Monteverde & Associates Investigates OceanFirst Merger with Flushing Financial
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Should l Buy OCFC?
Source: PRnewswire
- Shareholder Rights Protection: Monteverde & Associates is investigating the merger between OceanFirst Financial Corp. and Flushing Financial Corp., with OceanFirst shareholders expected to own approximately 58% of the combined entity, thereby ensuring shareholder interests are safeguarded in the transaction.
- Legal Service Recognition: The firm has been recognized as a Top 50 firm in the 2024 ISS Securities Class Action Services Report, indicating its expertise and success rate in protecting shareholder rights, which enhances its reputation in the market.
- Merger Deal Fairness: The law firm is assessing the fairness of the merger, aiming to provide shareholders with transparent information and legal support to help them make informed decisions, thereby increasing client trust.
- No-Risk Consultation: Monteverde & Associates offers free legal consultations, encouraging shareholders to learn more without any cost or obligation, which strengthens its client base and market influence.
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Analyst Views on OCFC
Wall Street analysts forecast OCFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OCFC is 20.50 USD with a low forecast of 19.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 19.680
Low
19.00
Averages
20.50
High
22.00
Current: 19.680
Low
19.00
Averages
20.50
High
22.00
About OCFC
OceanFirst Financial Corp. is the holding company for OceanFirst Bank N.A. (the Bank). The Bank is a regional community bank offering a variety of financial products and services to meet the needs of customers in the communities it serves. Its principal business is originating loans, consisting of commercial real estate and other commercial loans, and single-family, owner-occupied residential mortgage loans. It delivers commercial and residential financing, treasury management, trust and asset management, and deposit services. It also invests in other types of loans, including residential construction and consumer loans. The Bank primarily operates over 39 branch offices and various deposit production facilities located throughout central and southern New Jersey and the metropolitan areas of New York City and Philadelphia. It also operates commercial loan production offices in New Jersey, New York City, the greater Philadelphia area, Pittsburgh, Washington D.C., Baltimore, and Boston.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

- Earnings Performance: OceanFirst Financial Corp. reported Q4 2025 earnings per share of $0.23 (GAAP) and $0.41 core earnings, indicating stable profitability and reflecting the company's competitive strength in the market.
- Loan Growth: Total loan originations reached $1 billion, with record quarterly loan growth of $474 million, representing an annualized growth rate of 18%, demonstrating the company's strong performance in the credit market and increased market share.
- Asset Quality: Nonperforming loans accounted for only 0.2% of total loans, with special mention and substandard loans decreasing by 10% to $112 million, showcasing the company's effectiveness in risk management and asset quality control.
- Strategic Acquisition: The merger agreement with Flushing Financial is expected to directly support OceanFirst's organic growth initiatives in New York, enhancing its competitive position in the U.S. banking market and driving future business expansion.
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- Quarterly Dividend Declaration: OceanFirst Financial has declared a quarterly dividend of $0.20 per share, consistent with previous distributions, reflecting the company's stable cash flow and shareholder return strategy.
- Yield Performance: The forward yield of 4.17% is attractive in the current market environment, potentially drawing in more investors seeking stable income.
- Dividend Payment Schedule: The dividend will be payable on February 13, with a record date of February 2 and an ex-dividend date also set for February 2, ensuring timely returns for shareholders.
- Market Reaction Expectations: The announcement of the dividend is expected to bolster investor confidence in OceanFirst Financial, potentially having a positive impact on its stock price and further solidifying its position in the financial market.
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- Earnings Beat: OceanFirst Financial reported a Q4 Non-GAAP EPS of $0.41, exceeding market expectations by $0.05, indicating a sustained enhancement in the company's profitability.
- Significant Revenue Growth: The company achieved revenue of $104.6 million in Q4, reflecting a 9.5% year-over-year increase, surpassing analyst expectations by $0.9 million and demonstrating robust business growth.
- Acquisition Strategy: OceanFirst Financial announced plans to acquire Flushing Financial, raising $225 million, which underscores its strategic intent to expand market share and solidify its position in the financial services sector.
- Debt Financing Arrangement: The company also announced the pricing of a subordinated notes offering aimed at optimizing its capital structure and providing funding support for future growth, thereby enhancing its financial flexibility.
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- FONAR Shareholder Investigation: Halper Sadeh LLC is investigating FONAR Corporation's sale to CEO Timothy Damadian and certain executives at $19 per share, potentially violating fiduciary duties to shareholders, which could impact shareholder rights.
- OceanFirst Merger Details: Upon completion of the merger with Flushing Financial Corp., OceanFirst Financial Corp. shareholders are expected to own approximately 58% of the combined entity, which may affect the future market positioning of both companies.
- Flushing Financial Shareholder Rights: Flushing Financial Corp. is being sold to OceanFirst for 0.85 shares of OceanFirst common stock per Flushing share, with Halper Sadeh LLC potentially seeking increased consideration and additional disclosures to enhance shareholder protections.
- Legal Service Commitment: Halper Sadeh LLC will handle the case on a contingency fee basis, meaning shareholders will not incur out-of-pocket legal fees, and they are encouraged to contact the firm to discuss their legal rights and options.
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- Legal Investigation Launched: Halper Sadeh LLC is investigating ON24, Inc. (NYSE:ONTF) regarding its sale to Cvent for $8.10 per share in cash, potentially indicating violations of shareholder rights.
- Shareholder Rights Protection: In the transaction involving Flushing Financial Corp. (NASDAQ:FFIC) and OceanFirst Financial Corp., Flushing shareholders will receive 0.85 shares of OceanFirst stock for each share of Flushing stock, with Halper Sadeh LLC possibly seeking increased compensation for shareholders.
- Merger Impact Analysis: The merger between OceanFirst Financial Corp. (NASDAQ:OCFC) and Flushing Financial Corp. is expected to result in OceanFirst shareholders owning approximately 58% of the combined entity, prompting Halper Sadeh LLC to request additional disclosures to safeguard shareholder interests.
- Legal Service Commitment: Halper Sadeh LLC offers legal services on a contingency fee basis, encouraging shareholders to reach out to discuss their legal rights and options, aiming to secure greater rights and compensation for affected shareholders.
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- Ventyx Acquisition Investigation: Halper Sadeh LLC is investigating Ventyx Biosciences, Inc. (NASDAQ: VTYX) for potential fiduciary duty breaches related to its sale to Eli Lilly for $14.00 per share, which may impact shareholder rights.
- ON24 Shareholder Rights: The firm is also scrutinizing ON24, Inc. (NYSE: ONTF) regarding its cash sale to Cvent for $8.10 per share, urging shareholders to understand their legal rights amid potential violations.
- Flushing Financial Merger: The merger of Flushing Financial Corp. (NASDAQ: FFIC) with OceanFirst Financial Corp. involves Flushing shareholders receiving 0.85 shares of OceanFirst stock for each share of Flushing, with Halper Sadeh potentially seeking increased compensation for shareholders.
- Impact on OceanFirst Shareholders: Post-merger, OceanFirst shareholders are expected to own approximately 58% of the combined entity, prompting Halper Sadeh LLC to advocate for enhanced disclosures and protections for shareholders.
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