Peapack-Gladstone Financial Corporation (PGC) 股票分析

公司概述

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust, delivering private banking and wealth management services across the United States through its dual segments of Banking and Wealth Management. The firm functions within the Financial Services sector, specifically categorized under the Banks - Regional industry, which typically serves localized markets with tailored financial solutions rather than broad national distribution. This entity employs a workforce of 682 individuals to support its operational capabilities and client service requirements. The company's market capitalization stands at $669.17M, while its Trailing Twelve Months (TTM) revenue reached $258.59M, indicating a regional financial institution with a moderate scale relative to the broader banking landscape.

财务健康

The company reported TTM revenue of $258.59M and generated net income of $37.33M, though EBITDA data is not available in the current reporting period. The substantial difference between the revenue figure of $258.59M and the net income of $37.33M reveals a cost structure where non-interest expenses, including salaries, overhead, and provisions for loan losses, consume approximately 85.6% of total revenue. While free cash flow metrics are not disclosed, the analysis of financial flexibility must rely on the reported cash balance of $198.10M held on the balance sheet. The gross margin is recorded at 0.0%, a standard characteristic for financial institutions where the primary revenue stream is interest income rather than the sale of physical goods. The operating margin stands at 25.4%, reflecting efficient control over administrative costs relative to revenue, while the profit margin of 14.4% indicates the final portion of revenue retained after all expenses. Total debt of $224.62M is compared against a cash position of $198.10M, showing that liquidity reserves cover a significant portion of obligations, although a specific debt-to-equity ratio is not provided in the available data. The current ratio is not available for calculation, meaning short-term liquidity relative to short-term liabilities cannot be quantified directly from the provided figures. Return on Equity is measured at 5.9%, which reflects the efficiency of management in generating profits from shareholders' capital, while the Return on Assets stands at 0.5%, indicating the low-yield nature typical of asset-heavy banking models where assets primarily consist of loans and securities.

估值评估

The Trailing Twelve Months P/E ratio is 18.00, whereas the Forward P/E is significantly lower at 8.08, implying that the market expects earnings to increase substantially in the coming year or that current earnings are depressed relative to future expectations. The Price to Book ratio is exactly 1.00, suggesting that the stock trades at par with its book value, indicating no market premium or discount relative to the net asset value of the company. The Price to Sales ratio is 2.59, and the EV/EBITDA is listed as N/A, providing alternative perspectives on valuation that focus on revenue generation rather than earnings or cash flow multiples. The 52-week high price was $38.29 and the 52-week low was $23.96, and without a specific current price in the source data, the exact percentage deviation from the high or low cannot be calculated, but the range demonstrates a volatility span of roughly $14.33 over the past year. The Beta is 0.63, which indicates that the stock's price volatility is significantly lower than the broader market, suggesting a defensive characteristic often found in regional banks that may move less than the overall market index during periods of fluctuation.

Growth & Income

Revenue growth on a year-over-year basis is 16.3%, while earnings growth is 31.1%, demonstrating that profitability is expanding at a rate nearly double that of revenue generation. This divergence implies that the company is successfully leveraging its top-line growth into higher margins, potentially through economies of scale or improved pricing power in its wealth management division. The company offers a dividend yield of 0.5% with a payout ratio of 9.5%, indicating that the dividend is highly sustainable as it requires only a small fraction of net income to be distributed to shareholders. Given the low payout ratio and strong earnings growth, the company retains the majority of its profits to reinvest in organic growth initiatives, loan portfolios, and capital expansion rather than relying heavily on dividend payouts. The overall growth and income profile characterizes Peapack-Gladstone as a regionally focused financial services firm delivering double-digit earnings expansion while maintaining a conservative and sustainable dividend policy relative to its earnings capacity.