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
SymbolNASDAQ:PGC
CUSIP70469910
Phone908-234-0700
Debt
Debt-to-Equity Ratio0.31
Current Ratio1.03
Quick Ratio1.03
Price-To-Earnings
Trailing P/E Ratio16.18
Forward P/E Ratio12.92
P/E GrowthN/A
Sales & Book Value
Annual Sales$173.35 million
Price / Sales3.43
Cash Flow$2.3311 per share
Price / Cash13.41
Book Value$22.11 per share
Price / Book1.41
Profitability
EPS (Most Recent Fiscal Year)$1.94
Net Income$36.49 million
Net Margins22.54%
Return on Equity10.15%
Return on Assets0.98%
Miscellaneous
Employees384
Outstanding Shares19,010,000
Market Cap$615.01 million
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 declared a quarterly dividend on Friday, July 27th. Stockholders of record on Thursday, August 9th will be paid a dividend of $0.05 per share on Thursday, August 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Wednesday, August 8th. 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, July, 27th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.02. The financial services provider had revenue of $40.98 million for the quarter, compared to analysts' expectations of $40.89 million. Peapack-Gladstone Financial had a return on equity of 10.15% and a net margin of 22.54%. 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 equities research analysts have issued 1-year target prices for Peapack-Gladstone Financial's shares. Their predictions range from $38.50 to $39.00. On average, they expect Peapack-Gladstone Financial's share price to reach $38.75 in the next year. This suggests a possible upside of 24.0% 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.
Who are some of Peapack-Gladstone Financial's key competitors?
Some companies that are related to Peapack-Gladstone Financial include Opus Bank (OPB), Banco Latinoamericano de Comerci Extr (BLX), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Bco Com Portugues (BPCGY), Esquire Financial (ESQ), Avidbank (AVBH), Mainstreet Bank Common Stock (Virginia) (MNSB), Idaho Independent Bank (IIBK), Summit State Bank (SSBI), St Bk Corp/SH SH (SBAZ), MFC Bancorp (MFCB), AMERICAS Utd Bk/SH (AUNB) and FRIENDLY HILLS/SH SH (FHLB).
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. (6.24%), Dimensional Fund Advisors LP (5.07%), Peapack Gladstone Financial Corp (3.57%), Boston Partners (2.60%), Royce & Associates LP (2.47%) and Renaissance Technologies LLC (1.52%). Company insiders that own Peapack-Gladstone Financial stock include Anthony V Bilotta Jr, Edward A Gramigna Jr, James R Lamb, Philip W Smith III and Vincent A Spero. View Institutional Ownership Trends for Peapack-Gladstone Financial.
Which institutional investors are selling Peapack-Gladstone Financial stock?
PGC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Royce & Associates LP, Martingale Asset Management L P, Renaissance Technologies LLC, Mackay Shields LLC, ClariVest Asset Management LLC, Bessemer Group Inc. and Bank of America Corp DE. View Insider Buying and Selling for Peapack-Gladstone Financial.
Which institutional investors are buying Peapack-Gladstone Financial stock?
PGC stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Federated Investors Inc. PA, Boston Partners, Russell Investments Group Ltd., WBI Investments Inc., Schwab Charles Investment Management Inc. and United Services Automobile Association. 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 $31.26.
How big of a company is Peapack-Gladstone Financial?
Peapack-Gladstone Financial has a market capitalization of $615.01 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.
