Peapack-Gladstone Financial (PGC) AI Stock Analysis

• Market Cap: $520.24M
• Dividend Yield: 0.69%
• Average Volume (3M): 123.00K
• Price to Earnings (P/E): 15.3
• Beta (1Y): 0.85
• Revenue Growth: 9.16%
• EPS Growth: 6.95%
• Country: US
• Employees: 620
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.54
• Shares Outstanding: 17,558,020
• 10 Day Avg. Volume: 171,265
• 30 Day Avg. Volume: 123,000
• PEG Ratio: -0.54
• Price to Book (P/B): 0.93
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 8.99
• Enterprise Value/Market Cap: 1.22
• Enterprise Value/Revenue: 1.48
• Enterprise Value/Gross Profit: 2.60
• Enterprise Value/Ebitda: 12.13
• 1Y Price Target: $33.50
• Price Target Upside: 15.76% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $32.00 ▲(10.57% Upside)

Peapack-Gladstone Financial's strong financial performance, positive technical indicators, and significant corporate events contribute to a favorable stock score. While the valuation is reasonable, the low dividend yield may be a concern for some investors. The company's recent growth in net income and strategic expansion efforts further bolster its outlook.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial health.

Net Income Increase

A significant rise in net income reflects improved operational efficiency and profitability, enhancing shareholder value.

Balance Sheet Health

A strong balance sheet with low leverage reduces financial risk and provides flexibility for future growth investments.

Negative Factors

Profit Margin Pressure

Declining profit margins can impact overall profitability and may require strategic adjustments to maintain financial performance.

Return on Equity

Low return on equity suggests inefficiencies in generating returns for shareholders, potentially affecting investor confidence.

Free Cash Flow Decline

A decline in free cash flow conversion could signal challenges in cash management, impacting future investment capacity.

Peapack-Gladstone Financial Business Overview & Revenue Model

Company Description

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Peapack Private. 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) and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management services; C&I advisory services; escrow management; deposit generation; asset 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; and wealth management clients comprise individuals, families, foundations, endowments, trusts, and estates. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and wealth management branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines at 20 locations. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.

How the Company Makes Money

Peapack-Gladstone Financial generates revenue through various channels, primarily from interest income on loans and investments, as well as non-interest income from fees for services. Key revenue streams include interest from commercial and residential loans, mortgage origination fees, service charges on deposit accounts, and investment management fees. The bank also earns income from wealth management services, which may include advisory fees and commissions. Additionally, partnerships with financial advisors and other institutions can enhance revenue opportunities. Economic conditions, interest rates, and the demand for banking services play significant roles in influencing the company's earnings.

Peapack-Gladstone Financial Financial Statement Overview

Summary

Peapack-Gladstone Financial exhibits stable revenue growth and effective cost management, as seen in its income statement. The balance sheet reflects a strong equity position with reduced leverage, enhancing financial stability. Cash flow analysis shows improved free cash flow generation, though there are challenges in converting net income into operating cash flow. Overall, the company demonstrates a solid financial foundation with areas for improvement in profitability and cash conversion efficiency.

Income Statement

Peapack-Gladstone Financial shows a consistent revenue growth trend, with a TTM revenue growth rate of 2.48%. The gross profit margin is stable at 55.74%, indicating efficient cost management. However, the net profit margin has decreased to 7.70% in the TTM, reflecting potential challenges in maintaining profitability. EBIT and EBITDA margins have also slightly decreased, suggesting pressure on operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.23 in the TTM, indicating a reduction in leverage and a stronger equity position. Return on equity is at 5.25%, showing moderate profitability relative to equity. The equity ratio stands at 8.74%, suggesting a conservative capital structure with a focus on equity financing.

Cash Flow

Free cash flow has grown by 30.92% in the TTM, indicating improved cash generation capabilities. However, the operating cash flow to net income ratio is low at 0.92%, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is 74.13%, reflecting a healthy cash conversion from profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	430.74M	402.91M	373.75M	274.72M	228.78M	227.51M
Gross Profit	244.72M	216.61M	211.74M	232.57M	200.30M	152.54M
EBITDA	52.48M	49.58M	72.29M	107.39M	82.45M	36.42M
Net Income	34.41M	32.99M	48.85M	74.25M	56.62M	26.19M
Balance Sheet
Total Assets	7.44B	7.01B	6.48B	6.35B	6.08B	5.89B
Cash, Cash Equivalents and Short-Term Investments	412.26M	441.51M	738.29M	744.72M	943.56M	1.28B
Total Debt	141.35M	178.48M	553.39M	530.92M	148.63M	213.28M
Total Liabilities	6.80B	6.41B	5.89B	5.82B	5.53B	5.36B
Stockholders Equity	642.55M	605.85M	583.68M	532.98M	546.39M	527.12M
Cash Flow
Free Cash Flow	54.89M	63.01M	66.80M	115.38M	71.53M	33.65M
Operating Cash Flow	70.71M	71.10M	70.08M	118.90M	75.46M	36.72M
Investing Cash Flow	-798.82M	-303.43M	-147.48M	-356.07M	-753.80M	-214.00M
Financing Cash Flow	582.63M	436.02M	75.00M	280.44M	171.82M	622.41M

Peapack-Gladstone Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 28.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PGC, the sentiment is Positive. The current price of 28.94 is above the 20-day moving average (MA) of 28.38, above the 50-day MA of 27.06, and above the 200-day MA of 27.59, indicating a bullish trend. The MACD of 0.83 indicates Negative momentum. The RSI at 58.38 is Neutral, neither overbought nor oversold. The STOCH value of 65.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PGC.

Peapack-Gladstone Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UNTY	80 Outperform	$549.36M	10.36	17.46%	1.07%	11.38%	36.10%
PGC	76 Outperform	$520.24M	15.29	5.50%	0.69%	9.16%	6.95%
BHB	76 Outperform	$541.04M	13.97	7.37%	3.89%	4.26%	-16.52%
CBNK	76 Outperform	$479.77M	9.85	14.72%	1.52%	24.90%	28.06%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
PFIS	63 Neutral	$511.12M	9.66	10.83%	4.90%	39.98%	413.87%
FISI	61 Neutral	$644.78M	-13.22	-4.98%	3.88%	-28.00%	-174.60%

Peapack-Gladstone Financial Corporate Events

Peapack-Gladstone Financial Reports 21% Q3 Net Income Rise

Peapack-Gladstone Financial Corporation reported a 21% increase in net income for the third quarter of 2025, with earnings per share rising to $0.54. The company has seen significant growth in deposits and loans, driven by its expansion in Metro New York and the addition of new client relationships. The company’s net interest margin improved, and it addressed problem credits, reducing nonperforming assets by $31 million. The wealth management division also saw growth, with assets under management increasing by $1 billion.