Peapack-Gladstone Financial (PGC) AI Stock Analysis

• Market Cap: $514.16M
• Dividend Yield: 0.69%
• Average Volume (3M): 76.53K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 1.05
• Revenue Growth: 6.72%
• EPS Growth: -17.45%
• Country: US
• Employees: 620
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 17,735,945
• 10 Day Avg. Volume: 93,788
• 30 Day Avg. Volume: 76,530
• PEG Ratio: 0.25
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.86
• Enterprise Value/Market Cap: 1.98
• Enterprise Value/Revenue: 0.65
• Enterprise Value/Gross Profit: 5.27
• Enterprise Value/Ebitda: 5.15
• 1Y Price Target: $39.50
• Price Target Upside: 33.09% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 68 Neutral
• Price Target: $30.00 ▲(1.08%Upside)

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.

Peapack-Gladstone Financial Business Overview & Revenue Model

Company Description

Peapack-Gladstone Financial Corporation (PGC) is a bank holding company headquartered in Bedminster, New Jersey. It operates primarily through its subsidiary, Peapack-Gladstone Bank, providing private banking, commercial banking, and investment management services. The company focuses on serving individuals, families, businesses, non-profits, and municipalities, with a strong emphasis on wealth management, commercial lending, and deposit services.

How the Company Makes Money

Peapack-Gladstone Financial makes money through various revenue streams associated with its financial services. The primary sources of income include interest income from loans and mortgages extended to clients and businesses, as well as fees from wealth management and investment advisory services. The bank also earns money from service charges on deposit accounts, transaction fees, and fees related to treasury management services. Additionally, PGC benefits from its commercial banking services, which include lending and corporate finance solutions tailored to meet the needs of businesses. The company's earnings are further bolstered by strategic partnerships and collaborations that enhance its financial product offerings and expand its client base.

Peapack-Gladstone Financial Financial Statement Overview

Summary

Peapack-Gladstone Financial demonstrates a solid financial foundation with strengths in cash flow generation and a conservative balance sheet. Despite positive revenue growth, variability in profit margins and operational efficiency are areas for improvement. The company's prudent leverage and consistent cash flow generation provide stability and potential for future growth.

Income Statement

Peapack-Gladstone Financial shows a mixed performance in its income statement. The Gross Profit Margin has remained relatively stable, indicating efficient cost management. However, the Net Profit Margin is inconsistent, reflecting fluctuations in profitability over time. Despite this, the company has demonstrated positive revenue growth over recent periods, suggesting a strengthening market position. The EBIT and EBITDA margins reveal challenges in operational efficiency, with noticeable volatility in EBIT margins, impacting overall profitability.

Balance Sheet

The balance sheet indicates moderate stability. The Debt-to-Equity ratio is low, implying a conservative leverage approach, which is favorable for financial stability. However, the Return on Equity (ROE) has shown variability, which might concern investors seeking consistent returns. The Equity Ratio shows a healthy proportion of equity, underscoring a solid capital structure. Overall, while the company maintains a stable asset base, the fluctuations in ROE suggest potential challenges in generating consistent earnings from equity.

Cash Flow

Cash flow analysis reveals strong performance, with consistent Free Cash Flow generation, which supports ongoing operations and potential investments. The Operating Cash Flow to Net Income ratio is robust, indicating efficient conversion of income into cash. Despite a high level of investing cash outflows, primarily due to strategic investments, the company has managed to maintain positive Free Cash Flow. This highlights sound cash management practices, ensuring liquidity and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	411.13M	224.11M	215.53M	274.72M	203.37M	156.96M
Gross Profit	192.77M	216.61M	170.71M	200.78M	170.31M	153.10M
EBITDA	47.54M	49.58M	67.85M	102.55M	82.45M	36.42M
Net Income	31.95M	32.99M	48.85M	74.25M	56.62M	26.19M
Balance Sheet
Total Assets	7.12B	7.01B	6.48B	6.35B	6.08B	5.89B
Cash, Cash Equivalents and Short-Term Investments	839.91M	793.04M	738.29M	744.72M	943.56M	1.28B
Total Debt	143.14M	178.48M	553.39M	530.92M	148.63M	213.28M
Total Liabilities	6.50B	6.41B	5.89B	5.82B	5.53B	5.36B
Stockholders Equity	621.87M	605.85M	583.68M	532.98M	546.39M	527.12M
Cash Flow
Free Cash Flow	38.78M	63.01M	66.80M	115.38M	71.53M	33.65M
Operating Cash Flow	45.31M	71.10M	70.08M	118.90M	75.46M	36.72M
Investing Cash Flow	-655.51M	-303.43M	-147.48M	-356.07M	-753.80M	-214.00M
Financing Cash Flow	647.28M	436.02M	75.00M	280.44M	171.82M	622.41M

Peapack-Gladstone Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 29.68 is above the 20-day moving average (MA) of 27.72, above the 50-day MA of 27.90, and below the 200-day MA of 30.40, indicating a neutral trend. The MACD of 0.25 indicates Negative momentum. The RSI at 66.93 is Neutral, neither overbought nor oversold. The STOCH value of 89.50 is Negative, 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
CCNE	77 Outperform	$497.21M	10.17	8.83%	3.04%	8.67%	-1.65%
CBNK	74 Outperform	$567.16M	13.78	12.19%	1.17%	18.85%	6.74%
FMNB	74 Outperform	$535.44M	11.07	11.69%	4.78%	6.53%	-10.99%
PGC	68 Neutral	$514.16M	16.12	5.31%	0.69%	6.72%	-17.45%
Sector *	67 Neutral	¥713.20B	10.86	7.42%	3.37%	7.74%	16.12%
NPB	59 Neutral	$483.17M	―		―	―	―
FISI	58 Neutral	$531.70M	8.52	-5.18%	4.69%	-23.31%	-169.87%

Peapack-Gladstone Financial Corporate Events

Peapack-Gladstone Financial Approves 2025 Incentive Plan

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.

Peapack-Gladstone Financial Reports Strong Q1 2025 Growth

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.