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| Date | Value |
|---|---|
| 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% |