Peapack-Gladstone Financial (PGC)

• Market cap: $455M
• 1 day: -0.92%
• 5 days: 2.54%
• 1 month: -9.80%
• 3 months: -19.52%
• 6 months: -9.14%
• Year to date: -17.07%
• 1 year: 5.51%
• 5 years: 60.56%
• 10 years: 24.52%
• Sector: Financials
• Industry: Banks - Regional

About: Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Wealth Management Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and Internet banking services. Wealth Management includes investment management services for individuals and institutions; personal trust services, administrator, custodian and guardians, and other financial planning and advisory services. The services provided by the company include checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, individual retirement accounts, and other services.

Employees: 620

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

250% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 6

39% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 38

23% more capital invested

Capital invested by funds: $356M [Q3] → $439M (+$82.5M) [Q4]

11% more funds holding

Funds holding: 122 [Q3] → 136 (+14) [Q4]

4.6% more ownership

Funds ownership: 73.51% [Q3] → 78.11% (+4.6%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

73% less call options, than puts

Call options by funds: $19K | Put options by funds: $71K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $39 51% upside
• Avg. target: $39 51% upside
• High target: $39 51% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Raymond James Mark Cash 67% 1-year accuracy 2 / 3 met price target

51% upside $39

Strong Buy Initiated

11 Apr 2025