Peapack-Gladstone Financial Corporation

Peapack-Gladstone Financial Corporation reported FY 2025 net income of $37.3 million on total interest income of $362.5 million and total other income of $82.1 million. Net interest income before provision for credit losses was $200.9 million, with a provision for credit losses of $23.5 million. The company generated $43.1 million in net cash from operating activities, while investing activities used $735.8 million primarily for loan growth ($768.1 million net increase) and securities purchases. Financing activities provided $489.1 million, driven by a $460.0 million net increase in deposits. The balance sheet shows total assets of $7.53 billion, total liabilities of $6.87 billion, and shareholders' equity of $658.2 million. Earnings per share were $2.00 basic and diluted. No prior period data is provided for year-over-year comparisons.

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