Screener
OceanFirst Financial OCFC Data processing and equipment
Data processing and equipment at other companies
Other financials
Where this comes from
Reported directly by OceanFirst Financial in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: OceanFirst Financial’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:09 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001004702-26-000120
| Line item | For the Three Months Ended June 30, 2026 | For the Three Months Ended June 30, 2025 | For the Six Months Ended June 30, 2026 | For the Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Equipment | 1,111 | 869 | 2,032 | 1,790 |
| Marketing | 1,894 | 1,541 | 2,857 | 2,649 |
| Federal deposit insurance and regulatory assessments | 4,130 | 2,898 | 7,345 | 5,881 |
| Data processing | 7,655 | 6,808 | 14,707 | 13,455 |
| Check card processing | 1,097 | 1,156 | 2,195 | 2,326 |
| Professional fees | 3,405 | 4,336 | 6,627 | 6,761 |
| Amortization of intangibles | 2,586 | 906 | 3,434 | 1,846 |
| Merger related expenses | 42,765 | — | 46,915 | — |
Item 4. Controls and Procedures
FAQ
- What is OceanFirst Financial's data processing and equipment?
- OceanFirst Financial (OCFC) reported data processing and equipment of $7.66M in Q2 2026.
- How has OceanFirst Financial's data processing and equipment changed year-over-year?
- OceanFirst Financial's data processing and equipment increased by 12.4% year-over-year, from $6.81M to $7.66M.
- What is the long-term trend for OceanFirst Financial's data processing and equipment?
- Over 4 years (2021 to 2025), OceanFirst Financial's data processing and equipment has grown at a 6.5% compound annual growth rate (CAGR), from $21.57M to $27.72M.
- What does data processing and equipment mean?
- This encompasses the costs associated with maintaining the bank's core banking systems, digital platforms, and data infrastructure. It reflects the bank's ongoing investment in technological capabilities and cybersecurity to support customer transactions and operational efficiency. Rising costs in this area often signal digital transformation efforts or increased reliance on third-party software providers.
Ask your AI about OceanFirst Financial's data processing and equipment.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude