OceanFirst Financial Corp. and Flushing Financial Corporation Announce Merger Agreement and $225 Million Strategic Investment from Warburg Pincus
Globenewswire·2025-12-30 00:16

Creates a scaled, high performing regional bank with 23billioninassetsstrategicallylocatedinattractiveNewJersey,LongIslandandNewYorkmarketsMeaningfullyenhancesprofitabilitymetricswithestimatedEPSaccretionof1623 billion in assets strategically located in attractive New Jersey, Long Island and New York marketsMeaningfully enhances profitability metrics with estimated EPS accretion of 16%, ROATCE of 13% and ROAA of 1.00% by 2027225 million equity raise, priced at-the-market, is fully committed at a fixed price after extensive investor due diligence by Warburg Pincus1 RED BANK, N.J. and UNIONDALE, N.Y., Dec. 29, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Cor ...