Peapack-Gladstone Financial (PGC) Financial Statements & Analysis

Peapack-Gladstone Financial (PGC) Income Statement

Peapack-Gladstone Financial reported revenue of $441.36M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 98.1% from $222.82M a year earlier. Net income was $37.33M, up 13.2% year over year, a net margin of 8.5%. Gross margin was 58.1% and operating margin 11.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $84.18M, up 33.3% from the same quarter a year earlier.

Peapack-Gladstone Financial Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Peapack-Gladstone Financial Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	441.36	222.82	215.54	237.47	206.77	227.51	235.37	203.65	173.35
Cost of Revenue	185.13	186.30	162.01	42.15	28.48	74.97	64.40	48.07	33.44
Gross Profit	256.23	216.61	211.74	232.57	200.30	152.54	170.97	155.57	139.92
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	134.14	127.95	47.77	93.30	85.22	81.12	71.77	66.59	57.43
Operating Expenses	203.92	171.66	144.46	130.23	122.64	120.53	104.85	97.85	85.61
Operating Income	52.31	44.95	67.28	102.34	77.66	32.00	66.12	57.72	54.31
Other Income/Expense
Interest Income	362.53	327.80	304.01	211.88	160.07	165.75	180.67	159.69	138.73
Interest Expense	161.62	178.80	147.92	35.80	22.01	38.15	60.40	44.52	27.59
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	52.31	44.95	67.28	102.34	77.66	32.00	66.12	57.72	54.31
Income Tax Expense	14.98	11.96	18.43	28.10	21.04	5.81	18.69	13.55	17.81
Net Income	37.33	32.99	48.85	74.25	56.62	26.19	47.43	44.17	36.50
Net Income - Continuous Operations	37.33	32.99	48.85	74.25	56.62	26.19	47.43	44.17	36.50
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	63.26	49.58	5.01	5.04	4.79	36.42	70.29	62.03	57.90
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	10.95	1.09	1.32	1.57	1.60	4.41	4.17	4.31	3.60
Earnings Per Share
Basic EPS	2.00	2.00	3.00	4.00	3.00	1.00	2.00	2.00	2.00
Diluted EPS	2.00	2.00	3.00	4.00	3.00	1.00	2.00	2.00	2.00
Basic Shares Outstanding	17.56	17.66	17.85	18.16	18.79	18.90	19.27	18.97	17.66
Diluted Shares Outstanding	17.71	17.84	18.05	18.57	19.29	19.08	19.41	19.15	17.94

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Peapack-Gladstone Financial Financial Statements

What was Peapack-Gladstone Financial's revenue in fiscal 2025?

Peapack-Gladstone Financial reported revenue of $441.36M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 98.1% from $222.82M a year earlier.

Is Peapack-Gladstone Financial profitable?

Yes. Peapack-Gladstone Financial earned net income of $37.33M in fiscal 2025, a net margin of 8.5%. In fiscal 2024 it earned $32.99M.

What is Peapack-Gladstone Financial's operating margin?

Peapack-Gladstone Financial's operating income was $52.31M on revenue of $441.36M in fiscal 2025, an operating margin of 11.9%, compared with 20.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition