Peapack-Gladstone Financial

Peapack-Gladstone Financial

PGC · NASDAQ · Financial Services / Banks - Regional

46.12USD+0.11 (+0.24%)

Price History

Full chart

Market Stats

Previous Close46.01
Open46.09
Day Range45.66 – 46.37
52-Week Range24.57 – 49.09
Volume98.00K
Market Cap798.29M
P/E (TTM)15.64
Forward P/E9.60
EPS2.88
Dividend Yield0.44%
Beta0.70
50-Day Avg45.78
200-Day Avg39.26

About

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Wealth Management. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers corporate and industrial (C&I) lending and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management, C&I advisory, escrow management, deposit generation, and investment management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; wealth management clients include individuals, families, foundations, endowments, trusts, and estates; and commercial loan clients include business owners, professionals, retailers, contractors, and real estate investors. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines. The company was founded in 1921 and is headquartered in Bedminster, New Jersey.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Douglas L. Kennedy
  • Employees682
  • Headquarters500 Hills Drive, Bedminster, NJ, United States, 07921, USA
  • Websitehttps://www.peapackprivate.com

Leadership

  • Mr. Douglas L. KennedyPresident, CEO & Director · b. 1957
  • Mr. Frank A. Cavallaro CPASenior EVP & CFO · b. 1969
  • Mr. Robert A. PlanteExecutive VP & COO · b. 1960
  • Mr. John P. BabcockSenior EVP & President of Wealth Management · b. 1958
  • Mr. Gregory Martin SmithSenior EVP & President of Commercial Banking · b. 1967
  • Mr. Francesco S. RossiSenior VP & Chief Accounting Officer · b. 1976
  • Mr. Eric H. WaserExecutive VP & Head of Investment Banking · b. 1961
  • Mr. Matthew P. RemoSenior VP, Managing Principal, Treasurer & Head of Corporate Finance
  • Ms. Maureen E. HemhauserExecutive VP, Chief Risk Officer & Head of Compliance
  • Mr. Mark ZingaleSenior VP, Chief Legal Officer & General Counsel · b. 1960

Financials

Income Statement

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue11.35M16.16M31.40M41.18M47.19M51.94M51.73M54.84M66.91M77.53M86.39M86.78M79.81M73.75M70.36M75.79M74.94M94.09M120.46M143.94M173.35M203.65M235.37M227.51M228.78M274.72M229.67M402.91M441.36M
Growth (%)-+42.47%+94.25%+31.15%+14.60%+10.05%-0.39%+6.01%+22.00%+15.88%+11.43%+0.45%-8.04%-7.59%-4.59%+7.71%-1.12%+25.56%+28.03%+19.49%+20.44%+17.47%+15.58%-3.34%+0.56%+20.08%-16.40%+75.43%+9.54%
Cost of Revenue8.10M11.36M8.60M13.01M16.09M12.86M10.86M10.47M20.51M34.86M37.23M28.00M27.36M21.03M14.39M12.96M7.70M12.56M21.79M28.11M33.44M48.07M64.40M74.97M28.48M42.15M120.26M186.29M185.13M
Gross Profit3.25M4.80M22.80M28.17M31.11M39.08M40.87M44.37M46.40M42.68M49.16M58.78M52.45M52.71M55.97M62.82M67.23M81.53M98.67M115.82M139.92M155.57M170.97M152.54M200.30M232.57M109.41M216.61M256.23M
Gross Margin28.63%29.70%72.61%68.41%65.92%75.25%79.00%80.90%69.34%55.04%56.90%67.74%65.72%71.48%79.55%82.90%89.72%86.65%81.91%80.47%80.71%76.39%72.64%67.05%87.55%84.66%47.64%53.76%58.05%
Operating Expense-4.07M-4.78M13.00M16.52M17.82M21.36M22.79M25.18M27.49M28.95M32.09M93.43M42.27M41.82M41.99M46.72M52.47M57.24M66.53M73.08M85.61M97.85M104.85M120.53M122.64M130.23M148.29M171.66M203.92M
Operating Income7.31M9.58M9.80M11.65M13.29M17.73M18.09M19.19M18.90M13.73M17.07M-34.65M10.18M10.89M13.98M16.10M14.76M24.29M32.14M42.74M54.31M57.72M66.12M32.00M77.66M102.34M-38.89M44.95M52.31M
Operating Margin64.46%59.29%31.21%28.29%28.15%34.13%34.96%35.00%28.25%17.71%19.76%-39.92%12.76%14.77%19.87%21.25%19.70%25.81%26.68%29.69%31.33%28.34%28.09%14.07%33.95%37.25%-16.93%11.16%11.85%
EBITDA8.01M10.58M10.90M12.89M14.74M20.42M22.30M22.30M21.90M16.30M19.33M-32.37M12.61M14.04M16.85M19.05M18.30M27.28M36.14M45.96M57.90M62.03M70.29M36.42M82.45M107.39M-38.89M49.58M63.26M
EBITDA Margin70.58%65.46%34.71%31.30%31.22%39.32%43.10%40.66%32.74%21.02%22.37%-37.30%15.80%19.04%23.95%25.13%24.42%28.99%30.00%31.93%33.40%30.46%29.86%16.01%36.04%39.09%-16.93%12.31%14.33%
Net Income4.49M6.03M6.60M7.71M8.92M11.93M12.30M13.11M13.13M10.23M11.86M-22.06M7.13M7.66M12.17M9.70M9.26M14.89M19.97M26.48M36.50M44.17M47.43M26.19M56.62M74.25M48.85M32.99M37.33M
Net Income Margin39.59%37.33%21.02%18.72%18.91%22.96%23.78%23.90%19.62%13.19%13.73%-25.42%8.93%10.39%17.29%12.79%12.36%15.83%16.58%18.39%21.05%21.69%20.15%11.51%24.75%27.03%21.27%8.19%8.46%
R&D--------------00000000-------
R&D as % of Total Revenue--------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense7.70M10.84M8.20M12.51M15.49M12.05M10.26M9.86M20.12M34.44M36.48M25.60M17.66M11.03M7.14M4.69M4.28M7.68M14.69M20.61M27.59M44.52M60.40M38.15M22.01M35.80M147.92M178.79M161.62M
Interest Expense % of Total Revenue67.85%67.08%26.11%30.38%32.81%23.21%19.84%17.98%30.08%44.42%42.23%29.50%22.13%14.96%10.14%6.18%5.71%8.16%12.20%14.32%15.91%21.86%25.66%16.77%9.62%13.03%64.41%44.38%36.62%

Balance Sheet

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets363.67M480.93M497.50M568.41M704.77M859.81M968.13M1.07B1.26B1.29B1.35B1.39B1.51B1.51B1.60B1.67B1.97B2.70B3.36B3.88B4.26B4.62B5.18B5.89B6.08B6.35B6.48B7.01B7.53B
Total Liabilities330.03M436.47M449.90M513.26M641.69M782.65M883.07M972.73M1.16B1.18B1.24B1.30B1.39B1.39B1.48B1.55B1.80B2.46B3.09B3.55B3.86B4.15B4.68B5.36B5.53B5.82B5.89B6.41B6.87B
Total Equity33.64M44.46M47.60M55.16M63.09M77.16M85.05M94.67M99.16M103.76M107.43M83.89M119.51M117.72M122.97M122.06M170.66M242.27M275.68M324.21M403.68M469.01M503.65M527.12M546.39M532.98M583.68M605.85M658.21M
Cash33.24M42.68M17.80M17.88M33.07M18.47M48.18M16.42M20.87M30.16M26.42M26.69M79.77M62.59M42.95M119.13M35.05M31.11M70.06M162.59M113.35M160.67M208.08M653.22M146.80M190.07M187.67M391.37M187.82M
Total Debt--3.00M-5.00M5.00M30.03M33.39M109.20M23.96M44.82M70.25M36.50M30.43M26.86M21.19M138.35M149.00M134.61M120.25M129.99M199.56M336.54M213.28M148.63M530.92M553.39M178.48M216.78M
Net Debt-33.24M-42.68M-17.80M-17.88M-28.07M-13.47M-18.15M16.98M88.34M-6.19M18.40M43.56M-43.27M-32.16M-16.09M-97.94M103.30M117.90M64.56M-42.34M16.65M38.88M128.46M-439.94M1.83M340.84M365.72M-212.89M28.96M

Cash Flow

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.18M7.78M8.00M9.78M10.11M17.61M13.98M14.69M14.50M22.30M15.85M13.07M7.80M21.95M22.46M17.85M32.70M27.26M30.31M42.93M55.94M64.25M86.30M36.72M75.46M118.90M70.08M71.10M43.13M
Investing Cash Flow-30.78M-24.87M-31.20M-51.02M-168.43M-136.12M-128.34M-142.89M-185.67M-27.77M-69.15M-76.42M-72.16M-18.83M-118.39M6.94M-407.69M-745.16M-625.43M-433.18M-435.51M-297.71M-486.96M-214.00M-753.80M-356.07M-147.48M-303.43M-735.76M
Financing Cash Flow32.08M28.50M16.10M61.57M124.96M136.85M98.73M91.07M178.14M12.23M51.24M62.05M117.44M-20.41M76.29M51.38M290.90M713.96M634.07M482.78M330.33M280.79M448.08M622.41M171.82M280.44M75.00M436.02M489.08M
Capital Expenditure689.00K1.49M900.00K2.94M3.02M2.25M2.21M6.69M3.26M4.70M4.54M3.16M3.42M2.96M975.00K1.05M2.54M3.94M1.92M3.22M2.38M1.06M1.71M3.08M3.93M3.52M3.28M8.10M14.55M
Free Cash Flow4.50M6.29M7.10M6.84M7.09M15.36M11.77M8.00M11.24M17.60M11.30M9.91M4.38M19.00M21.49M16.79M30.16M23.32M28.38M39.71M53.55M63.19M84.59M33.65M71.53M115.38M66.80M63.01M28.58M
Dividends Paid978.00K1.10M1.30M1.56M1.78M2.10M2.55M3.13M3.89M4.71M5.06M5.31M4.74M2.88M2.59M1.89M1.80M2.41M3.10M3.30M3.55M3.71M3.87M3.78M3.77M3.65M3.56M3.53M3.52M
FCF to OCF86.71%80.90%88.75%69.90%70.16%87.25%84.20%54.47%77.53%78.92%71.32%75.84%56.13%86.53%95.66%94.09%92.22%85.54%93.65%92.50%95.75%98.35%98.02%91.63%94.79%97.04%95.32%88.61%66.26%
Dividend Paid to FCF21.75%17.44%18.31%22.76%25.17%13.69%21.65%39.16%34.60%26.78%44.79%53.52%108.31%15.18%12.05%11.23%5.98%10.35%10.92%8.30%6.62%5.87%4.57%11.23%5.28%3.16%5.33%5.60%12.32%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Aug 1, 2003Nov 3, 2003Feb 2, 2004Apr 27, 2004Aug 2, 2004Nov 1, 2004Feb 1, 2005Apr 26, 2005Aug 1, 2005Nov 1, 2005Feb 1, 2006Apr 25, 2006Aug 1, 2006Nov 1, 2006Feb 1, 2007Apr 24, 2007Aug 1, 2007Nov 1, 2007Feb 1, 2008Apr 22, 2008Aug 1, 2008Nov 3, 2008Feb 5, 2009Apr 28, 2009Aug 3, 2009Nov 2, 2009Feb 1, 2010Apr 27, 2010Aug 2, 2010Nov 1, 2010Feb 1, 2011Apr 26, 2011Aug 1, 2011Nov 1, 2011Feb 1, 2012Apr 24, 2012Jul 30, 2012Nov 1, 2012Jan 31, 2013Apr 23, 2013Jul 31, 2013Oct 22, 2013Jan 30, 2014Apr 22, 2014Jul 28, 2014Oct 22, 2014Jan 29, 2015Apr 28, 2015Jul 29, 2015Oct 28, 2015Feb 1, 2016Apr 22, 2016Jul 28, 2016Oct 28, 2016Jan 27, 2017Apr 25, 2017Jul 28, 2017Oct 27, 2017Jan 29, 2018Apr 27, 2018Jul 27, 2018Oct 26, 2018Jan 25, 2019Apr 26, 2019Jul 26, 2019Oct 25, 2019Jan 29, 2020May 5, 2020Jul 29, 2020Oct 28, 2020Feb 1, 2021Apr 29, 2021Jul 28, 2021Oct 28, 2021Jan 28, 2022Apr 29, 2022Jul 29, 2022Oct 27, 2022Jan 26, 2023Apr 25, 2023Jul 25, 2023Oct 24, 2023Jan 25, 2024Apr 23, 2024Jul 23, 2024Oct 22, 2024Jan 28, 2025Apr 22, 2025Jul 21, 2025Oct 22, 2025Feb 18, 2026Apr 22, 2026Jul 27, 2026Nov 6, 2026
EPS Estimate------------------------------------------0.400.290.240.140.100.240.180.220.150.230.210.23---------0.270.280.320.290.320.320.220.290.350.380.440.430.430.470.480.580.600.590.570.550.590.600.630.540.330.560.440.540.660.730.800.810.921.091.121.060.880.610.460.510.340.370.460.510.620.600.650.700.870.94
EPS Actual0.190.170.170.210.200.220.200.230.240.200.230.250.260.270.340.350.340.310.360.370.320.320.360.360.390.350.410.360.360.330.360.300.160.320.300.310.290.410.390.400.39-3.630.260.170.100.110.160.160.260.180.180.220.240.260.290.300.310.120.320.220.210.250.260.320.320.320.330.340.350.280.390.400.430.430.460.450.560.470.570.630.600.610.580.590.630.64-0.110.440.710.320.680.740.790.821.091.101.121.111.020.800.500.450.480.430.410.500.430.410.560.690.800.85-
Surprise-------------------------------------------35.00%-41.38%-58.33%-21.43%60.00%-33.33%44.44%-18.18%20.00%-4.35%14.29%13.04%---------18.52%14.29%0.00%13.79%6.25%9.38%27.27%34.48%14.29%13.16%-2.27%6.98%4.65%19.15%-2.08%-1.72%5.00%1.69%7.02%5.45%0.00%5.00%1.59%-120.37%33.33%26.79%-27.27%25.93%12.12%8.22%2.50%34.57%19.57%2.75%-0.89%-3.77%-9.09%-18.03%-2.17%-5.88%26.47%10.81%8.70%-15.69%-33.87%-6.67%6.15%14.29%-2.30%-
Timing------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market----------Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap798.29M
Enterprise Value679.71M
Trailing P/E15.64
Forward P/E9.60
PEG Ratio0.64
Price / Sales2.77
Price / Book1.15
EPS2.88
Book Value39.13
Revenue (TTM)288.68M
Gross Profit (TTM)288.68M
Profit Margin17.98%
Operating Margin30.52%
Return on Equity7.72%
Return on Assets0.68%
Shares Outstanding17.73M
Shares Float15.25M
Beta0.70
Dividend Yield0.44%
Dividend Rate0.20
Payout Ratio6.90%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 56.00
  • Strong Buy
    2
  • Buy
    2

Ownership Breakdown

Institutions
79.07%
Insiders
11.24%
Retail / Other
9.69%

Top Institutional Holders

  • BlackRock Inc
    1.47M8.30%
  • Dimensional Fund Advisors, Inc.
    1.04M5.84%
  • Vanguard Capital Management, LLC
    686.06K3.87%
  • Wellington Management Company LLP
    674.88K3.81%
  • Philadelphia Trust Co
    671.78K3.79%
  • State Street Corp
    516.91K2.92%
  • Peapack Gladstone Financial Corp
    494.25K2.79%
  • Boston Partners Global Investors, Inc
    467.56K2.64%
  • American Century Companies Inc
    458.35K2.59%
  • Brown Advisory Holdings Inc
    456.27K2.57%
  • Geode Capital Management, LLC
    391.39K2.21%
  • STRATEGIC VALUE BANK PARTNERS LLC
    378.42K2.13%
  • Algert Global LLC
    356.30K2.01%
  • Basswood Capital Management LLC
    291.11K1.64%
  • Banc Funds Co LLC
    273.95K1.55%
  • Adage Capital Partners Gp LLC
    259.22K1.46%
  • JPMorgan Chase & Co
    243.24K1.37%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    511.11K2.88%
  • iShares Russell 2000 ETF
    424.93K2.40%
  • Avantis US Small Cap Value ETF
    382.87K2.16%

Dividends

20264×
0.05Nov 12, 20260.05Aug 13, 20260.05May 7, 20260.05Feb 12, 2026
20254×
0.05Nov 6, 20250.05Aug 7, 20250.05May 8, 20250.05Feb 6, 2025
20244×
0.05Nov 7, 20240.05Aug 8, 20240.05May 8, 20240.05Feb 7, 2024
20234×
0.05Nov 8, 20230.05Aug 9, 20230.05May 5, 20230.05Feb 8, 2023
20224×
0.05Nov 9, 20220.05Aug 10, 20220.05May 11, 20220.05Feb 9, 2022
20214×
0.05Nov 9, 20210.05Aug 9, 20210.05May 10, 20210.05Feb 10, 2021

Stock Splits

  • Oct 21, 20131396:1369
  • Jul 7, 200921:20
  • Sep 29, 200411:10
  • Sep 29, 200311:10
  • Nov 4, 20022:1
  • Sep 27, 200111:10
  • Sep 28, 200021:20
  • Sep 29, 199921:20
  • Sep 29, 199821:20