OceanFirst Financial Corp. (OCFC)

In the past six months, OceanFirst Financial Corp.'s stock price has been impacted by several events. The Q4 2025 earnings release on January 22, 2026, reported EPS of $0.41, surpassing estimates, but net income decreased. A merger agreement with Flushing Financial Corporation and an investment by Warburg Pincus was announced in December 2025, leading to a stock price decline. The Q3 2025 financial results, announced on October 22, 2025, showed a decrease in net income but marked a fourth consecutive quarter of net interest income growth. A stock repurchase program was authorized in July 2025, with the company repurchasing shares during the nine months ended September 30, 2025, and the year ended December 31, 2025.

Management has indicated that seasonality can influence deposit costs and margins in the near term for OceanFirst Financial Corp.'s products and services.

OceanFirst Financial Corp. is a savings and loan holding company providing financial services through OceanFirst Bank N.A. It operates in the financial sector, offering commercial and residential financing, wealth management, deposit services, treasury management, trust and asset management, and investment services. OceanFirst Bank, founded in 1902, is a large community-based financial institution headquartered in New Jersey.

OceanFirst Financial Corp. has retail branches throughout New Jersey and metropolitan New York City, with loan production offices in New Jersey, New York City, and Pennsylvania. It has expanded operations to major metropolitan areas across six Mid-Atlantic and Northeast states, including Philadelphia, Baltimore, Boston, and the Greater Washington D.C. area, operating over 40 locations.

OceanFirst Bank maintains an established brand in New Jersey with a long history, emphasizing its community-based approach. In January 2025, Moody's awarded OceanFirst investment grade status. The company supports local causes through community engagement programs and the OceanFirst Foundation, which has given over $49 million to local charities and schools since 1996. Management addressed an uptick in early-stage delinquencies tied to a single government-related loan, clarifying it was not a systemic risk.

OceanFirst Financial Corp. has substantial institutional ownership, with 451 institutional owners and shareholders holding 56,084,135 shares, representing 97.95% of institutional shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, Wellington Management Group Llp, Invesco Ltd., and State Street Corp. As of February 4, 2026, institutions held 76.15% of common stock, while individuals/insiders held 3.34%.