Peapack-Gladstone Financial Corporation Reports Third Quarter Financial Results
Peapack-Gladstone reported Q3 2026 diluted EPS of $0.99, up 83% year-over-year from $0.54, on revenue of $87.5 million, up 24% YoY — its tenth consecutive quarter of revenue growth. Net interest income rose 33% YoY to $67.5 million with NIM expanding 53 bps to 3.34%, while operating expenses fell 1% sequentially, driving meaningful positive operating leverage. Loans reached $7.1 billion and deposits $7.4 billion, and nonperforming assets declined 20% sequentially to 0.68% of total assets.
Key figures
- Eps
- 0.99
- Revenue
- 87500000
- Revenue Yoy
- 24%
- Aum
- 13600000000
- Loans
- 7100000000
- Eps yoy
- +83%
- Deposits
- 7400000000
- Npa ratio
- 0.68%
- Roace annualized
- 10.70%
- Net interest income
- 67500000
- Net interest margin
- 3.34%
- Nonperforming assets
- 57800000
- Efficiency ratio gaap
- 63.03%
- Net interest income yoy
- 33%
- Provision for credit losses
- 8500000
- Wealth management fee income
- 17300000
- Tangible book value per share
- 36.24
- Net income available to common
- 18500000
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