On October 22, 2025, OceanFirst Financial Corp. announced its third‑quarter 2025 financial results, reporting net income of $17.3 million, or $0.30 per diluted share, for the quarter ended September 30, 2025.
Net interest income rose to $90.7 million, up $3.0 million from the prior quarter, and the net interest margin expanded to 2.91% from 2.67%. Total deposits increased by $110.7 million, lowering the cost of deposits to 2.06%.
The margin expansion and deposit growth support the bank’s strategic pivot toward lower‑cost, relationship‑based deposits and commercial & industrial lending. However, net income and EPS declined year‑over‑year, reflecting broader market conditions and the bank’s ongoing transition. The results reinforce the bank’s focus on maintaining strong asset quality while pursuing growth.
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