OceanFirst completes merger with Flushing Financial

OceanFirst Financial Corp.
Flushing Financial

OceanFirst Financial Corp.

OCFC

0.00

Flushing Financial

FFIC

0.00

  • OceanFirst completed its merger with Flushing Financial, creating a regional bank spanning New Jersey, New York, Long Island, and Pennsylvania.
  • The combined company operates under the OceanFirst brand with 71 retail branches across its footprint.
  • Flushing shareholders received 0.85 shares of OceanFirst common stock per Flushing share, with cash paid for fractional shares.
  • A USD 225 million strategic investment from Warburg Pincus closed concurrently with the merger.
  • Former Flushing CEO John Buran became non-executive board chair; the 17-member board includes one Warburg Pincus representative.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OceanFirst Financial Corporation published the original content used to generate this news brief on June 01, 2026, and is solely responsible for the information contained therein.