PGC

MKT CAP:$700M

Peapack-Gladstone Financial Corporation

Market Cap

$700M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$40.05+$12.26 (+44.12%)

Apr 23, 2026

Company Details

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 Pea...

CEO

Douglas L. Kennedy

IPO Date

Apr 27, 1999

Website

www.pgbank.com

Key Metrics TTM

Revenue

$420M

+2.3% YoY

Net Income

$44M

EPS (Diluted)

$2.48

Free Cash Flow

$15M

Revenue / Share

$23.63

Gross Margin

47.0%

Operating Margin

10.0%

Net Margin

10.5%

FCF Margin

3.5%

P/S

1.7x

P/E

16.0x

Earnings Reports

Q1 2026

Apr 22, 2026

NEW

$82M-20.8%EPS $0.80

FY 2025

Mar 11, 2026

$441M+9.5%EPS $2.11

Q4 2025

Mar 11, 2026

$116M+10.1%EPS $0.69

Q3 2025

Nov 7, 2025

$112M+10.4%EPS $0.54

Q2 2025

Aug 8, 2025

$110M+10.2%EPS $0.45

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$67M	$60M	$27M
Q3 22	$71M	$61M	$28M
Q4 22	$81M	$63M	$30M
Q1 23	$88M	$60M	$25M
Q2 23	$93M	$55M	$18M
Q3 23	$97M	$49M	$13M
Q4 23	$94M	$45M	$12M
Q1 24	$97M	$52M	$12M
Q2 24	$100M	$52M	$10M
Q3 24	$101M	$54M	$11M
Q4 24	$105M	$59M	$12M
Q1 25	$104M	$59M	$10M
Q2 25	$110M	$62M	$11M
Q3 25	$112M	$65M	$14M
Q4 25	$116M	$71M	$17M
Q1 26	$82M	$0	$0

Valuation

Quarter	P/S	P/E
Q2 22	2.3x	8.9x
Q3 22	2.4x	9.1x
Q4 22	2.3x	8.6x
Q1 23	1.8x	6.8x
Q2 23	1.5x	6.7x
Q3 23	1.3x	7.4x
Q4 23	1.4x	10.5x
Q1 24	1.1x	11.0x
Q2 24	1.0x	11.9x
Q3 24	1.2x	15.0x
Q4 24	1.4x	17.1x
Q1 25	1.2x	15.6x
Q2 25	1.2x	15.4x
Q3 25	1.1x	14.3x
Q4 25	1.1x	13.4x
Q1 26	1.5x	14.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$31M	$30M
Q2 22	$39M	$39M
Q3 22	$35M	$34M
Q4 22	$13M	$13M
Q1 23	$39M	$38M
Q2 23	$5M	$4M
Q3 23	$25M	$24M
Q4 23	$1M	$338.0K
Q1 24	$19M	$18M
Q2 24	$852.0K	-$431.0K
Q3 24	$25M	$23M
Q4 24	$26M	$22M
Q1 25	-$8M	-$11M
Q2 25	$16M	$10M
Q3 25	$36M	$34M
Q4 25	-$5M	-$18M

Capital Expenditures

Quarter	CapEx
Q1 22	$568.0K
Q2 22	$516.0K
Q3 22	$2M
Q4 22	$787.0K
Q1 23	$649.0K
Q2 23	$735.0K
Q3 23	$919.0K
Q4 23	$978.0K
Q1 24	$1M
Q2 24	$1M
Q3 24	$2M
Q4 24	$4M
Q1 25	$4M
Q2 25	$6M
Q3 25	$2M
Q4 25	$13M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+16.8%	+6.2%
Q3 22	+23.4%	+13.0%
Q4 22	+32.7%	+27.7%
Q1 23	+48.8%	+52.5%
Q2 23	+38.0%	+87.3%
Q3 23	+35.7%	+93.1%
Q4 23	+15.9%	+59.8%
Q1 24	+10.7%	+35.0%
Q2 24	+7.9%	+21.4%
Q3 24	+4.3%	+7.2%
Q4 24	+11.8%	+12.7%
Q1 25	+7.4%	+10.8%
Q2 25	+10.2%	+9.4%
Q3 25	+10.4%	+8.4%
Q4 25	+10.1%	+6.3%
Q1 26	-20.8%	-12.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$35.0K	0.1%
Q2 22	$42.0K	0.1%
Q3 22	$37.0K	0.1%
Q4 22	$31.0K	0.0%
Q1 23	$48.0K	0.1%
Q2 23	$58.0K	0.1%
Q3 23	$34.0K	0.0%
Q4 23	$38.0K	0.0%
Q1 24	$32.0K	0.0%
Q2 24	$43.0K	0.0%
Q3 24	$56.0K	0.1%
Q4 24	$23.0K	0.0%
Q1 25	$39.0K	0.0%
Q2 25	$56.0K	0.1%
Q3 25	$56.0K	0.1%
Q4 25	-$151.0K	-0.1%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$22M	$681.0K
Q3 22	$23M	$574.0K
Q4 22	$23M	$337.0K
Q1 23	$25M	$396.0K
Q2 23	$27M	$706.0K
Q3 23	$26M	$482.0K
Q4 23	$25M	$288.0K
Q1 24	$29M	$343.0K
Q2 24	$31M	$625.0K
Q3 24	$32M	$340.0K
Q4 24	$34M	$803.0K
Q1 25	$37M	$154.0K
Q2 25	$37M	$919.0K
Q3 25	$38M	$651.0K
Q4 25	$20M	$329.0K
Q1 26	$2M	$267.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$153M	$557M	$710M
Q3 22	$108M	$498M	$606M
Q4 22	$190M	$555M	$745M
Q1 23	$251M	$556M	$808M
Q2 23	$172M	$541M	$712M
Q3 23	$188M	$521M	$709M
Q4 23	$188M	$551M	$738M
Q1 24	$195M	$551M	$746M
Q2 24	$316M	$592M	$908M
Q3 24	$493M	$683M	$1.2B
Q4 24	$391M	$50M	$442M
Q1 25	$232M	$65M	$297M
Q2 25	$316M	$768M	$1.1B
Q3 25	$347M	$65M	$412M
Q4 25	$9M	$774M	$783M
Q1 26	$9M	$710M	$719M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	19M	-1.6%	-4.1%
Q3 22	18M	-1.2%	-4.4%
Q4 22	18M	-0.2%	-3.6%
Q1 23	18M	-0.6%	-3.6%
Q2 23	18M	-1.0%	-3.0%
Q3 23	18M	-0.4%	-2.2%
Q4 23	18M	-0.3%	-2.3%
Q1 24	18M	-0.9%	-2.5%
Q2 24	18M	-0.1%	-1.6%
Q3 24	18M	-0.5%	-1.7%
Q4 24	18M	+0.4%	-1.1%
Q1 25	18M	+0.2%	+0.0%
Q2 25	18M	-0.1%	+0.0%
Q3 25	18M	0.0%	+0.6%
Q4 25	18M	-0.5%	-0.4%
Q1 26	18M	+0.3%	-0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$134.9K	497
Q3 22	$143.7K	497
Q4 22	$162.7K	498
Q1 23	$175.9K	498
Q2 23	$185.8K	498
Q3 23	$194.5K	498
Q4 23	$180.3K	521
Q1 24	$186.1K	521
Q2 24	$191.7K	521
Q3 24	$194.0K	521
Q4 24	$169.4K	620
Q1 25	$168.0K	620
Q2 25	$177.4K	620
Q3 25	$179.9K	620
Q4 25	$169.6K	682
Q1 26	$121.0K	682

Revenue / Employee