Peapack-Gladstone Financial Balance Sheet Health
Financial Health criteria checks 6/6
Peapack-Gladstone Financial has total assets of $6.5B and total equity of $583.7M. Total deposits are $5.3B, and total loans are $5.4B. It earns a Net Interest Margin of 2.5%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $218.3M.
Key information
11.1x
Asset to equity ratio
2.5%
Net interest margin
Total deposits | US$5.27b |
Loan to deposit ratio | Appropriate |
Bad loans | 1.1% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$218.31m |
Recent financial health updates
Recent updates
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 19We Think Peapack-Gladstone Financial Corporation's (NASDAQ:PGC) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 28Peapack-Gladstone Financial declares $0.05 dividend
Apr 27Peapack-Gladstone Financial reports Q4 results
Feb 01Why Peapack-Gladstone Financial Corporation (NASDAQ:PGC) Is A Top Dividend Stock
Dec 16How Much Of Peapack-Gladstone Financial Corporation (NASDAQ:PGC) Do Insiders Own?
Nov 25Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PGC's Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: PGC has a sufficient allowance for bad loans (107%).
Low Risk Liabilities: 89% 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 (83%).
Low Risk Deposits: PGC's Loans to Deposits ratio (102%) is appropriate.
Level of Bad Loans: PGC has an appropriate level of bad loans (1.1%).