PGC · NASDAQ · Banks - Regional

Peapack-Gladstone Financial

Runs relationship-led banking and wealth management around New Jersey and New York.

$45.11
After-hours close−0.04 (−0.09%)
At close$45.15(−0.02%)
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Profile

Peapack-Gladstone Financial CorporationPGCFinancials

Provides commercial private banking, retail private banking, residential lending, and wealth-management services through Peapack Private Bank & Trust, with activity concentrated in New Jersey and New York. Banking and Wealth Management segment income, deposit gathering, and banker-led relationships shape the model.

Operates through Peapack Private Bank & Trust, with a New Jersey-centered business built around commercial private banking, retail private banking, residential lending, treasury management, escrow services, and digital banking. Wealth Management adds investment management, personal trust, financial planning, tax, fiduciary, and advisory services for individuals, families, businesses, family offices, and nonprofits.

Focuses on New Jersey and New York, with a broader metropolitan footprint that also reaches Pennsylvania and wealth locations in Long Island, New York City, and Delaware. The recent rebrand supports a private-banking model built around single-point-of-contact bankers and a branch-light financial-center network.

Depends on deposit gathering, credit quality, trust and advisory demand, regulatory compliance, cybersecurity investment, and competition from larger financial institutions, regional banks, advisers, and investment managers.

Company facts

CEODouglas L. Kennedy
ListedApr 27, 1999
ExchangeNASDAQ
HeadquartersBedminster, NJ
CountryUnited States
Employees682
CIK0001050743
ISINUS7046991078

Key statistics

Market cap$799.3M
EPS (ttm)$2.88
P/E (ttm)15.66
ROE7.6%
P/B1.11
P/S1.71
Dividend yield0.44%
Beta0.64vs XLF 1.13

Year to date +62.5% · Average volume (30d) 181.9K

Analysts

Price target, next 12 months$56.50+25.2%Median of 8 analysts · vs the Aug 28 close
ConsensusBuy8 of 8 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Jul 29, 2026Piper SandlerReiterateOverweight$54$58
Jul 1, 2026Raymond JamesReiterateStrong Buy$49$55
Jun 26, 2026Piper SandlerReiterateOverweight$32$54
Apr 27, 2026Raymond JamesTarget$49
Dec 10, 2025Piper SandlerReiterateOverweight$35$32

Earnings

EPS

Estimate$0.94
ReportedDue Oct 28, 2026

Revenue

Estimate$90.1M
ReportedDue Oct 28, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 26, 2026Q2 FY26$0.88$0.85−2.9%$85.2M$86.1M+1.1%+1.42%
Apr 22, 2026Q1 FY26$0.66$0.80+21.2%$79.2M$82.7M+4.4%+1.86%
Jan 29, 2026Q4 FY25$0.65$0.69+6.2%$77.9M$77.9M0.0%+5.24%
Nov 7, 2025Q3 FY25$0.59$0.54−8.5%$71.7M$69.6M−2.9%+1.13%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$104.2M$110.0M$111.6M$115.6M$117.6M$122.3M
Gross profit$58.8M$62.1M$64.8M$70.5M$75.2M$78.0M
Operating income$10.4M$11.3M$13.6M$17.0M$19.7M$22.3M
Net income$7.6M$7.9M$9.6M$12.2M$14.2M$16.0M
Diluted EPS$0.43$0.45$0.54$0.69$0.80$0.85
Gross margin56.5%56.4%58.1%61.0%63.9%63.7%
Operating margin10.0%10.2%12.2%14.7%16.8%18.2%

Fiscal years (4-quarter sums)FY21 $232.3M · FY22 $278.3M · FY23 $370.9M · FY24 $402.9M · FY25 $441.4M

Revenue by product · Q2 FY26

Banking Segment$68.2M · 79%
Wealth Management Division$17.8M · 21%

Balance sheet, Jun 30, 2026Cash & short-term investments $760.8M · Total debt $117.5M · Total assets $7.97B · Shareholders' equity $715.8M

Dividends

Next ex-date
Nov 13, 2026
estimated · in 76 days
Annual dividend
$0.20
per share
Dividend yield
0.44%
Schedule
Quarterly
4 payments a year

Raised for 15 straight years. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 13, 2026Aug 13Aug 27$0.05
May 7, 2026May 7May 21$0.05
Feb 12, 2026Feb 12Feb 26$0.05
Nov 6, 2025Nov 6Nov 28$0.05
Aug 7, 2025Aug 7Aug 21$0.05
May 8, 2025May 8May 22$0.05
Feb 6, 2025Feb 6Feb 21$0.05
Nov 7, 2024Nov 7Nov 22$0.05
View details

Ownership

Institutions 82.85%14.68M sharesInsiders 5.05%895.1K sharesOther 12.10%2.14M shares

Shares outstanding 17.72M · Float 15.07M · 85.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.1.60M9.01%13FAug 7, 2026
Dimensional Fund Advisors LP1.04M5.84%13FAug 11, 2026
Vanguard Capital Management LLC705.7K3.98%13FAug 13, 2026
Wellington Management Group LLP674.9K3.81%13FAug 14, 2026
Philadelphia Trust Co616.4K3.48%13FAug 10, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 29, 2026Lisa Chalkanofficer: EVP, Chief Credit Officer−1,100$47.60
Jun 29, 2026John P. Babcockofficer: SEVP & Pres of Priv Wealth Mgt−5,000$47.11
Jun 11, 2026Francesco S. Rossiofficer: SVP/Chief Accounting Officer−2,484$45.52
Jun 8, 2026Anthony W. Spinellidirector−2,000$44.63
Mar 30, 2026Patrick Campiondirector+1,430$34.97
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Peapack-Gladstone Financial$45.11−0.09%$799.3M15.710.91.7+25.4%
Valley National Bancorp$13.920.00%$7.71B11.69.82.6+13.3%
Provident Financial Services$23.71+0.91%$3.06B9.89.42.2+9.7%
OceanFirst$18.88−0.11%$1.14B22.39.31.6+36.3%
ConnectOne Bancorp$31.730.00%$1.60B9.99.12.6+46.0%
Dime Commercial Bancshares$40.47−0.02%$1.79B14.610.72.4+17.1%
Kearny Financial $9.820.00%$618.0M17.212.31.8+11.9%
Princeton Bancorp$42.25−0.24%$287.8M11.111.22.1+6.7%
Median11.69.82.2+13.3%