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An announcement from Oceanfirst Financial ( (OCFC) ) is now available.
On December 29, 2025, OceanFirst Financial Corp., Flushing Financial Corporation and a wholly owned OceanFirst merger subsidiary signed a definitive merger agreement that will combine the two banking organizations in a multi-step transaction, with Flushing first merging into the merger subsidiary, then into OceanFirst, followed by the merger of Flushing Bank into OceanFirst Bank. Each outstanding Flushing common share will be exchanged for 0.85 shares of OceanFirst common stock, subject to customary conditions including regulatory and shareholder approvals, with closing targeted for the second quarter of 2026; governance of the combined company will feature a 17-member board with representation from both institutions, Flushing CEO John R. Buran serving as non‑executive chairman for two years, and OceanFirst retaining Flushing’s Uniondale headquarters as a regional operational hub. Concurrent with the merger agreement, OceanFirst also entered into an investment agreement under which affiliates of Warburg Pincus will inject $225 million through a mix of OceanFirst common stock and a new non‑voting, common‑equivalent stock class, alongside a sizable warrant for additional NVCE shares, providing growth capital, board representation for Warburg, and structured ownership and transfer limitations that are expected to support the balance sheet and capital structure of the enlarged institution.
The most recent analyst rating on (OCFC) stock is a Hold with a $20.00 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 Neutral.
OCFC scores as moderately attractive, led by solid underlying financial stability (profitability and strong free cash flow) and supportive valuation (reasonable P/E and high dividend yield). The score is held back by weak near-term technicals (below key moving averages, low RSI) and business risks flagged in guidance and events, including leverage/funding pressures, near-term NIM/fee headwinds, and merger/dilution execution risk.
To see Spark’s full report on OCFC stock, click here.
More about Oceanfirst Financial
OceanFirst Financial Corp. is a U.S. bank holding company whose primary operations are conducted through OceanFirst Bank, National Association, providing retail and commercial banking services. The company focuses on regional banking markets, and the planned combination with Flushing Financial Corporation and Flushing Bank will expand its operational footprint in the New York area, retaining Flushing’s Uniondale, New York headquarters as a regional hub.
Average Trading Volume: 454,048
Technical Sentiment Signal: Buy
Current Market Cap: $1.02B
See more data about OCFC stock on TipRanks’ Stock Analysis page.