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Peapack-Gladstone Financial PGC Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Writeoff

Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Writeoff at other companies

ACNB logo
ACNBACNB
$0-100%
Independent Bank Corp logo
Independent Bank CorpINDB
$191K
Peapack-Gladstone Financial logo
Peapack-Gladstone FinancialPGC
$0-100%
NBT
NBT BancorpNBTB
$573K+19.1%
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$0
ACNB logo
ACNBACNB
$0-100%

Other financials

Income statement

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Revenue$86.1M+23.4%
Net income$16.0M+101%
EPS (diluted)$0.86+91.1%

Balance sheet

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Cash & equivalents$253.9M-19.6%
Total debt$117.5M+173%
Total equity$715.8M+13.7%
Total assets$8.0B+10.7%

Cash flow

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Operating cash flow$51.2M+221%
CapEx$2.6M-56.2%
Free cash flow$48.6M

Valuation

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Market cap$814.87M+85.6%
Enterprise value$678.42M+308%
P/E15.7×+2.1×
P/S2.6×+0.8×

Profitability

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Net margin16.4%+3.5pp
FCF margin14.2%-6.9pp

Returns & leverage

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Return on equity7.7%+2.4pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Peapack-Gladstone Financial in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff.

The source filing: Peapack-Gladstone Financial’s 10-Q, filed May 9, 2025.

Filed
May 9, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0000950170-25-067615
(In thousands) / Current period gross charge-offs2025 / —2024 / —2023 / —2022 / —2021 / —2020 / and Prior / —Revolving / —Revolving- / Term / —Total / —
Current period gross charge-offs4711
Total:
Pass324,411621,684421,774888,586974,7621,384,594788,409124,1535,528,373
Special mention21022,48222,63021,8646,7611,30175,248
Substandard10,2893,75042,2527,24755,4559,88513,395142,273
Doubtful
Total Loans$$324,411$631,973$425,734$953,320$1,004,639$1,461,913$805,055$138,8495,745,894
Total Current Period Gross Charge-offs$1,858$446$49$72,360

Item 1. Financial Statements

FAQ

What is Peapack-Gladstone Financial's financing receivable, year two, originated, fiscal year before current fiscal year, writeoff?
Peapack-Gladstone Financial (PGC) reported financing receivable, year two, originated, fiscal year before current fiscal year, writeoff of $0 in Q1 2025.
How has Peapack-Gladstone Financial's financing receivable, year two, originated, fiscal year before current fiscal year, writeoff changed year-over-year?
Peapack-Gladstone Financial's financing receivable, year two, originated, fiscal year before current fiscal year, writeoff decreased by 100.0% year-over-year, from $10.75K to $0.
What does financing receivable, year two, originated, fiscal year before current fiscal year, writeoff mean?
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Writeoff as reported by Peapack-Gladstone Financial Corp.

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