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Oceanfirst Financial ( (OCFC) ) has shared an announcement.
OceanFirst Financial Corp. announced a decrease in net income for the second quarter of 2025, with earnings of $16.2 million, or $0.28 per diluted share, compared to $23.4 million, or $0.40 per diluted share, in the same period the previous year. The company also declared a quarterly cash dividend of $0.20 per share, payable on August 15, 2025. Despite the decline in earnings, OceanFirst reported a significant increase in its commercial loan pipeline and launched a new Premier Banking service, which has already attracted $115 million in new deposits.
The most recent analyst rating on (OCFC) stock is a Hold with a $19.00 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 Outperform.
OceanFirst Financial’s overall score is driven by solid financial fundamentals, positive technical momentum, and a reasonable valuation. The stock buyback program adds strategic flexibility and confidence. However, challenges in revenue growth and cash flow generation, along with short-term operational challenges, temper the outlook.
To see Spark’s full report on OCFC stock, click here.
More about Oceanfirst Financial
OceanFirst Financial Corp. is a financial services company operating as the holding company for OceanFirst Bank N.A. The company is involved in providing banking services and products, focusing on loans, deposits, and other financial solutions.
Average Trading Volume: 288,214
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.06B
For detailed information about OCFC stock, go to TipRanks’ Stock Analysis page.