Oceanfirst Financial Corp (OCFC) Tax Rate (2010 - 2026)
Oceanfirst Financial (OCFC) recorded Tax Rate of -19.58% in Q2 2026, down 42.80 percentage points from 23.22% a year earlier and down 43.78 percentage points from the prior quarter.
Oceanfirst Financial Corp (OCFC) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Oceanfirst Financial's Tax Rate came in at 24.96% as of Jun 30, 2026, up 2.73 percentage points year-over-year; for FY2025, it was 23.23%, up 0.06 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +1.35 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 23.16% in FY2024 (-0.74 pp), 23.91% in FY2023 (-0.10 pp), 24.01% in FY2022 (+1.40 pp) and 22.61% in FY2021 (+0.73 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate in data going back to Q2 2010.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -5.92 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 9.30 percentage points in Q4 2022, against a drop of 42.80 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.20% (Q1 2026), 22.28% (Q4 2025) and 22.87% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 24.20% |
| Dec 31, 2025 | 22.28% |
| Sep 30, 2025 | 22.87% |
| Jun 30, 2025 | 23.22% |
| Mar 31, 2025 | 24.08% |
| Dec 31, 2024 | 18.66% |
| Sep 30, 2024 | 22.86% |
| Jun 30, 2024 | 22.47% |
| Mar 31, 2024 | 27.10% |
| Dec 31, 2023 | 23.64% |
| Sep 30, 2023 | 23.93% |
| Jun 30, 2023 | 24.39% |
| Mar 31, 2023 | 23.68% |
| Dec 31, 2022 | 24.56% |
| Sep 30, 2022 | 24.07% |
| Jun 30, 2022 | 23.27% |
| Mar 31, 2022 | 23.64% |
| Dec 31, 2021 | 15.25% |
| Sep 30, 2021 | 23.33% |
| Jun 30, 2021 | 24.76% |
Oceanfirst Financial Corp Tax Rate 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-rate&ticker=OCFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();