OceanFirst (OCFC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - OceanFirst Financial (OCFC) reported revenue of $102.96 million for the quarter ended September 2025, reflecting a year-over-year increase of 6.3% [1] - The earnings per share (EPS) for the quarter was $0.36, down from $0.39 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $102.35 million by 0.6%, while the EPS surpassed the consensus estimate of $0.34 by 5.88% [1] Financial Performance Metrics - Net Interest Margin was reported at 2.9%, matching the average estimate from two analysts [4] - The Efficiency Ratio was 74.1%, higher than the estimated 69.9% by two analysts [4] - Total Non-Interest Income was $12.3 million, exceeding the estimated $11.25 million [4] - Net Interest Income was reported at $90.66 million, slightly below the estimated $91.25 million [4] Stock Performance - OceanFirst shares have returned +6.1% over the past month, outperforming the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]