Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026)
Oceanfirst Financial (OCFC) reported Tax Provisions of $13.03 million for Q3 2026, up 152.7% from $5.16 million a year earlier.
Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Oceanfirst Financial's Tax Provisions came in at $23.83 million, up 4.4% year-over-year; for FY2025, it was $21.49 million, down 29.0% from FY2024.
- Tax Provisions has declined for three consecutive years, though with a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- By year, Tax Provisions came in at $30.27 million in FY2024 (-7.4%), $32.7 million in FY2023 (-29.8%), $46.57 million in FY2022 (+44.8%) and $32.17 million in FY2021 (+81.4%).
- The Q3 2026 figure ranks as the highest quarterly Tax Provisions since Q4 2022.
- Year over year, Tax Provisions gained in 1 of the last eight quarters, with an average decline of 11.9%.
- The high point for year-over-year Tax Provisions in five years was Q4 2022 (growth of 325.5%); the low point was Q2 2026 (a decline of 91.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $496,000 (Q2 2026), $6.55 million (Q1 2026) and $3.75 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 4.83 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 2.03 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 1.51 Bn |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | 1.24 Bn |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 1.71 Bn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 1.16 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | Oceanfirst Financial | 1.27 Bn | 1.27 Bn | - | 496,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 496,000.00 |
| Mar 31, 2026 | 6.55 Mn |
| Dec 31, 2025 | 3.75 Mn |
| Sep 30, 2025 | 5.16 Mn |
| Jun 30, 2025 | 5.77 Mn |
| Mar 31, 2025 | 6.81 Mn |
| Dec 31, 2024 | 5.08 Mn |
| Sep 30, 2024 | 7.46 Mn |
| Jun 30, 2024 | 7.08 Mn |
| Mar 31, 2024 | 10.64 Mn |
| Dec 31, 2023 | 8.59 Mn |
| Sep 30, 2023 | 6.46 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 8.65 Mn |
| Dec 31, 2022 | 17.35 Mn |
| Sep 30, 2022 | 12.30 Mn |
| Jun 30, 2022 | 8.94 Mn |
| Mar 31, 2022 | 7.97 Mn |
| Dec 31, 2021 | 4.08 Mn |
| Sep 30, 2021 | 7.35 Mn |
Oceanfirst Financial Tax Provisions 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=tax-provisions&ticker=OCFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();