Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026)
Oceanfirst Financial (OCFC) recorded quarterly Tax Provisions of $6.5 million in Q1 2026, up 74.43% quarter-over-quarter from $3.8 million in Q4 2025, and down 3.82% on a YoY basis from $6.8 million in Q1 2025.
Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026) Analysis & Trends
Oceanfirst Financial's Tax Provisions history runs 17 years deep, the most recent figure standing at $6.5 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 3.82% year-over-year to $6.5 million; the TTM figure through Mar 2026 stood at $21.2 million (down 19.7% YoY), while the FY2025 annual figure was $21.5 million, down 29.0% from the prior year.
- Tax Provisions was $6.5 million for Q1 2026 at Oceanfirst Financial, up from $3.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $17.4 million in Q4 2022 to a low of $3.8 million in Q4 2025.
- Historically, Tax Provisions has averaged $8.1 million across 5 years, with a median of $7.5 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 325.53% in 2022, then tumbled 50.49% in 2023.
- A 5-year view of Tax Provisions shows it stood at $17.4 million in 2022, then slumped by 50.49% to $8.6 million in 2023, then sank by 40.83% to $5.1 million in 2024, then dropped by 26.15% to $3.8 million in 2025, then jumped by 74.43% to $6.5 million in 2026.
- The last three Tax Provisions figures came in at $6.5 million (Q1 2026), $3.8 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Oceanfirst Financial | 1.06 Bn | 1.06 Bn | -530,000.00 | 6.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 10.05 Mn |