Peapack-Gladstone Financial Balance Sheet Health
Financial Health criteria checks 5/6
Peapack-Gladstone Financial has total assets of $6.8B and total equity of $607.6M. Total deposits are $5.9B, and total loans are $5.2B earning a Net Interest Margin of 2.5%. It has insufficient allowance for bad loans, which are currently at 1.5% of total loans. Cash and short-term investments are $510.9M.
Key information
11.2x
Asset to equity ratio
2.5%
Net interest margin
| Total deposits | US$5.94b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.5% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$510.93m |
Recent financial health updates
Recent updates
Peapack-Gladstone: Not A Good Pick For Value Investors
May 15Peapack-Gladstone Financial (NASDAQ:PGC) Is Due To Pay A Dividend Of $0.05
Apr 27
Increases to CEO Compensation Might Be Put On Hold For Now at Peapack-Gladstone Financial Corporation (NASDAQ:PGC)
Apr 24Peapack-Gladstone Financial goes ex dividend tomorrow
Aug 09Peapack-Gladstone Financial GAAP EPS of $1.08 beats by $0.16, revenue of $61.88M beats by $1.44M
Jul 29Peapack-Gladstone: Solid WM Offering, But High Cost Funding Source
Jan 19Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PGC's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: PGC has a low allowance for bad loans (89%).
Low Risk Liabilities: 96% of PGC's liabilities are made up of primarily low risk sources of funding.
Loan Level: PGC has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: PGC's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: PGC has an appropriate level of bad loans (1.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:44 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Peapack-Gladstone Financial Corporation is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | D.A. Davidson & Co. |
| Kevin Fitzsimmons | FIG Partners |
| Christopher Marinac | Janney Montgomery Scott LLC |