Peapack-Gladstone Financial PGC Proceeds From Sale Of Loans Held For Sale
Proceeds From Sale Of Loans Held For Sale at other companies
Other financials
Where this comes from
Reported directly by Peapack-Gladstone Financial in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfLoansHeldForSale.
The official record: Peapack-Gladstone Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Peapack-Gladstone Financial's proceeds from sale of loans held for sale?
- Peapack-Gladstone Financial (PGC) reported proceeds from sale of loans held for sale of $9.65M in Q1 2026.
- How has Peapack-Gladstone Financial's proceeds from sale of loans held for sale changed year-over-year?
- Peapack-Gladstone Financial's proceeds from sale of loans held for sale increased by 27.1% year-over-year, from $7.59M to $9.65M.
- What is the long-term trend for Peapack-Gladstone Financial's proceeds from sale of loans held for sale?
- Over 4 years (2021 to 2025), Peapack-Gladstone Financial's proceeds from sale of loans held for sale has grown at a -35.7% compound annual growth rate (CAGR), from $171.34M to $29.22M.
- What does proceeds from sale of loans held for sale mean?
- This represents the cash inflows received from the sale of loans that were specifically originated or acquired for resale in the secondary market. It serves as a key indicator of the bank's mortgage banking or loan brokerage activity volume. High proceeds suggest an active secondary market strategy, which generates fee-based income for the institution.