OceanFirst Financial Corp. Stock News

OceanFirst Financial Corp. (NASDAQ:OCFC ) Q2 2025 Earnings Conference Call July 25, 2025 11:00 AM ET Company Participants Alfred Goon - Corporate Participant Christopher D. Maher - Chairman, President & CEO Joseph J.

OceanFirst Financial reported a mixed Q2, missing both revenue and earnings expectations, with performance weighed down by rising expenses and asset quality concerns. Loan and deposit growth was positive, but the bank's heavy exposure to commercial real estate loans adds risk and explains the discount to tangible book value. Return metrics and asset quality trends were mixed, with efficiency ra...

RED BANK, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $16.2 million, or $0.28 per diluted share, for the three months ended June 30, 2025, a decrease from $23.4 million, or $0.40 per diluted share, for the corresponding prior y...

RED BANK, N.J., July 16, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that its Board of Directors has authorized a 2025 Stock Repurchase Program, under which the Company may repurchase up to 3 million shares, or approximately 5% of its outstanding common stock. This authorization ...

RED BANK, N.J., July 02, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended June 30, 2025, on Thursday, July 24, 2025, after the market close. Management will then conduct a conference call at 11:00 a.m. Eastern Time, on Friday, July 25, 2025, to discuss highlig...

OceanFirst Financial Corp. offers a 5% dividend yield, but concerns about its loan portfolio and asset quality justify a hold/neutral rating. Q1 results were mixed: revenue slightly beat expectations, but net income and EPS declined year-over-year and sequentially. Asset quality metrics are mixed with increased delinquent loans and higher provisions for credit losses, signaling potential risks.

OceanFirst Financial Corp. (NASDAQ:OCFC ) Q1 2025 Results Earnings Conference Call April 25, 2025 11:00 AM ET Company Participants Alfred Goon - Senior Vice President, Corporate Development and Investor Relations Christopher Maher - Chairman and Chief Executive Officer Joseph Lebel III - President and Chief Operating Officer Patrick Barrett - Executive Vice President and Chief Financial Officer...

RED BANK, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $20.5 million, or $0.35 per diluted share, for the quarter ended March 31, 2025, a decrease from $27.7 million, or $0.47 per diluted share, for the corresponding prior year...