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Peapack-Gladstone Financial ( (PGC) ) just unveiled an announcement.
Peapack-Gladstone Financial Corporation reported its second quarter 2025 financial results, highlighting significant growth in deposits and net income. The company achieved a 12% increase in deposits, reaching $6.4 billion, and recorded a net income of $7.9 million. The expansion in Metro New York has been successful, with over 700 new relationships and $1.3 billion in new core deposits. The company’s wealth management division saw assets under management rise to $12.3 billion, contributing to a 23% share of total revenue. The company’s strategic expansion and rebranding efforts have positioned it as a premier boutique private bank in the region.
The most recent analyst rating on (PGC) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Peapack-Gladstone Financial stock, see the PGC Stock Forecast page.
Spark’s Take on PGC Stock
According to Spark, TipRanks’ AI Analyst, PGC is a Neutral.
Peapack-Gladstone Financial’s overall stock score is influenced by its solid financial performance, particularly in cash flow and balance sheet strength. Corporate events have provided a positive outlook with strategic expansions. However, the technical analysis indicates mixed sentiment, and valuation presents moderate attractiveness. The absence of earnings call data limits deeper insights into future guidance and sentiment.
To see Spark’s full report on PGC stock, click here.
More about Peapack-Gladstone Financial
Peapack-Gladstone Financial Corporation operates in the financial services industry, focusing on private banking and wealth management. The company offers a range of services including commercial banking, wealth management, and balance sheet management, with a strong market presence in the Metro New York area.
Average Trading Volume: 79,835
Technical Sentiment Signal: Buy
Current Market Cap: $528.4M
For an in-depth examination of PGC stock, go to TipRanks’ Overview page.