Peapack-Gladstone Financial Corp. (PGC)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
$45.62-0.70%
Close 2026-09-09 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
Broken: Primary pillar broken — Revenue growth of at least 14% in next 12 months: rev +12.8% vs 14%.
Peapack-Gladstone Financial grows net income from $12.2M to $14.2M in Q1 2026. The company guides EPS of $2.10 for 2026, showing steady profit growth. It raised $30M via preferred stock to strengthen its balance sheet. Analysts expect about 14% revenue growth, supporting durable earnings.
Profit growth could stall if net income fails to rise beyond recent levels. EPS guidance of $2.10 might be missed if operational challenges arise. The private placement could signal capital needs that pressure returns.
The price is about 10% above our fair value near $43 and 21% below the Street median of $54. Analysts expect 14% revenue growth, which aligns with our view, but the market is slightly rich versus our model.
Breaks if: failure to raise $30 million through private placement by 2026-Q1
Breaks if: EPS guidance falls below $2.10 for 2026
Breaks if: net income falls below $14.15 million in 2026-Q1
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable growth story with a focus on private banking. The current thesis state reflects a medium confidence level, with management executing on key priorities but facing recent mixed financial results.
The market appears to have priced in a neutral valuation compared to peers, indicating a justified position. There is a slight expectations gap, suggesting that the market may not fully account for potential growth in the financial sector.
Management is on track with priorities like revenue growth and disciplined capital management. However, there is a moderate risk of missing earnings expectations, especially given the company's recent performance history.
The thesis hinges on the performance of sector bellwethers and PGC's ability to maintain guidance. Positive momentum in the financial sector could support PGC, while any guidance cuts could lead to negative sentiment.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The earnings call highlights confirm growth in net income. However, the latest earnings report showed a miss on expectations.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Drive net income growth through revenue expansion, operating leverage, and disciplined credit management.
Stated as a priority in 2 of last 2 quarters. Net income doubled from $7.9M in 2025-Q2 to $15.8M in 2026-Q2, with an 11% increase linked quarter. Management's statements and financial results show delivering sustained net income growth.
“Net income available to common shareholders of $15.8 million, up 11% linked quarter and 100% year-over-year.”
“Net income of $14.2 million, up 16% over prior quarter and 86% over first quarter 2025.”
Breaks if: revenue growth falls below 14% in next 12 months
Over the next 1 to 3 years, PGC's trajectory will depend on both internal execution and external sector conditions. Not investment advice.