Peapack-Gladstone Financial Corporation reported net income of $9.6 million for the third quarter ended September 30, 2025, up 21% from $7.9 million in the previous quarter. Net interest income for the first nine months of 2025 was $144.37 million, a 35% increase compared to $107.10 million for the same period in 2024. Deposits grew by $433 million, or 7%, over the last twelve months. Book value per share rose 6% to $36.62 at September 30, 2025, from $34.45 at December 31, 2024. The Tier 1 Leverage Ratio was 9.89% for the Bank and 8.86% for the Company. The Common Equity Tier 1 Ratio was 11.70% for the Bank and 10.47% for the Company as of September 30, 2025. The company declared a cash dividend of $0.05 per share, payable on November 28, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peapack-Gladstone Financial Corporation published the original content used to generate this news brief on October 22, 2025, and is solely responsible for the information contained therein.
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