Peapack-Gladstone Financial (PGC) Financials

$26.09 +0.27 (+1.05%)

Closing price 04/17/2025 04:00 PM Eastern

Extended Trading

$26.08 -0.02 (-0.06%)

As of 04/17/2025 04:05 PM Eastern

Annual Income Statements for Peapack-Gladstone Financial

This table shows Peapack-Gladstone Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	74	49	33
Consolidated Net Income / (Loss)	74	49	33
Net Income / (Loss) Continuing Operations	74	49	33
Total Pre-Tax Income	102	67	45
Total Revenue	242	230	228
Net Interest Income / (Expense)	176	156	149
Total Interest Income	212	304	328
Loans and Leases Interest Income	195	278	291
Investment Securities Interest Income	14	20	23
Deposits and Money Market Investments Interest Income	2.76	6.08	14
Total Interest Expense	36	148	179
Deposits Interest Expense	29	123	168
Short-Term Borrowings Interest Expense	0.60	18	3.85
Long-Term Debt Interest Expense	5.45	6.65	6.64
Other Interest Expense	0.25	0.19	0.09
Total Non-Interest Income	66	74	79
Other Service Charges	66	70	75
Net Realized & Unrealized Capital Gains on Investments	-1.06	2.71	2.23
Other Non-Interest Income	1.24	1.27	1.56
Provision for Credit Losses	6.35	14	7.50
Total Non-Interest Expense	134	148	176
Salaries and Employee Benefits	89	101	122
Net Occupancy & Equipment Expense	19	20	22
Other Operating Expenses	26	28	31
Other Special Charges	0.00	0.00	0.00
Income Tax Expense	28	18	12
Basic Earnings per Share	$4.09	$2.74	$1.87
Weighted Average Basic Shares Outstanding	17.83M	17.75M	17.60M
Diluted Earnings per Share	$4.00	$2.71	$1.85
Weighted Average Diluted Shares Outstanding	17.83M	17.75M	17.60M
Weighted Average Basic & Diluted Shares Outstanding	17.83M	17.75M	17.60M

This table shows Peapack-Gladstone Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
Consolidated Net Income / (Loss)	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
Net Income / (Loss) Continuing Operations	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
Total Pre-Tax Income	28	30	25	18	13	12	12	9.56	11	12
Total Revenue	62	65	62	57	56	54	53	57	57	62
Net Interest Income / (Expense)	46	48	44	39	37	37	34	35	38	42
Total Interest Income	55	64	70	75	78	80	79	79	83	86
Loans and Leases Interest Income	51	59	64	68	72	73	73	72	73	73
Investment Securities Interest Income	2.87	3.87	4.48	4.91	5.18	5.20	5.14	5.17	6.11	6.99
Deposits and Money Market Investments Interest Income	1.16	1.26	1.54	1.45	1.46	1.62	1.52	2.42	3.98	5.72
Total Interest Expense	9.49	16	27	36	42	44	45	44	46	44
Deposits Interest Expense	8.04	14	24	29	34	37	40	42	44	43
Long-Term Debt Interest Expense	1.36	1.36	1.64	1.60	1.73	1.69	1.68	1.69	1.69	1.59
Other Interest Expense	0.06	0.06	0.05	0.05	0.05	0.04	0.04	0.02	0.02	0.01
Total Non-Interest Income	16	17	18	19	19	18	19	22	19	20
Other Service Charges	16	16	17	18	19	16	18	21	18	19
Net Realized & Unrealized Capital Gains on Investments	0.11	0.68	1.10	0.64	0.12	0.84	0.35	0.42	0.85	0.61
Other Non-Interest Income	0.30	0.32	0.30	0.31	0.31	0.36	0.50	0.33	0.39	0.34
Provision for Credit Losses	0.60	1.93	1.51	1.70	5.86	5.03	0.63	3.91	1.22	1.74
Total Non-Interest Expense	34	33	36	38	37	38	40	43	45	48
Salaries and Employee Benefits	23	22	25	26	25	24	28	30	31	33
Net Occupancy & Equipment Expense	4.53	4.90	4.37	4.73	5.21	5.42	5.08	5.78	5.63	6.00
Other Operating Expenses	6.37	6.03	6.61	6.61	6.94	7.88	6.48	7.47	7.97	8.95
Income Tax Expense	7.62	8.93	6.60	4.96	3.85	3.02	3.78	2.03	3.16	3.00
Basic Earnings per Share	$1.11	$1.15	$1.03	$0.73	$0.49	$0.49	$0.49	$0.42	$0.43	$0.53
Weighted Average Basic Shares Outstanding	18.07M	17.83M	17.84M	17.93M	17.86M	17.75M	17.71M	17.75M	17.62M	17.60M
Diluted Earnings per Share	$1.09	$1.12	$1.01	$0.73	$0.49	$0.48	$0.48	$0.42	$0.43	$0.52
Weighted Average Diluted Shares Outstanding	18.42M	17.83M	18.26M	18.08M	18.01M	17.75M	17.81M	17.79M	17.70M	17.60M
Weighted Average Basic & Diluted Shares Outstanding	17.92M	17.83M	18.02M	17.89M	17.82M	17.75M	17.77M	17.68M	17.59M	17.60M

This table details how cash moves in and out of Peapack-Gladstone Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	43	-2.40	204
Net Cash From Operating Activities	119	70	71
Net Cash From Continuing Operating Activities	119	70	71
Net Income / (Loss) Continuing Operations	74	49	33
Consolidated Net Income / (Loss)	74	49	33
Provision For Loan Losses	6.35	14	7.50
Depreciation Expense	3.48	3.69	3.54
Amortization Expense	4.52	2.18	1.62
Non-Cash Adjustments to Reconcile Net Income	26	3.81	-11
Changes in Operating Assets and Liabilities, net	3.81	-2.55	37
Net Cash From Investing Activities	-356	-147	-303
Net Cash From Continuing Investing Activities	-356	-147	-304
Purchase of Property, Leasehold Improvements and Equipment	-3.52	-3.28	-8.10
Purchase of Investment Securities	-953	-899	-1,024
Sale of Property, Leasehold Improvements and Equipment	0.28	-0.01	0.43
Sale and/or Maturity of Investments	600	755	727
Net Cash From Financing Activities	280	75	436
Net Cash From Continuing Financing Activities	280	75	436
Net Change in Deposits	-61	69	855
Issuance of Debt	0.00	0.00	0.00
Issuance of Preferred Equity	0.00	0.00	-4.34
Repayment of Debt	380	24	-404
Repurchase of Common Equity	-33	-12	-7.19
Payment of Dividends	-3.65	-3.56	-3.53
Other Financing Activities, Net	-1.74	-2.19	-0.02
Cash Interest Paid	33	141	171
Cash Income Taxes Paid	25	18	18

This table details how cash moves in and out of Peapack-Gladstone Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-45	82	61	-80	16	-0.20	7.17	121	177	-101
Net Cash From Operating Activities	35	13	39	5.03	25	1.32	19	0.85	25	26
Net Cash From Continuing Operating Activities	35	13	39	12	18	1.32	19	0.85	25	26
Net Income / (Loss) Continuing Operations	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
Consolidated Net Income / (Loss)	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
Provision For Loan Losses	0.60	1.93	1.51	1.70	5.86	5.03	0.63	3.91	1.22	1.74
Depreciation Expense	0.86	0.92	0.88	-	-	0.97	0.97	0.89	0.84	0.85
Amortization Expense	1.33	0.77	0.60	-	-	0.46	0.43	0.43	0.40	0.36
Non-Cash Adjustments to Reconcile Net Income	4.10	-3.27	1.73	18	-13	-3.15	-1.22	0.28	-4.12	-6.40
Changes in Operating Assets and Liabilities, net	8.38	-7.63	16	-19	11	-11	9.67	-12	19	21
Net Cash From Investing Activities	2.37	-179	-75	-75	-51	53	79	62	-124	-321
Net Cash From Continuing Investing Activities	2.37	-179	-75	-70	-56	53	79	62	-124	-322
Purchase of Property, Leasehold Improvements and Equipment	-1.65	-0.79	-0.64	-0.74	-0.92	-0.98	-1.11	-1.28	-1.68	-4.03
Purchase of Investment Securities	-103	-322	-261	-202	-300	-137	-115	-117	-309	-484
Sale of Property, Leasehold Improvements and Equipment	-	0.28	-0.01	-	-	-	-	-	0.13	0.29
Sale and/or Maturity of Investments	107	144	187	132	245	191	194	180	186	166
Net Cash From Financing Activities	-83	247	97	-9.91	43	-55	-91	58	276	193
Net Cash From Continuing Financing Activities	-83	247	97	-116	148	-55	-91	58	276	193
Net Change in Deposits	-105	-94	104	-110	61	15	203	179	279	194
Issuance of Preferred Equity	-	-	-	-	0.00	-0.07	-	-	-	-4.34
Payment of Dividends	-0.91	-0.90	-0.88	-0.89	-0.89	-0.89	-0.89	-0.89	-0.88	-0.87
Other Financing Activities, Net	0.23	0.12	-2.08	-0.59	0.23	0.25	-5.59	0.77	0.26	4.54
Cash Interest Paid	7.54	16	21	37	39	44	36	45	44	46
Cash Income Taxes Paid	10	8.69	0.20	3.12	6.35	8.81	1.25	-	13	3.92

This table presents Peapack-Gladstone Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	6,354	6,477	7,011
Cash and Due from Banks	5.94	5.89	8.49
Federal Funds Sold	0.00	0.00	0.00
Interest Bearing Deposits at Other Banks	184	182	383
Trading Account Securities	657	658	899
Loans and Leases, Net of Allowance	5,224	-66	-73
Allowance for Loan and Lease Losses	61	66	73
Loans Held for Sale	0.00	0.10	8.59
Premises and Equipment, Net	24	24	29
Goodwill	36	36	36
Intangible Assets	11	9.80	8.71
Other Assets	211	5,626	5,711
Total Liabilities & Shareholders' Equity	6,354	6,477	7,011
Total Liabilities	5,821	5,893	6,405
Non-Interest Bearing Deposits	1,246	958	1,113
Interest Bearing Deposits	3,959	4,316	5,016
Short-Term Debt	380	404	0.00
Long-Term Debt	133	133	134
Other Long-Term Liabilities	103	82	143
Total Equity & Noncontrolling Interests	533	584	606
Total Preferred & Common Equity	533	584	606
Preferred Stock	0.00	0.00	0.00
Total Common Equity	533	584	606
Common Stock	18	18	18
Retained Earnings	349	394	424
Treasury Stock	-98	-110	-118
Accumulated Other Comprehensive Income / (Loss)	-74	-65	-66
Other Equity Adjustments	339	347	348

This table presents Peapack-Gladstone Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	6,087	6,480	6,480	6,522	6,409	6,505	6,794
Cash and Due from Banks	5.07	6.51	4.86	7.40	5.77	5.59	8.13
Interest Bearing Deposits at Other Banks	103	245	167	180	189	310	485
Trading Account Securities	601	681	664	630	670	710	786
Loans and Leases, Net of Allowance	5,118	5,303	5,372	5,418	5,290	-68	-71
Allowance for Loan and Lease Losses	60	62	63	69	66	68	71
Loans Held for Sale	1.33	14	14	0.00	6.07	8.30	0.56
Premises and Equipment, Net	24	24	24	24	24	25	26
Goodwill	36	36	36	36	36	36	36
Intangible Assets	11	11	10	10	9.53	9.26	8.99
Other Assets	187	160	187	215	177	5,466	5,515
Total Liabilities & Shareholders' Equity	6,087	6,480	6,480	6,522	6,409	6,505	6,794
Total Liabilities	5,572	5,925	5,915	5,963	5,826	5,917	6,186
Non-Interest Bearing Deposits	1,318	1,097	1,024	947	915	950	1,080
Interest Bearing Deposits	3,981	4,212	4,174	4,312	4,562	4,706	4,856
Short-Term Debt	32	379	485	471	119	0.00	0.00
Long-Term Debt	133	133	133	133	133	133	133
Other Long-Term Liabilities	107	104	98	99	97	127	117
Total Equity & Noncontrolling Interests	516	555	565	559	582	588	608
Total Preferred & Common Equity	516	555	565	559	582	588	608
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	516	555	565	559	582	588	608
Common Stock	17	18	18	18	18	18	18
Retained Earnings	329	366	379	386	402	408	415
Treasury Stock	-93	-101	-105	-108	-113	-115	-118
Accumulated Other Comprehensive Income / (Loss)	-75	-67	-68	-82	-68	-68	-55
Other Equity Adjustments	337	339	342	345	343	345	347

This table displays calculated financial ratios and metrics derived from Peapack-Gladstone Financial's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	15.31%	-5.29%	-0.67%
EBITDA Growth	23.60%	-33.70%	-31.50%
EBIT Growth	31.78%	-34.26%	-33.19%
NOPAT Growth	31.13%	-34.20%	-32.48%
Net Income Growth	31.13%	-34.20%	-32.48%
EPS Growth	36.52%	-32.25%	-31.73%
Operating Cash Flow Growth	57.56%	-41.06%	1.46%
Free Cash Flow Firm Growth	-387.99%	90.96%	1,668.43%
Invested Capital Growth	53.96%	7.20%	-34.03%
Revenue Q/Q Growth	3.71%	-4.41%	3.43%
EBITDA Q/Q Growth	7.65%	-19.88%	0.79%
EBIT Q/Q Growth	9.39%	-21.00%	1.39%
NOPAT Q/Q Growth	8.35%	-19.69%	1.98%
Net Income Q/Q Growth	8.35%	-19.69%	1.98%
EPS Q/Q Growth	9.29%	-19.10%	2.21%
Operating Cash Flow Q/Q Growth	5.61%	-14.61%	54.70%
Free Cash Flow Firm Q/Q Growth	-361.18%	93.73%	-8.73%
Invested Capital Q/Q Growth	53.57%	-3.61%	-0.23%
Profitability Metrics	-	-	-
EBITDA Margin	45.50%	31.85%	21.96%
EBIT Margin	42.20%	29.30%	19.70%
Profit (Net Income) Margin	30.62%	21.27%	14.46%
Tax Burden Percent	72.55%	72.61%	73.38%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	27.45%	27.39%	26.62%
Return on Invested Capital (ROIC)	8.61%	4.51%	3.55%
ROIC Less NNEP Spread (ROIC-NNEP)	8.61%	4.51%	3.55%
Return on Net Nonoperating Assets (RNNOA)	5.15%	4.24%	2.00%
Return on Equity (ROE)	13.76%	8.75%	5.55%
Cash Return on Invested Capital (CROIC)	-33.88%	-2.44%	44.55%
Operating Return on Assets (OROA)	1.65%	1.05%	0.67%
Return on Assets (ROA)	1.19%	0.76%	0.49%
Return on Common Equity (ROCE)	13.76%	8.75%	5.55%
Return on Equity Simple (ROE_SIMPLE)	13.93%	8.37%	5.44%
Net Operating Profit after Tax (NOPAT)	74	49	33
NOPAT Margin	30.62%	21.27%	14.46%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	44.62%	52.36%	63.48%
Operating Expenses to Revenue	55.18%	64.57%	77.01%
Earnings before Interest and Taxes (EBIT)	102	67	45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	110	73	50
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.23	0.90	0.93
Price to Tangible Book Value (P/TBV)	1.35	0.98	1.00
Price to Revenue (P/Rev)	2.71	2.29	2.47
Price to Earnings (P/E)	8.84	10.78	17.06
Dividend Yield	0.55%	0.68%	0.63%
Earnings Yield	11.31%	9.28%	5.86%
Enterprise Value to Invested Capital (EV/IC)	0.94	0.78	0.41
Enterprise Value to Revenue (EV/Rev)	4.04	3.81	1.34
Enterprise Value to EBITDA (EV/EBITDA)	8.87	11.98	6.09
Enterprise Value to EBIT (EV/EBIT)	9.56	13.02	6.78
Enterprise Value to NOPAT (EV/NOPAT)	13.18	17.93	9.24
Enterprise Value to Operating Cash Flow (EV/OCF)	8.23	12.50	4.29
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.74
Leverage & Solvency	-	-	-
Debt to Equity	0.96	0.92	0.22
Long-Term Debt to Equity	0.25	0.23	0.22
Financial Leverage	0.60	0.94	0.56
Leverage Ratio	11.52	11.49	11.34
Compound Leverage Factor	11.52	11.49	11.34
Debt to Total Capital	49.02%	47.92%	18.06%
Short-Term Debt to Total Capital	36.30%	36.03%	0.00%
Long-Term Debt to Total Capital	12.72%	11.89%	18.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	50.98%	52.08%	81.94%
Debt to EBITDA	4.64	7.34	2.67
Net Debt to EBITDA	2.92	4.78	-5.15
Long-Term Debt to EBITDA	1.21	1.82	2.67
Debt to NOPAT	6.90	10.99	4.05
Net Debt to NOPAT	4.34	7.15	-7.82
Long-Term Debt to NOPAT	1.79	2.73	4.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-292	-26	414
Operating Cash Flow to CapEx	3,669.78%	2,135.93%	927.15%
Free Cash Flow to Firm to Interest Expense	-8.16	-0.18	2.32
Operating Cash Flow to Interest Expense	3.32	0.47	0.40
Operating Cash Flow Less CapEx to Interest Expense	3.23	0.45	0.35
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.04	0.03
Fixed Asset Turnover	10.35	9.57	8.60
Capital & Investment Metrics	-	-	-
Invested Capital	1,045	1,121	739
Invested Capital Turnover	0.28	0.21	0.25
Increase / (Decrease) in Invested Capital	366	75	-381
Enterprise Value (EV)	979	876	305
Market Capitalization	656	527	563
Book Value per Share	$29.74	$32.76	$34.45
Tangible Book Value per Share	$27.10	$30.17	$31.90
Total Capital	1,045	1,121	739
Total Debt	513	537	134
Total Long-Term Debt	133	133	134
Net Debt	322	349	-258
Capital Expenditures (CapEx)	3.24	3.28	7.67
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	513	537	134
Total Depreciation and Amortization (D&A)	8.00	5.87	5.16
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$4.09	$2.74	$1.87
Adjusted Weighted Average Basic Shares Outstanding	17.83M	17.75M	17.60M
Adjusted Diluted Earnings per Share	$4.00	$2.71	$1.85
Adjusted Weighted Average Diluted Shares Outstanding	17.83M	17.75M	17.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.83M	17.75M	17.60M
Normalized Net Operating Profit after Tax (NOPAT)	74	49	33
Normalized NOPAT Margin	30.62%	21.27%	14.46%
Pre Tax Income Margin	42.20%	29.30%	19.70%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	2.86	0.45	0.25
NOPAT to Interest Expense	2.07	0.33	0.18
EBIT Less CapEx to Interest Expense	2.77	0.43	0.21
NOPAT Less CapEx to Interest Expense	1.98	0.31	0.14
Payout Ratios	-	-	-
Dividend Payout Ratio	4.91%	7.28%	10.70%
Augmented Payout Ratio	48.98%	32.86%	32.49%

This table displays calculated financial ratios and metrics derived from Peapack-Gladstone Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.83%	15.44%	14.17%	-6.36%	-9.75%	-16.32%	-14.44%	-1.56%	1.34%	13.95%
EBITDA Growth	36.26%	33.55%	31.59%	-37.82%	-57.91%	-58.16%	-47.75%	-39.93%	-4.93%	3.00%
EBIT Growth	44.47%	42.41%	40.23%	-33.65%	-54.59%	-60.61%	-50.27%	-47.21%	-14.71%	5.29%
NOPAT Growth	42.02%	38.53%	36.56%	-34.60%	-56.50%	-58.21%	-52.98%	-42.72%	-13.34%	7.45%
Net Income Growth	42.02%	38.53%	36.56%	-34.60%	-56.50%	-58.21%	-52.98%	-42.72%	-13.34%	7.45%
EPS Growth	47.30%	43.59%	42.25%	-32.41%	-55.05%	-57.14%	-52.48%	-42.47%	-12.24%	8.33%
Operating Cash Flow Growth	143.65%	90.17%	26.13%	-87.20%	-30.09%	-90.11%	-51.00%	-83.05%	-0.22%	1,910.49%
Free Cash Flow Firm Growth	288.29%	-679.45%	-320.35%	-525.60%	-845.57%	80.72%	188.92%	190.74%	190.71%	685.84%
Invested Capital Growth	-5.99%	53.96%	37.07%	81.20%	70.79%	7.20%	-21.71%	-39.02%	-36.26%	-34.03%
Revenue Q/Q Growth	0.83%	4.76%	-4.34%	-7.32%	-2.83%	-2.87%	-2.19%	6.63%	0.04%	9.21%
EBITDA Q/Q Growth	2.78%	4.23%	-15.31%	-31.47%	-30.42%	3.60%	5.78%	-21.22%	10.13%	12.24%
EBIT Q/Q Growth	1.67%	6.35%	-15.45%	-27.42%	-30.42%	-7.75%	6.75%	-22.95%	12.41%	13.88%
NOPAT Q/Q Growth	0.13%	2.25%	-10.81%	-28.38%	-33.40%	-1.78%	0.37%	-12.76%	0.76%	21.79%
Net Income Q/Q Growth	0.13%	2.25%	-10.81%	-28.38%	-33.40%	-1.78%	0.37%	-12.76%	0.76%	21.79%
EPS Q/Q Growth	0.93%	2.75%	-9.82%	-27.72%	-32.88%	-2.04%	0.00%	-12.50%	2.38%	20.93%
Operating Cash Flow Q/Q Growth	-9.92%	-62.39%	192.99%	-87.11%	392.02%	-94.68%	1,352.05%	-95.54%	2,797.18%	7.19%
Free Cash Flow Firm Q/Q Growth	-47.78%	-644.90%	21.88%	-91.45%	8.52%	85.91%	460.32%	95.37%	-8.55%	-9.00%
Invested Capital Q/Q Growth	4.23%	53.57%	2.04%	10.94%	-1.76%	-3.61%	-25.48%	-13.59%	2.68%	-0.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	48.35%	48.11%	42.59%	31.49%	22.55%	24.05%	26.01%	19.22%	21.16%	21.74%
EBIT Margin	44.82%	45.50%	40.22%	31.49%	22.55%	21.42%	23.38%	16.89%	18.98%	19.79%
Profit (Net Income) Margin	32.51%	31.73%	29.59%	22.86%	15.67%	15.85%	16.26%	13.30%	13.40%	14.94%
Tax Burden Percent	72.53%	69.74%	73.57%	72.59%	69.48%	73.98%	69.56%	78.77%	70.60%	75.50%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	27.47%	30.26%	26.43%	27.41%	30.52%	26.02%	30.44%	21.23%	29.40%	24.50%
Return on Invested Capital (ROIC)	10.82%	8.92%	8.02%	6.13%	4.08%	3.36%	3.77%	3.07%	3.10%	3.67%
ROIC Less NNEP Spread (ROIC-NNEP)	10.82%	8.92%	8.02%	6.13%	4.08%	3.36%	3.77%	3.07%	3.10%	3.67%
Return on Net Nonoperating Assets (RNNOA)	3.54%	5.33%	5.71%	4.24%	2.92%	3.16%	2.54%	2.00%	1.96%	2.07%
Return on Equity (ROE)	14.36%	14.26%	13.73%	10.38%	7.01%	6.52%	6.31%	5.07%	5.07%	5.73%
Cash Return on Invested Capital (CROIC)	15.92%	-33.88%	-22.70%	-49.89%	-45.68%	-2.44%	28.47%	52.00%	47.69%	44.55%
Operating Return on Assets (OROA)	1.70%	1.78%	1.58%	1.23%	0.86%	0.77%	0.80%	0.57%	0.63%	0.67%
Return on Assets (ROA)	1.23%	1.24%	1.16%	0.89%	0.60%	0.57%	0.56%	0.45%	0.44%	0.51%
Return on Common Equity (ROCE)	14.36%	14.26%	13.73%	10.38%	7.01%	6.52%	6.31%	5.07%	5.07%	5.73%
Return on Equity Simple (ROE_SIMPLE)	13.29%	0.00%	14.26%	12.78%	10.88%	0.00%	6.72%	5.70%	5.32%	0.00%
Net Operating Profit after Tax (NOPAT)	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
NOPAT Margin	32.51%	31.73%	29.59%	22.86%	15.67%	15.85%	16.26%	13.30%	13.40%	14.94%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	43.92%	42.23%	46.68%	54.06%	54.55%	54.80%	63.22%	63.01%	64.79%	62.92%
Operating Expenses to Revenue	54.21%	51.52%	57.34%	65.56%	66.97%	69.32%	75.44%	76.20%	78.86%	77.40%
Earnings before Interest and Taxes (EBIT)	28	30	25	18	13	12	12	9.56	11	12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	30	31	26	18	13	13	14	11	12	13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.23	0.94	0.86	0.81	0.90	0.74	0.68	0.80	0.93
Price to Tangible Book Value (P/TBV)	1.29	1.35	1.03	0.93	0.89	0.98	0.80	0.74	0.86	1.00
Price to Revenue (P/Rev)	2.58	2.71	2.09	1.96	1.89	2.29	1.95	1.83	2.19	2.47
Price to Earnings (P/E)	8.81	8.84	6.59	6.69	7.47	10.78	10.99	11.98	14.96	17.06
Dividend Yield	0.60%	0.55%	0.68%	0.75%	0.79%	0.68%	0.83%	0.88%	0.73%	0.63%
Earnings Yield	11.36%	11.31%	15.17%	14.94%	13.38%	9.28%	9.10%	8.34%	6.68%	5.86%
Enterprise Value to Invested Capital (EV/IC)	0.97	0.94	0.73	0.79	0.75	0.78	0.58	0.30	0.17	0.41
Enterprise Value to Revenue (EV/Rev)	2.82	4.04	3.13	3.78	3.62	3.81	2.21	1.00	0.57	1.34
Enterprise Value to EBITDA (EV/EBITDA)	6.44	8.87	6.71	9.27	9.53	11.98	8.06	4.75	2.51	6.09
Enterprise Value to EBIT (EV/EBIT)	7.06	9.56	7.14	9.27	10.22	13.02	8.92	4.75	2.81	6.78
Enterprise Value to NOPAT (EV/NOPAT)	9.64	13.18	9.88	12.88	14.31	17.93	12.48	6.54	3.86	9.24
Enterprise Value to Operating Cash Flow (EV/OCF)	5.87	8.23	6.16	10.03	10.61	12.50	9.73	4.77	2.71	4.29
Enterprise Value to Free Cash Flow (EV/FCFF)	5.90	0.00	0.00	0.00	0.00	0.00	1.80	0.44	0.27	0.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.32	0.96	0.92	1.09	1.08	0.92	0.43	0.23	0.22	0.22
Long-Term Debt to Equity	0.26	0.25	0.24	0.24	0.24	0.23	0.23	0.23	0.22	0.22
Financial Leverage	0.33	0.60	0.71	0.69	0.72	0.94	0.67	0.65	0.63	0.56
Leverage Ratio	11.65	11.52	11.81	11.64	11.73	11.49	11.33	11.26	11.41	11.34
Compound Leverage Factor	11.65	11.52	11.81	11.64	11.73	11.49	11.33	11.26	11.41	11.34
Debt to Total Capital	24.28%	49.02%	47.98%	52.26%	51.93%	47.92%	30.27%	18.49%	18.01%	18.06%
Short-Term Debt to Total Capital	4.75%	36.30%	35.51%	41.01%	40.47%	36.03%	14.31%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	19.52%	12.72%	12.47%	11.25%	11.46%	11.89%	15.97%	18.49%	18.01%	18.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.72%	50.98%	52.02%	47.74%	48.07%	52.08%	69.73%	81.51%	81.99%	81.94%
Debt to EBITDA	1.61	4.64	4.39	6.17	6.61	7.34	4.18	2.89	2.69	2.67
Net Debt to EBITDA	0.56	2.92	2.23	4.45	4.56	4.78	0.96	-3.95	-7.22	-5.15
Long-Term Debt to EBITDA	1.30	1.21	1.14	1.33	1.46	1.82	2.20	2.89	2.69	2.67
Debt to NOPAT	2.41	6.90	6.47	8.57	9.93	10.99	6.46	3.98	4.13	4.05
Net Debt to NOPAT	0.83	4.34	3.29	6.19	6.84	7.15	1.48	-5.44	-11.10	-7.82
Long-Term Debt to NOPAT	1.94	1.79	1.68	1.84	2.19	2.73	3.41	3.98	4.13	4.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	63	-346	-270	-517	-473	-67	240	469	429	391
Operating Cash Flow to CapEx	2,149.94%	2,609.80%	6,008.78%	684.08%	2,691.95%	134.56%	1,726.20%	66.41%	1,591.49%	706.68%
Free Cash Flow to Firm to Interest Expense	6.69	-21.40	-10.19	-14.40	-11.27	-1.53	5.36	10.62	9.43	8.83
Operating Cash Flow to Interest Expense	3.73	0.82	1.47	0.14	0.59	0.03	0.43	0.02	0.54	0.60
Operating Cash Flow Less CapEx to Interest Expense	3.56	0.79	1.45	0.12	0.57	0.01	0.40	-0.01	0.51	0.51
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03
Fixed Asset Turnover	9.97	10.35	10.71	10.57	10.06	9.57	9.14	9.02	8.88	8.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	681	1,045	1,067	1,184	1,163	1,121	835	722	741	739
Invested Capital Turnover	0.33	0.28	0.27	0.27	0.26	0.21	0.23	0.23	0.23	0.25
Increase / (Decrease) in Invested Capital	-43	366	289	530	482	75	-232	-462	-422	-381
Enterprise Value (EV)	660	979	782	930	870	876	488	219	125	305
Market Capitalization	603	656	522	483	455	527	430	402	484	563
Book Value per Share	$28.34	$29.74	$31.13	$31.36	$31.25	$32.76	$32.81	$33.11	$34.37	$34.45
Tangible Book Value per Share	$25.72	$27.10	$28.50	$28.78	$28.66	$30.17	$30.23	$30.56	$31.81	$31.90
Total Capital	681	1,045	1,067	1,184	1,163	1,121	835	722	741	739
Total Debt	165	513	512	618	604	537	253	133	133	134
Total Long-Term Debt	133	133	133	133	133	133	133	133	133	134
Net Debt	57	322	261	447	416	349	58	-182	-359	-258
Capital Expenditures (CapEx)	1.65	0.51	0.65	0.74	0.92	0.98	1.11	1.28	1.55	3.74
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	165	513	512	618	604	537	253	133	133	134
Total Depreciation and Amortization (D&A)	2.19	1.69	1.47	0.00	0.00	1.43	1.40	1.32	1.23	1.21
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.11	$1.15	$1.03	$0.73	$0.49	$0.49	$0.49	$0.42	$0.43	$0.53
Adjusted Weighted Average Basic Shares Outstanding	18.07M	17.83M	17.84M	17.93M	17.86M	17.75M	17.71M	17.75M	17.62M	17.60M
Adjusted Diluted Earnings per Share	$1.09	$1.12	$1.01	$0.73	$0.49	$0.48	$0.48	$0.42	$0.43	$0.52
Adjusted Weighted Average Diluted Shares Outstanding	18.42M	17.83M	18.26M	18.08M	18.01M	17.75M	17.81M	17.79M	17.70M	17.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.92M	17.83M	18.02M	17.89M	17.82M	17.75M	17.77M	17.68M	17.59M	17.60M
Normalized Net Operating Profit after Tax (NOPAT)	20	21	18	13	8.76	8.60	8.63	7.53	7.59	9.24
Normalized NOPAT Margin	32.51%	31.73%	29.59%	22.86%	15.67%	15.85%	16.26%	13.30%	13.40%	14.94%
Pre Tax Income Margin	44.82%	45.50%	40.22%	31.49%	22.55%	21.42%	23.38%	16.89%	18.98%	19.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.92	1.83	0.94	0.50	0.30	0.27	0.28	0.22	0.24	0.28
NOPAT to Interest Expense	2.12	1.27	0.69	0.37	0.21	0.20	0.19	0.17	0.17	0.21
EBIT Less CapEx to Interest Expense	2.75	1.79	0.92	0.48	0.28	0.24	0.25	0.19	0.20	0.19
NOPAT Less CapEx to Interest Expense	1.95	1.24	0.67	0.35	0.19	0.18	0.17	0.14	0.13	0.12
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	5.37%	4.91%	4.56%	4.96%	5.86%	7.28%	9.10%	10.62%	10.97%	10.70%
Augmented Payout Ratio	58.99%	48.98%	35.38%	36.35%	31.45%	32.86%	39.94%	39.04%	39.72%	32.49%

Frequently Asked Questions About Peapack-Gladstone Financial's Financials

When does Peapack-Gladstone Financial's fiscal year end?

According to the most recent income statement we have on file, Peapack-Gladstone Financial's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Peapack-Gladstone Financial's net income changed over the last 2 years?

Peapack-Gladstone Financial's net income appears to be on a downward trend, with a most recent value of $32.99 million in 2024, falling from $74.25 million in 2022. The previous period was $48.85 million in 2023.

How has Peapack-Gladstone Financial revenue changed over the last 2 years?

Over the last 2 years, Peapack-Gladstone Financial's total revenue changed from $242.50 million in 2022 to $228.13 million in 2024, a change of -5.9%.

How much debt does Peapack-Gladstone Financial have?

Peapack-Gladstone Financial's total liabilities were at $6.41 billion at the end of 2024, a 8.7% increase from 2023, and a 10.0% increase since 2022.

How much cash does Peapack-Gladstone Financial have?

In the past 2 years, Peapack-Gladstone Financial's cash and equivalents has ranged from $5.89 million in 2023 to $8.49 million in 2024, and is currently $8.49 million as of their latest financial filing in 2024.

How has Peapack-Gladstone Financial's book value per share changed over the last 2 years?

Over the last 2 years, Peapack-Gladstone Financial's book value per share changed from 29.74 in 2022 to 34.45 in 2024, a change of 15.8%.

Related Companies

This page (NASDAQ:PGC) was last updated on 4/19/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Peapack-Gladstone Financial (PGC) Financials

Frequently Asked Questions About Peapack-Gladstone Financial's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Peapack-Gladstone Financial (PGC) Financials

Annual Income Statements for Peapack-Gladstone Financial

Quarterly Income Statements for Peapack-Gladstone Financial

Annual Cash Flow Statements for Peapack-Gladstone Financial

Quarterly Cash Flow Statements for Peapack-Gladstone Financial

Annual Balance Sheets for Peapack-Gladstone Financial

Quarterly Balance Sheets for Peapack-Gladstone Financial

Annual Metrics and Ratios for Peapack-Gladstone Financial

Quarterly Metrics and Ratios for Peapack-Gladstone Financial

Frequently Asked Questions About Peapack-Gladstone Financial's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools