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Peapack-Gladstone Financial PGC Proceeds From Sale Of Loans Held For Sale

Proceeds From Sale Of Loans Held For Sale at other companies

Valley National Bank logo
Valley National BankVLY
$40.98M-13.0%
Provident Financial Services logo
Provident Financial ServicesPFS
$18.41M+73.0%
Atlantic Union Bankshares logo
Atlantic Union BanksharesAUB
$87.42M+99.6%
Lakeland Financial logo
Lakeland FinancialLKFN
$4.82M+61.5%
First Financial Bancorp logo
First Financial BancorpFFBC
$562.75M+542%
NB Bancorp, Inc. logo
NB Bancorp, Inc.NBBK

Other financials

Income statement

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Revenue$82.5M+28.2%
Net income$14.2M+86.3%
EPS (diluted)$0.80+86.0%

Balance sheet

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Cash & equivalents$253.4M+9.3%
Total debt$106.4M+140%
Total equity$699.2M+12.4%
Total assets$7.7B+8.1%

Cash flow

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Operating cash flow$24.6M+412%
CapEx$1.3M-64.1%
Free cash flow$23.3M+303%

Valuation

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Market cap$820.01M+74.4%
Enterprise value$673.03M+138%
P/E18.7×+4.0×
P/S2.7×+0.8×

Profitability

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Net margin14.6%+1.2pp
FCF margin14.2%-6.9pp

Returns & leverage

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Return on equity6.6%+1.3pp
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: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.