Financial Snapshot

Revenue
$246.5M
TTM
Gross Margin
Net Earnings
$32.35M
TTM
Current Assets
Current Liabilities
$115.9M
Q3 2024
Current Ratio
Total Assets
$6.794B
Q3 2024
Total Liabilities
$6.186B
Q3 2024
Book Value
$607.6M
Q3 2024
Cash
Q3 2024
P/E
19.90
Dec 02, 2024 EST
Free Cash Flow
$40.88M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Revenue $229.7M $242.5M $210.3M $189.4M $175.0M $159.4M $145.8M $125.4M $108.2M $88.70M $73.37M $72.71M
YoY Change -5.29% 15.31% 11.06% 8.23% 9.8% 9.32% 16.29% 15.89% 21.94% 20.89% 0.91%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Revenue $229.7M $242.5M $210.3M $189.4M $175.0M $159.4M $145.8M $125.4M $108.2M $88.70M $73.37M $72.71M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $3.500M $3.200M $3.100M $3.100M $3.100M $3.275M $3.093M $3.921M $2.993M $3.536M $2.946M $2.870M $3.150M $2.430M $2.270M $2.250M $2.070M $1.990M $1.660M $1.450M $1.350M $1.200M $1.000M $1.080M $1.000M $690.0K $670.0K $480.0K
YoY Change 5.71% 9.38% 3.23% 0.0% 0.0% -5.34% 5.88% -21.12% 31.01% -15.36% 20.03% 2.65% -8.89% 29.63% 7.05% 0.89% 8.7% 4.02% 19.88% 14.48% 7.41% 12.5% 20.0% -7.41% 8.0% 44.93% 2.99% 39.58%
% of Gross Profit
Operating Expenses $59.54M $55.18M $48.33M
YoY Change 7.9% 14.18%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Interest Expense $147.9M $35.80M $22.01M $38.15M $60.40M $44.52M $27.59M $20.61M $14.69M $7.681M $4.277M $4.687M
YoY Change 313.24% 62.66% -42.31% -36.84% 35.65% 61.4% 33.83% 40.32% 91.25% 79.59% -8.75%
% of Operating Profit
Other Income/Expense, Net $25.09M $22.99M $22.82M $19.88M $19.71M $19.34M $17.30M $14.11M $17.08M $13.34M $13.02M $11.27M
YoY Change 9.13% 0.74% 14.8% 0.89% 1.88% 11.81% 22.65% -17.41% 28.07% 2.43% 15.55%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Pretax Income $67.28M $102.3M $77.66M $32.00M $66.12M $57.72M $54.31M $42.74M $32.14M $24.29M $14.76M $16.10M $14.00M $10.90M $10.20M -$34.60M $17.10M $13.70M $18.90M $19.20M $18.10M $17.70M $13.30M $11.70M $10.80M $9.600M $7.300M $5.300M $5.400M $5.300M $4.200M $4.100M $2.100M $2.300M $2.500M $2.700M
YoY Change -34.26% 31.78% 142.67% -51.6% 14.56% 6.28% 27.06% 32.98% 32.34% 64.51% -8.31% 15.01% 28.44% 6.86% -129.48% -302.34% 24.82% -27.51% -1.56% 6.08% 2.26% 33.08% 13.68% 8.33% 12.5% 31.51% 37.74% -1.85% 1.89% 26.19% 2.44% 95.24% -8.7% -8.0% -7.41% 50.0%
Income Tax $18.43M $28.10M $21.04M $5.811M $18.69M $13.55M $17.81M $16.26M $12.17M $9.396M $5.502M $6.405M $1.800M $3.200M $3.100M -$12.60M $5.200M $3.500M $5.800M $6.100M $5.800M $5.800M $4.400M $3.900M $3.600M $3.600M $2.800M $1.800M $1.500M $1.500M $1.100M $900.0K $300.0K $600.0K $600.0K $600.0K
% Of Pretax Income 27.39% 27.45% 27.09% 18.16% 28.26% 23.48% 32.8% 38.05% 37.86% 38.69% 37.27% 39.78% 12.86% 29.36% 30.39% 30.41% 25.55% 30.69% 31.77% 32.04% 32.77% 33.08% 33.33% 33.33% 37.5% 38.36% 33.96% 27.78% 28.3% 26.19% 21.95% 14.29% 26.09% 24.0% 22.22%
Net Earnings $48.85M $74.25M $56.62M $26.19M $47.43M $44.17M $36.50M $26.48M $19.97M $14.89M $9.261M $9.696M $12.20M $7.700M $7.100M -$22.10M $11.90M $10.20M $13.10M $13.10M $12.30M $11.90M $8.900M $7.700M $7.200M $6.000M $4.500M $3.600M $3.900M $3.900M $3.800M $3.200M $1.800M $1.700M $1.900M $2.000M
YoY Change -34.2% 31.13% 116.18% -44.78% 7.39% 21.02% 37.84% 32.57% 34.13% 60.78% -4.49% -20.52% 58.44% 8.45% -132.13% -285.71% 16.67% -22.14% 0.0% 6.5% 3.36% 33.71% 15.58% 6.94% 20.0% 33.33% 25.0% -7.69% 0.0% 2.63% 18.75% 77.78% 5.88% -10.53% -5.0% 42.86%
Net Earnings / Revenue 21.27% 30.62% 26.92% 13.83% 27.11% 27.72% 25.04% 21.12% 18.46% 16.79% 12.62% 13.34%
Basic Earnings Per Share $2.74 $4.09 $3.01 $1.39 $2.46 $2.33 $2.07 $1.62 $1.31 $1.23 $1.02 $1.05
Diluted Earnings Per Share $2.71 $3.999M $2.93 $1.37 $2.44 $2.31 $2.03 $1.60 $1.29 $1.22 $1.01 $1.05 $1.402M $875.0K $806.8K -$2.540M $1.352M $1.159M $1.489M $1.489M $1.398M $1.368M $1.035M $895.3K $827.6K $689.7K $584.4K $473.7K $513.2K $513.2K $500.0K $421.1K $236.8K $223.7K $250.0K $263.2K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $38.35M $39.66M $36.40M $35.40M $38.10M $27.40M $29.50M $30.40M $30.20M $32.30M $29.00M $30.00M $31.90M $33.80M $27.90M $26.90M $26.20M $24.10M $21.40M $20.20M $15.10M $14.40M $13.50M $11.70M $9.700M $9.200M $8.600M $8.600M $0.00 $0.00 $0.00 $7.000M $6.800M $5.300M $4.700M $3.800M
YoY Change -3.29% 8.94% 2.82% -7.09% 39.05% -7.12% -2.96% 0.66% -6.5% 11.38% -3.33% -5.96% -5.62% 21.15% 3.72% 2.67% 8.71% 12.62% 5.94% 33.77% 4.86% 6.67% 15.38% 20.62% 5.43% 6.98% 0.0% -100.0% 2.94% 28.3% 12.77% 23.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $505.0K $0.00 $600.0K $15.30M $15.60M $10.50M $9.800M $9.500M $26.70M $25.70M $23.50M $23.10M $6.400M
YoY Change -100.0% -96.08% -1.92% 48.57% 7.14% 3.16% -64.42% 3.89% 9.36% 1.73% 260.94%
Total Long-Term Assets
YoY Change
Total Assets $6.477B $6.354B $6.078B $5.890B $5.183B $4.618B $4.261B $3.879B $3.365B $2.702B $1.967B $1.668B $1.600B $1.505B $1.512B $1.385B $1.347B $1.288B $1.255B $1.067B $968.1M $859.8M $704.8M $567.0M $497.5M $402.8M $363.7M $327.4M $300.1M $278.5M $280.2M $257.5M $207.9M $157.5M $140.8M $129.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $78.54M $98.24M $87.60M $131.2M $77.50M $37.90M $28.50M $22.30M $18.90M $12.40M $10.70M $8.200M $6.600M $5.700M $6.700M $8.600M $14.50M $15.90M $5.000M $3.700M $7.300M $8.000M $5.800M $3.000M $2.900M $2.000M $1.600M $2.000M $2.200M $1.600M $1.500M $2.300M $2.700M $2.800M $2.600M $3.000M
YoY Change -20.05% 12.14% -33.23% 69.29% 104.49% 32.98% 27.8% 17.99% 52.42% 15.89% 30.49% 24.24% 15.79% -14.93% -22.09% -40.69% -8.81% 218.0% 35.14% -49.32% -8.75% 37.93% 93.33% 3.45% 45.0% 25.0% -20.0% -9.09% 37.5% 6.67% -34.78% -14.81% -3.57% 7.69% -13.33%
Deferred Revenue
YoY Change
Short-Term Debt $77.50M $3.000M
YoY Change
Long-Term Debt Due $1.456M $1.456M $1.400M $9.000M $9.200M $6.300M $0.00
YoY Change 0.0% 4.0% -2.17% 46.03%
Total Short-Term Liabilities $78.54M $98.24M $87.60M $131.2M $77.50M $37.90M $28.50M $22.30M $18.90M $12.40M $10.70M $17.20M $15.80M $12.00M $6.700M $8.600M $14.50M $15.90M $5.000M $3.700M $7.300M $8.000M $5.800M $3.000M $2.900M $2.000M $1.600M $2.000M $2.200M $1.600M $1.500M $2.300M $2.700M $2.800M $2.600M $3.000M
YoY Change -20.05% 12.14% -33.23% 69.29% 104.49% 32.98% 27.8% 17.99% 52.42% 15.89% -37.79% 8.86% 31.67% 79.1% -22.09% -40.69% -8.81% 218.0% 35.14% -49.32% -8.75% 37.93% 93.33% 3.45% 45.0% 25.0% -20.0% -9.09% 37.5% 6.67% -34.78% -14.81% -3.57% 7.69% -13.33%
Long-Term Debt $136.7M $137.7M $138.5M $365.6M $91.00M $91.60M $92.10M $58.50M $10.20M $10.70M $8.800M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -0.71% -0.59% -62.12% 301.76% -0.66% -0.54% 57.44% 473.53% -4.67% 21.59%
Other Long-Term Liabilities $0.00 $8.000M
YoY Change
Total Long-Term Liabilities $136.7M $137.7M $138.5M $365.6M $99.00M $91.60M $92.10M $58.50M $10.20M $10.70M $8.800M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -0.71% -0.59% -62.12% 269.29% 8.08% -0.54% 57.44% 473.53% -4.67% 21.59%
Total Liabilities $5.893B $5.821B $5.532B $5.363B $4.679B $4.149B $3.857B $3.554B $3.089B $2.460B $1.796B $1.546B $1.477B $1.388B $1.393B $1.302B $1.240B $1.185B $1.156B $972.7M $883.1M $782.7M $641.7M $511.9M $450.0M $364.8M $330.0M $297.2M $271.7M $255.0M $259.0M $239.5M $192.6M $143.4M $127.8M $117.3M
YoY Change 1.25% 5.22% 3.14% 14.62% 12.78% 7.57% 8.51% 15.07% 25.56% 36.95% 16.21% 4.63% 6.46% -0.37% 7.01% 5.0% 4.63% 2.46% 18.87% 10.15% 12.83% 21.97% 25.36% 13.76% 23.36% 10.55% 11.04% 9.39% 6.55% -1.54% 8.14% 24.35% 34.31% 12.21% 8.95%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Basic Shares Outstanding 17.85M 18.16M 18.79M 18.90M 19.27M 18.97M 17.66M 16.32M 15.19M shares 12.07M shares 9.094M shares 8.781M shares
Diluted Shares Outstanding 18.05M 18.57M 19.29M 19.08M 19.41M 19.15M 17.94M 16.51M 15.43M shares 12.17M shares 9.177M shares 8.828M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $643.8 Million

About PEAPACK GLADSTONE FINANCIAL CORP

Peapack-Gladstone Financial Corp. is a bank holding company, which engages in the provision of private banking services to businesses, non-profits, and consumers. The company is headquartered in Bedminster, New Jersey and currently employs 521 full-time employees. The company went IPO on 2000-11-01. The Company’s principal subsidiary is Peapack-Gladstone Bank (the Bank), which is a state-chartered commercial bank. Its segments include Banking and Peapack Private. The Banking segment includes commercial (includes corporate and industrial (C&I) and equipment financing), commercial real estate, multifamily, residential and consumer lending activities; treasury management services; C&I advisory services; escrow management; deposit generation; operation of ATMs; telephone and Internet banking services; merchant credit card services, and customer support sales. Its Peapack Private segment includes investment management services for individuals and institutions; personal trust services, including services as executor, trustee, administrator, custodian, and other financial planning and advisory services. This segment also includes the activity of the Delaware subsidiary, PGB Trust and Investments of Delaware.

Industry: Commercial Banks, NEC Peers: Atlantic Capital Bancshares, Inc. CAMDEN NATIONAL CORP CENTRAL PACIFIC FINANCIAL CORP CROSSFIRST BANKSHARES, INC. FIRST MID BANCSHARES, INC. FLUSHING FINANCIAL CORP HILLS BANCORPORATION HomeStreet, Inc. OLD SECOND BANCORP INC PNC FINANCIAL SERVICES GROUP, INC.