OceanFirst (OceanFirst Financial Corporation) reported FY 2025 net income attributable to common stockholders of USD 67.1 million, or USD 1.17 per diluted share, on interest income of USD 642.5 million and net interest income of USD 360.2 million. Net interest margin was 2.90%, with provision for credit losses of USD 16.2 million and other income of USD 44.7 million; operating expenses were USD 296.2 million and income before income taxes was USD 92.5 million. At December 31, 2025, OceanFirst reported total assets of USD 14.6 billion, loans receivable (net of allowance) of USD 11.0 billion, deposits of USD 11.0 billion, FHLB advances of USD 1.4 billion, and total stockholders’ equity of USD 1.7 billion. The company’s common equity tier 1 capital ratio was 10.72%, and its stockholders’ equity to total assets ratio was 11.42%. Business and corporate updates for FY 2025 included outsourcing residential loan originations on October 15, 2025; as of December 31, 2025, OceanFirst had USD 9.5 million of residential loans in the pipeline (remaining commitments expected to close in 2026). OceanFirst also issued USD 185.0 million of subordinated notes in October 2025 (6.375% initial rate; maturity November 15, 2035) and redeemed USD 125.0 million of subordinated notes due May 15, 2030 in November 2025; it also redeemed its preferred stock for USD 55.5 million. In December 2025, the bank executed a credit risk transfer (credit default swap) tied to a USD 1.52 billion pool of on-balance sheet residential mortgage loans to optimize regulatory capital and reduce credit risk. OceanFirst repurchased 1,433,537 shares for USD 24.9 million in FY 2025 and paid USD 0.80 in cash dividends per common share for FY 2025.

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