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1 Comment
Peapack-Gladstone Financial Corporation is currently in a long term uptrend where the price is trading 14.5% above its 200 day moving average.
From a valuation standpoint, the stock is 65.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.1.
Peapack-Gladstone Financial Corporation's total revenue sank by 0.6% to $46M since the same quarter in the previous year.
Its net income has dropped by 75.2% to $3M since the same quarter in the previous year.
Finally, its free cash flow fell by 7.5% to $17M since the same quarter in the previous year.
Based on the above factors, Peapack-Gladstone Financial Corporation gets an overall score of 2/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US7046991078 |
Sector | Financial Services |
Industry | Banks - Regional |
Market Cap | 488M |
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PE Ratio | 15.28 |
Beta | 0.82 |
Target Price | 36 |
Dividend Yield | 0.7% |
Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Wealth Management. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers corporate and industrial (C&I) lending and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management, C&I advisory, escrow management, deposit generation, and investment management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; wealth management clients include individuals, families, foundations, endowments, trusts, and estates; and commercial loan clients include business owners, professionals, retailers, contractors, and real estate investors. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.
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