% year-over-year; for FY2017, it was $15.06 million, up 40.0% from FY2016.
- Annual Service Charges has a four-year compound annual growth rate of 19.2% (FY2013 to FY2017).
- Across earlier years, Service Charges came in at $10.76 million in FY2016 (+28.2%), $8.39 million in FY2015 (-2.3%), $8.59 million in FY2014 (+15.3%) and $7.45 million in FY2013.
- The Q1 2018 figure is the highest quarterly Service Charges in data going back to Q2 2014.
- On a year-over-year basis, Service Charges has increased for eight consecutive quarters, with growth averaging 40.8% over the last eight quarters.
- Peak year-over-year performance for Service Charges in the last five years was growth of 109.5% in Q1 2017, against a decline of 12.1% in Q3 2015 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.9 million (Q4 2017), $3.7 million (Q3 2017) and $3.66 million (Q2 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - |
| 10 | Oceanfirst Financial | 1.27 Bn | 1.27 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 4.67 Mn |
| Dec 31, 2017 | 3.90 Mn |
| Sep 30, 2017 | 3.70 Mn |
| Jun 30, 2017 | 3.66 Mn |
| Mar 31, 2017 | 3.81 Mn |
| Dec 31, 2016 | 3.52 Mn |
| Sep 30, 2016 | 2.92 Mn |
| Jun 30, 2016 | 2.60 Mn |
| Mar 31, 2016 | 1.82 Mn |
| Dec 31, 2015 | 2.35 Mn |
| Sep 30, 2015 | 2.09 Mn |
| Jun 30, 2015 | 2.06 Mn |
| Mar 31, 2015 | 1.89 Mn |
| Dec 31, 2014 | 2.11 Mn |
| Sep 30, 2014 | 2.38 Mn |
| Jun 30, 2014 | 2.26 Mn |
Oceanfirst Financial Service Charges 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=service-charges&ticker=OCFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "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=service-charges&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();