OceanFirst Financial Corp. completed its merger with Flushing Financial Corporation on June 1, 2026. Flushing shareholders received 0.85 shares of OceanFirst common stock for each share of Flushing common stock held. OceanFirst issued approximately 29.30 million shares of common stock as merger consideration. OceanFirst completed a $225 million strategic investment from Warburg Pincus, consisting of 9.5 million shares of common stock and 1,812 shares of non-voting common-equivalent (NVCE) stock. OceanFirst assumed $251.86 million in aggregate principal amount of Flushing's subordinated and junior subordinated debt. The combined company now operates 71 retail branches across New Jersey, New York, Long Island, and Pennsylvania.