Tim Switzer
Analyst, KBW
Replay available
OceanFirst Financial Corp. (OCFC) Q4 2025 Earnings Call
OceanFirst Financial Corp. (NASDAQ: OCFC) Q4 2025 earnings conference call, held 2026-01-23. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Joe LaBelle
President
Chris Marr
Head of Investor Relations
Christopher Marinak
Analyst, Janney Montgomery Scott
Pat Barrett
Chief Financial Officer
Matthew Brees
Analyst, Stephens Incorporated
Daniel Tamayo
Analyst, Raymond James
David Bishop
Analyst, Hogan Group
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Oceanfirst Financial Corp..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.356 Thank you, Alfred. Good morning, and thank you to all who have been able to join our 00:00:03.356 -- 00:00:05.519 fourth quarter of the 2025 00:00:05.519 -- 00:00:09.645 earnings conference call. This morning, I'm joined by our president, Joe LaBelle, and 00:00:09.645 -- 00:00:14.071 our chief financial officer, Pat Barrett. We appreciate your interest in our performance 00:00:14.071 -- 00:00:17.255 and this opportunity to discuss our results with you. 00:00:17.255 -- 00:00:21.061 This morning, we will provide brief remarks about the financial and operating performance 00:00:21.061 -- 00:00:25.086 for the quarter and some color regarding the outlook for our business. 00:00:25.086 -- 00:00:28.712 We may refer to the slides filed in connection with the earnings release throughout the 00:00:28.712 -- 00:00:33.922 call. After our discussion, we look forward to taking your questions. 00:00:34.064 -- 00:00:37.548 We reported our financial results for the fourth quarter, which included earnings per 00:00:37.548 -- 00:00:43.814 share of 23 cents on a fully diluted gap basis and 41 cents on a core basis. 00:00:43.814 -- 00:00:48.179 In terms of performance indicators, we're pleased to report a fifth consecutive quarter 00:00:48.179 -- 00:00:53.344 of net interest income growth, which increased by $5 million, or 5%, 00:00:53.344 -- 00:00:58.857 as compared to the prior quarter, and up 14% as compared to the prior year quarter. 00:00:58.857 -- 00:01:03.821 The current quarter results were fueled by an increase in average net loans of $446 million. 00:01:03.821 -- 00:01:07.905 Our net interest margin of 2.87% declined 00:01:07.905 -- 00:01:11.267 modestly compared to the third quarter. 00:01:11.267 -- 00:01:16.772 Total loans for the quarter i...