OceanFirst Income Tax Expense from 2010 to 2024

OCFC Stock  USD 19.98  0.04  0.20%   
OceanFirst Financial's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 34.3 M this year. During the period from 2010 to 2024 OceanFirst Financial Income Tax Expense annual values regression line had geometric mean of  16,066,139 and mean square error of 40.7 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1996-03-31
Previous Quarter
7.1 M
Current Value
7.5 M
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OceanFirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.2 M, Interest Expense of 250.2 M or Selling General Administrative of 154.3 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0274 or PTB Ratio of 0.59. OceanFirst financial statements analysis is a perfect complement when working with OceanFirst Financial Valuation or Volatility modules.
  
Check out the analysis of OceanFirst Financial Correlation against competitors.

Latest OceanFirst Financial's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of OceanFirst Financial Corp over the last few years. It is OceanFirst Financial's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OceanFirst Financial's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

OceanFirst Income Tax Expense Regression Statistics

Arithmetic Mean19,201,733
Geometric Mean16,066,139
Coefficient Of Variation62.55
Mean Deviation9,681,511
Median13,570,000
Standard Deviation12,011,636
Sample Variance144.3T
Range41.9M
R-Value0.86
Mean Square Error40.7T
R-Squared0.74
Significance0.000041
Slope2,307,418
Total Sum of Squares2019.9T

OceanFirst Income Tax Expense History

202434.3 M
202332.7 M
202246.6 M
202132.2 M
202017.7 M
201918.8 M
201813.6 M

About OceanFirst Financial Financial Statements

OceanFirst Financial stakeholders use historical fundamental indicators, such as OceanFirst Financial's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although OceanFirst Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in OceanFirst Financial's assets and liabilities are reflected in the revenues and expenses on OceanFirst Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OceanFirst Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense32.7 M34.3 M

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When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out the analysis of OceanFirst Financial Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.258
Dividend Share
0.8
Earnings Share
1.75
Revenue Per Share
6.515
Quarterly Revenue Growth
0.054
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.