Peapack-Gladstone Financial (PGC) AI Stock Analysis

• Market Cap: $499.73M
• Dividend Yield: 0.7%
• Average Volume (3M): 90.84K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 1.14
• Revenue Growth: 7.60%
• EPS Growth: -31.74%
• Country: US
• Employees: 620
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 1.86
• Shares Outstanding: 17,596,195
• 10 Day Avg. Volume: 106,070
• 30 Day Avg. Volume: 90,840
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.29
• Price to Cash Flow (P/CF): 4.80
• P/FCF Ratio: 2.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $40.50
• Price Target Upside: 39.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Peapack-Gladstone Financial shows a mixed outlook. Financial performance highlights operational and liquidity challenges, while technical indicators suggest bearish momentum. However, the reasonable valuation and strong recent corporate performance provide optimism for future growth.

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 makes money through a variety of revenue streams, primarily driven by its banking and wealth management operations. The company earns interest income from its loan portfolio, which includes commercial, residential, and consumer loans. Additionally, PGC generates revenue from non-interest income sources such as fees for wealth management services, account maintenance, and transaction services. Wealth management fees are a significant contributor to the company's earnings, as they provide advisory and investment management services to high-net-worth individuals and institutions. The company also benefits from strategic partnerships and alliances that enhance its service offerings and market reach. Key factors contributing to its earnings include effective risk management, maintaining a diverse and high-quality loan portfolio, and expanding its wealth management client base.

Peapack-Gladstone Financial Financial Statement Overview

Summary

Peapack-Gladstone Financial presents mixed financial health. The income statement reveals operational hurdles, with declining revenue and fluctuating margins. The balance sheet shows increased liabilities posing financial risks, and cash flow challenges indicate potential liquidity issues.

Income Statement

The company demonstrated a fluctuating revenue trajectory, with a decline in the latest year. Gross profit margin has decreased significantly, and net profit margin has shown inconsistency. The negative EBIT and EBITDA margins in the latest year indicate operational challenges.

Balance Sheet

The company maintains a solid equity base, reflected in a healthy equity ratio. However, there is a significant drop in cash reserves and an increase in total liabilities, which raises concerns about leverage and financial risk.

Cash Flow

The operating cash flow has decreased significantly, and the free cash flow growth rate is negative, pointing to potential liquidity issues. The cash flow metrics suggest challenges in converting income to cash.

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

Peapack-Gladstone Financial Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 29.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Neutral. The current price of 29.06 is below the 20-day moving average (MA) of 29.18, below the 50-day MA of 31.42, and below the 200-day MA of 29.69, indicating a bearish trend. The MACD of -0.76 indicates Negative momentum. The RSI at 42.65 is Neutral, neither overbought nor oversold. The STOCH value of 25.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PGC.

Peapack-Gladstone Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUBI	75 Outperform	$1.58B	9.99	10.44%	―	-3.61%	-29.58%
FNB	74 Outperform	$4.84B	10.63	7.53%	3.57%	15.34%	-3.89%
CFR	69 Neutral	$8.05B	14.12	15.13%	3.01%	7.81%	-2.49%
PGC	64 Neutral	$499.73M	15.36	5.55%	0.70%	7.60%	-31.74%
WSFS	64 Neutral	$3.04B	11.75	10.41%	1.16%	10.71%	0.54%
Sector *	63 Neutral	$14.35B	9.94	8.94%	4.37%	16.34%	-11.76%
FULT	62 Neutral	$3.30B	11.51	9.69%	3.81%	21.10%	-4.20%

Peapack-Gladstone Financial Corporate Events

Peapack-Gladstone Financial Reports Strong 2024 Earnings Growth

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.