Peapack Gladstone Financials

PGC Stock  USD 36.14  0.29  0.80%   
Based on the measurements of operating efficiency obtained from Peapack Gladstone's historical financial statements, Peapack Gladstone Financial may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Peapack Gladstone's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 384 M, whereas Property Plant And Equipment Net is forecasted to decline to about 28.2 M. Key indicators impacting Peapack Gladstone's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.2267
Way Down
Slightly volatile
Return On Assets0.00910.0075
Fairly Up
Pretty Stable
Return On Equity0.10.0837
Fairly Up
Pretty Stable
Debt Equity Ratio0.970.9202
Notably Up
Slightly volatile
Current Ratio0.09790.1031
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Peapack Gladstone includes many different criteria found on its balance sheet. An individual investor should monitor Peapack Gladstone's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Peapack Gladstone.

Net Income

51.3 Million

  
Understanding current and past Peapack Gladstone Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Peapack Gladstone's financial statements are interrelated, with each one affecting the others. For example, an increase in Peapack Gladstone's assets may result in an increase in income on the income statement.
Please note, the presentation of Peapack Gladstone's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Peapack Gladstone's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Peapack Gladstone's management manipulating its earnings.

Peapack Gladstone Stock Summary

Peapack Gladstone competes with KeyCorp, Comerica, First Horizon, Western Alliance, and Fifth Third. 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. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey. Peapack Gladstone operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 497 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7046991078
CUSIP704699107
LocationNew Jersey; U.S.A
Business Address500 Hills Drive,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.pgbank.com
Phone908 234 0700
CurrencyUSD - US Dollar

Peapack Gladstone Key Financial Ratios

Peapack Gladstone Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.9B6.1B6.4B6.5B6.8B
Net Debt128.5M(262.9M)1.8M340.8M365.7M384.0M
Retained Earnings199.0M221.4M274.3M348.8M394.1M413.8M
Cash208.1M653.2M146.8M190.1M187.7M105.8M
Other Assets4.1B3.9B4.1B4.8B(30.7M)(29.1M)
Net Receivables10.5M22.5M21.6M25.2M30.7M32.2M
Total Liab4.7B5.4B188.0M5.8B5.9B6.2B
Total Current Assets609.3M1.3B965.1M769.9M218.3M207.4M
Common Stock16.7M17.0M17.2M17.5M17.8M11.0M
Other Liab26.2M154.5M116.8M15.4M17.7M24.9M
Accounts Payable8.0M121.5M5.3B69.1M62.2M59.1M
Good Will24.4M30.2M33.1M36.2M41.6M43.7M
Other Current Assets218.7M675.9M173.2M216.4M219.7M208.7M
Treasury Stock(30.0M)(36.5M)(65.1M)(97.8M)(88.0M)(83.6M)
Intangible Assets10.4M10.8M12.7M11.1M9.8M9.3M
Long Term Debt83.4M181.8M132.7M133.0M133.3M139.9M
Short Term Debt128.1M15M15.9M397.9M403.8M424.0M
Other Current Liab(136.1M)(15M)5.3B(397.9M)1.7B1.4B
Net Tangible Assets463.1M483.2M497.5M485.6M558.5M365.1M
Long Term Debt Total83.4M181.8M132.7M133.0M152.9M160.6M

Peapack Gladstone Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense60.4M38.1M22.0M35.8M147.9M155.3M
Total Revenue175.0M189.4M210.3M242.5M229.7M241.2M
Gross Profit140.5M153.1M170.3M200.8M109.4M72.5M
Operating Income66.1M32.0M77.7M138.1M(38.9M)(36.9M)
Ebit66.1M32.0M(10.9M)31.3M(38.9M)(36.9M)
Ebitda70.3M36.4M(6.1M)36.4M(38.9M)(36.9M)
Income Before Tax66.1M32.0M77.7M102.3M81.4M85.4M
Net Income47.4M26.2M56.6M74.2M48.9M51.3M
Income Tax Expense18.7M5.8M21.0M28.1M18.4M19.3M
Cost Of Revenue34.4M36.3M40.0M41.7M120.3M126.3M
Tax Provision18.7M5.8M21.0M28.1M24.3M19.3M
Net Interest Income120.3M127.6M138.1M176.1M167.5M138.9M
Interest Income180.7M165.8M160.1M211.9M288.0M185.9M

Peapack Gladstone Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash47.4M445.1M(506.5M)43.3M(2.4M)(2.3M)
Free Cash Flow84.6M33.6M71.5M115.4M66.8M70.1M
Depreciation4.2M4.4M4.8M5.0M5.0M3.4M
Other Non Cash Items7.1M29.2M8.8M42.8M34.3M36.0M
Dividends Paid3.9M3.8M3.8M3.6M3.6M3.3M
Capital Expenditures1.7M3.1M3.9M3.5M3.3M3.0M
Net Income47.4M26.2M56.6M74.2M48.9M51.3M
End Period Cash Flow208.2M653.3M146.8M190.1M187.7M107.4M
Investments(485.0M)(575.2M)(811.8M)(352.8M)(379.5M)(398.5M)
Change Receivables328K(12.0M)906K(3.6M)(3.2M)(3.1M)
Net Borrowings125.1M(119.9M)(65M)379.5M436.5M458.3M
Change To Netincome17.4M40.0M16.6M31.1M35.8M19.0M

Peapack Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Peapack Gladstone's current stock value. Our valuation model uses many indicators to compare Peapack Gladstone value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Peapack Gladstone competition to find correlations between indicators driving Peapack Gladstone's intrinsic value. More Info.
Peapack Gladstone Financial is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Peapack Gladstone Financial is roughly  11.33 . At present, Peapack Gladstone's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Peapack Gladstone's earnings, one of the primary drivers of an investment's value.

Peapack Gladstone Systematic Risk

Peapack Gladstone's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Peapack Gladstone volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Peapack Gladstone correlated with the market. If Beta is less than 0 Peapack Gladstone generally moves in the opposite direction as compared to the market. If Peapack Gladstone Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Peapack Gladstone is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Peapack Gladstone is generally in the same direction as the market. If Beta > 1 Peapack Gladstone moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Peapack Gladstone Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Peapack Gladstone's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Peapack Gladstone growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.31)

At present, Peapack Gladstone's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Peapack Gladstone November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Peapack Gladstone help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Peapack Gladstone Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Peapack Gladstone Financial based on widely used predictive technical indicators. In general, we focus on analyzing Peapack Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Peapack Gladstone's daily price indicators and compare them against related drivers.

Complementary Tools for Peapack Stock analysis

When running Peapack Gladstone's price analysis, check to measure Peapack Gladstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Peapack Gladstone is operating at the current time. Most of Peapack Gladstone's value examination focuses on studying past and present price action to predict the probability of Peapack Gladstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peapack Gladstone's price. Additionally, you may evaluate how the addition of Peapack Gladstone to your portfolios can decrease your overall portfolio volatility.
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