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PGC

Peapack-Gladstone Financial Corp.

$35.86

Earnings Summary

Revenue
$61.4Mn
Net Profits
$20.1Mn
Net Profit Margins
32.74%
PE Ratio
11.01

Highlights

Revenue:

Peapack-Gladstone Financial Corp.’s revenue jumped 19.17% since last year same period to $61.4Mn in the Q2 2022. On a quarterly growth basis, Peapack-Gladstone Financial Corp. has generated 13% jump in its revenue since last 3-months.

Net Profits:

Peapack-Gladstone Financial Corp.’s net profit jumped 39.41% since last year same period to $20.1Mn in the Q2 2022. On a quarterly growth basis, Peapack-Gladstone Financial Corp. has generated 49.54% jump in its net profits since last 3-months.

Net Profit Margins:

Peapack-Gladstone Financial Corp.’s net profit margin jumped 16.98% since last year same period to 32.74% in the Q2 2022. On a quarterly growth basis, Peapack-Gladstone Financial Corp. has generated 32.34% jump in its net profit margins since last 3-months.

PE Ratio:

Peapack-Gladstone Financial Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 11.01.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Peapack-Gladstone Financial Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1
EPS Estimate Current Year
1

Highlights

EPS Estimate Current Quarter:

Peapack-Gladstone Financial Corp.’s earning per share (EPS) estimates for the current quarter stand at 1 - a 5.26% jump from last quarter’s estimates.

EPS Estimate Current Year:

Peapack-Gladstone Financial Corp.’s earning per share (EPS) estimates for the current year stand at 1.

Key Ratios

Key ratios of the Peapack-Gladstone Financial Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
1.08
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.2

Highlights

Earning Per Share (EPS):

Peapack-Gladstone Financial Corp.’s earning per share (EPS) jumped 40.26% since last year same period to 1.08 in the Q2 2022. This indicates that the Peapack-Gladstone Financial Corp. has generated 40.26% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Peapack-Gladstone Financial Corp.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Peapack-Gladstone Financial Corp.’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Peapack-Gladstone Financial Corp. declared 0.2 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-18
0.8
0.71
-11.25%

Company Information

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $5.9 billion and assets under management and/or administration of $8.8 billion as of December 31, 2020. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, investment banking, commercial and retail solutions, including residential lending and online platforms, to businesses and consumers. Peapack Private, the Bank's wealth management division, offers comprehensive financial, tax, fiduciary and investment advice and solutions, to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service.

Organisation
Peapack-Gladstone Financial Corp.
Headquarters
Bedminster, New Jersey, US
Employees
501
Industry
Finance
CEO
Douglas Kennedy