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. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Peapack-Gladstone Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PGC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PGC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PGC exceeded the US Banks industry which returned 83.3% over the past year.
Return vs Market: PGC exceeded the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Peapack-Gladstone Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWe Think Peapack-Gladstone Financial Corporation's (NASDAQ:PGC) CEO Compensation Package Needs To Be Put Under A Microscope
1 month ago | Simply Wall StThis Insider Has Just Sold Shares In Peapack-Gladstone Financial Corporation (NASDAQ:PGC)
1 month ago | Simply Wall StIf You Had Bought Peapack-Gladstone Financial (NASDAQ:PGC) Stock A Year Ago, You Could Pocket A 133% Gain Today
Is Peapack-Gladstone Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PGC ($32.92) is trading below our estimate of fair value ($45.4)
Significantly Below Fair Value: PGC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PGC is poor value based on its PE Ratio (16.4x) compared to the US Banks industry average (12.1x).
PE vs Market: PGC is good value based on its PE Ratio (16.4x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: PGC is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: PGC's PB Ratio (1.1x) is in line with the US Banks industry average.
How is Peapack-Gladstone Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PGC's forecast earnings growth (9.8% per year) is above the savings rate (2%).
Earnings vs Market: PGC's earnings (9.8% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: PGC's earnings are forecast to grow, but not significantly.
Revenue vs Market: PGC's revenue (4.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: PGC's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PGC's Return on Equity is forecast to be high in 3 years time
How has Peapack-Gladstone Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGC has high quality earnings.
Growing Profit Margin: PGC's current net profit margins (21.1%) are lower than last year (24%).
Past Earnings Growth Analysis
Earnings Trend: PGC's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: PGC's earnings growth over the past year (1.6%) is below its 5-year average (8.6% per year).
Earnings vs Industry: PGC earnings growth over the past year (1.6%) underperformed the Banks industry 17.2%.
Return on Equity
High ROE: PGC's Return on Equity (7.3%) is considered low.
How is Peapack-Gladstone Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PGC's Assets to Equity ratio (11.4x) is moderate.
Allowance for Bad Loans: PGC has a sufficient allowance for bad loans (574%).
Low Risk Liabilities: 91% 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 (73%).
Low Risk Deposits: PGC's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: PGC has an appropriate level of bad loans (0.3%).
What is Peapack-Gladstone Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PGC's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: PGC's dividend (0.61%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: PGC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PGC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PGC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PGC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Kennedy (63 yo)
Mr. Douglas L. Kennedy, also known as Doug, serves as Director at Federal Reserve Bank of New York since December 2019. He has been the Chief Executive Officer and President of Peapack-Gladstone Financial ...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD2.21M) is about average for companies of similar size in the US market ($USD1.71M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Experienced Management: PGC's management team is considered experienced (4.7 years average tenure).
Experienced Board: PGC's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PGC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Peapack-Gladstone Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: Peapack-Gladstone Financial Corporation
- Ticker: PGC
- Exchange: NasdaqGS
- Founded: 1921
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$582.747m
- Shares outstanding: 18.04m
- Website: https://www.pgbank.com
Number of Employees
- Peapack-Gladstone Financial Corporation
- 500 Hills Drive
- Suite 300
- New Jersey
- United States
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 operat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 23:10|
|End of Day Share Price||2021/05/06 00:00|
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.