Market Cap : 569.45 M | Enterprise Value : 266.21 M | P/E (TTM) : 12.73 | P/B : 1.15 |
---|
NAS:PGC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:PGC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Peapack Gladstone Financial's credit losses provision for the three months ended in Sep. 2019 was $0.8 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2019 was $3.6 Mil.
Peapack Gladstone Financial's quarterly credit losses provision increased from Mar. 2019 ($0.1 Mil) to Jun. 2019 ($1.2 Mil) but then declined from Jun. 2019 ($1.2 Mil) to Sep. 2019 ($0.8 Mil).
Peapack Gladstone Financial's annual credit losses provision declined from Dec. 2016 ($7.5 Mil) to Dec. 2017 ($5.9 Mil) and declined from Dec. 2017 ($5.9 Mil) to Dec. 2018 ($3.6 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2019 was 1.5 (Dec. 2018 ) + 0.1 (Mar. 2019 ) + 1.15 (Jun. 2019 ) + 0.8 (Sep. 2019 ) = $3.6 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
No Headline