OCFC

EX-99.1

2 ex991-earningsreleasesepte.htm

EX-99.1

Document

Press Release

Exhibit 99.1

Company Contact:

Patrick S. Barrett

Chief Financial Officer

OceanFirst Financial Corp.

Tel: (732) 240-4500, ext. 27507

Email: pbarrett@oceanfirst.com

FOR IMMEDIATE RELEASE

OCEANFIRST FINANCIAL CORP.

ANNOUNCES THIRD QUARTER

FINANCIAL RESULTS

RED BANK, NEW JERSEY, October 27, 2026 - OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), reported net income available for common stockholders of $16.5 million, or $0.17 per diluted share1, for the three months ended September 30, 2026, as compared to $17.3 million, or $0.30 per diluted share, for the corresponding prior year period, and a net loss of $3.0 million, or $0.04 per diluted share, for the linked quarter. For the nine months ended September 30, 2026, the Company reported net income available to common stockholders of $33.9 million, or $0.45 per diluted share, as compared to $54.0 million, or $0.94 per diluted share, for the corresponding prior year period. Selected performance metrics are as follows (refer to “Selected Quarterly Financial Data” for additional information):

For the Three Months Ended,For the Nine Months Ended,

Performance Ratios (Annualized):September 30,June 30,September 30,September 30,September 30,

20262026202520262025

Return (loss) on average assets 0.28 %(0.07)%0.51 %0.25 %0.54 %

Return (loss) on average stockholders’ equity2.70 (0.63)4.15 2.26 4.29

Return (loss) on average tangible stockholders’ equity (a) 3.63 (0.88)6.13 3.14 6.28

Return (loss) on average tangible common equity (a) 3.63 (0.88)6.13 3.14 6.28

Efficiency ratio81.76 98.88 74.13 84.51 70.64

Net interest margin3.18 3.05 2.91 3.07 2.91

(a) Return (loss) on average tangible stockholders’ equity and return (loss) on average tangible common equity are non-GAAP (“generally accepted accounting principles”) financial measures. Refer to “Explanation of Non-GAAP Financial Measures” and tables included in this release for reconciliation and additional information regarding non-GAAP financial measures.

1 The number of shares outstanding and all common share-related calculations, including earnings per share, book value per share, and tangible book value per share, are calculated using both common stock and non-voting common equivalent (“NVCE”) stock, which are participating securities. All NVCE shares presented in this document are reported on an as-converted common stock equivalent basis.

Core earnings2 for the three and nine months ended September 30, 2026 were $46.9 million and $101.8 million, respectively, or $0.48 and $1.35 per diluted share, an increase from $20.3 million and $58.4 million, respectively, or $0.36 and $1.01 per diluted share, for the corresponding prior year periods, and an increase from $30.5 million, or $0.43 per diluted share, for the linked quarter.

Core earnings PTPP2 for the three and nine months ended September 30, 2026 were $70.8 million and $149.7 million, respectively, or $0.72 and $1.99 per diluted share, an increase from $30.5 million and $89.3 million, respectively, or $0.54 and $1.55 per diluted share, for the corresponding prior year periods, and an increase from $44.5 million, or $0.63 per diluted share, for the linked quarter. Selected performance metrics are as follows:

For the Three Months Ended,For the Nine Months Ended,

September 30,June 30,September 30,September 30,September 30,

Core Ratios2 (Annualized): 20262026202520262025

Return on average assets 0.80 %0.71 %0.60 %0.74 %0.58 %

Return on average tangible stockholders’ equity10.35 8.92 7.19 9.43 6.79

Return on average tangible common equity10.35 8.92 7.19 9.43 6.79

Efficiency ratio61.75 66.20 70.30 64.38 69.49

Diluted earnings per share$0.48 $0.43 $0.36 $1.35 $1.01

PTPP diluted earnings per share 0.72 0.63 0.54 1.99 1.55

Key developments for the quarter, compared to the linked quarter, are described below:

•Loan Growth: Total loans increased $215.7 million, representing a 5% annualized growth rate, driven by $325.0 million of commercial loan growth. Commercial loan originations increased 15% to $734.8 million, from $641.5 million in the linked quarter.

•Deposit Growth: Total deposits increased $319.3 million to $18.1 billion from $17.8 billion.

2 Core earnings and core earnings before income taxes and provision for credit losses (“PTPP” or “Pre-Tax-Pre-Provision”), and ratios derived therefrom, are non-GAAP financial measures that exclude certain non-core items. Refer to “Explanation of Non-GAAP Financial Measures” and “Other Items - Non-GAAP Reconciliation” tables for additional information regarding non-GAAP financial measures.

2

•Completion of Core Conversion: The Company successfully completed its core system conversion and integration activities in September, positioning the Company to realize anticipated cost savings beginning in the fourth quarter of 2026.

•Capital Outlook: With the completio

EX-99.1

2 ex991-earningsreleasejune2.htm

EX-99.1

Document

Press Release

Exhibit 99.1

Company Contact:

Patrick S. Barrett

Chief Financial Officer

OceanFirst Financial Corp.

Tel: (732) 240-4500, ext. 27507

Email: pbarrett@oceanfirst.com

FOR IMMEDIATE RELEASE

OCEANFIRST FINANCIAL CORP.

ANNOUNCES SECOND QUARTER

FINANCIAL RESULTS

RED BANK, NEW JERSEY, July 30, 2026 - OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), reported a net loss of $3.0 million, or $0.04 per diluted share1, for the three months ended June 30, 2026, compared to net income available for common stockholders of $16.2 million, or $0.28 per diluted share, for the corresponding prior year period, and net income of $20.5 million, or $0.36 per diluted share, for the linked quarter. For the six months ended June 30, 2026, the Company reported net income available to common stockholders of $17.5 million, or $0.27 per diluted share, as compared to $36.7 million, or $0.63 per diluted share, for the corresponding prior year period. Selected performance metrics are as follows (refer to “Selected Quarterly Financial Data” for additional information):

For the Three Months Ended,For the Six Months Ended,

Performance Ratios (Annualized):June 30,March 31,June 30,June 30,June 30,

20262026202520262025

Return on average assets (0.07)%0.57 %0.49 %0.22 %0.56 %

Return on average stockholders’ equity(0.63)4.95 3.86 1.95 4.36

Return on average tangible stockholders’ equity (a) (0.88)7.22 5.66 2.79 6.36

Return on average tangible common equity (a) (0.88)7.22 5.66 2.79 6.36

Efficiency ratio98.88 71.13 71.93 86.67 68.82

Net interest margin3.05 2.93 2.91 2.99 2.91

(a) Return on average tangible stockholders’ equity and return on average tangible common equity are non-GAAP (“generally accepted accounting principles”) financial measures. Refer to “Explanation of Non-GAAP Financial Measures” and tables included in this release for reconciliation and additional information regarding non-GAAP financial measures.

1 The number of shares outstanding and all common share-related calculations, including earnings per share, book value per share, and tangible book value per share, are calculated using both common stock and non-voting common equivalent (“NVCE”) stock, which are participating securities. All NVCE shares presented in this document are reported on an as-converted common stock equivalent basis.

Core earnings2 for the three and six months ended June 30, 2026 were $30.5 million and $54.9 million, respectively, or $0.43 and $0.86 per diluted share, an increase from $17.7 million and $38.0 million, respectively, or $0.31 and $0.66 per diluted share, for the corresponding prior year periods, and an increase from $24.3 million, while remaining flat at $0.43 per diluted share, for the linked quarter.

Core earnings PTPP2 for the three and six months ended June 30, 2026 were $44.5 million and $78.9 million, respectively, or $0.63 and $1.24 per diluted share, an increase from $26.4 million and $58.8 million, respectively, or $0.46 and $1.02 per diluted share, for the corresponding prior year periods, and an increase from $34.4 million or $0.60 per diluted share, for the linked quarter. Selected performance metrics are as follows:

For the Three Months Ended,For the Six Months Ended,

June 30,March 31,June 30,June 30,June 30,

Core Ratios2 (Annualized): 20262026202520262025

Return on average assets 0.71 %0.68 %0.53 %0.70 %0.58 %

Return on average tangible stockholders’ equity8.92 8.56 6.17 8.76 6.59

Return on average tangible common equity8.92 8.56 6.17 8.76 6.59

Efficiency ratio66.20 66.76 72.28 66.44 69.06

Diluted earnings per share$0.43 $0.43 $0.31 $0.86 $0.66

PTPP diluted earnings per share 0.63 0.60 0.46 1.24 1.02

Key developments for the quarter, compared to the linked quarter, are described below:

•Organic Growth: The Company generated continued organic growth across its legacy portfolio, with commercial loans increasing $154 million, or 2%, non-interest bearing deposits increasing $101 million, or 6%, and $150 million of deposit growth from Premier Banking teams, reflecting the Company’s focus on core relationships. These results underscore the continued strength of the core growth initiatives, which the Flushing franchise will further bolster.

2 Core earnings and core earnings before income taxes and provision for credit losses (“PTPP” or “Pre-Tax-Pre-Provision”), and ratios derived therefrom, are non-GAAP financial measures that exclude certain non-core items. Refer to “Explanation of Non-GAAP Financial Measures” and “Other Items - Non-GAAP Reconciliation” tables for additional information regarding non-GAAP financial measures.

2

•Net Interest Margin Expansion: Net interest margin increased 12 basis points to 3.05% from 2.93%, and net interest income increased by $24.3 million to $120.7 million.

•Flushing Acquisition: On June 1, 2026, the Company completed its acquis

EX-99.1

2 ex991-earningsreleasemarch.htm

EX-99.1

Document

Press Release

Exhibit 99.1

Company Contact:

Patrick S. Barrett

Chief Financial Officer

OceanFirst Financial Corp.

Tel: (732) 240-4500, ext. 27507

Email: pbarrett@oceanfirst.com

FOR IMMEDIATE RELEASE

OCEANFIRST FINANCIAL CORP.

ANNOUNCES FIRST QUARTER

FINANCIAL RESULTS

RED BANK, NEW JERSEY, April 23, 2026 - 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, as compared to $20.5 million, or $0.35 per diluted share, for the corresponding prior year period, and compared to $13.1 million, or $0.23 per diluted share, for the linked quarter. Selected performance metrics are as follows (refer to “Selected Quarterly Financial Data” for additional information):

For the Three Months Ended,

Performance Ratios (Annualized):March 31,December 31,March 31,

202620252025

Return on average assets 0.57 %0.36 %0.62 %

Return on average stockholders’ equity4.95 3.12 4.85

Return on average tangible stockholders’ equity (a) 7.22 4.57 7.05

Return on average tangible common equity (a) 7.22 4.57 7.40

Efficiency ratio71.13 80.37 65.67

Net interest margin2.93 2.87 2.90

(a) Return on average tangible stockholders’ equity and return on average tangible common equity (“ROTCE”) are non-GAAP (“generally accepted accounting principles”) financial measures. Refer to “Explanation of Non-GAAP Financial Measures,” “Selected Quarterly Financial Data” and “Other Items - Non-GAAP Reconciliation” tables for reconciliation and additional information regarding non-GAAP financial measures.

Core earnings1 for the quarter ended March 31, 2026 were $24.3 million, or $0.43 per diluted share, an increase from $20.3 million, or $0.35 per diluted share, for the corresponding prior year period, and an increase from $23.5 million, or $0.41 per diluted share, for the linked quarter.

Core earnings PTPP1 for the quarter ended March 31, 2026 were $34.4 million, or $0.60 per diluted share, an increase from $32.4 million, or $0.56 per diluted share, for the corresponding prior year period, and an increase from $33.2 million or $0.58 per diluted share, for the linked quarter. Selected performance metrics are as follows:

For the Three Months Ended,

March 31,December 31,March 31,

Core Ratios1 (Annualized): 202620252025

Return on average assets 0.68 %0.65 %0.62 %

Return on average tangible stockholders’ equity8.56 8.21 7.00

Return on average tangible common equity8.56 8.21 7.34

Efficiency ratio66.76 68.19 65.81

Diluted earnings per share$0.43 $0.41 $0.35

PTPP diluted earnings per share 0.60 0.58 0.56

1 Core earnings and core earnings before income taxes and provision for credit losses (“PTPP” or “Pre-Tax-Pre-Provision”), and ratios derived therefrom, are non-GAAP financial measures. For the periods presented, core earnings exclude the impact of net (gain) loss on equity investments, restructuring charges, credit risk transfer execution expense, Federal Deposit Insurance Corporation (“FDIC”) special assessment (release) expense, merger-related expenses, and the income tax effect of these items, as well as loss on redemption of preferred stock (collectively referred to as “non-core” operations). PTPP excludes the aforementioned pre-tax “non-core” items along with income tax expense (benefit) and provision for credit losses. Refer to “Explanation of Non-GAAP Financial Measures,” “Selected Quarterly Financial Data” and the “Other Items - Non-GAAP Reconciliation” tables for additional information regarding non-GAAP financial measures.

2

Key developments for the quarter, compared to the linked quarter, are described below:

•Margin and Net Interest Expansion: Net interest margin increased six basis points to 2.93%, from 2.87%, and net interest income increased by $1.2 million, to $96.4 million.

•Sustained Growth: Total loans increased $91.9 million, a 3% annualized growth rate, and included commercial and industrial loan growth of $105.1 million, a 19% annualized growth rate.

•Controlled Expenses: Non-interest expense decreased by 13%, or $10.7 million, to $73.4 million, and operating expenses excluding non-core operations decreased to $69.1 million from $71.2 million.

Chairman and Chief Executive Officer, Christopher D. Maher, commented on the Company’s results, “We are pleased to report strong first quarter results driven by continued loan growth, net interest margin expansion, and expense discipline. The Company remains focused on growing our business and improving profitability through margin expansion and prudent expense discipline.” Mr. Maher added, “Our announced merger agreement with Flushing Financial Corporation (“Flushing”) has recently been approved by shareholders, the New York State Department of Financial Services and the Office of the Comptroller of the Currency. It