OCEANFIRST FINANCIAL CORP issued a warrant to purchase approximately 11.4 million shares of NVCE Stock of warrant to Warburg Pincus LLC for part of $225 million investment, no separate consideration mentioned.
“Investment Agreement On the Closing Date, OceanFirst (a) issued and sold to affiliates of funds managed by Warburg Pincus LLC (“ Warburg ”), for an aggregate purchase price of $225 million, approximately (i) 9.5 million shares of OceanFirst Common Stock, at $19.76 per share of OceanFirst Common Stock and (ii) 1,812 shares of a new class of OceanFirst non-voting,”
Equity Issuances
OCEANFIRST FINANCIAL CORP issued 1,812 shares of a new class of OceanFirst non-voting, common-equivalent stock (“ NVCE Stock ”) representing the economic equivalent of approximately 1.8 million of preferred stock to Warburg Pincus LLC for $225 million aggregate purchase price.
“Investment Agreement On the Closing Date, OceanFirst (a) issued and sold to affiliates of funds managed by Warburg Pincus LLC (“ Warburg ”), for an aggregate purchase price of $225 million, approximately (i) 9.5 million shares of OceanFirst Common Stock, at $19.76 per share of OceanFirst Common Stock and (ii) 1,812 shares of a new class of OceanFirst non-voting,”
Equity Issuances
OCEANFIRST FINANCIAL CORP issued approximately 9.5 million shares of OceanFirst Common Stock of common stock to Warburg Pincus LLC for $225 million aggregate purchase price.
“On the Closing Date, OceanFirst (a) issued and sold to affiliates of funds managed by Warburg Pincus LLC (“ Warburg ”), for an aggregate purchase price of $225 million, approximately (i) 9.5 million shares of OceanFirst Common Stock, at $19.76 per share of OceanFirst Common Stock”
M&A Transactions
OCEANFIRST FINANCIAL CORP completed an acquisition involving Flushing Financial Corporation for 0.85 of a share (closed 2026-06-01).
“of Flushing (“ Flushing Common Stock ”) issued and outstanding immediately prior to the Effective Time, subject to certain exceptions, was converted into the right to receive 0.85 of a share (the “ Exchange Ratio ”) of common stock, par value $0.01 per share, of OceanFirst (“ OceanFirst Common Stock ” and such consideration, the “ Merger Consideration ”).”
Debt Financings
OCEANFIRST FINANCIAL CORP incurred senior notes of $20,619,000 with Flushing Financial Corporation at Fixed/Floating Rate maturing 2037.
“$20,619,000 in aggregate principal amount of Fixed/Floating Rate Junior Subordinated Debentures due 2037”
Debt Financings
OCEANFIRST FINANCIAL CORP incurred senior notes of $65,000,000 with Flushing Financial Corporation at 6.000% Fixed-to-Floating Rate maturing 2032.
“$65,000,000 in aggregate principal amount of 6.000% Fixed-to-Floating Rate Subordinated Notes due 2032”
Debt Financings
OCEANFIRST FINANCIAL CORP incurred senior notes of $125,000,000 with Flushing Financial Corporation at 3.125% Fixed-to-Floating Rate maturing 2031.
“$125,000,000 in aggregate principal amount of 3.125% Fixed-to-Floating Rate Subordinated Notes due 2031”
Debt Financings
OCEANFIRST FINANCIAL CORP incurred debt of $251,857,000 with Flushing Financial Corporation at 3.125% Fixed-to-Floating Rate maturing 2031.
“OceanFirst assumed Flushing’s obligations with respect to an aggregate principal amount of $251,857,000 of subordinated debt and junior subordinated debt securities”
Christopher D. Maher changed role as Chairman at OCEANFIRST FINANCIAL CORP.
“Christopher D. Maher, the Chairman, President and Chief Executive Officer of OceanFirst, ceased serving as Chairman of the OceanFirst Board.”
Joseph M. Murphy, Jr. departed as Director at OCEANFIRST FINANCIAL CORP.
“each John F. Barros, Kimberly M. Guadagno and Joseph M. Murphy, Jr., ceased to serve as a member of the OceanFirst Board”
Kimberly M. Guadagno departed as Director at OCEANFIRST FINANCIAL CORP.
“each John F. Barros, Kimberly M. Guadagno and Joseph M. Murphy, Jr., ceased to serve as a member of the OceanFirst Board”
John F. Barros departed as Director at OCEANFIRST FINANCIAL CORP.
“each John F. Barros, Kimberly M. Guadagno and Joseph M. Murphy, Jr., ceased to serve as a member of the OceanFirst Board”
Todd Schell was appointed as Director at OCEANFIRST FINANCIAL CORP.
“Todd Schell, designated by Warburg, was appointed to serve as a director of OceanFirst”
John R. Buran was appointed as Non-Executive Chairman at OCEANFIRST FINANCIAL CORP.
“John R. Buran was appointed as the Non-Executive Chairman of the OceanFirst Board.”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved The ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Registrant for the fiscal year ending December 31, 2026 at the 2026-05-27 meeting.
“Matter 4. The ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Registrant for the fiscal year ending December 31, 2026. Shares Voted For Shares Voted Against Shares Voted Abstain Broker Non-Votes 49,515,766 205,551 1,040,969 —”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved Approval of the OceanFirst Financial Corp. 2026 Stock Incentive Plan at the 2026-05-27 meeting.
“Matter 3. Approval of the OceanFirst Financial Corp. 2026 Stock Incentive Plan. Shares Voted For Shares Voted Against Shares Voted Abstain Broker Non-Votes 41,649,786 2,757,137 888,986 5,466,377”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved An advisory (non-binding) vote to approve the compensation paid to the Registrant's named executive officers at the 2026-05-27 meeting.
“Matter 2. An advisory (non-binding) vote to approve the compensation paid to the Registrant's named executive officers. Shares Voted For Shares Voted Against Shares Voted Abstain Broker Non-Votes 42,473,812 1,816,614 1,005,483 5,466,377”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved Election of thirteen directors, each for a one-year term at the 2026-05-27 meeting.
“Matter 1. The election of thirteen directors, each for a one-year term. Nominee Shares Voted For Shares Withheld Broker Non-Votes John F. Barros 44,642,369 653,540 5,466,377 Anthony R. Coscia 43,619,859 1,676,050 5,466,377 Jack M. Farris 43,541,230 1,754,679 5,466,377 Robert C. Garrett 44,617,993 677,916 5,466,377 Kimberly M. Guadagno 43,957,204 1,338,705 5,466,377 Nicos Katsoulis 43,954,828 1,341,081 5,466,377 Joseph J. Lebel III 44,329,611 966,298 5,466,377 Christopher D. Maher 44,260,621 1,035,288 5,466,377 Joseph M. Murphy, Jr. 44,170,748 1,125,161 5,466,377 Steven M. Scopellite 44,065,874 1,230,035 5,466,377 Grace C. Torres 43,792,723 1,503,186 5,466,377 Patricia L. Turner 44,021,615 1,274,294 5,466,377 Dalila Wilson-Scott 44,600,106 695,803 5,466,377”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the quarter ended March 31, 2026 results: net income $20.5 million, EPS $0.36 per diluted share.
“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 $0.36 per diluted share, for the quarter ended March 31, 2026”
Material Agreements
OCEANFIRST FINANCIAL CORP entered into Agreement and Plan of Merger with Flushing Financial Corporation (effective 2025-12-29).
“On December 29, 2025, OceanFirst Financial Corp., a Delaware corporation (" OceanFirst "), Flushing Financial Corporation, a Delaware corporation (" Flushing "), and Apollo Merger Sub Corp., a Delaware corporation and wholly-owned subsidiary of OceanFirst (" Merger Sub "), entered into an Agreement and Plan of Merger (the " Merger Agreement ").”
Debt Financings
OCEANFIRST FINANCIAL CORP incurred senior notes of $185,000,000 aggregate principal amount with Wilmington Trust, National Association at 6.375% Fixed-to-Floating Rate maturing November 15, 2035.
““Underwriting Agreement”) with Piper Sandler & Co. and Keefe, Bruyette & Woods, Inc. (the “Underwriters”). Pursuant to the Underwriting Agreement, the Company issued and sold $185,000,000 aggregate principal amount of 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”) at a public offering price equal to 100% of the aggregate principal amount of”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the quarter ended March 31, 2024 results: net income $27.7 million, or $0.47 per diluted share, EPS $0.47 per diluted share.
“announced net income available to common stockholders of $27.7 million, or $0.47 per diluted share, for the quarter ended March 31, 2024”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the year ended December 31, 2023 results: net income $100.0 million, EPS $1.70 per diluted share.
“For the year ended December 31, 2023, the Company reported net income available to common stockholders of $100.0 million, or $1.70 per diluted share, as compared to $142.6 million, or $2.42 per diluted share, for the prior year.”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the quarter ended December 31, 2023 results: net income $26.7 million, EPS $0.46 per diluted share.
“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 $26.7 million, or $0.46 per diluted share, for the quarter ended December 31, 2023, as compared to $52.3 million, or $0.89 per diluted share, for the corresponding prior year period, and $19.7 million, or $0.33 per diluted share, for the prior linked quarter.”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the nine months ended September 30, 2023 results: net income $73.3 million, EPS $1.24 per diluted share.
“For the nine months ended September 30, 2023, the Company reported net income available to common stockholders of $73.3 million, or $1.24 per diluted share, as compared to $90.3 million, or $1.53 per diluted share, for the corresponding prior year period.”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the three months ended September 30, 2023 results: net income $19.7 million, EPS $0.33 per diluted share.
“On October 19, 2023, OceanFirst Financial Corp. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2023.”
John E. Walsh departed as Director at OCEANFIRST FINANCIAL CORP.
“Additionally, John E. Walsh will retire from the Board of Directors at the end of his term in May 2024.”
Dalila Wilson-Scott was appointed as Director at OCEANFIRST FINANCIAL CORP.
“Dalila Wilson-Scott, EVP and Chief Diversity Officer, Comcast Corporation and President, Comcast NBCUniversal Foundation – Philadelphia, PA, effective October 1, 2023”
Robert C. Garrett was appointed as Director at OCEANFIRST FINANCIAL CORP.
“Robert C. Garrett, CEO, Hackensack Meridian Health – Morris Township, NJ, effective October 1, 2023”
John F. Barros was appointed as Director at OCEANFIRST FINANCIAL CORP.
“John F. Barros, Managing Principal, Civitas Builder – Boston, MA, effective September 18, 2023”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the six months ended June 30, 2023 results: net income $53.7 million, EPS $0.91 per diluted share.
“For the six months ended June 30, 2023, the Company reported net income available to common stockholders of $53.7 million, or $0.91 per diluted share”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the three months ended June 30, 2023 results: net income $26.8 million, EPS $0.45 per diluted share.
“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 $26.8 million, or $0.45 per diluted share, for the three months ended June 30, 2023”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved An advisory (non-binding) vote on the frequency of stockholder voting on executive compensation. at the 2023-05-23 meeting.
“Matter 4. An advisory (non-binding) vote on the frequency of stockholder voting on executive compensation. Shares Voted For One Year Shares Voted For Two Years Shares Voted For Three Years Shares Voted Abstain Broker Non-Votes 42,675,997 310,948 3,603,159 139,642 5,686,636”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved The ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Registrant for the fiscal year ending December 31, 2023. at the 2023-05-23 meeting.
“Matter 3. The ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Registrant for the fiscal year ending December 31, 2023. Shares Voted For Shares Voted Against Shares Voted Abstain Broker Non-Votes 52,147,317 181,697 87,368 —”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved An advisory (non-binding) vote to approve the compensation paid to the Registrant's named executive officers. at the 2023-05-23 meeting.
“Matter 2. An advisory (non-binding) vote to approve the compensation paid to the Registrant’s named executive officers. Shares Voted For Shares Voted Against Shares Voted Abstain Broker Non-Votes 44,229,852 1,904,382 595,512 5,686,636”
Shareholder Votes
OCEANFIRST FINANCIAL CORP shareholders approved Election of twelve directors, each for a one-year term. at the 2023-05-23 meeting.
“Matter 1. The election of twelve directors, each for a one-year term. Nominee Shares Voted For Shares Withheld Broker Non-Votes Anthony R. Coscia 40,635,932 6,093,814 5,686,636 Michael D. Devlin 45,575,280 1,154,466 5,686,636 Jack M. Farris 45,570,447 1,159,299 5,686,636 Kimberly M. Guadagno 45,655,990 1,073,756 5,686,636 Nicos Katsoulis 45,491,228 1,238,518 5,686,636 Joseph J. Lebel III 44,869,238 1,860,508 5,686,636 Christopher D. Maher 45,069,485 1,660,261 5,686,636 Joseph M. Murphy, Jr. 45,636,880 1,092,866 5,686,636 Steven M. Scopellite 45,867,359 862,387 5,686,636 Grace C. Torres 44,489,552 2,240,194 5,686,636 Patricia L. Turner 45,868,270 861,476 5,686,636 John E. Walsh 43,898,790 2,830,956 5,686,636”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported quarter ended March 31, 2023 results: net income $26.9 million, EPS $0.46 per diluted share.
“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 $26.9 million, or $0.46 per diluted share, for the quarter ended March 31, 2023, as compared to $24.8 million, or $0.42 per diluted share, for the corresponding prior year period, and $52.3 million, or $0.89 per diluted share, for the prior linked quarter.”
Patrick Chong was appointed as Principal Accounting Officer at OCEANFIRST FINANCIAL CORP.
“Patrick Chong, age 34, Senior Vice President and Corporate Controller of the Company began service as the Company’s Principal Accounting Officer.”
Angela K. Ho changed role as Chief Compliance Officer at OCEANFIRST FINANCIAL CORP.
“Angela K. Ho, OceanFirst Financial Corp’s (the “Company”) Principal Accounting Officer, has assumed the position of Chief Compliance Officer of the Company and OceanFirst Bank, N.A.”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the year ended December 31, 2022 results: net income $142.6 million, EPS $2.42 per diluted share.
“For the year ended December 31, 2022, the Company reported net income available to common stockholders of $142.6 million, or $2.42 per diluted share, as compared to $106.1 million, or $1.78 per diluted share, for the prior year.”
Earnings Releases
OCEANFIRST FINANCIAL CORP reported the quarter ended December 31, 2022 results: net income $52.3 million, EPS $0.89 per diluted share.
“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 $52.3 million, or $0.89 per diluted share, for the quarter ended December 31, 2022, as compared to $37.6 million, or $0.64 per diluted share, for the prior linked quarter, and $21.7 million, or $0.37 per diluted share, for the corresponding prior year period.”
Material Agreements
OCEANFIRST FINANCIAL CORP terminated Agreement and Plan of Merger with Partners Bancorp valued at Mutual termination, no termination fee, each party bears own costs (effective 2022-11-09).
“On November 9, 2022, OceanFirst and Partners entered into a Mutual Termination Agreement (the “ Termination Agreement ”) pursuant to which, among other things, OceanFirst and Partners mutually agreed to terminate the Merger Agreement and transactions contemplated thereby.”
Grace M. Vallacchi departed as Director at OCEANFIRST FINANCIAL CORP.
“The terms of Angelo J. Catania, John K. Lloyd, and Grace M. Vallacchi, members of the Board of Directors of the Registrant, expired at the conclusion of the Annual Meeting.”
John K. Lloyd departed as Director at OCEANFIRST FINANCIAL CORP.
“The terms of Angelo J. Catania, John K. Lloyd, and Grace M. Vallacchi, members of the Board of Directors of the Registrant, expired at the conclusion of the Annual Meeting.”
Angelo J. Catania departed as Director at OCEANFIRST FINANCIAL CORP.
“The terms of Angelo J. Catania, John K. Lloyd, and Grace M. Vallacchi, members of the Board of Directors of the Registrant, expired at the conclusion of the Annual Meeting.”
Joseph J. Lebel III was elected as Director at OCEANFIRST FINANCIAL CORP.
“Joseph J. Lebel III, the Registrant’s Executive Vice President and Chief Operating Officer, was elected as a member of the Board of Directors of the Registrant at the Registrant’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) held on May 25, 2022.”
Michael J. Fitzpatrick changed role as Acting Principal Accounting Officer at OCEANFIRST FINANCIAL CORP.
“In connection with Ms. Ho’s return, effective March 25, 2022, Michael J. Fitzpatrick, the Company’s Executive Vice President and Chief Financial Officer, has ceased serving as Acting Principal Accounting Officer.”
Angela K. Ho changed role as Principal Accounting Officer at OCEANFIRST FINANCIAL CORP.
“Effective March 25, 2022, Angela K. Ho, Principal Accounting Officer of OceanFirst Financial Corp. (the “Company”), has returned from a temporary leave of absence.”
Patrick S. Barrett was appointed as Executive Vice President and Chief Financial Officer at OCEANFIRST FINANCIAL CORP.
“hiring of Patrick S. Barrett as Executive Vice President and Chief Financial Officer effective June 1, 2022.”
Michael J. Fitzpatrick retired as Chief Financial Officer at OCEANFIRST FINANCIAL CORP.
“On March 17, 2022, OceanFirst Financial Corp. (the “Company”) issued a press release announcing the retirement of its Chief Financial Officer, Michael J. Fitzpatrick and hiring of Patrick S. Barrett as Executive Vice President and Chief Financial Officer effective June 1, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.