The earnings call reflected a positive outlook with strong loan growth, a record-high commercial pipeline, and stable asset quality. However, the increased operating expenses and decline in noninterest income were notable challenges.

Company Guidance

During the OceanFirst Financial Corp Q2 2025 earnings call, the company reported earnings per share of $0.28 on a fully diluted GAAP basis and $0.31 on a core basis. Total loans increased by $60 million, representing a 2% annualized growth rate, with strong originations of $716 million, including an 8% increase in commercial and industrial loans. Net interest income grew by $1 million, with the net interest margin expanding by 1 basis point. Operating expenses were $71 million, consistent with expectations, and the company completed $17 million in share repurchases. The common equity Tier 1 capital ratio was estimated at 11%, and the tangible book value per share stood at $19.34. The company authorized an additional 3 million shares for repurchase and declared a quarterly cash dividend of $0.20 per common share. Asset quality remained strong, with nonperforming loans at 33 basis points of total loans, and the credit reserve was stable. Noninterest income grew by 5% to $11.8 million, and deposit balances from new premier banking teams reached $115 million by June 30. The company expects continued growth in net interest income and improvements in margins in the second half of the year.

Net Interest Income Growth

OceanFirst reported a third consecutive quarter of growth in net interest income, which grew by $1 million, with stability in net interest margin expanding by 1 basis point.

Loan Growth

Total loans for the quarter increased by $60 million, representing a 2% annualized growth rate, with strong originations of $716 million. Notably, commercial and industrial loans increased by 8%.

Strong Asset Quality

Total loans classified as special mention and substandard decreased by 3% to $145 million or just 1.4% of total loans, which is substantially lower than their peer group.

Commercial Pipeline Record

The commercial pipeline reached a record high of $791 million, indicating strong future lending opportunities.

Share Repurchase and Dividend

The company repurchased 1 million shares for $17 million and authorized an additional 3 million shares for repurchase. A quarterly cash dividend of $0.20 per share was also approved.

Oceanfirst Financial (OCFC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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OCFC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.35 / -	0.39	―	―	―
Jul 24, 2025	2025 (Q2)	0.33 / 0.31	0.39	-20.51% (-0.08)
Apr 24, 2025	2025 (Q1)	0.35 / 0.35	0.44	-20.45% (-0.09)
Jan 23, 2025	2024 (Q4)	0.36 / 0.38	0.45	-15.56% (-0.07)
Oct 17, 2024	2024 (Q3)	0.38 / 0.39	0.32	21.88% (+0.07)
Jul 18, 2024	2024 (Q2)	0.42 / 0.39	0.46	-15.22% (-0.07)
Apr 18, 2024	2024 (Q1)	0.41 / 0.44	0.55	-20.00% (-0.11)
Jan 18, 2024	2023 (Q4)	0.43 / 0.45	0.67	-32.84% (-0.22)
Oct 19, 2023	2023 (Q3)	0.35 / 0.32	0.6	-46.67% (-0.28)
Jul 20, 2023	2023 (Q2)	0.47 / 0.46	0.59	-22.03% (-0.13)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

OCFC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$17.67	$17.22	-2.55%
Apr 24, 2025	$16.11	$16.16	+0.31%
Jan 23, 2025	$18.49	$18.16	-1.78%
Oct 17, 2024	$18.58	$18.24	-1.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Oceanfirst Financial (OCFC) report earnings?

Oceanfirst Financial (OCFC) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Oceanfirst Financial (OCFC) earnings time?

Oceanfirst Financial (OCFC) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is OCFC EPS forecast?

OCFC EPS forecast for the fiscal quarter 2025 (Q3) is 0.35.

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