GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Peapack Gladstone Financial Corp (NAS:PGC) » Definitions » 10-Year RORE %

Peapack Gladstone Financial (Peapack Gladstone Financial) 10-Year RORE % : 7.49% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Peapack Gladstone Financial 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Peapack Gladstone Financial's 10-Year RORE % for the quarter that ended in Dec. 2023 was 7.49%.

The industry rank for Peapack Gladstone Financial's 10-Year RORE % or its related term are showing as below:

PGC's 10-Year RORE % is ranked worse than
51.36% of 1032 companies
in the Banks industry
Industry Median: 7.76 vs PGC: 7.49

Peapack Gladstone Financial 10-Year RORE % Historical Data

The historical data trend for Peapack Gladstone Financial's 10-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Peapack Gladstone Financial 10-Year RORE % Chart

Peapack Gladstone Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.66 0.88 12.33 16.43 7.49

Peapack Gladstone Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.73 14.95 11.18 7.49 -

Competitive Comparison of Peapack Gladstone Financial's 10-Year RORE %

For the Banks - Regional subindustry, Peapack Gladstone Financial's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Peapack Gladstone Financial's 10-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Peapack Gladstone Financial's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Peapack Gladstone Financial's 10-Year RORE % falls into.



Peapack Gladstone Financial 10-Year RORE % Calculation

Peapack Gladstone Financial's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 2.18-1.29 )/( 22.12-2 )
=0.89/20.12
=4.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Peapack Gladstone Financial  (NAS:PGC) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Peapack Gladstone Financial 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Peapack Gladstone Financial's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Peapack Gladstone Financial (Peapack Gladstone Financial) Business Description

Traded in Other Exchanges
N/A
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.
Executives
Stuart M. Vorcheimer officer: EVP, Comm & Ind Lndg 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Frank A. Cavallaro officer: SEVP & Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Patrick Campion director C/O ANJIE LAROCCA, DEUTSCHE ASSET MGMT, 345 PARK AVENUE, NEW YORK NY 10154
John P Babcock officer: SEVP & Pres of Priv Wealth Mgt 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Anthony W. Spinelli director 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Robert A. Plante officer: EVP, Chief Operating Officer 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
F Duffield Meyercord director
Douglas L Kennedy director, officer: President & CEO C/O PEAPACK GLADSTONE FINANCIAL CORP, 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921-1538
Francesco S Rossi officer: SVP/Chief Accounting Officer 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Vincent A Spero officer: EVP, Head of Comml Real Estate 190 MAIN STREET, PO BOX 178, GLADSTONE NJ 07934
Peter D. Horst director 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Steven A Kass director 226 LANDIS AVENUE, VINELAND NJ 08360
Jeffrey J Carfora officer: SEVP & Chief Financial Officer C/O PENNFED FINANCIAL SERVICES INC, 622 EAGLE ROCK AVENUE, WEST ORANGE NJ 07052
Gregory Martin Smith officer: EVP, Head of Comml Banking 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921