PEAPACK GLADSTONE FINANCIAL CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $125.4m
$145.8m +16.29%
$159.4m +9.32%
$175.0m +9.80%
$189.4m +8.23%
$210.3m +11.06%
$242.5m +15.31%
$229.7m -5.29%
$228.1m -0.67%
$283.0m +24.05%
$310.3m +9.63%
Gains (Losses) on Sales of Investment Real Estate $5k $58k
Noninterest income:
Interest Income (Expense), Net $96.4m
$111.1m +15.25%
$115.2m +3.62%
$120.3m +4.44%
$127.6m +6.09%
$138.1m +8.20%
$176.1m +27.54%
$156.1m -11.35%
$149.0m -4.54%
$200.9m +34.83%
$381.8m +90.03%
Labor and Related Expense $45.0m $54.0m $62.8m $70.1m $77.5m $81.9m $89.5m $100.5m $122.3m $145.5m
Amortization of Intangible Assets $123k $321k $1.2m $1.0m $1.3m $1.6m $1.6m $1.3m $1.1m $1.1m
Noninterest expense:
Interest Expense $20.6m $27.6m $44.5m $60.4m $38.1m $22.0m $35.8m $147.9m $150.9m
Total interest expense $178.8m $161.6m
Foreign Currency Transaction Gain (Loss), before Tax $1.3m $1.2m $1.2m $1.5m $1.5m $1.2m $1.0m $1.0m
Gain (Loss) on Investments $119k ($393k) $117k $281k ($432k) ($6.6m) $7k
Other Expenses $18.9m $17.3m $19.3m $19.7m $19.9m $22.8m $23.0m $25.1m $27.4m $30.3m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $57.7m $66.1m $32.0m $77.7m $102.3m $67.3m $45.0m $52.3m $72.6m
Income Tax Expense (Benefit) $16.3m $17.8m $13.6m $18.7m $5.8m $21.0m $28.1m $18.4m $12.0m $15.0m $20.7m
Net Income (Loss) Attributable to Parent $26.5m
$36.5m +37.84%
$44.2m +21.02%
$47.4m +7.39%
$26.2m -44.78%
$56.6m +116.18%
$74.2m +31.13%
$48.9m -34.20%
$33.0m -32.48%
$37.3m +13.15%
$51.7m +38.56%
Earnings Per Share, Basic $1.62 $2.06 $2.33 $2.46 $1.39 $3.01 $4.09 $2.74 $1.87 $2.12 $2.94
Earnings Per Share, Diluted $1.60 $2.03 $2.31 $2.44 $1.37 $2.93 $4.00 $2.71 $1.85 $2.10 $2.88
Common Stock, Dividends, Per Share, Declared $0.20 $0.20
Weighted Average Number of Shares Outstanding, Basic 16.3m 17.7m 19.0m 19.3m 18.9m 18.8m 18.2m 17.8m 17.7m 17.6m 17.6m
Weighted Average Number of Shares Outstanding, Diluted 16.5m 17.9m 19.1m 19.4m 19.1m 19.3m 18.6m 18.0m 17.8m 17.7m 18.0m
Additional Financial Items
Bank Owned Life Insurance Income $1.4m $1.4m $1.4m $1.3m $1.3m $1.7m $1.2m $1.3m $1.6m $1.7m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0