OceanFirst Q1 2026: Beating Estimates, Merger Ahead

OceanFirst Financials Q1 2026 earnings show revenue growth of 5.9% to $103.4 million, but missed Wall Streets target. Adjusted EPS beat estimates by 9.8% at $0.43. Loan growth surged, with C&I loans up 19% and closed loan volume up 81% YoY. Deposits increased by $192 million. Management praised asset quality and core expenses dropped 3% after outsourcing residential lending. The company is investing in tech upgrades and hiring bankers for growth. The Flushing Financial merger is pending regulatory approval, with integration plans underway. Stock is at $19.18, market cap $1.09 billion. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6d6bae6b24621b92

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