)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
OceanFirst Financial (OCFC) investor relations material
OceanFirst Financial M&A Announcement summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.M&A Announcement summary30 Dec, 2025
Deal rationale and strategic fit
Creates a high-performing regional bank with $23 billion in assets, expanding in New Jersey, Long Island, Queens, Brooklyn, Manhattan, and New York City, leveraging a 95+ year-old distribution network.
Combines two organizations with shared values, disciplined credit philosophy, and strong community commitment, leveraging Flushing's distribution and OceanFirst's technology.
Accelerates organic growth in deposit-rich markets, enhances customer support, and increases shareholder value.
Diversifies loan portfolio and reduces CRE concentration over time.
Enhances product offerings and market competitiveness, combining robust digital, commercial, and local market capabilities.
Financial terms and conditions
All-stock merger valued at $579 million, with a fixed exchange ratio of 0.85 OceanFirst shares per Flushing share.
Implied deal value of $16.80 per Flushing share, based on OceanFirst's closing price of $19.76.
$225 million equity investment from Warburg Pincus at $19.76 per share, including common and non-voting stock plus warrants, concurrent with closing.
Pro forma ownership: 58% OceanFirst, 30% Flushing, 12% Warburg Pincus.
No goodwill created; expected $9 million bargain purchase gain.
Synergies and expected cost savings
Targeting 35% cost savings from Flushing's non-interest expense, phased in by 2027.
One-time pre-tax restructuring charges of $106 million, including $5 million in charitable contributions.
16% EPS accretion expected by 2027, with a 3.1-year tangible book value earnback and 6% tangible book value dilution.
Net interest margin projected at 3.2% and non-interest expense to average assets at 1.7% by 2027.
No immediate branch closures or real estate savings included in projections, though these remain long-term opportunities.
Warburg Pincus warrant mandatory exercise terms
What drives the 3-year TBV earn-back period?
How will combined distribution channels drive growth?
Explain rent-regulated multifamily loan strategy?
What is the go-to-market strategy for deposits in NY?
Beyond capital, what is Warburg Pincus's role?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next OceanFirst Financial earnings date
Q4 202523 Jan, 2026
Next OceanFirst Financial earnings date
Q4 202523 Jan, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
OceanFirst Financial Corp is a bank holding company providing commercial and consumer banking services through its subsidiaries. The company offers deposit products, residential and commercial loans, and wealth management services. It serves customers in New Jersey, New York, and Pennsylvania through a network of branch offices and digital platforms. The company is headquartered in Red Bank, New Jersey, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage