OceanFirst (OCFC) Q2 FY26 earnings call

OceanFirst reported Q2 FY26 results reflecting the transformational acquisition of Flushing Financial Corporation, which closed on June 1. Despite a GAAP net loss due to merger-related expenses, core earnings remained stable and pre-tax, pre-provision core earnings saw significant growth. The company strategically repositioned its balance sheet by selling multifamily loans and is focused on integrating Flushing's operations, with full conversion expected by the end of Q3 FY26, while also pursuing organic growth and talent acquisition.