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Peapack-Gladstone (PGC) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, Peapack-Gladstone (PGC - Free Report) reported revenue of $86.05 million, up 23.4% over the same period last year. EPS came in at $0.85, compared to $0.45 in the year-ago quarter.
The reported revenue represents a surprise of +0.24% over the Zacks Consensus Estimate of $85.84 million. With the consensus EPS estimate being $0.87, the EPS surprise was -2.3%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Peapack-Gladstone performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 64.7% compared to the 64.9% average estimate based on three analysts.
Net interest margin: 3.3% compared to the 3.3% average estimate based on three analysts.
Average Balance - Total interest-earning assets: $7.76 billion compared to the $7.81 billion average estimate based on two analysts.
Total Noninterest Income: $22.13 million versus the three-analyst average estimate of $22.16 million.
Wealth management fee income: $17.22 million versus $16.83 million estimated by two analysts on average.
Service Charges and Fees: $1.39 million versus the two-analyst average estimate of $1.36 million.
Net Interest Income (FTE): $64.14 million compared to the $63.85 million average estimate based on two analysts.
Net Interest Income: $63.92 million compared to the $63.52 million average estimate based on two analysts.
Shares of Peapack-Gladstone have returned -3.4% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Peapack-Gladstone (PGC) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, Peapack-Gladstone (PGC - Free Report) reported revenue of $86.05 million, up 23.4% over the same period last year. EPS came in at $0.85, compared to $0.45 in the year-ago quarter.
The reported revenue represents a surprise of +0.24% over the Zacks Consensus Estimate of $85.84 million. With the consensus EPS estimate being $0.87, the EPS surprise was -2.3%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Peapack-Gladstone performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Peapack-Gladstone here>>>
Shares of Peapack-Gladstone have returned -3.4% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.