The company delivered steady earnings with higher net interest income and continued deposit and loan growth, driven by its Metro New York expansion. Asset quality remained manageable despite an uptick in nonperforming assets.

Peapack-Gladstone Financial Corporation announced strong first quarter 2025 financial results, with loans growing by $236 million to $5.8 billion and core relationship deposit balances increasing by $177 million. Net interest income rose by 9% to $45.5 million, and total revenue increased by 4% to $64.36 million. Net income for the quarter was $7.6 million, with diluted EPS at $0.43.

Peapack-Gladstone Financial Corporation reported a net income of $9.2 million and diluted EPS of $0.52 for Q4 2024. Core relationship deposits grew by $438 million, and loan balances increased by $201 million. Net interest income rose by $4.2 million to $41.9 million, driven by growth in average interest-earning assets and an improved net interest margin.

Peapack-Gladstone Financial Corporation reported a net income of $7.6 million and EPS of $0.43 for Q3 2024. Deposits grew by $279 million, and loan balances increased by $51 million. The net interest margin improved to 2.34%.

Peapack-Gladstone Financial Corporation reported second quarter results with total revenue of $56.6 million, net income of $7.5 million, and diluted EPS of $0.42. Core relationship deposits grew significantly, enabling the repayment of short-term borrowings and an increase in the net interest margin.

Peapack-Gladstone Financial Corporation reported a decrease in financial results for Q1 2024 compared to Q1 2023. Total revenue decreased to $53.1 million, net income decreased to $8.6 million, and diluted EPS decreased to $0.48. However, deposits grew by $202.6 million, loans decreased by $73.7 million, and overnight borrowings were reduced by $284.3 million.

Peapack-Gladstone Financial Corporation reported a decrease in financial results for the fourth quarter of 2023, with total revenue at $54.3 million, net income at $8.6 million, and diluted EPS at $0.48. The results reflect a challenging year for the financial services industry, marked by interest rate increases and concerns over liquidity. The company's net interest margin stabilized during the quarter, and wealth management continued to contribute a consistent stream of noninterest income.

Peapack-Gladstone Financial Corporation reported a decrease in total revenue to $55.9 million, net income to $8.8 million, and EPS to $0.49 for Q3 2023, compared to the same quarter last year. The results were impacted by net interest margin compression and an elevated provision for credit losses due to challenges in the freight industry.

Peapack-Gladstone Financial Corporation reported a decrease in net income and EPS for Q2 2023 compared to the same period last year, impacted by net interest margin compression. Loans grew, but deposits declined. The company is expanding into New York City.

Peapack-Gladstone Financial Corporation reported a strong first quarter in 2023, with total revenue of $62.0 million, net income of $18.4 million, and diluted earnings per share of $1.01. The company experienced growth in deposits and loans, and its capital position remained strong. However, net interest margin compression was experienced due to an increase in the cost of funds.

Peapack-Gladstone Financial Corporation reported strong fourth quarter results with total revenue of $64.85 million, net income of $20.58 million, and diluted earnings per share of $1.12. The results were driven by continued improvement in net interest income and net interest margin.

Peapack-Gladstone Financial Corporation reported a strong third quarter in 2022, with total revenue of $61.91 million, net income of $20.13 million, and diluted earnings per share of $1.09.

Peapack-Gladstone Financial Corporation reported strong second quarter results, driven by improvement in net interest income and net interest margin, which improved 45 basis points compared to the June 2021 quarter. The quarter also included increases in wealth management fee income and SBA fee income, when compared to the June 2021 quarter.

Peapack-Gladstone Financial Corporation reported a strong first quarter with total revenue of $54.33 million, net income of $13.44 million, and diluted earnings per share of $0.71. The results were driven by continued loan growth, increased net interest income and margin, and solid wealth management and capital markets fee income.

Peapack-Gladstone Financial Corporation reported a strong fourth quarter with total revenue of $56.17 million, net income of $14.86 million, and diluted earnings per share of $0.78. The company's performance was driven by its wealth management and commercial banking businesses, with increases in wealth management income, corporate advisory fees, and SBA income.

Peapack-Gladstone Financial Corporation reported a slight increase in total revenue and net income for the third quarter of 2021 compared to the same period in 2020. Total revenue reached $52.99 million, and net income was $14.17 million. The growth was driven by increased wealth management fee income and capital markets activities, offsetting the impact of a $1.35 million swap valuation allowance.

Peapack-Gladstone Financial Corporation reported a strong second quarter in 2021, with total revenue of $51.52 million, net income of $14.42 million, and diluted earnings per share of $0.74. The results were driven by increased wealth management fee income, strong loan growth, and margin expansion.

Peapack-Gladstone Financial Corporation reported a strong first quarter in 2021, with total revenue of $49.61 million and net income of $13.18 million, resulting in diluted earnings per share of $0.67. Increased noninterest income, particularly from wealth management and capital markets activities, along with a significantly reduced provision for loan losses, contributed to the positive results.

Peapack-Gladstone Financial Corporation reported a decrease in net income and EPS for the fourth quarter of 2020, compared to the same period last year. Total revenue decreased slightly, while operating expenses increased significantly. The quarter included increased net interest income and noninterest income, but these were offset by increased operating expenses and a higher provision for loan losses.

Peapack-Gladstone Financial Corporation reported third quarter results with revenue of $52.36 million, net income of $13.55 million, and EPS of $0.71. The quarter benefited from increased net interest income and non-interest income, driven by PPP earnings and wealth management income, offset by higher operating expenses and loan loss provisions due to the COVID-19 pandemic. The company sold a significant portion of its PPP loans, generating a $7.4 million gain.

Peapack-Gladstone Financial Corporation reported a decrease in net income and EPS for the quarter ended June 30, 2020, compared to the same period last year. The decrease was primarily due to a $4.90 million provision for loan losses related to the COVID-19 pandemic.

Peapack-Gladstone Financial Corporation reported a decrease in net income and EPS for Q1 2020, primarily due to a $20.0 million provision for loan losses related to the COVID-19 pandemic. However, total revenue increased by 11% compared to the same period last year, driven by wealth management, commercial banking, and capital markets activities. The company also benefited from a $3.2 million tax benefit related to changes in tax net operating losses under the CARES Act.

Peapack-Gladstone Financial Corporation reported a record fourth quarter and full year results. The company's Q4 2019 revenue was $46.44 million, net income was $12.23 million, and diluted earnings per share was $0.64.