Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026)
Oceanfirst Financial (OCFC) posted quarterly Tax Provisions of $6.5 million for Q1 2026, down 3.82% year-over-year from $6.8 million in Q1 2025, and up 74.43% quarter-over-quarter from $3.8 million in Q4 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 for Q1 2026 stood at $6.5 million, up from $3.8 million in the prior quarter.
- The five-year high for Tax Provisions was $17.4 million in Q4 2022, with the low at $3.8 million in Q4 2025.
- The 5-year median for Tax Provisions is $7.5 million (2024), against an average of $8.1 million.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions soared 325.53% in 2022, then slumped 50.49% in 2023.
- Oceanfirst Financial's Tax Provisions stood at $17.4 million in 2022, then sank by 50.49% to $8.6 million in 2023, then plunged by 40.83% to $5.1 million in 2024, then slipped by 26.15% to $3.8 million in 2025, then soared by 74.43% to $6.5 million in 2026.
- Business Quant data shows OCFC's Tax Provisions at $6.5 million in Q1 2026, $3.8 million in Q4 2025, and $5.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Oceanfirst Financial | 1.34 Bn | 1.34 Bn | -4.36 Mn | 496,000.00 |
Historic Data
Download 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 |