tiprankstipranks
Trending News
More News >

Peapack-Gladstone Financial Reports Strong Q1 2025 Growth

Story Highlights
  • Peapack-Gladstone Financial saw strong growth in net interest income and deposits in Q1 2025.
  • The company’s expansion into the New York market has bolstered its financial performance and liquidity profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Peapack-Gladstone Financial ( (PGC) ) has provided an announcement.

In the first quarter of 2025, Peapack-Gladstone Financial Corporation reported significant growth in net interest income and core deposits, driven by its strategic expansion into the Greater New York Metropolitan market. The company’s rebranding to Peapack Private Bank & Trust has been well received, contributing to a robust pipeline of new relationships and deposits. The expansion has resulted in strong financial performance, with notable increases in net interest margin and loan originations. The company continues to strengthen its liquidity profile and explore additional regional locations, aiming to enhance its franchise value and maintain its growth trajectory.

Spark’s Take on PGC Stock

According to Spark, TipRanks’ AI Analyst, PGC is a Neutral.

Peapack-Gladstone Financial Corporation has a mixed financial performance with challenges in cash flow and increasing liabilities. However, recent corporate achievements show strong earnings growth and successful expansion, which are positive indicators. Technical indicators suggest caution due to downward momentum. Valuation is average, without significant red flags or appeals.

To see Spark’s full report on PGC stock, click here.

More about Peapack-Gladstone Financial

Peapack-Gladstone Financial Corporation is a financial services company focusing on private banking and wealth management. The company operates primarily in the New Jersey and New York markets, offering a range of financial products and services to its clients.

YTD Price Performance: -19.22%

Average Trading Volume: 101,920

Technical Sentiment Signal: Buy

Current Market Cap: $454.9M

Learn more about PGC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App