Peapack-Gladstone Financial Corporation (PGC) — Financial statements
Income statement, balance sheet, and cash flow for Peapack-Gladstone Financial Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 441↑9.5% | 403↑7.8% | 374↑36.0% | 275↑20.1% | 229 | |
| Cost of Revenue | 185↓0.6% | 186↑15.0% | 162↑284.4% | 42↑48.0% | 28 | |
| Gross Profit | 256↑18.3% | 217↑2.3% | 212↓9.0% | 233↑16.1% | 200 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 132↑5.0% | 126↑21.6% | 103↑13.2% | 91↑8.9% | 84 | |
| Selling & Marketing Expenses | 2↓2.7% | 2↑12.8% | 2↓0.5% | 2↑46.1% | 1 | |
| SG&A Expenses | 134↑4.8% | 128↑21.5% | 105↑12.9% | 93↑9.5% | 85 | |
| Other Expenses | 70↑59.6% | 44↑11.8% | 39↑5.9% | 37↓1.3% | 37 | |
| Operating Expenses | 204↑18.8% | 172↑18.8% | 144↑10.9% | 130↑6.2% | 123 | |
| Total Costs & Expenses | 389↑8.7% | 358↑16.8% | 306↑77.8% | 172↑14.1% | 151 | |
| Operating Results | ||||||
| Operating Income | 52↑16.4% | 45↓33.2% | 67↓34.3% | 102↑31.8% | 78 | |
| Depreciation & Amortization | 11↑136.6% | 5↓7.6% | 5↓0.7% | 5↑5.3% | 5 | |
| EBITDA | 63↑27.6% | 50↓31.4% | 72↓32.7% | 107↑30.2% | 82 | |
| EBIT | 52↑16.4% | 45↓33.2% | 67↓34.3% | 102↑31.8% | 78 | |
| Interest & Other Income | ||||||
| Net Interest Income | 201↑34.8% | 149↓4.5% | 156↓11.4% | 176↑27.5% | 138 | |
| Interest Income | 363↑10.6% | 328↑7.8% | 304↑43.5% | 212↑32.4% | 160 | |
| Interest Expense | 162↓9.6% | 179↑20.9% | 148↑313.2% | 36↑62.7% | 22 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 52↑16.4% | 45↓33.2% | 67↓34.3% | 102↑31.8% | 78 | |
| Income Tax Expense | 15↑25.2% | 12↓35.1% | 18↓34.4% | 28↑33.5% | 21 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 37↑13.2% | 33↓32.5% | 49↓34.2% | 74↑31.1% | 57 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 37↑13.2% | 33↓32.5% | 49↓34.2% | 74↑31.1% | 57 | |
| Bottom-Line Net Income | 37↑13.2% | 33↓32.5% | 49↓34.2% | 74↑31.1% | 57 | |
| EPS (Basic) | 2.12↑13.4% | 1.87↓31.8% | 2.74↓33.0% | 4.09↑35.9% | 3.01 | |
| EPS (Diluted) | 2.11↑14.1% | 1.85↓31.7% | 2.71↓32.3% | 4.00↑36.5% | 2.93 | |
| Weighted Average Shares | 18↓0.6% | 18↓1.0% | 18↓1.7% | 18↓3.3% | 19 | |
| Weighted Average Diluted Shares | 18↓0.8% | 18↓1.2% | 18↓2.8% | 19↓3.8% | 19 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.