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 Private Wealth Management. 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 and commercial mortgage, home equity lines of credit, and other second mortgage loans, as well as construction loans. In addition, it offers asset management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; corporate trust services comprising services as trustee for pension and profit sharing plans; and other financial planning and advisory services. Further, the company operates automated teller machines at 20 locations; and 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. Peapack-Gladstone Financial Corporation was founded in 1921 and is based in Bedminster, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Commercial banks, not elsewhere classified
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PGC
Previous Symbol
CUSIP70469910
Phone908-234-0700
Debt
Debt-to-Equity Ratio0.37
Current Ratio1.04
Quick Ratio1.04
Price-To-Earnings
Trailing P/E Ratio14.25
Forward P/E Ratio11.66
P/E GrowthN/A
Sales & Book Value
Annual Sales$173.35 million
Price / Sales3.07
Cash Flow$2.3356 per share
Price / Cash11.83
Book Value$23.62 per share
Price / Book1.17
Profitability
EPS (Most Recent Fiscal Year)$1.94
Net Income$36.49 million
Net Margins22.25%
Return on Equity9.83%
Return on Assets0.98%
Miscellaneous
Employees384
Outstanding Shares19,240,000
Market Cap$549.27 million
OptionableOptionable
Peapack-Gladstone Financial (NASDAQ:PGC) Frequently Asked Questions
What is Peapack-Gladstone Financial's stock symbol?
Peapack-Gladstone Financial trades on the NASDAQ under the ticker symbol "PGC."
How often does Peapack-Gladstone Financial pay dividends? What is the dividend yield for Peapack-Gladstone Financial?
Peapack-Gladstone Financial announced a quarterly dividend on Monday, October 29th. Investors of record on Thursday, November 8th will be given a dividend of $0.05 per share on Friday, November 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Wednesday, November 7th. View Peapack-Gladstone Financial's Dividend History.
How were Peapack-Gladstone Financial's earnings last quarter?
Peapack-Gladstone Financial Co. (NASDAQ:PGC) issued its quarterly earnings data on Friday, October, 26th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.03. The financial services provider earned $39.13 million during the quarter, compared to analyst estimates of $42.08 million. Peapack-Gladstone Financial had a net margin of 22.25% and a return on equity of 9.83%. View Peapack-Gladstone Financial's Earnings History.
When is Peapack-Gladstone Financial's next earnings date?
What price target have analysts set for PGC?
3 Wall Street analysts have issued 12 month price objectives for Peapack-Gladstone Financial's stock. Their predictions range from $36.00 to $39.00. On average, they anticipate Peapack-Gladstone Financial's stock price to reach $37.50 in the next year. This suggests a possible upside of 35.7% from the stock's current price. View Analyst Price Targets for Peapack-Gladstone Financial.
What is the consensus analysts' recommendation for Peapack-Gladstone Financial?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Peapack-Gladstone Financial in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Peapack-Gladstone Financial.
Has Peapack-Gladstone Financial been receiving favorable news coverage?
Media coverage about PGC stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Peapack-Gladstone Financial earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Peapack-Gladstone Financial's key competitors?
Some companies that are related to Peapack-Gladstone Financial include Bank of N.T. Butterfield & Son (NTB), Banco Latinoamericano de Comerci Extr (BLX), Opus Bank (OPB), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Bco Com Portugues (BPCGY), Esquire Financial (ESQ), Mainstreet Bank Common Stock (Virginia) (MNSB), Avidbank (AVBH), Idaho Independent Bank (IIBK), ST BK CORP/SH SH (SBAZ), Summit State Bank (SSBI), MFC Bancorp (MFCB), FRIENDLY HILLS/SH SH (FHLB) and AMERICAS Utd Bk/SH (AUNB).
Who are Peapack-Gladstone Financial's key executives?
Peapack-Gladstone Financial's management team includes the folowing people:
- Mr. Douglas L. Kennedy, Pres, CEO & Director (Age 61)
- Mr. Jeffrey J. Carfora, Sr. EVP & CFO (Age 59)
- Mr. Robert A. Plante, Exec. VP & COO (Age 58)
- Mr. John P. Babcock, Sr. EVP & Pres of Peapack Private Wealth Mgmt (Age 60)
- Ms. Lisa P. Chalkan, Chief Credit Officer & Exec. VP (Age 53)
Who are Peapack-Gladstone Financial's major shareholders?
Peapack-Gladstone Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.31%), Banc Funds Co. LLC (5.86%), Dimensional Fund Advisors LP (5.42%), Russell Investments Group Ltd. (2.52%), Royce & Associates LP (2.33%) and Renaissance Technologies LLC (1.66%). Company insiders that own Peapack-Gladstone Financial stock include Anthony V Bilotta Jr, Douglas L Kennedy, Edward A Gramigna Jr, James R Lamb, Jeffrey J Carfora, Philip W Smith III, Steven A Kass and Vincent A Spero. View Institutional Ownership Trends for Peapack-Gladstone Financial.
Which major investors are selling Peapack-Gladstone Financial stock?
PGC stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, ClariVest Asset Management LLC, Banc Funds Co. LLC, Nordea Investment Management AB, Martingale Asset Management L P, Royce & Associates LP, JPMorgan Chase & Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for Peapack-Gladstone Financial.
Which major investors are buying Peapack-Gladstone Financial stock?
PGC stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Citadel Advisors LLC, BlackRock Inc., TIAA CREF Investment Management LLC, Bank of Montreal Can and Prudential Financial Inc.. Company insiders that have bought Peapack-Gladstone Financial stock in the last two years include Douglas L Kennedy, Edward A Gramigna Jr, Jeffrey J Carfora and Steven A Kass. View Insider Buying and Selling for Peapack-Gladstone Financial.
How do I buy shares of Peapack-Gladstone Financial?
Shares of PGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Peapack-Gladstone Financial's stock price today?
One share of PGC stock can currently be purchased for approximately $27.63.
How big of a company is Peapack-Gladstone Financial?
Peapack-Gladstone Financial has a market capitalization of $549.27 million and generates $173.35 million in revenue each year. The financial services provider earns $36.49 million in net income (profit) each year or $1.94 on an earnings per share basis. Peapack-Gladstone Financial employs 384 workers across the globe.
What is Peapack-Gladstone Financial's official website?
How can I contact Peapack-Gladstone Financial?
Peapack-Gladstone Financial's mailing address is 500 Hills Drive Suite 300, Bedminster NJ, 07921. The financial services provider can be reached via phone at 908-234-0700 or via email at [email protected]
MarketBeat Community Rating for Peapack-Gladstone Financial (NASDAQ PGC)
MarketBeat's community ratings are surveys of what our community members think about Peapack-Gladstone Financial and other stocks. Vote "Outperform" if you believe PGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
