Ocean Bank Reports Surge in Net Income for the First Half of 2026
Ocean Bank reported today increases in net income, assets and stockholder’s equity for the first six months of 2026.
Net income totaled $40.8 million, an increase of 34 percent over the same period in 2025, with net interest income reaching $123.9 million, up $12.1 million.
The bank’s assets reached $7.63 billion, an increase of $189.2 million from year-end 2025.
“Ocean Bank continues to post strong results, which boosted stockholder’s equity to a record $733.8 million,” said Agostinho Alfonso Macedo, President, Chairman and CEO.
