FeesSafety
Pluang+

OceanFirst Financial reports $16.5M Q3 net income amid Flushing acquisition and margin growth

Company Fundamentals
28 Oct 2026, 00:00 WIB
GlobeNewsWire
View Source
Neutral
OceanFirst Financial reports $16.5M Q3 net income amid Flushing acquisition and margin growth

OceanFirst Financial Corp. posted $16.5 million in net income for Q3 2026, down from $17.3 million a year earlier but recovering from a linked quarter loss. The results reflect the recent acquisition of Flushing Financial Corporation, which boosted loans, deposits, and net interest income. The company completed its core system integration, expects cost savings, and plans to resume capital growth in Q4. Despite merger-related expenses, OceanFirst declared its 119th consecutive quarterly dividend, signaling confidence in ongoing profitability and growth.

OceanFirst Financial Corp.'s third quarter results include a net income of $16.5 million, down from $17.3 million a year earlier but showing recovery from a previous quarter loss. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 28, 2026 03:12 WIB: out of 142 priced Financials-sector US stocks tradable on Pluang, 78 rose and 63 fell today. Notable movers include GLXY at USD 17.20 with a 1-day change of +9.69%, BTBT at USD 0.91 with +9.04%, and PURR at USD 9.85 with +8.60%.

More News

Drone defense market to hit $18.19B by 2030 with 30.6% CAGR amid rising security threats

Drone defense market to hit $18.19B by 2030 with 30.6% CAGR amid rising security threats

The global drone defense system market is projected to grow from $4.72 billion in 2025 to $18.19 billion by 2030, driven by increasing unauthorized drone incidents and demand for advanced detection and countermeasure technologies. Growth is fueled by...

Market News
Bullish
3 hours ago
TOP Ships announces 1-for-10 reverse stock split effective November 6, 2026

TOP Ships announces 1-for-10 reverse stock split effective November 6, 2026

TOP Ships Inc. will implement a 1-for-10 reverse stock split of its common shares effective November 6, 2026, reducing the number of shares outstanding by a factor of ten without changing the company's market capitalization or shareholder ownership p...

Company Fundamentals
Neutral
4 hours ago
XRP is not ISO 20022 compliant; the standard governs payment messages, not coins or tokens.

XRP is not ISO 20022 compliant; the standard governs payment messages, not coins or tokens.

XRP cannot be ISO 20022 compliant because the standard only defines the format of payment messages between banks, not the means of payment like coins or tokens. The migration to ISO 20022 for cross-border payments via Swift was completed in November ...

Market News
Neutral
4 hours ago
Bitcoin's 90-day correlation with gold hits highest since 2014 as its link to Nasdaq weakens.

Bitcoin's 90-day correlation with gold hits highest since 2014 as its link to Nasdaq weakens.

Bitcoin's 90-day correlation with gold rose to 54%, the strongest since 2014, while its correlation with the Nasdaq-100 dropped to 33%, near a one-year low. This shift coincided with gold's 7% decline over the past month and a weakening U.S. dollar s...

Market News
Bullish
4 hours ago
Key resistance and support levels identified for Zcash, XRP, TRON, and NEAR Protocol as of Oct. 28

Key resistance and support levels identified for Zcash, XRP, TRON, and NEAR Protocol as of Oct. 28

On October 28, chart analysis identified key support and resistance levels for several cryptocurrencies. Zcash (ZEC) showed resistance near $1,300 and support around $1,195 and $1,050. XRP's resistance was noted at $1.37 with support between $1.25 an...

Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App