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Peapack-Gladstone Financial PGC Due To Correspondent Brokers

Due To Correspondent Brokers at other companies

Angel Oak Mortgage logo
Angel Oak MortgageAOMR
$129.36M-57.3%
Piper Sandler logo
Piper SandlerPIPR
$2M-67.4%
Two Harbors Investment Corporation logo
Two Harbors Investment CorporationTWO
$196.48M-49.4%
Peapack-Gladstone Financial logo
Peapack-Gladstone FinancialPGC
$9.64M
Icahn Enterprises logo
Icahn EnterprisesIEP
$388M-15.5%
Icahn Enterprises logo
Icahn EnterprisesIEP
$378M-18.9%

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:DueToCorrespondentBrokers.

The source filing: Peapack-Gladstone Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:46 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-339645
Line itemJune 30, 2026Dec 31, 2025
Finance lease liabilities1,1031,186
Operating lease liabilities41,49343,294
Subordinated debt, net99,030
Due to brokers9,642
Accrued expenses and other liabilities69,81762,447
TOTAL LIABILITIES7,254,5086,868,203
SHAREHOLDERS’ EQUITY
Preferred stock (no par value; authorized 500,000 shares; issued 30,000 shares; liquidation preference of $1,000 per share)30,000

Item 1. Financial Statements

FAQ

What is Peapack-Gladstone Financial's due to correspondent brokers?
Peapack-Gladstone Financial (PGC) reported due to correspondent brokers of $9.64M in Q2 2026.
What does due to correspondent brokers mean?
This metric represents the outstanding obligations owed by the bank to other financial institutions or brokers for services rendered or transactions cleared. It reflects the bank's operational liabilities within the interbank and brokerage network. Tracking these balances provides insight into the bank's short-term operational leverage and counterparty relationships.

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