Oceanfirst Financial Corp (OCFC) Tax Provisions (2010 - 2026)
Oceanfirst Financial (OCFC) reported Tax Provisions of $496,000 for Q2 2026, down 91.4% from $5.77 million a year earlier and down 92.4% from the prior quarter.
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Analysis
Oceanfirst Financial Corp (OCFC) Tax Provisions (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Oceanfirst Financial's Tax Provisions came in at $15.95 million, down 36.5% 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 Q2 2026 figure ranks as the lowest quarterly Tax Provisions since Q3 2020.
- Year over year, Tax Provisions has now declined in each of the last seven quarters, with an average decline of 29.0% over the last eight quarters.
- 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 Q2 2026 came in at $6.55 million (Q1 2026), $3.75 million (Q4 2025) and $5.16 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
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 |
API Access
Oceanfirst Financial Corp 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_KEYimport 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();