OceanFirst Announces Flushing Merger and Warburg Capital Investment

Oceanfirst Financial ( (OCFC) ) has shared an announcement.

On December 29, 2025, OceanFirst Financial Corp. and Flushing Financial Corporation announced they had entered into an Agreement and Plan of Merger under which a newly formed OceanFirst subsidiary will merge into Flushing, followed by Flushing’s merger into OceanFirst and, subsequently, the merger of Flushing Bank into OceanFirst Bank, leaving OceanFirst and its national bank as the surviving entities. Concurrently, OceanFirst agreed to a $225 million equity investment from affiliates of Warburg Pincus, involving the issuance of OceanFirst common stock, a new non‑voting, common‑equivalent class of stock, and a seven‑year warrant tied to OceanFirst’s share price, a capital infusion that is expected to support the financing of the Flushing acquisition and could strengthen OceanFirst’s capital base and strategic position in its regional banking markets, with ownership and dilution implications for existing shareholders.

The most recent analyst rating on (OCFC) stock is a Buy with a $21.50 price target. To see the full list of analyst forecasts on Oceanfirst Financial stock, see the OCFC Stock Forecast page.

Spark’s Take on OCFC Stock

According to Spark, TipRanks’ AI Analyst, OCFC is a Outperform.

Oceanfirst Financial’s overall stock score reflects a stable financial foundation with strong profitability and positive cash flow trends. Technical indicators are favorable, supporting bullish momentum. Valuation is attractive with a reasonable P/E ratio and solid dividend yield. Earnings call insights and recent corporate events highlight growth initiatives, though challenges such as restructuring charges and increased leverage need attention.

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

More about Oceanfirst Financial

OceanFirst Financial Corp. is a bank holding company whose primary business is conducted through its subsidiary OceanFirst Bank, National Association, offering commercial and consumer banking services. Flushing Financial Corporation operates Flushing Bank, a New York‑chartered bank providing similar banking products and services, with a focus on the New York metropolitan market.

Average Trading Volume: 396,300

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.13B

For a thorough assessment of OCFC stock, go to TipRanks’ Stock Analysis page.