Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026)
Oceanfirst Financial (OCFC) posted Tax Provisions of $496000.0 for Q2 2026, down 92.43% on a QoQ basis from $6.5 million in Q1 2026, and down 91.41% year-over-year from $5.8 million in Q2 2025.
Oceanfirst Financial (OCFC) Tax Provisions (2010 - 2026) Analysis & Trends
Oceanfirst Financial has reported Tax Provisions for 17 years, with the latest figure at $496000.0 in Q2 2026.
- On a quarterly basis, Tax Provisions fell 91.41% year-over-year to $496000.0 in Q2 2026; TTM through Jun 2026 was $16.0 million, a 36.5% decrease from a year earlier, with the FY2025 full-year figure at $21.5 million, down 29.0% from the prior year.
- Tax Provisions was $496000.0 for Q2 2026 at Oceanfirst Financial, down from $6.5 million in the prior quarter.
- The five-year high for Tax Provisions was $17.4 million in Q4 2022, with the low at $496000.0 in Q2 2026.
- Average Tax Provisions over 5 years is $7.7 million, with a median of $7.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Tax Provisions surged 325.53% in 2022, then tumbled 91.41% in 2026.
- Over 5 years, 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 declined by 26.15% to $3.8 million in 2025, then plunged by 86.79% to $496000.0 in 2026.
- The last three Tax Provisions figures came in at $496000.0 (Q2 2026), $6.5 million (Q1 2026), and $3.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 58.71 Bn | 58.71 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 47.86 Bn | 24.13 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 32.26 Bn | 32.26 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 31.70 Bn | 27.21 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 27.67 Bn | 27.67 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 23.78 Bn | 23.85 Bn | - | 148.00 Mn |
| 8 | Keycorp | 21.85 Bn | -25.84 Bn | - | 139.00 Mn |
| 9 | First Citizens Bancshares | 21.48 Bn | 20.95 Bn | 29.00 Mn | 219.00 Mn |
| 10 | Oceanfirst Financial | 1.22 Bn | 1.22 Bn | -4.36 Mn | 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();