During the past 12 months, Peapack Gladstone Financial's average Total Assets Growth Rate was -0.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.50% per year.
During the past 13 years, Peapack Gladstone Financial's highest 3-Year average Total Assets Growth Rate was 35.60%. The lowest was -4.60%. And the median was 10.00%.
* 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.
Peapack Gladstone Financial Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
* 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.
Peapack Gladstone Financial (FRA:45V) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Peapack Gladstone Financial's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Peapack Gladstone Financial Total Assets Related Terms
Thank you for viewing the detailed overview of Peapack Gladstone Financial's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Peapack Gladstone Financial (FRA:45V) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:45V has been successfully added to your 