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Stock impact report

OceanFirst Results Highlight Merger Integration Progress And Profitability Questions [Yahoo! Finance]

OceanFirst Financial Corp. (OCFC) 
Last oceanfirst financial corp. earnings: 4/23 08:40 pm Check Earnings Report
US:NASDAQ Investor Relations: oceanfirstonline.com/home/home
Company Research Source: Yahoo! Finance
OceanFirst Financial (NasdaqGS:OCFC) reported fourth quarter and full year results that highlighted loan and deposit growth alongside higher operating expenses tied to residential outsourcing and merger activity. Management discussed integration progress following the Flushing Financial merger and outlined plans to refine the funding mix and recruit additional banking talent. These updates point to meaningful operational changes that go beyond routine earnings details or dividend updates. For context, OceanFirst Financial's shares most recently closed at $18.75, with the stock up 1.5% over the past week and 4.5% over the past month. Over the past year, the share price is up 9.3%, while the 3 year return shows a 13.6% decline and the 5 year return sits at 21.8%. Those mixed results frame how investors might look at the latest quarterly performance and ongoing business changes. As merger integration progresses and operational shifts around outsourcing and the funding mix contin Show less Read more
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