Oceanfirst Financial (OCFC) Tax Rate (2010 - 2026)

Oceanfirst Financial (OCFC) recorded quarterly Tax Rate of 24.2% in Q1 2026, up 8.62% quarter-over-quarter from 22.28% in Q4 2025, and up 12.0% on a YoY basis from 21.61% in Q1 2025.

Oceanfirst Financial (OCFC) Tax Rate (2010 - 2026) Analysis & Trends

Oceanfirst Financial's Tax Rate history runs 17 years deep, the most recent figure standing at 24.2% for Q1 2026.

  • In Q1 2026, Tax Rate rose 12.0% year-over-year to 24.2%; the TTM figure through Mar 2026 stood at 23.25% (up 116.0% YoY), while the FY2025 annual figure was 23.23%, up 6.0% from the prior year.
  • Tax Rate was 24.2% for Q1 2026 at Oceanfirst Financial, up from 22.28% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.1% in Q1 2024 to a low of 18.66% in Q4 2024.
  • Historically, Tax Rate has averaged 23.47% across 5 years, with a median of 23.64% in 2023.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate surged 930 bps in 2022, then tumbled 498 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 24.56% in 2022, then slipped by 4 bps to 23.64% in 2023, then decreased by 21 bps to 18.66% in 2024, then increased by 19 bps to 22.28% in 2025, then rose by 9 bps to 24.2% in 2026.
  • The last three Tax Rate figures came in at 24.2% (Q1 2026), 22.28% (Q4 2025), and 22.87% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Oceanfirst Financial 1.06 Bn 1.06 Bn -530,000.00 24.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.20%
Mar 31, 2026 24.20%
Dec 31, 2025 22.28%
Dec 31, 2025 22.28%
Sep 30, 2025 22.87%
Sep 30, 2025 22.87%
Jun 30, 2025 23.22%
Jun 30, 2025 23.22%
Mar 31, 2025 24.08%
Mar 31, 2025 24.08%
Dec 31, 2024 18.66%
Dec 31, 2024 18.66%
Sep 30, 2024 22.86%
Sep 30, 2024 22.86%
Jun 30, 2024 22.47%
Jun 30, 2024 22.47%
Mar 31, 2024 27.10%
Mar 31, 2024 27.10%
Dec 31, 2023 23.64%
Dec 31, 2023 23.64%