Peapack-Gladstone FinancialPGC
PGC
About: Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardians, and other financial planning and advisory services.
Employees: 521
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
20% more capital invested
Capital invested by funds: $298M [Q2] → $356M (+$58.5M) [Q3]
8% more funds holding
Funds holding: 113 [Q2] → 122 (+9) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.46% less ownership
Funds ownership: 73.97% [Q2] → 73.52% (-0.46%) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 41
31% less call options, than puts
Call options by funds: $36K | Put options by funds: $52K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$44
34%
upside
Avg. target
$44
34%
upside
High target
$44
34%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Christopher O'Connell 70% 1-year accuracy 16 / 23 met price target | 34%upside $44 | Outperform Maintained | 4 Dec 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
Peapack-Gladstone Bank Hires Paula Gambino as Senior Vice President
BEDMINSTER, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce that Paula Gambino has joined the Bank as a Senior Vice President, Head of SBA.
Positive
Zacks Investment Research
1 month ago
Peapack-Gladstone (PGC) is a Great Momentum Stock: Should You Buy?
Does Peapack-Gladstone (PGC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
GlobeNewsWire
1 month ago
Peapack-Gladstone Bank to Rebrand as Peapack Private Bank & Trust
BEDMINSTER, N.J., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), the holding company for Peapack-Gladstone Bank, a $6.8 billion commercial bank headquartered in Bedminster, NJ, announces an expected rebrand on or about January 1, 2025. The Bank and its wealth management division, having previously operated as separate brands, will unite under one name and one brand - Peapack Private Bank & Trust - or Peapack Private, in shortform.
Positive
Zacks Investment Research
1 month ago
Peapack-Gladstone (PGC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Peapack-Gladstone (PGC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
Peapack-Gladstone (PGC) Tops Q3 Earnings Estimates
Peapack-Gladstone (PGC) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.50 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Peapack-Gladstone Financial Corporation Reports Third Quarter Results
BEDMINSTER, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its third quarter 2024 financial results.
Positive
Zacks Investment Research
2 months ago
Peapack-Gladstone (PGC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Peapack-Gladstone (PGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
2 months ago
Peapack-Gladstone Bank Hires Michael Anthony Guarino, Esq., CRCM as Senior Vice President
BEDMINSTER, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce that Michael Anthony Guarino, Esq. has joined the Bank as a Senior Vice President, Attorney.
Neutral
GlobeNewsWire
2 months ago
Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank's Investment Grade Ratings Confirmed by Moody's Investors Service
BEDMINSTER, NJ, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (“the Company”) (NASDAQ Global Select Market: PGC) reports today that Moody's Investors Service (“Moody's”) has confirmed investor grade ratings for both the Company and its banking subsidiary, Peapack-Gladstone Bank (“the Bank”). Moody's has confirmed the Baa3 long term local currency issuer rating for the Company, and the baa2 baseline credit assessment (BCA) for the Bank.
Neutral
GlobeNewsWire
2 months ago
Peapack Private Hires Vanessa Tortorice as Senior Managing Director
BEDMINSTER, NJ, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Vanessa Tortorice has joined Peapack Private's New York City location as Senior Managing Director. Vanessa joins a team of highly-skilled commercial bankers at Peapack Private, where she will contribute to the growth of commercial and industrial business in the New York market. She is dedicated to providing tailored banking solutions to help clients achieve their long-term financial goals.
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