Peapack Gladstone Financial Corp (PGC) Files 10-K for the Fiscal Year Ended on December 31, 2018

Peapack Gladstone Financial Corp (PGC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Peapack Gladstone Financial Corp provides commercial banking services. It also provides consumer banking services, including checking and savings account, residential mortgages, home equity lines of credit and other second mortgage loans. Peapack Gladstone Financial Corp has a market cap of $531.980 million; its shares were traded at around $27.51 with a P/E ratio of 11.95 and P/S ratio of 3.37. The dividend yield of Peapack Gladstone Financial Corp stocks is 0.72%.

For the last quarter Peapack Gladstone Financial Corp reported a revenue of $40.6 million, compared with the revenue of $36.77 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $159.4 million, an increase of 11.2% from last year. For the last five years Peapack Gladstone Financial Corp had an average revenue growth rate of 17.5% a year.

The reported diluted earnings per share was $2.31 for the year, an increase of 13.8% from previous year. Over the last five years Peapack Gladstone Financial Corp had an EPS growth rate of 18.3% a year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Peapack Gladstone Financial Corp has the cash and cash equivalents of $160.7 million, compared with $113.3 million in the previous year. The long term debt was $199.6 million, compared with $130.0 million in the previous year. Peapack Gladstone Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $27.51, Peapack Gladstone Financial Corp is traded at 33.1% premium to its historical median P/S valuation band of $20.67. The P/S ratio of the stock is 3.37, while the historical median P/S ratio is 2.53. The stock lost 20.06% during the past 12 months.

For the complete 20-year historical financial data of PGC, click here.