Peapack-Gladstone Financial First Quarter 2025 Earnings: EPS Misses Expectations

Peapack-Gladstone Financial (NASDAQ:PGC) First Quarter 2025 Results

Key Financial Results

• Revenue: US$59.9m (up 14% from 1Q 2024).
• Net income: US$7.60m (down 12% from 1Q 2024).
• Profit margin: 13% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses.
• EPS: US$0.43 (down from US$0.49 in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Peapack-Gladstone Financial EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Peapack-Gladstone Financial, and understanding it should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.