OceanFirst Completes Merger with Flushing Financial, Creating a Regional Banking Franchise with 71 Branches

OceanFirst Financial Corp. has completed its merger with Flushing Financial Corp. The milestone creates a regional banking franchise with 71 branches across New Jersey, New York, Long Island and Pennsylvania.

The parties completed the transaction June 1 after markets closed. The deal also included a $225 million strategic investment from Warburg Pincus that closed concurrently with the merger.

The combined company will operate under the OceanFirst brand, expanding its presence across key Northeast markets. Following the merger’s completion, trading in Flushing Financial shares was suspended after Monday’s market close.

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