Peapack-Gladstone Financial Corporation

$ 44.75 1.80 %

Peapack-Gladstone Financial Corporation (PGC) functions as the holding company for Peapack-Gladstone Bank, a financial institution primarily dedicated to delivering private banking and comprehensive wealth management services throughout the United States. Its operations are structured into two key divisions: Banking and Peapack Private. For deposit services, PGC provides a range of accounts including standard checking and savings, high-yield money market accounts, interest-bearing checking options, certificates of deposit (CDs), and individual retirement accounts (IRAs). On the lending side, the bank supports businesses with working capital lines of credit, term loans for acquiring fixed assets, commercial and multi-family real estate mortgages, and diverse forms of asset-based financing. It also engages in various commercial and industrial (C&I) lending, equipment finance, and commercial real estate activities. For individual clients, PGC offers residential mortgages, home equity lines of credit (HELOCs), and other second mortgage products. Beyond core banking, the corporation delivers specialized financial solutions such as treasury management, advisory services for corporate and industrial clients, escrow management, and strategic deposit generation. Its wealth management arm provides comprehensive asset and investment management services, personal trust services (including roles as executor, trustee, administrator, custodian, and guardian), alongside financial planning, tax preparation, and general advisory support. Customers also benefit from modern conveniences like telephone and online banking platforms, merchant credit card services, and dedicated customer support. Its private banking division caters to a diverse clientele including businesses, non-profit organizations, and individual consumers. Wealth management services are tailored for individuals, families, charitable foundations, endowments, trusts, and estates. Geographically, private banking facilities are situated in Bedminster, Morristown, Princeton, and Teaneck, New Jersey. Wealth management branches extend across Somerset, Morris, Hunterdon, and Union counties. The bank further maintains a network of 20 automated teller machines (ATMs). Established in 1921, Peapack-Gladstone Financial Corporation has its headquarters in Bedminster, New Jersey.

CEO: Robert A. Plante - https://www.pgbank.com

Price objectif

$49 9.50 %

Recommandation

Buy

DCF

$ 28.20

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PGC vs S&P500

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Quick ratio

0.61

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

18.12

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

2.47

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

6.68 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

0.57 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

17.64

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.15

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

3.60

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

8.02 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
9 indicates good financial health
Altman score
0.23 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.13 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.01 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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