Oceanfirst Financial Corp (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 Corp (OCFC) Service Charges (2014 - 2018) Analysis & Trends
On a TTM basis, Oceanfirst Financial's Service Charges came in at $13.91 million as of Mar 31, 2018, up 265.4% 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.
- Quarterly Service Charges has ranged from $1.82 million in Q1 2016 to $11.16 million in Q3 2017 over the past five years.
- On a year-over-year basis, Service Charges has increased for eight consecutive quarters, with growth averaging 84.6% over the last eight quarters.
- Peak year-over-year performance for Service Charges in the last five years was growth of 246.0% in Q3 2016, 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), $11.16 million (Q3 2017) and $7.47 million (Q2 2017).
Peer Comparison
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 Corp 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();