Peapack-Gladstone Financial Corporation (PGC) Income Statement
PGC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPGC revenue and net income
Where PGC's revenue goes
2025Each bar shows an amount and its share of revenue. PGC kept 8.5% of revenue as net income.
PGC profit margins
PGC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.5% | +17.1% | +14.2% | +13.9% |
| Gross profit | +18.3% | +3.3% | +10.9% | +10.0% |
| Operating income | +16.4% | −20.0% | +10.3% | +5.0% |
| Net income | +13.2% | −20.5% | +7.3% | +6.5% |
| EPS (diluted) | +14.8% | −22.1% | +9.0% | +4.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PGC quarterly EPS vs estimates
Peapack-Gladstone Financial beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.94).
PGC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $441.4M | $402.9M | $229.7M | $274.7M | $228.8M | $227.5M | $235.4M | $203.6M | $173.4M | $143.9M |
| Cost of revenue | $185.1M | $186.3M | $120.3M | $42.1M | $28.5M | $75.0M | $64.4M | $48.1M | $33.4M | $28.1M |
| Gross profit | $256.2M | $216.6M | $109.4M | $232.6M | $200.3M | $152.5M | $171.0M | $155.6M | $139.9M | $115.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $134.1M | $127.9M | $106.6M | $93.3M | $85.2M | $81.1M | $71.8M | $66.6M | $57.4M | $50.6M |
| Total operating expenses | $203.9M | $171.7M | $148.3M | $130.2M | $122.6M | $120.5M | $104.8M | $97.9M | $85.6M | $73.1M |
| Operating income | $52.3M | $45.0M | −$38.9M | $102.3M | $77.7M | $32.0M | $66.1M | $57.7M | $54.3M | $42.7M |
| Interest income | $362.5M | $327.8M | $288.0M | $211.9M | $160.1M | $165.8M | $180.7M | $159.7M | $138.7M | $117.0M |
| Interest expense | $161.6M | $178.8M | $147.9M | $35.8M | $22.0M | $38.1M | $60.4M | $44.5M | $27.6M | $20.6M |
| Income before taxes | $52.3M | $45.0M | $81.4M | $102.3M | $77.7M | $32.0M | $66.1M | $57.7M | $54.3M | $42.7M |
| Income taxes | $15.0M | $12.0M | $18.4M | $28.1M | $21.0M | $5.8M | $18.7M | $13.6M | $17.8M | $16.3M |
| Net income | $37.3M | $33.0M | $48.9M | $74.2M | $56.6M | $26.2M | $47.4M | $44.2M | $36.5M | $26.5M |
| EBITDA | $57.5M | $49.6M | −$38.9M | $107.4M | $82.5M | $36.4M | $70.3M | $62.0M | $57.9M | $46.0M |
| EPS (diluted) | $2.09 | $1.82 | $2.77 | $4.42 | $3.03 | $1.36 | $2.44 | $2.41 | $1.94 | $1.65 |
| Gross margin | 58.1% | 53.8% | 47.6% | 84.7% | 87.6% | 67.0% | 72.6% | 76.4% | 80.7% | 80.5% |
| Operating margin | 11.9% | 11.2% | −16.9% | 37.3% | 33.9% | 14.1% | 28.1% | 28.3% | 31.3% | 29.7% |
| Net margin | 8.5% | 8.2% | 21.3% | 27.0% | 24.7% | 11.5% | 20.2% | 21.7% | 21.1% | 18.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $122.3M | $117.6M | $115.6M | $111.6M | $110.0M | $104.2M | $105.0M | $101.1M | $99.9M | $97.0M | $93.9M | $96.9M |
| Cost of revenue | $44.4M | $42.5M | $45.1M | $46.8M | $47.9M | $45.3M | $46.0M | $46.7M | $48.1M | $45.4M | $48.5M | $47.8M |
| Gross profit | $78.0M | $75.2M | $70.5M | $64.8M | $62.1M | $58.8M | $59.0M | $54.3M | $51.8M | $51.5M | $45.4M | $49.0M |
| Sales, general & admin | $2.0M | $1.8M | $20.5M | $38.8M | $38.0M | $36.9M | $34.5M | $32.3M | $31.4M | $29.8M | $25.4M | $26.5M |
| Total operating expenses | $55.7M | $55.4M | $53.5M | $51.2M | $50.8M | $48.4M | $46.8M | $43.6M | $42.2M | $39.1M | $33.8M | $36.4M |
| Operating income | $22.3M | $19.7M | $17.0M | $13.6M | $11.3M | $10.4M | $12.2M | $10.7M | $9.6M | $12.4M | $11.6M | $12.6M |
| Interest income | $100.2M | $95.0M | $94.0M | $92.5M | $89.7M | $86.3M | $86.2M | $83.2M | $79.2M | $79.2M | $80.2M | $78.5M |
| Interest expense | $36.3M | $35.2M | $37.4M | $42.0M | $41.4M | $40.8M | $44.3M | $45.5M | $44.2M | $44.8M | $43.5M | $42.0M |
| Income before taxes | $22.3M | $19.7M | $17.0M | $13.6M | $11.3M | $10.4M | $12.2M | $10.7M | $9.6M | $12.4M | $11.6M | $12.6M |
| Income taxes | $6.3M | $5.6M | $4.8M | $4.0M | $3.3M | $2.9M | $3.0M | $3.2M | $2.0M | $3.8M | $3.0M | $3.8M |
| Net income | $16.0M | $14.2M | $12.2M | $9.6M | $7.9M | $7.6M | $9.2M | $7.6M | $7.5M | $8.6M | $8.6M | $8.8M |
| EBITDA | $23.7M | $21.1M | $18.4M | $14.9M | $12.6M | $11.6M | $13.4M | $11.9M | $10.7M | $13.6M | $12.9M | $13.9M |
| EPS (diluted) | $0.85 | $0.80 | $0.69 | $0.56 | $0.41 | $0.43 | $0.50 | $0.41 | $0.43 | $0.48 | $0.45 | $0.50 |
| Gross margin | 63.7% | 63.9% | 61.0% | 58.1% | 56.4% | 56.5% | 56.2% | 53.8% | 51.8% | 53.1% | 48.3% | 50.6% |
| Operating margin | 18.2% | 16.8% | 14.7% | 12.2% | 10.2% | 10.0% | 11.7% | 10.6% | 9.6% | 12.8% | 12.4% | 13.0% |
| Net margin | 13.1% | 12.0% | 10.5% | 8.6% | 7.2% | 7.3% | 8.8% | 7.5% | 7.5% | 8.9% | 9.2% | 9.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PGC's financial statements (latest annual report filed March 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PGC financial results
In fiscal year 2025 (ended December 31, 2025), Peapack-Gladstone Financial reported revenue of $441.4 million, up 9.5% from the year before. It had net income of $37.3 million (up 13.2%), a net profit margin of 8.5%. Diluted earnings per share came to $2.09. Over five years revenue grew at an average rate of 14.2% a year.
See the PGC stock overview for the latest quote and news, or the PGC chart for price history and technical indicators.
PGC income statement FAQ
What is Peapack-Gladstone Financial's annual revenue?
Peapack-Gladstone Financial reported total revenue of $441.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 9.5% from $402.9 million the previous year.
Is Peapack-Gladstone Financial profitable?
Yes. Peapack-Gladstone Financial reported net income of $37.3 million in fiscal 2025, a net profit margin of 8.5%; its operating margin was 11.9%.
What is Peapack-Gladstone Financial's gross margin?
Peapack-Gladstone Financial's gross margin was 58.1% in fiscal 2025: for every $100 of revenue, Peapack-Gladstone Financial kept $58 after the direct cost of its products and services.
How fast is Peapack-Gladstone Financial growing?
Revenue grew 14.2% a year on average over the last five fiscal years, from $227.5 million to $441.4 million.
What are Peapack-Gladstone Financial's earnings per share?
Peapack-Gladstone Financial earned $2.09 per diluted share in fiscal 2025, compared with $1.82 a year earlier.
When will Peapack-Gladstone Financial report its next earnings?
Peapack-Gladstone Financial is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Peapack-Gladstone Financial's fiscal year end?
Peapack-Gladstone Financial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 11, 2026.