OceanFirst Financial Corp. reported mixed results for Q3 2025, characterized by balance sheet growth alongside reduced near-term profitability and increased credit risk provisioning.
Financial Performance & Capital Actions: Net Income available to common stockholders fell sharply to \(17.3 million (\)0.30/share) from \(24.1 million YoY, despite Net Interest Income (NII) growing to \)90.7 million and Net Interest Margin (NIM) improving to 2.91%. Operating expenses increased due to a $4.1 million restructuring charge taken for outsourcing the residential loan origination and title business, lea
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