OceanFirst Financial reports Q4 core EPS 41c, consensus 37c

Reports Q4 net interest margin 2.87% from 2.69% last year. Tangible book value per common share2 increased to $19.79, as compared to $18.98 last year. CEO Christopher Maher commented, “We are pleased to present our current quarter results, which reflect strong capital and robust net loan growth, while maintaining a strong commercial loan pipeline. We recently announced entry into a merger agreement with Flushing Financial Corporation and an investment from Warburg Pincus, to further improve financial performance and operating scale. As we turn to 2026, the company remains focused on continued profitability gains, driven by the strategic initiatives undertaken during 2025 and the anticipated closing of the merger transaction in the second quarter of 2026, which is subject to receipt of regulatory approvals, approval by OceanFirst and Flushing shareholders and the satisfaction of other customary closing conditions.”