Curated News
By: NewsRamp Editorial Staff
January 29, 2026

Peapack-Gladstone Reports Strong Q4 2025 Results with 26% Income Growth

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TLDR

  • Peapack-Gladstone Financial's Q4 2025 results show a 26% quarterly EPS increase to $0.69, offering investors strong growth and profitability.
  • The company's net interest margin expanded to 3.08% in Q4 2025 through disciplined deposit pricing and loan growth at a 6.60% average coupon.
  • Peapack Private's expansion and stable wealth management services support client legacies and community financial health in metro New York.
  • Peapack-Gladstone grew its wealth management assets to a record $13.1 billion while reducing nonperforming assets by 19% in Q4 2025.

Impact - Why it Matters

This financial performance demonstrates the resilience and strategic positioning of regional banking institutions in a competitive market environment. For investors, Peapack-Gladstone's consistent growth in net interest income, expanding net interest margin, and strong deposit growth signal effective management of interest rate risk and funding costs. The company's focus on transforming its deposit base toward lower-cost core relationships provides a sustainable competitive advantage, particularly important as banks navigate evolving monetary policy conditions. For the broader financial sector, Peapack-Gladstone's success with its private banking model and wealth management franchise shows how regional banks can differentiate themselves from larger institutions through specialized services and relationship banking. The company's expansion into New York City markets while maintaining asset quality discipline offers insights into growth strategies for regional banks seeking to expand their geographic footprint without compromising credit standards.

Summary

Peapack-Gladstone Financial Corporation (NASDAQ: PGC), the holding company for Peapack Private Bank & Trust, announced robust fourth quarter 2025 financial results, demonstrating significant growth across key metrics. The company reported net income of $12.2 million for Q4 2025, a 26% increase from the previous quarter, with diluted earnings per share rising to $0.69. For the full year, net income grew 13% to $37.3 million, or $2.10 per share. President and CEO Douglas L. Kennedy highlighted the company's ability to deliver earnings growth while making strategic investments, noting that strong core deposit growth and disciplined pricing have driven eight consecutive quarters of net interest income expansion.

The company's balance sheet showed impressive strength, with total deposits growing by $460 million (8%) to $6.6 billion and total loans increasing by $738 million (13%) to $6.3 billion during 2025. Particularly noteworthy was the 28% growth in noninterest-bearing deposits, which reached $316 million for the year. The net interest margin expanded significantly to 3.08% in Q4 2025, up from 2.81% in Q3 2025 and 2.46% in Q4 2024. The wealth management division, a $13 billion franchise, saw assets under management and administration grow by $1.2 billion to $13.1 billion, contributing $16.1 million in fee income during the quarter. Additional details are available on the company's website at www.peapackprivate.com and through NEWMEDIAWIRE.

Despite increased provisions for credit losses related to specific problem loans, the company maintained strong capital ratios well above regulatory requirements, with tangible book value per share increasing 10% to $34.99. The company's expansion into New York City and Long Island markets contributed to higher operating expenses but also drove growth in core relationship deposits. Asset quality showed improvement, with nonperforming assets decreasing to $68.2 million (0.91% of total assets) from $84.1 million in the previous quarter. The company declared a cash dividend of $0.05 per share payable in February 2026, reflecting confidence in its financial position and ongoing transformation of its deposit base.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Peapack-Gladstone Reports Strong Q4 2025 Results with 26% Income Growth

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