Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
228.13M | 215.53M | 242.50M | 210.30M | 189.36M | Gross Profit |
105.80M | 170.71M | 200.78M | 170.31M | 153.10M | EBIT |
-69.87M | 93.41M | 138.14M | 77.66M | 32.00M | EBITDA |
0.00 | 0.00 | 36.36M | -6.09M | 36.42M | Net Income Common Stockholders |
32.99M | 48.85M | 74.25M | 56.62M | 26.19M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
793.04M | 187.67M | 744.72M | 943.56M | 1.28B | Total Assets |
7.01B | 6.48B | 6.35B | 6.08B | 5.89B | Total Debt |
44.92M | 553.39M | 530.92M | 148.63M | 390.37M | Net Debt |
36.42M | 365.72M | 340.84M | 1.83M | -262.85M | Total Liabilities |
6.41B | 5.89B | 5.82B | 187.95M | 5.36B | Stockholders Equity |
605.85M | 583.68M | 532.98M | 546.39M | 527.12M |
Cash Flow | Free Cash Flow | |||
8.27M | 66.80M | 115.38M | 71.53M | 33.65M | Operating Cash Flow |
8.27M | 70.08M | 118.90M | 75.46M | 36.72M | Investing Cash Flow |
-303.43M | -147.48M | -356.07M | -753.80M | -214.00M | Financing Cash Flow |
-10.72M | 75.00M | 280.44M | 171.82M | 622.41M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | $439.33M | 8.97 | 8.84% | 3.29% | 8.67% | ― | |
70 Outperform | $499.90M | 10.35 | 11.69% | 5.11% | 6.53% | -11.21% | |
66 Neutral | $469.05M | 13.31 | 10.15% | 1.34% | 14.04% | -16.49% | |
63 Neutral | $12.33B | 9.59 | 8.02% | 79.26% | 12.87% | -4.61% | |
61 Neutral | $478.79M | 14.72 | 5.31% | 0.74% | 6.72% | -17.45% | |
54 Neutral | $422.98M | ― | ― | ― | ― | ||
43 Neutral | $481.83M | 8.52 | -8.14% | 5.11% | -20.47% | -177.92% |
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.
In a recent announcement, Peapack-Gladstone Financial Corporation reported its highest quarterly earnings for 2024 and continued positive trends in its financial performance. The company’s strategic expansion into the New York City market has exceeded expectations, adding 550 new relationships with nearly $948 million in deposits. The company has also seen significant growth in core relationship deposits and net interest income, contributing to improved liquidity and profitability. These developments are supported by a strong pipeline and robust asset quality, as Peapack-Gladstone positions itself for further growth and operational leverage in 2025.