(PGC) Peapack-Gladstone Financial - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 741m USD | Total Return: 43.7% in 12m
Industry Rotation: -9.8
Avg Turnover: 4.92M
EPS Trend: -55.8%
Qual. Beats: 1
Rev. Trend: 93.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20, Leader, Garp
Peapack-Gladstone Financial Corporation (PGC) is a New Jersey-based bank holding company specializing in private banking and wealth management. Founded in 1921, the firm operates through two primary segments: Banking and Wealth Management. Its service suite includes commercial and industrial (C&I) lending, asset-based financing, residential mortgages, and comprehensive fiduciary services such as trust administration and tax preparation.
The company employs a high-touch relationship banking model, targeting high-net-worth individuals, non-profits, and commercial real estate investors. In the regional banking sector, firms often focus on C&I lending to diversify revenue streams away from traditional residential mortgage interest. For a deeper look at the firms fundamentals, consider evaluating the latest metrics on ValueRay. Unlike larger money-center banks, regional institutions like PGC rely heavily on local economic conditions and deposit stability within specific geographic corridors like Northern and Central New Jersey.
- Wealth management fee income growth stabilizes revenue during volatile interest rate cycles
- Net interest margin compression risks emerge from rising cost of deposit funding
- Expansion into New York City market increases commercial and industrial loan volume
- High concentration in New Jersey real estate exposes portfolio to regional downturns
- Asset quality performance in equipment finance and commercial mortgage sectors dictates valuation
| Net Income: 43.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.35 > 1.0 |
| NWC/Revenue: -5.83% < 20% (prev -1.47k%; Δ 1.46k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 75.6m > Net Income 43.9m |
| Net Debt (97.2m) to EBITDA (71.4m): 1.36 < 3 |
| Current Ratio: 0.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.8m) vs 12m ago -0.29% < -2% |
| Gross Margin: 59.92% > 18% (prev 0.55%; Δ 5.94k% > 0.5%) |
| Asset Turnover: 6.14% > 50% (prev 5.76%; Δ 0.38% > 0%) |
| Interest Coverage Ratio: 0.27 > 6 (EBITDA TTM 71.4m / Interest Expense TTM 155.9m) |
| A: -0.00 (Total Current Assets 42.3m - Total Current Liabilities 68.9m) / Total Assets 7.70b |
| B: 0.06 (Retained Earnings 470.6m / Total Assets 7.70b) |
| C: 0.01 (EBIT TTM 41.9m / Avg Total Assets 7.41b) |
| D: 0.06 (Book Value of Equity 439.2m / Total Liabilities 7.00b) |
| Altman-Z'' Score: 0.28 = B |
| DSRI: 0.93 (Receivables 33.1m/32.0m, Revenue 454.9m/410.1m) |
| GMI: 0.91 (GM 59.92% / 54.61%) |
| AQI: 1.04 (AQ_t 0.98 / AQ_t-1 0.94) |
| SGI: 1.11 (Revenue 454.9m / 410.1m) |
| TATA: -0.00 (NI 43.9m - CFO 75.6m) / TA 7.70b) |
| Beneish M-Score: -3.06 (Cap -4..+1) = AA |
Over the past week, the price has changed by -2.91%, over one month by +6.66%, over three months by +21.06% and over the past year by +43.66%.
- StrongBuy: 2
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 48.4 | 16.1% |
P/E Forward = 9.5969
P/S = 2.7049
P/B = 1.0585
P/EG = 0.6426
Revenue TTM = 454.9m USD
EBIT TTM = 41.9m USD
EBITDA TTM = 71.4m USD
Long Term Debt = 99.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 68.9m USD (from shortTermDebt, last quarter)
Debt = 106.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 97.2m USD (from netDebt column, last quarter)
Enterprise Value = 838.0m USD (740.8m + Debt 106.4m - CCE 9.22m)
Interest Coverage Ratio = 0.27 (Ebit TTM 41.9m / Interest Expense TTM 155.9m)
EV/FCF = 13.23x (Enterprise Value 838.0m / FCF TTM 63.4m)
FCF Yield = 7.56% (FCF TTM 63.4m / Enterprise Value 838.0m)
FCF Margin = 13.93% (FCF TTM 63.4m / Revenue TTM 454.9m)
Net Margin = 9.65% (Net Income TTM 43.9m / Revenue TTM 454.9m)
Gross Margin = 59.92% ((Revenue TTM 454.9m - Cost of Revenue TTM 182.3m) / Revenue TTM)
Gross Margin QoQ = 63.89% (prev 60.99%)
Tobins Q-Ratio = 0.11 (Enterprise Value 838.0m / Total Assets 7.70b)
Interest Expense / Debt = 33.03% (Interest Expense 35.2m / Debt 106.4m)
Taxrate = 28.25% (5.57m / 19.7m)
NOPAT = 30.0m (EBIT 41.9m * (1 - 28.25%))
Current Ratio = 0.61 (Total Current Assets 42.3m / Total Current Liabilities 68.9m)
Debt / Equity = 0.15 (Debt 106.4m / totalStockholderEquity, last quarter 699.2m)
Debt / EBITDA = 1.36 (Net Debt 97.2m / EBITDA 71.4m)
Debt / FCF = 1.53 (Net Debt 97.2m / FCF TTM 63.4m)
Total Stockholder Equity = 657.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.59% (Net Income 43.9m / Total Assets 7.70b)
RoE = 6.68% (Net Income TTM 43.9m / Total Stockholder Equity 657.4m)
RoCE = 5.53% (EBIT 41.9m / Capital Employed (Equity 657.4m + L.T.Debt 99.0m))
RoIC = 3.92% (NOPAT 30.0m / Invested Capital 766.9m)
WACC = 10.54% (E(740.8m)/V(847.2m) * Re(8.65%) + D(106.4m)/V(847.2m) * Rd(33.03%) * (1-Tc(0.28)))
Discount Rate = 8.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -35.96 | Cagr: -0.50%
[DCF] Terminal Value 64.03% ; FCFF base≈51.4m ; Y1≈39.4m ; Y5≈24.5m
[DCF] Fair Price = 12.42 (EV 317.2m - Net Debt 97.2m = Equity 220.0m / Shares 17.7m; r=10.54% [WACC]; 5y FCF grow -27.78% → 3.0% )
EPS Correlation: -55.83 | EPS CAGR: -8.14% | SUE: 1.01 | # QB: 1
Revenue Correlation: 93.67 | Revenue CAGR: 16.19% | SUE: 0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.86 | Chg30d=+2.98% | Revisions=+50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.98 | Chg30d=+1.82% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=3.67 | Chg30d=+3.45% | Revisions=+50% | GrowthEPS=+69.9% | GrowthRev=+21.6%
EPS next Year (2027-12-31): EPS=4.77 | Chg30d=+2.03% | Revisions=+43% | GrowthEPS=+30.0% | GrowthRev=+11.4%
[Analyst] Revisions Ratio: +50%