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Peapack-Gladstone Q2 FY26 net income available to common shareholders rises 89% year over year to $15.8 million; revenue climbs 23% to $86.1 million
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Peapack-Gladstone Q2 FY26 net income available to common shareholders rises 89% year over year to $15.8 million; revenue climbs 23% to $86.1 million
  • Peapack-Gladstone Financial posted Q2 2026 net income available to common shareholders of $15.8 million, up 11% from Q1; EPS rose to $0.85.
  • Revenue climbed 23% year-over-year to $86.1 million; net interest income rose 32% to $63.9 million, lifting net interest margin 55 basis points to 3.32%.
  • Operating expenses increased 7% year-over-year to $55.7 million; pre-provision net revenue jumped about 70% to $30.4 million, with GAAP efficiency ratio at 65%.
  • Total loans grew to $6.7 billion, up $854 million year-over-year; deposits rose to $7.1 billion, up $694 million year-over-year.
  • Issued the remaining $20 million of a $50 million 6% non-cumulative perpetual convertible preferred stock commitment on July 24 to support growth and capital flexibility.


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 via GlobeNewswire (Ref. ID: 202607271630PRIMZONEFULLFEED9798726) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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