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Flushing Financial to be Acquired by OceanFirst in Merger

Story Highlights
  • On December 29, 2025, OceanFirst agreed to acquire Flushing Financial through a multi-step merger.
  • Warburg Pincus affiliates will invest $225 million in new OceanFirst equity, bolstering capital for the deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flushing Financial to be Acquired by OceanFirst in Merger

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Flushing Financial ( (FFIC) ) has shared an update.

On December 29, 2025, Flushing Financial Corporation and OceanFirst Financial Corp. announced they had signed a definitive Agreement and Plan of Merger under which Apollo Merger Sub Corp., a wholly owned subsidiary of OceanFirst, will merge into Flushing, followed by Flushing’s merger into OceanFirst and, the next day, the combination of Flushing Bank into OceanFirst, National Association, with OceanFirst and its bank subsidiary emerging as the surviving entities. The same day, the companies disclosed that affiliates of funds managed by Warburg Pincus LLC agreed to invest $225 million in newly issued OceanFirst equity securities substantially concurrently with the merger’s effective time, a move that is expected to strengthen OceanFirst’s capital base and support the financing and integration of the Flushing acquisition, with material implications for shareholders, customers and the regional banking market once completed.

The most recent analyst rating on (FFIC) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.

Spark’s Take on FFIC Stock

According to Spark, TipRanks’ AI Analyst, FFIC is a Neutral.

Flushing Financial’s overall stock score is driven by strong earnings call performance and technical indicators showing bullish momentum. However, financial performance challenges and valuation concerns, particularly the negative P/E ratio, weigh on the score. The high dividend yield provides some support, but the company needs to address profitability issues to improve its financial health.

To see Spark’s full report on FFIC stock, click here.

More about Flushing Financial

Flushing Financial Corporation is a Delaware-based bank holding company whose principal subsidiary, Flushing Bank, is a New York‑chartered non‑member bank. OceanFirst Financial Corp. is a Delaware‑incorporated financial services company that operates OceanFirst, National Association, a national banking association, with a focus on traditional commercial and consumer banking services.

Average Trading Volume: 282,387

Technical Sentiment Signal: Strong Buy

Current Market Cap: $575.2M

See more data about FFIC stock on TipRanks’ Stock Analysis page.

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