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Peapack-Gladstone Financial (PGC)

Upturn stock ratingUpturn stock rating
$28.25
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/30/2025: PGC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $35.5

1 Year Target Price $35.5

Analysts Price Target For last 52 week
$35.5Target price
Low$20.84
Current$28.25
high$37.71

Analysis of Past Performance

Type Stock
Historic Profit -16.73%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 501.04M USD
Price to earnings Ratio 15.69
1Y Target Price 35.5
Price to earnings Ratio 15.69
1Y Target Price 35.5
Volume (30-day avg) 4
Beta 0.86
52 Weeks Range 20.84 - 37.71
Updated Date 06/30/2025
52 Weeks Range 20.84 - 37.71
Updated Date 06/30/2025
Dividends yield (FY) 0.71%
Basic EPS (TTM) 1.8

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 14.02%
Operating Margin (TTM) 18.87%

Management Effectiveness

Return on Assets (TTM) 0.47%
Return on Equity (TTM) 5.31%

Valuation

Trailing PE 15.69
Forward PE 9.6
Enterprise Value 403153376
Price to Sales(TTM) 2.2
Enterprise Value 403153376
Price to Sales(TTM) 2.2
Enterprise Value to Revenue 2.74
Enterprise Value to EBITDA -
Shares Outstanding 17735900
Shares Floating 15296981
Shares Outstanding 17735900
Shares Floating 15296981
Percent Insiders 10.81
Percent Institutions 76.7

Analyst Ratings

Rating 2
Target Price 35.5
Buy 2
Strong Buy 2
Buy 2
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Peapack-Gladstone Financial

stock logo

Company Overview

overview logo History and Background

Peapack-Gladstone Financial Corporation was founded in 1921. Initially a local bank serving the Peapack-Gladstone area in New Jersey, it has expanded through organic growth and acquisitions, evolving into a wealth management and commercial banking firm.

business area logo Core Business Areas

  • Commercial Banking: Offers a range of commercial banking services, including loans, deposit accounts, and treasury management solutions to businesses.
  • Wealth Management: Provides wealth management services to individuals and families, including investment management, financial planning, and trust services.
  • Private Banking: Offers customized banking and financial solutions to high-net-worth individuals and families.

leadership logo Leadership and Structure

The leadership team includes Doug Kennedy as President and CEO. The organizational structure consists of various departments overseeing commercial banking, wealth management, and operational functions, reporting to the CEO and board of directors.

Top Products and Market Share

overview logo Key Offerings

  • Commercial Loans: Provides various commercial loan products to businesses for working capital, expansion, and real estate financing. Market share data for specific commercial loan types is granular. Competitors include larger national and regional banks like Bank of America, Wells Fargo, and M&T Bank. No specific revenue data is publicly available for this individual product line.
  • Market Share (%): 0
  • Market Share (%): 0
  • Wealth Management Services: Offers investment management, financial planning, and trust services to high-net-worth individuals and families. Market share data is difficult to ascertain, but the wealth management industry is highly competitive. Competitors include Goldman Sachs, Morgan Stanley, and independent RIAs. No specific revenue data is publicly available for this individual product line.
  • Deposit Accounts: Offers a variety of deposit accounts, including checking, savings, and money market accounts for both individuals and businesses. Competitors include Chase, Wells Fargo, and Bank of America. No specific revenue data is publicly available for this individual product line.
  • Market Share (%): 0

Market Dynamics

industry overview logo Industry Overview

The banking and wealth management industries are characterized by increasing competition, regulatory changes, and evolving customer expectations. Consolidation is a notable trend, with larger institutions acquiring smaller ones.

Positioning

Peapack-Gladstone Financial positions itself as a relationship-focused provider of commercial banking and wealth management services, emphasizing personalized service and local expertise. Its competitive advantage lies in its strong local presence and focus on high-net-worth clients.

Total Addressable Market (TAM)

The TAM for commercial banking and wealth management is substantial, worth trillions of dollars nationally. Peapack-Gladstone Financial targets a niche segment within this TAM, focusing on affluent individuals and businesses in select markets. Their positioning emphasizes high-touch service, differentiating them from larger, more transactional competitors.

Upturn SWOT Analysis

Strengths

  • Strong local presence
  • Experienced management team
  • High-quality customer service
  • Sound financial performance
  • Focus on affluent clients

Weaknesses

  • Limited geographic reach compared to larger banks
  • Reliance on a relatively small number of key personnel
  • Higher operating costs compared to larger institutions
  • Vulnerable to regional economic downturns
  • Limited product diversification

Opportunities

  • Expansion into new markets
  • Strategic acquisitions
  • Increased demand for wealth management services
  • Leveraging technology to improve efficiency
  • Growing business lending

Threats

  • Increased competition from larger banks and fintech companies
  • Regulatory changes
  • Economic downturns
  • Interest rate risk
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • JPM
  • BAC
  • WFC
  • USB
  • MTB

Competitive Landscape

Peapack-Gladstone Financial's advantages include its strong local presence, high-quality customer service, and focus on affluent clients. Its disadvantages compared to larger competitors include limited geographic reach and higher operating costs.

Major Acquisitions

Murphy Varnish Lofts

  • Year: 2023
  • Acquisition Price (USD millions): 14.7
  • Strategic Rationale: Acquired the residential and commercial condominium units at Murphy Varnish Lofts located in Newark, New Jersey.

Growth Trajectory and Initiatives

Historical Growth: Peapack-Gladstone Financial has demonstrated consistent growth in assets, loans, and deposits over the past several years, driven by organic growth and strategic acquisitions.

Future Projections: Future growth is expected to be driven by continued expansion in key markets, strategic acquisitions, and leveraging technology to improve efficiency. Analyst estimates typically project moderate revenue and earnings growth.

Recent Initiatives: Recent initiatives include investments in technology to enhance customer experience and improve operational efficiency, as well as expansion into new markets through branch openings and acquisitions.

Summary

Peapack-Gladstone Financial is a financially stable institution focused on high-net-worth clients and commercial lending, operating primarily in the New Jersey market. Strengths include customer service and local expertise, but they face the challenge of competing with larger national banks. Growth strategies involve market expansion and technology investment; potential risks include economic downturns and regulatory shifts. Overall, the company appears healthy, but needs to be aware of rising competitive factors in the industry.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings (10-K, 10-Q)
  • Yahoo Finance
  • Bloomberg

Disclaimers:

The data provided is based on publicly available information and analyst estimates, and is not financial advice. Market share data is estimated and may not be precise. This information is for illustrative purposes only.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Peapack-Gladstone Financial

Exchange NASDAQ
Headquaters Bedminster, NJ, United States
IPO Launch date 1999-04-27
President, CEO & Director Mr. Douglas L. Kennedy
Sector Financial Services
Industry Banks - Regional
Full time employees 620
Full time employees 620

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Wealth Management. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers corporate and industrial (C&I) lending and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management, C&I advisory, escrow management, deposit generation, and investment management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; wealth management clients include individuals, families, foundations, endowments, trusts, and estates; and commercial loan clients include business owners, professionals, retailers, contractors, and real estate investors. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.