Welcome to our dedicated page for Oceanfirst Finl news (Ticker: OCFC), a resource for investors and traders seeking the latest updates and insights on Oceanfirst Finl stock.
OceanFirst Financial Corp. reports recurring developments as the bank holding company for OceanFirst Bank N.A., a regional bank founded in 1902. Company news centers on quarterly operating performance, earnings conference calls, common stock dividends, and board actions affecting capital returns.
OceanFirst Bank provides financial services throughout New Jersey and major metropolitan areas from Massachusetts through Virginia. Its updates reflect commercial and residential financing, treasury management, trust and asset management, deposit services, governance matters, and other capital-structure disclosures tied to a regional banking business.
OceanFirst Financial Corp. (NASDAQ: OCFC) reported a Q2 2026 net loss of $3.0 million, or $(0.04) per diluted share, versus net income of $16.2 million ($0.28) a year earlier and $20.5 million ($0.36) in Q1 2026. For the first half of 2026, net income available to common stockholders was $17.5 million ($0.27) compared with $36.7 million ($0.63) in the prior-year period.
According to the company, core earnings rose to $30.5 million ($0.43) in Q2 and $54.9 million ($0.86) year-to-date, and core PTPP earnings to $44.5 million ($0.63) in Q2, all up versus 2025. Q2 results included $42.8 million of non-recurring merger expenses tied to the June 1, 2026 acquisition of Flushing Financial, which added $8.69 billion of assets and 30 branches. Net interest income increased to $120.7 million and net interest margin expanded to 3.05%. The company sold $1.31 billion of acquired multifamily loans, reinvested $1.20 billion into liquid securities, reduced regulatory CRE concentration to 381%, lifted on-hand liquidity to 11.5% of assets, and declared a $0.20 quarterly dividend payable August 21, 2026.
OceanFirst Financial (NASDAQ:OCFC) will release second quarter 2026 earnings for the period ended June 30, 2026 after market close on Thursday, July 30, 2026. Management will host an earnings conference call at 11:00 a.m. ET on Friday, July 31, 2026 to review quarterly performance.
The call offers phone and webcast access, with a replay available online. OceanFirst Bank, founded in 1902, is a $23 billion regional bank serving business and retail customers across the Northeast corridor from Massachusetts through Virginia.
OceanFirst Financial (NASDAQ:OCFC) completed the previously announced sale of $1.3 billion of multifamily loans, largely in the New York City area and mostly rent regulated. The portfolio, about 1,400 loans including $736 million of rent-regulated collateral, was acquired via the June 1, 2026 Flushing Bank merger.
Following the sale, loans with more than 50% rent-regulated units represent less than 2.5% of total assets. The purchase price matched earlier valuation estimates; detailed financial impacts will be discussed with second-quarter 2026 earnings.
OceanFirst Financial (NASDAQ:OCFC) agreed to sell $1.4 billion of multifamily loans, mostly from its June 1, 2026 Flushing Financial acquisition. The sale will reduce Commercial Real Estate concentration by $1.4 billion and remove most exposure to New York City rent-regulated properties, with proceeds redeployed into highly liquid, investment-grade securities with similar average yields, expected to close by the end of Q2 2026.
OceanFirst Financial (NASDAQ: OCFC) completed its merger with Flushing Financial (NASDAQ: FFIC), creating a larger regional bank with 71 branches across New Jersey, New York, Long Island and Pennsylvania.
OceanFirst also closed a $225 million strategic investment from Warburg Pincus and will contribute $5 million to the OceanFirst Foundation.
OceanFirst Financial (NASDAQ: OCFC) and Flushing Financial (NASDAQ: FFIC) received all required regulatory and shareholder approvals to complete their merger, including Federal Reserve approval on April 24, 2026.
Both companies expect to close the transaction by June 1, 2026, subject to customary closing conditions, and OceanFirst set its 2026 virtual annual meeting for May 27, 2026.
OceanFirst Financial (NASDAQ:OCFC) reported net income available to common stockholders of $20.5 million and diluted EPS of $0.36 for Q1 2026. Core earnings were $24.3 million ($0.43 per diluted share) and core PTPP was $34.4 million ($0.60). Net interest margin expanded to 2.93%, total loans rose by $91.9 million, deposits increased by $191.5 million, and common equity tier one was estimated at 10.7%. The announced merger with Flushing received shareholder and state approvals and remains subject to Federal Reserve approval. Quarterly dividend of $0.20 payable May 8, 2026.
OceanFirst Financial Corp (NASDAQ: OCFC) declared a quarterly cash dividend of $0.20 per share, payable May 8, 2026, to shareholders of record on April 27, 2026. The dividend reflects a routine cash distribution from the board and applies to common stockholders.
OceanFirst Bank N.A., founded in 1902, provides commercial and residential financing, treasury management, trust and asset management, and deposit services across the Northeast.
OceanFirst Financial Corp. (NASDAQ: OCFC) and Flushing Financial Corporation (NASDAQ: FFIC) announced that shareholders have approved their merger under the December 29, 2025 merger agreement.
New York State DFS approved the deal on March 23, 2026, and the OCC on April 6, 2026; Federal Reserve approval and customary closing conditions remain outstanding. OceanFirst Bank is a $14.6 billion regional bank.
OceanFirst Financial Corp. (NASDAQ:OCFC) will release results for the quarter ended March 31, 2026 on April 23, 2026 after market close and will host a conference call at 11:00 a.m. ET on April 24, 2026 to discuss quarterly performance.
Dial-in is 888-596-4144 (access code 3895064); replay available via 800-770-2030 through May 1, 2026. A listen-only webcast will be available at www.oceanfirst.com - Investor Relations.