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 Ratio15.14
Forward P/E Ratio12.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$173.35 million
Price / Sales3.22
Cash Flow$2.2953 per share
Price / Cash12.80
Book Value$22.11 per share
Price / Book1.33
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$587.26 million
