OverviewSuggest Edit

Peapack-Gladstone Financial operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services. The Bank offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The Company operates through two segments: Banking, which includes commercial, multifamily, residential and consumer lending activities; deposit generation, telephone and Internet banking services and etc.; and Private Wealth Management Division, which includes asset management services provided for individuals and institutions.

TypePublic
Founded1921
HQBedminster Township, US
Websitepgbank.com
Employee Ratings4

Latest Updates

Employees (est.) (Nov 2018)384(+14%)
Revenue (FY, 2018)$203.9 M(+18%)
Share Price (Mar 2019)$27.8

Peapack-Gladstone Financial Office Locations

Peapack-Gladstone Financial has an office in Bedminster Township
Bedminster Township, US (HQ)
500 Hills Dr #300
Show all (1)
Report incorrect company information

Peapack-Gladstone Financial Financials and Metrics

Peapack-Gladstone Financial Revenue

Peapack-Gladstone Financial's revenue was reported to be $203.88 m in FY, 2018
USD

Revenue (FY, 2018)

203.9m

Gross profit (FY, 2018)

159.4m

Gross profit margin (FY, 2018), %

78.2%

Net income (FY, 2018)

44.2m

Market capitalization (18-Mar-2019)

536.9m

Closing stock price (18-Mar-2019)

27.8

Cash (31-Dec-2018)

160.8m

EV

484.2m
Peapack-Gladstone Financial's current market capitalization is $536.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

77.6m96.4m122.9m146.0m173.4m203.9m

Revenue growth, %

24%12%35%

Cost of goods sold

14.7m20.6m27.6m44.5m

Gross profit

108.2m125.4m145.8m159.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

30.4m31.4m34.2m36.5m37.4m38.4m41.6m47.3m51.4m51.1m

Cost of goods sold

3.5m4.1m4.5m4.9m5.6m5.8m6.4m8.7m10.4m12.0m

Gross profit

26.8m27.3m29.7m31.6m31.8m32.6m35.1m38.6m41.0m39.1m

Gross profit Margin, %

88%87%87%87%85%85%85%82%80%76%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

35.1m70.2m113.4m160.8m

Accounts Receivable

Inventories

1.6b2.9b3.7b3.9b

PP&E

29.0m30.2m29.5m27.4m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

9.3m14.9m20.0m26.5m36.5m44.2m

Depreciation and Amortization

3.5m3.0m4.0m3.2m3.6m4.3m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

6.9m3.0m6.8m10.7m5.0m10.2m15.6m5.5m12.1m19.2m8.0m15.9m10.2m10.8m22.7m33.4m

Depreciation and Amortization

2.2m727.0k1.4m2.2m798.0k1.6m2.4m756.0k1.5m2.3m787.0k1.7m799.0k1.9m2.9m

Cash From Operating Activities

29.5m13.7m22.6m5.3m18.0m24.9m3.7m16.5m32.5m23.5m31.3m44.6m14.1m31.4m57.4m

Cash From Investing Activities

(231.7m)(224.0m)(257.9m)(451.6m)(134.2m)(411.0m)(520.5m)(87.8m)(224.8m)(317.1m)(124.6m)(367.6m)(376.8m)(37.5m)(55.1m)(161.7m)
USDY, 2018

EV/CFO

7.5 x

Revenue/Employee

564.8k

Financial Leverage

9.8 x
Show all financial metrics

Peapack-Gladstone Financial Operating Metrics

Peapack-Gladstone Financial's Total Loans was reported to be $3.7b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

22 20 20

Non-accrual Loans

$6.85 m$6.34 m$7.11 m$7.62 m$6.75 m$7.28 m$8.05 m$10.84 m$11.26 m$11.49 m$15.64 m

Total Loans

$2.25 b$2.44 b$2.74 b$2.86 b$2.91 b$3.03 b$3.15 b$3.23 b$3.31 b$3.44 b$3.66 b
Show all operating metrics
Report incorrect company information

Peapack-Gladstone Financial News and Updates

Peapack-Gladstone Financial Corporation Announces Appointment of Two New Directors

BEDMINSTER, N.J., Feb. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces the appointment of Peter D. Horst and Patrick J. Mullen to the Board of Directors of the Company and of Peapack-Gladstone Bank, effective Feb…

Peapack-Gladstone Financial Corporation Reports Fourth Quarter and Full Year Results and Declares Its Quarterly Cash Dividend

BEDMINSTER, N.J., Jan. 25, 2019 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the “Company”) recorded net income of $44.17 million and diluted earnings per share of $2.31 for the year ended December 31, 2018, compared to $36.50 million and $2.03, r…

Peapack-Gladstone Financial Corporation Finalizes Acquisition of Lassus Wherley

Bedminster, New Jersey, Sept. 04, 2018 (NewMediaWire) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), parent company of Peapack-Gladstone Bank is pleased to announce that it has completed the acquisition of New Providence, NJ-based Lassus Wherley, effective …
Report incorrect company information

Peapack-Gladstone Financial Frequently Asked Questions

  • When was Peapack-Gladstone Financial founded?

    Peapack-Gladstone Financial was founded in 1921.

  • How many employees does Peapack-Gladstone Financial have?

    Peapack-Gladstone Financial has 384 employees.

  • What is Peapack-Gladstone Financial revenue?

    Latest Peapack-Gladstone Financial annual revenue is $203.9 m.

  • What is Peapack-Gladstone Financial revenue per employee?

    Latest Peapack-Gladstone Financial revenue per employee is $530.9 k.

  • Who are Peapack-Gladstone Financial competitors?

    Competitors of Peapack-Gladstone Financial include First Horizon National Corp., Clifton Bancorp and Carver Bancorp.

  • Where is Peapack-Gladstone Financial headquarters?

    Peapack-Gladstone Financial headquarters is located at 500 Hills Dr #300, Bedminster Township.

  • Where are Peapack-Gladstone Financial offices?

    Peapack-Gladstone Financial has an office in Bedminster Township.

  • How many offices does Peapack-Gladstone Financial have?

    Peapack-Gladstone Financial has 1 office.