KPIs & Operating Metrics(New)

Oceanfirst Financial (OCFC) Tax Rate: 2009-2024

Historic Tax Rate for Oceanfirst Financial (OCFC) over the last 16 years, with Dec 2024 value amounting to 23.16%.

  • Oceanfirst Financial's Tax Rate rose 1.00% to 22.87% in Q3 2025 from the same period last year, while for Sep 2025 it was 22.17%, marking a year-over-year decrease of 199.00%. This contributed to the annual value of 23.16% for FY2024, which is 74.00% down from last year.
  • As of FY2024, Oceanfirst Financial's Tax Rate stood at 23.16%, which was down 3.12% from 23.91% recorded in FY2023.
  • Over the past 5 years, Oceanfirst Financial's Tax Rate peaked at 24.01% during FY2022, and registered a low of 21.88% during FY2020.
  • Over the past 3 years, Oceanfirst Financial's median Tax Rate value was 23.91% (recorded in 2023), while the average stood at 23.70%.
  • In the last 5 years, Oceanfirst Financial's Tax Rate skyrocketed by 438bps in 2020 and then crashed by 74bps in 2024.
  • Yearly analysis of 5 years shows Oceanfirst Financial's Tax Rate stood at 21.88% in 2020, then soared by 73bps to 22.61% in 2021, then surged by 140bps to 24.01% in 2022, then declined by 10bps to 23.91% in 2023, then tumbled by 74bps to 23.16% in 2024.