Recent Updates — PGC

Peapack-Gladstone Financial Corporation reported third-quarter 2026 net income available to common shareholders of $18.5 million, or $0.99 per diluted share, compared to $0.54 a year earlier and $0.86 in the prior quarter. Total revenue rose 24% year-over-year to $87.5 million, driven by a 33% increase in net interest income to $67.5 million as the net interest margin expanded to 3.34%. Operating expenses declined 1% sequentially to $55.1 million, improving the GAAP efficiency ratio to 63.03%. The company also reported total loans of $7.1 billion and deposits of $7.4 billion at September 30, 2026. Peapack-Gladstone Financial Corporation operates as a bank holding company providing private banking, lending, wealth management, and trust services.

Peapack-Gladstone Financial Corporation reported second quarter 2026 financial results, including net income available to common shareholders of $15.8 million, or $0.85 per diluted share, representing an 89% year-over-year increase. Total revenue grew by 23% year-over-year to $86.1 million, while operating expenses increased by 7%. The company elected to issue the remaining $20 million of its 6% non-cumulative perpetual convertible preferred stock on July 24, 2026. Peapack-Gladstone Financial Corp is a New Jersey bank holding company providing commercial and wealth management services.