Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 402.91M | 373.75M | 274.72M | 228.78M | 227.51M |
Gross Profit | 216.61M | 211.74M | 232.57M | 200.30M | 153.10M |
EBITDA | 49.58M | 72.29M | 107.39M | 82.45M | 36.42M |
Net Income | 32.99M | 48.85M | 74.25M | 56.62M | 26.19M |
Balance Sheet | |||||
Total Assets | 7.01B | 6.48B | 6.35B | 6.08B | 5.89B |
Cash, Cash Equivalents and Short-Term Investments | 441.51M | 738.29M | 744.72M | 943.56M | 1.28B |
Total Debt | 178.48M | 553.39M | 530.92M | 148.63M | 213.28M |
Total Liabilities | 6.41B | 5.89B | 5.82B | 5.53B | 5.36B |
Stockholders Equity | 605.85M | 583.68M | 532.98M | 546.39M | 527.12M |
Cash Flow | |||||
Free Cash Flow | 63.01M | 66.80M | 115.38M | 71.53M | 33.65M |
Operating Cash Flow | 71.10M | 70.08M | 118.90M | 75.46M | 36.72M |
Investing Cash Flow | -303.43M | -147.48M | -356.07M | -753.80M | -214.00M |
Financing Cash Flow | 436.02M | 75.00M | 280.44M | 171.82M | 622.41M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $511.90M | 10.17 | 9.29% | 2.95% | 7.40% | ― | |
74 Outperform | $586.54M | 14.25 | 12.19% | 1.13% | 18.85% | 6.74% | |
72 Outperform | $504.01M | 10.19 | 12.08% | 5.08% | 6.15% | -1.38% | |
70 Outperform | $514.78M | ― | 0.33% | ― | ― | ||
69 Neutral | $459.01M | 14.46 | 5.31% | 0.77% | 7.35% | -2.65% | |
68 Neutral | $17.10B | 11.44 | 9.70% | 3.58% | 11.11% | -4.78% | |
58 Neutral | $546.58M | 8.52 | -5.18% | 4.64% | -23.31% | -169.87% |
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.
On April 29, 2025, Peapack-Gladstone Financial Corporation held its Annual Meeting of Shareholders, where the 2025 Long-Term Incentive Plan was approved, and fourteen directors were elected for one-year terms. The company reported strong financial performance in 2024, with notable growth in core relationship deposits and net interest income, despite a challenging interest rate environment. The expansion into the metro New York area has exceeded expectations, contributing to a robust liquidity profile and positioning the company for future growth.