Peapack-Gladstone Financial (PGC) Financials

$26.87 -0.21 (-0.78%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$26.88 +0.01 (+0.04%)

As of 05/23/2025 04:04 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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	33	49	74
Consolidated Net Income / (Loss)	33	49	74
Net Income / (Loss) Continuing Operations	33	49	74
Total Pre-Tax Income	45	67	102
Total Revenue	228	230	242
Net Interest Income / (Expense)	149	156	176
Total Interest Income	328	304	212
Loans and Leases Interest Income	291	278	195
Investment Securities Interest Income	23	20	14
Deposits and Money Market Investments Interest Income	14	6.08	2.76
Total Interest Expense	179	148	36
Deposits Interest Expense	168	123	29
Short-Term Borrowings Interest Expense	3.85	18	0.60
Long-Term Debt Interest Expense	6.64	6.65	5.45
Other Interest Expense	0.09	0.19	0.25
Total Non-Interest Income	79	74	66
Other Service Charges	75	70	66
Net Realized & Unrealized Capital Gains on Investments	2.23	2.71	-1.06
Other Non-Interest Income	1.56	1.27	1.24
Provision for Credit Losses	7.50	14	6.35
Total Non-Interest Expense	176	148	134
Salaries and Employee Benefits	122	101	89
Net Occupancy & Equipment Expense	22	20	19
Other Operating Expenses	31	28	26
Other Special Charges	0.00	0.00	0.00
Income Tax Expense	12	18	28
Basic Earnings per Share	$1.87	$2.74	$4.09
Weighted Average Basic Shares Outstanding	17.60M	17.75M	17.83M
Diluted Earnings per Share	$1.85	$2.71	$4.00
Weighted Average Diluted Shares Outstanding	17.60M	17.75M	17.83M
Weighted Average Basic & Diluted Shares Outstanding	17.60M	17.75M	17.83M

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
Consolidated Net Income / (Loss)	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
Net Income / (Loss) Continuing Operations	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
Total Pre-Tax Income	12	11	9.56	12	12	13	18	25	30	28
Total Revenue	62	57	57	53	54	56	57	62	65	62
Net Interest Income / (Expense)	42	38	35	34	37	37	39	44	48	46
Total Interest Income	86	83	79	79	80	78	75	70	64	55
Loans and Leases Interest Income	73	73	72	73	73	72	68	64	59	51
Investment Securities Interest Income	6.99	6.11	5.17	5.14	5.20	5.18	4.91	4.48	3.87	2.87
Deposits and Money Market Investments Interest Income	5.72	3.98	2.42	1.52	1.62	1.46	1.45	1.54	1.26	1.16
Total Interest Expense	44	46	44	45	44	42	36	27	16	9.49
Deposits Interest Expense	43	44	42	40	37	34	29	24	14	8.04
Long-Term Debt Interest Expense	1.59	1.69	1.69	1.68	1.69	1.73	1.60	1.64	1.36	1.36
Other Interest Expense	0.01	0.02	0.02	0.04	0.04	0.05	0.05	0.05	0.06	0.06
Total Non-Interest Income	20	19	22	19	18	19	19	18	17	16
Other Service Charges	19	18	21	18	16	19	18	17	16	16
Net Realized & Unrealized Capital Gains on Investments	0.61	0.85	0.42	0.35	0.84	0.12	0.64	1.10	0.68	0.11
Other Non-Interest Income	0.34	0.39	0.33	0.50	0.36	0.31	0.31	0.30	0.32	0.30
Provision for Credit Losses	1.74	1.22	3.91	0.63	5.03	5.86	1.70	1.51	1.93	0.60
Total Non-Interest Expense	48	45	43	40	38	37	38	36	33	34
Salaries and Employee Benefits	33	31	30	28	24	25	26	25	22	23
Net Occupancy & Equipment Expense	6.00	5.63	5.78	5.08	5.42	5.21	4.73	4.37	4.90	4.53
Other Operating Expenses	8.95	7.97	7.47	6.48	7.88	6.94	6.61	6.61	6.03	6.37
Income Tax Expense	3.00	3.16	2.03	3.78	3.02	3.85	4.96	6.60	8.93	7.62
Basic Earnings per Share	$0.53	$0.43	$0.42	$0.49	$0.49	$0.49	$0.73	$1.03	$1.15	$1.11
Weighted Average Basic Shares Outstanding	17.60M	17.62M	17.75M	17.71M	17.75M	17.86M	17.93M	17.84M	17.83M	18.07M
Diluted Earnings per Share	$0.52	$0.43	$0.42	$0.48	$0.48	$0.49	$0.73	$1.01	$1.12	$1.09
Weighted Average Diluted Shares Outstanding	17.60M	17.70M	17.79M	17.81M	17.75M	18.01M	18.08M	18.26M	17.83M	18.42M
Weighted Average Basic & Diluted Shares Outstanding	17.60M	17.59M	17.68M	17.77M	17.75M	17.82M	17.89M	18.02M	17.83M	17.92M

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	204	-2.40	43
Net Cash From Operating Activities	71	70	119
Net Cash From Continuing Operating Activities	71	70	119
Net Income / (Loss) Continuing Operations	33	49	74
Consolidated Net Income / (Loss)	33	49	74
Provision For Loan Losses	7.50	14	6.35
Depreciation Expense	3.54	3.69	3.48
Amortization Expense	1.62	2.18	4.52
Non-Cash Adjustments to Reconcile Net Income	-11	3.81	26
Changes in Operating Assets and Liabilities, net	37	-2.55	3.81
Net Cash From Investing Activities	-303	-147	-356
Net Cash From Continuing Investing Activities	-304	-147	-356
Purchase of Property, Leasehold Improvements and Equipment	-8.10	-3.28	-3.52
Purchase of Investment Securities	-1,024	-899	-953
Sale of Property, Leasehold Improvements and Equipment	0.43	-0.01	0.28
Sale and/or Maturity of Investments	727	755	600
Net Cash From Financing Activities	436	75	280
Net Cash From Continuing Financing Activities	436	75	280
Net Change in Deposits	855	69	-61
Issuance of Debt	0.00	0.00	0.00
Issuance of Preferred Equity	-4.34	0.00	0.00
Repayment of Debt	-404	24	380
Repurchase of Common Equity	-7.19	-12	-33
Payment of Dividends	-3.53	-3.56	-3.65
Other Financing Activities, Net	-0.02	-2.19	-1.74
Cash Interest Paid	171	141	33
Cash Income Taxes Paid	18	18	25

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-101	177	121	7.17	-0.20	16	-80	61	82	-45
Net Cash From Operating Activities	26	25	0.85	19	1.32	25	5.03	39	13	35
Net Cash From Continuing Operating Activities	26	25	0.85	19	1.32	18	12	39	13	35
Net Income / (Loss) Continuing Operations	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
Consolidated Net Income / (Loss)	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
Provision For Loan Losses	1.74	1.22	3.91	0.63	5.03	5.86	1.70	1.51	1.93	0.60
Depreciation Expense	0.85	0.84	0.89	0.97	0.97	-	-	0.88	0.92	0.86
Amortization Expense	0.36	0.40	0.43	0.43	0.46	-	-	0.60	0.77	1.33
Non-Cash Adjustments to Reconcile Net Income	-6.40	-4.12	0.28	-1.22	-3.15	-13	18	1.73	-3.27	4.10
Changes in Operating Assets and Liabilities, net	21	19	-12	9.67	-11	11	-19	16	-7.63	8.38
Net Cash From Investing Activities	-321	-124	62	79	53	-51	-75	-75	-179	2.37
Net Cash From Continuing Investing Activities	-322	-124	62	79	53	-56	-70	-75	-179	2.37
Purchase of Property, Leasehold Improvements and Equipment	-4.03	-1.68	-1.28	-1.11	-0.98	-0.92	-0.74	-0.64	-0.79	-1.65
Purchase of Investment Securities	-484	-309	-117	-115	-137	-300	-202	-261	-322	-103
Sale of Property, Leasehold Improvements and Equipment	0.29	0.13	-	-	-	-	-	-0.01	0.28	-
Sale and/or Maturity of Investments	166	186	180	194	191	245	132	187	144	107
Net Cash From Financing Activities	193	276	58	-91	-55	43	-9.91	97	247	-83
Net Cash From Continuing Financing Activities	193	276	58	-91	-55	148	-116	97	247	-83
Net Change in Deposits	194	279	179	203	15	61	-110	104	-94	-105
Issuance of Preferred Equity	-4.34	-	-	-	-0.07	0.00	-	-	-	-
Payment of Dividends	-0.87	-0.88	-0.89	-0.89	-0.89	-0.89	-0.89	-0.88	-0.90	-0.91
Other Financing Activities, Net	4.54	0.26	0.77	-5.59	0.25	0.23	-0.59	-2.08	0.12	0.23
Cash Interest Paid	46	44	45	36	44	39	37	21	16	7.54
Cash Income Taxes Paid	3.92	13	-	1.25	8.81	6.35	3.12	0.20	8.69	10

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	7,011	6,477	6,354
Cash and Due from Banks	8.49	5.89	5.94
Federal Funds Sold	0.00	0.00	0.00
Interest Bearing Deposits at Other Banks	383	182	184
Trading Account Securities	899	658	657
Loans and Leases, Net of Allowance	-73	-66	5,224
Allowance for Loan and Lease Losses	73	66	61
Loans Held for Sale	8.59	0.10	0.00
Premises and Equipment, Net	29	24	24
Goodwill	36	36	36
Intangible Assets	8.71	9.80	11
Other Assets	5,711	5,626	211
Total Liabilities & Shareholders' Equity	7,011	6,477	6,354
Total Liabilities	6,405	5,893	5,821
Non-Interest Bearing Deposits	1,113	958	1,246
Interest Bearing Deposits	5,016	4,316	3,959
Short-Term Debt	0.00	404	380
Long-Term Debt	134	133	133
Other Long-Term Liabilities	143	82	103
Total Equity & Noncontrolling Interests	606	584	533
Total Preferred & Common Equity	606	584	533
Preferred Stock	0.00	0.00	0.00
Total Common Equity	606	584	533
Common Stock	18	18	18
Retained Earnings	424	394	349
Treasury Stock	-118	-110	-98
Accumulated Other Comprehensive Income / (Loss)	-66	-65	-74
Other Equity Adjustments	348	347	339

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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	6,794	6,505	6,409	6,522	6,480	6,480	6,087
Cash and Due from Banks	8.13	5.59	5.77	7.40	4.86	6.51	5.07
Interest Bearing Deposits at Other Banks	485	310	189	180	167	245	103
Trading Account Securities	786	710	670	630	664	681	601
Loans and Leases, Net of Allowance	-71	-68	5,290	5,418	5,372	5,303	5,118
Allowance for Loan and Lease Losses	71	68	66	69	63	62	60
Loans Held for Sale	0.56	8.30	6.07	0.00	14	14	1.33
Premises and Equipment, Net	26	25	24	24	24	24	24
Goodwill	36	36	36	36	36	36	36
Intangible Assets	8.99	9.26	9.53	10	10	11	11
Other Assets	5,515	5,466	177	215	187	160	187
Total Liabilities & Shareholders' Equity	6,794	6,505	6,409	6,522	6,480	6,480	6,087
Total Liabilities	6,186	5,917	5,826	5,963	5,915	5,925	5,572
Non-Interest Bearing Deposits	1,080	950	915	947	1,024	1,097	1,318
Interest Bearing Deposits	4,856	4,706	4,562	4,312	4,174	4,212	3,981
Short-Term Debt	0.00	0.00	119	471	485	379	32
Long-Term Debt	133	133	133	133	133	133	133
Other Long-Term Liabilities	117	127	97	99	98	104	107
Total Equity & Noncontrolling Interests	608	588	582	559	565	555	516
Total Preferred & Common Equity	608	588	582	559	565	555	516
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	608	588	582	559	565	555	516
Common Stock	18	18	18	18	18	18	17
Retained Earnings	415	408	402	386	379	366	329
Treasury Stock	-118	-115	-113	-108	-105	-101	-93
Accumulated Other Comprehensive Income / (Loss)	-55	-68	-68	-82	-68	-67	-75
Other Equity Adjustments	347	345	343	345	342	339	337

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-0.67%	-5.29%	15.31%
EBITDA Growth	-31.50%	-33.70%	23.60%
EBIT Growth	-33.19%	-34.26%	31.78%
NOPAT Growth	-32.48%	-34.20%	31.13%
Net Income Growth	-32.48%	-34.20%	31.13%
EPS Growth	-31.73%	-32.25%	36.52%
Operating Cash Flow Growth	1.46%	-41.06%	57.56%
Free Cash Flow Firm Growth	1,668.43%	90.96%	-387.99%
Invested Capital Growth	-34.03%	7.20%	53.96%
Revenue Q/Q Growth	3.43%	-4.41%	3.71%
EBITDA Q/Q Growth	0.79%	-19.88%	7.65%
EBIT Q/Q Growth	1.39%	-21.00%	9.39%
NOPAT Q/Q Growth	1.98%	-19.69%	8.35%
Net Income Q/Q Growth	1.98%	-19.69%	8.35%
EPS Q/Q Growth	2.21%	-19.10%	9.29%
Operating Cash Flow Q/Q Growth	54.70%	-14.61%	5.61%
Free Cash Flow Firm Q/Q Growth	-8.73%	93.73%	-361.18%
Invested Capital Q/Q Growth	-0.23%	-3.61%	53.57%
Profitability Metrics	-	-	-
EBITDA Margin	21.96%	31.85%	45.50%
EBIT Margin	19.70%	29.30%	42.20%
Profit (Net Income) Margin	14.46%	21.27%	30.62%
Tax Burden Percent	73.38%	72.61%	72.55%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	26.62%	27.39%	27.45%
Return on Invested Capital (ROIC)	3.55%	4.51%	8.61%
ROIC Less NNEP Spread (ROIC-NNEP)	3.55%	4.51%	8.61%
Return on Net Nonoperating Assets (RNNOA)	2.00%	4.24%	5.15%
Return on Equity (ROE)	5.55%	8.75%	13.76%
Cash Return on Invested Capital (CROIC)	44.55%	-2.44%	-33.88%
Operating Return on Assets (OROA)	0.67%	1.05%	1.65%
Return on Assets (ROA)	0.49%	0.76%	1.19%
Return on Common Equity (ROCE)	5.55%	8.75%	13.76%
Return on Equity Simple (ROE_SIMPLE)	5.44%	8.37%	13.93%
Net Operating Profit after Tax (NOPAT)	33	49	74
NOPAT Margin	14.46%	21.27%	30.62%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	63.48%	52.36%	44.62%
Operating Expenses to Revenue	77.01%	64.57%	55.18%
Earnings before Interest and Taxes (EBIT)	45	67	102
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	50	73	110
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.93	0.90	1.23
Price to Tangible Book Value (P/TBV)	1.00	0.98	1.35
Price to Revenue (P/Rev)	2.47	2.29	2.71
Price to Earnings (P/E)	17.06	10.78	8.84
Dividend Yield	0.63%	0.68%	0.55%
Earnings Yield	5.86%	9.28%	11.31%
Enterprise Value to Invested Capital (EV/IC)	0.41	0.78	0.94
Enterprise Value to Revenue (EV/Rev)	1.34	3.81	4.04
Enterprise Value to EBITDA (EV/EBITDA)	6.09	11.98	8.87
Enterprise Value to EBIT (EV/EBIT)	6.78	13.02	9.56
Enterprise Value to NOPAT (EV/NOPAT)	9.24	17.93	13.18
Enterprise Value to Operating Cash Flow (EV/OCF)	4.29	12.50	8.23
Enterprise Value to Free Cash Flow (EV/FCFF)	0.74	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.22	0.92	0.96
Long-Term Debt to Equity	0.22	0.23	0.25
Financial Leverage	0.56	0.94	0.60
Leverage Ratio	11.34	11.49	11.52
Compound Leverage Factor	11.34	11.49	11.52
Debt to Total Capital	18.06%	47.92%	49.02%
Short-Term Debt to Total Capital	0.00%	36.03%	36.30%
Long-Term Debt to Total Capital	18.06%	11.89%	12.72%
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	81.94%	52.08%	50.98%
Debt to EBITDA	2.67	7.34	4.64
Net Debt to EBITDA	-5.15	4.78	2.92
Long-Term Debt to EBITDA	2.67	1.82	1.21
Debt to NOPAT	4.05	10.99	6.90
Net Debt to NOPAT	-7.82	7.15	4.34
Long-Term Debt to NOPAT	4.05	2.73	1.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	414	-26	-292
Operating Cash Flow to CapEx	927.15%	2,135.93%	3,669.78%
Free Cash Flow to Firm to Interest Expense	2.32	-0.18	-8.16
Operating Cash Flow to Interest Expense	0.40	0.47	3.32
Operating Cash Flow Less CapEx to Interest Expense	0.35	0.45	3.23
Efficiency Ratios	-	-	-
Asset Turnover	0.03	0.04	0.04
Fixed Asset Turnover	8.60	9.57	10.35
Capital & Investment Metrics	-	-	-
Invested Capital	739	1,121	1,045
Invested Capital Turnover	0.25	0.21	0.28
Increase / (Decrease) in Invested Capital	-381	75	366
Enterprise Value (EV)	305	876	979
Market Capitalization	563	527	656
Book Value per Share	$34.45	$32.76	$29.74
Tangible Book Value per Share	$31.90	$30.17	$27.10
Total Capital	739	1,121	1,045
Total Debt	134	537	513
Total Long-Term Debt	134	133	133
Net Debt	-258	349	322
Capital Expenditures (CapEx)	7.67	3.28	3.24
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	134	537	513
Total Depreciation and Amortization (D&A)	5.16	5.87	8.00
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$1.87	$2.74	$4.09
Adjusted Weighted Average Basic Shares Outstanding	17.60M	17.75M	17.83M
Adjusted Diluted Earnings per Share	$1.85	$2.71	$4.00
Adjusted Weighted Average Diluted Shares Outstanding	17.60M	17.75M	17.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.60M	17.75M	17.83M
Normalized Net Operating Profit after Tax (NOPAT)	33	49	74
Normalized NOPAT Margin	14.46%	21.27%	30.62%
Pre Tax Income Margin	19.70%	29.30%	42.20%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.25	0.45	2.86
NOPAT to Interest Expense	0.18	0.33	2.07
EBIT Less CapEx to Interest Expense	0.21	0.43	2.77
NOPAT Less CapEx to Interest Expense	0.14	0.31	1.98
Payout Ratios	-	-	-
Dividend Payout Ratio	10.70%	7.28%	4.91%
Augmented Payout Ratio	32.49%	32.86%	48.98%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.95%	1.34%	-1.56%	-14.44%	-16.32%	-9.75%	-6.36%	14.17%	15.44%	16.83%
EBITDA Growth	3.00%	-4.93%	-39.93%	-47.75%	-58.16%	-57.91%	-37.82%	31.59%	33.55%	36.26%
EBIT Growth	5.29%	-14.71%	-47.21%	-50.27%	-60.61%	-54.59%	-33.65%	40.23%	42.41%	44.47%
NOPAT Growth	7.45%	-13.34%	-42.72%	-52.98%	-58.21%	-56.50%	-34.60%	36.56%	38.53%	42.02%
Net Income Growth	7.45%	-13.34%	-42.72%	-52.98%	-58.21%	-56.50%	-34.60%	36.56%	38.53%	42.02%
EPS Growth	8.33%	-12.24%	-42.47%	-52.48%	-57.14%	-55.05%	-32.41%	42.25%	43.59%	47.30%
Operating Cash Flow Growth	1,910.49%	-0.22%	-83.05%	-51.00%	-90.11%	-30.09%	-87.20%	26.13%	90.17%	143.65%
Free Cash Flow Firm Growth	685.84%	190.71%	190.74%	188.92%	80.72%	-845.57%	-525.60%	-320.35%	-679.45%	288.29%
Invested Capital Growth	-34.03%	-36.26%	-39.02%	-21.71%	7.20%	70.79%	81.20%	37.07%	53.96%	-5.99%
Revenue Q/Q Growth	9.21%	0.04%	6.63%	-2.19%	-2.87%	-2.83%	-7.32%	-4.34%	4.76%	0.83%
EBITDA Q/Q Growth	12.24%	10.13%	-21.22%	5.78%	3.60%	-30.42%	-31.47%	-15.31%	4.23%	2.78%
EBIT Q/Q Growth	13.88%	12.41%	-22.95%	6.75%	-7.75%	-30.42%	-27.42%	-15.45%	6.35%	1.67%
NOPAT Q/Q Growth	21.79%	0.76%	-12.76%	0.37%	-1.78%	-33.40%	-28.38%	-10.81%	2.25%	0.13%
Net Income Q/Q Growth	21.79%	0.76%	-12.76%	0.37%	-1.78%	-33.40%	-28.38%	-10.81%	2.25%	0.13%
EPS Q/Q Growth	20.93%	2.38%	-12.50%	0.00%	-2.04%	-32.88%	-27.72%	-9.82%	2.75%	0.93%
Operating Cash Flow Q/Q Growth	7.19%	2,797.18%	-95.54%	1,352.05%	-94.68%	392.02%	-87.11%	192.99%	-62.39%	-9.92%
Free Cash Flow Firm Q/Q Growth	-9.00%	-8.55%	95.37%	460.32%	85.91%	8.52%	-91.45%	21.88%	-644.90%	-47.78%
Invested Capital Q/Q Growth	-0.23%	2.68%	-13.59%	-25.48%	-3.61%	-1.76%	10.94%	2.04%	53.57%	4.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	21.74%	21.16%	19.22%	26.01%	24.05%	22.55%	31.49%	42.59%	48.11%	48.35%
EBIT Margin	19.79%	18.98%	16.89%	23.38%	21.42%	22.55%	31.49%	40.22%	45.50%	44.82%
Profit (Net Income) Margin	14.94%	13.40%	13.30%	16.26%	15.85%	15.67%	22.86%	29.59%	31.73%	32.51%
Tax Burden Percent	75.50%	70.60%	78.77%	69.56%	73.98%	69.48%	72.59%	73.57%	69.74%	72.53%
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	24.50%	29.40%	21.23%	30.44%	26.02%	30.52%	27.41%	26.43%	30.26%	27.47%
Return on Invested Capital (ROIC)	3.67%	3.10%	3.07%	3.77%	3.36%	4.08%	6.13%	8.02%	8.92%	10.82%
ROIC Less NNEP Spread (ROIC-NNEP)	3.67%	3.10%	3.07%	3.77%	3.36%	4.08%	6.13%	8.02%	8.92%	10.82%
Return on Net Nonoperating Assets (RNNOA)	2.07%	1.96%	2.00%	2.54%	3.16%	2.92%	4.24%	5.71%	5.33%	3.54%
Return on Equity (ROE)	5.73%	5.07%	5.07%	6.31%	6.52%	7.01%	10.38%	13.73%	14.26%	14.36%
Cash Return on Invested Capital (CROIC)	44.55%	47.69%	52.00%	28.47%	-2.44%	-45.68%	-49.89%	-22.70%	-33.88%	15.92%
Operating Return on Assets (OROA)	0.67%	0.63%	0.57%	0.80%	0.77%	0.86%	1.23%	1.58%	1.78%	1.70%
Return on Assets (ROA)	0.51%	0.44%	0.45%	0.56%	0.57%	0.60%	0.89%	1.16%	1.24%	1.23%
Return on Common Equity (ROCE)	5.73%	5.07%	5.07%	6.31%	6.52%	7.01%	10.38%	13.73%	14.26%	14.36%
Return on Equity Simple (ROE_SIMPLE)	0.00%	5.32%	5.70%	6.72%	0.00%	10.88%	12.78%	14.26%	0.00%	13.29%
Net Operating Profit after Tax (NOPAT)	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
NOPAT Margin	14.94%	13.40%	13.30%	16.26%	15.85%	15.67%	22.86%	29.59%	31.73%	32.51%
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	62.92%	64.79%	63.01%	63.22%	54.80%	54.55%	54.06%	46.68%	42.23%	43.92%
Operating Expenses to Revenue	77.40%	78.86%	76.20%	75.44%	69.32%	66.97%	65.56%	57.34%	51.52%	54.21%
Earnings before Interest and Taxes (EBIT)	12	11	9.56	12	12	13	18	25	30	28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	12	11	14	13	13	18	26	31	30
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.93	0.80	0.68	0.74	0.90	0.81	0.86	0.94	1.23	1.17
Price to Tangible Book Value (P/TBV)	1.00	0.86	0.74	0.80	0.98	0.89	0.93	1.03	1.35	1.29
Price to Revenue (P/Rev)	2.47	2.19	1.83	1.95	2.29	1.89	1.96	2.09	2.71	2.58
Price to Earnings (P/E)	17.06	14.96	11.98	10.99	10.78	7.47	6.69	6.59	8.84	8.81
Dividend Yield	0.63%	0.73%	0.88%	0.83%	0.68%	0.79%	0.75%	0.68%	0.55%	0.60%
Earnings Yield	5.86%	6.68%	8.34%	9.10%	9.28%	13.38%	14.94%	15.17%	11.31%	11.36%
Enterprise Value to Invested Capital (EV/IC)	0.41	0.17	0.30	0.58	0.78	0.75	0.79	0.73	0.94	0.97
Enterprise Value to Revenue (EV/Rev)	1.34	0.57	1.00	2.21	3.81	3.62	3.78	3.13	4.04	2.82
Enterprise Value to EBITDA (EV/EBITDA)	6.09	2.51	4.75	8.06	11.98	9.53	9.27	6.71	8.87	6.44
Enterprise Value to EBIT (EV/EBIT)	6.78	2.81	4.75	8.92	13.02	10.22	9.27	7.14	9.56	7.06
Enterprise Value to NOPAT (EV/NOPAT)	9.24	3.86	6.54	12.48	17.93	14.31	12.88	9.88	13.18	9.64
Enterprise Value to Operating Cash Flow (EV/OCF)	4.29	2.71	4.77	9.73	12.50	10.61	10.03	6.16	8.23	5.87
Enterprise Value to Free Cash Flow (EV/FCFF)	0.74	0.27	0.44	1.80	0.00	0.00	0.00	0.00	0.00	5.90
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.22	0.22	0.23	0.43	0.92	1.08	1.09	0.92	0.96	0.32
Long-Term Debt to Equity	0.22	0.22	0.23	0.23	0.23	0.24	0.24	0.24	0.25	0.26
Financial Leverage	0.56	0.63	0.65	0.67	0.94	0.72	0.69	0.71	0.60	0.33
Leverage Ratio	11.34	11.41	11.26	11.33	11.49	11.73	11.64	11.81	11.52	11.65
Compound Leverage Factor	11.34	11.41	11.26	11.33	11.49	11.73	11.64	11.81	11.52	11.65
Debt to Total Capital	18.06%	18.01%	18.49%	30.27%	47.92%	51.93%	52.26%	47.98%	49.02%	24.28%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	14.31%	36.03%	40.47%	41.01%	35.51%	36.30%	4.75%
Long-Term Debt to Total Capital	18.06%	18.01%	18.49%	15.97%	11.89%	11.46%	11.25%	12.47%	12.72%	19.52%
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	81.94%	81.99%	81.51%	69.73%	52.08%	48.07%	47.74%	52.02%	50.98%	75.72%
Debt to EBITDA	2.67	2.69	2.89	4.18	7.34	6.61	6.17	4.39	4.64	1.61
Net Debt to EBITDA	-5.15	-7.22	-3.95	0.96	4.78	4.56	4.45	2.23	2.92	0.56
Long-Term Debt to EBITDA	2.67	2.69	2.89	2.20	1.82	1.46	1.33	1.14	1.21	1.30
Debt to NOPAT	4.05	4.13	3.98	6.46	10.99	9.93	8.57	6.47	6.90	2.41
Net Debt to NOPAT	-7.82	-11.10	-5.44	1.48	7.15	6.84	6.19	3.29	4.34	0.83
Long-Term Debt to NOPAT	4.05	4.13	3.98	3.41	2.73	2.19	1.84	1.68	1.79	1.94
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)	391	429	469	240	-67	-473	-517	-270	-346	63
Operating Cash Flow to CapEx	706.68%	1,591.49%	66.41%	1,726.20%	134.56%	2,691.95%	684.08%	6,008.78%	2,609.80%	2,149.94%
Free Cash Flow to Firm to Interest Expense	8.83	9.43	10.62	5.36	-1.53	-11.27	-14.40	-10.19	-21.40	6.69
Operating Cash Flow to Interest Expense	0.60	0.54	0.02	0.43	0.03	0.59	0.14	1.47	0.82	3.73
Operating Cash Flow Less CapEx to Interest Expense	0.51	0.51	-0.01	0.40	0.01	0.57	0.12	1.45	0.79	3.56
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	8.60	8.88	9.02	9.14	9.57	10.06	10.57	10.71	10.35	9.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	739	741	722	835	1,121	1,163	1,184	1,067	1,045	681
Invested Capital Turnover	0.25	0.23	0.23	0.23	0.21	0.26	0.27	0.27	0.28	0.33
Increase / (Decrease) in Invested Capital	-381	-422	-462	-232	75	482	530	289	366	-43
Enterprise Value (EV)	305	125	219	488	876	870	930	782	979	660
Market Capitalization	563	484	402	430	527	455	483	522	656	603
Book Value per Share	$34.45	$34.37	$33.11	$32.81	$32.76	$31.25	$31.36	$31.13	$29.74	$28.34
Tangible Book Value per Share	$31.90	$31.81	$30.56	$30.23	$30.17	$28.66	$28.78	$28.50	$27.10	$25.72
Total Capital	739	741	722	835	1,121	1,163	1,184	1,067	1,045	681
Total Debt	134	133	133	253	537	604	618	512	513	165
Total Long-Term Debt	134	133	133	133	133	133	133	133	133	133
Net Debt	-258	-359	-182	58	349	416	447	261	322	57
Capital Expenditures (CapEx)	3.74	1.55	1.28	1.11	0.98	0.92	0.74	0.65	0.51	1.65
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)	134	133	133	253	537	604	618	512	513	165
Total Depreciation and Amortization (D&A)	1.21	1.23	1.32	1.40	1.43	0.00	0.00	1.47	1.69	2.19
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.53	$0.43	$0.42	$0.49	$0.49	$0.49	$0.73	$1.03	$1.15	$1.11
Adjusted Weighted Average Basic Shares Outstanding	17.60M	17.62M	17.75M	17.71M	17.75M	17.86M	17.93M	17.84M	17.83M	18.07M
Adjusted Diluted Earnings per Share	$0.52	$0.43	$0.42	$0.48	$0.48	$0.49	$0.73	$1.01	$1.12	$1.09
Adjusted Weighted Average Diluted Shares Outstanding	17.60M	17.70M	17.79M	17.81M	17.75M	18.01M	18.08M	18.26M	17.83M	18.42M
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	17.60M	17.59M	17.68M	17.77M	17.75M	17.82M	17.89M	18.02M	17.83M	17.92M
Normalized Net Operating Profit after Tax (NOPAT)	9.24	7.59	7.53	8.63	8.60	8.76	13	18	21	20
Normalized NOPAT Margin	14.94%	13.40%	13.30%	16.26%	15.85%	15.67%	22.86%	29.59%	31.73%	32.51%
Pre Tax Income Margin	19.79%	18.98%	16.89%	23.38%	21.42%	22.55%	31.49%	40.22%	45.50%	44.82%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.28	0.24	0.22	0.28	0.27	0.30	0.50	0.94	1.83	2.92
NOPAT to Interest Expense	0.21	0.17	0.17	0.19	0.20	0.21	0.37	0.69	1.27	2.12
EBIT Less CapEx to Interest Expense	0.19	0.20	0.19	0.25	0.24	0.28	0.48	0.92	1.79	2.75
NOPAT Less CapEx to Interest Expense	0.12	0.13	0.14	0.17	0.18	0.19	0.35	0.67	1.24	1.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	10.70%	10.97%	10.62%	9.10%	7.28%	5.86%	4.96%	4.56%	4.91%	5.37%
Augmented Payout Ratio	32.49%	39.72%	39.04%	39.94%	32.86%	31.45%	36.35%	35.38%	48.98%	58.99%

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. See Peapack-Gladstone Financial's forecast for analyst expectations on what’s next for the company.

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%.

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This page (NASDAQ:PGC) was last updated on 5/24/2025 by MarketBeat.com Staff

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Peapack-Gladstone Financial (PGC) Financials

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Peapack-Gladstone Financial (PGC) Financials

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