PGCPEAPACK GLADSTONE FINANCIAL CORP
Commercial Banks, NEC
- Revenue
- $283M
- 24% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $803M
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- 1.8
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo116% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo21% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentYes70% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo1.8 per 10K words · 53rd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$803M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$289K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $210M | $242M | $230M | $228M | $283M | 24% |
| Net income | $57M | $74M | $49M | $33M | $37M | 13% |
| Operating cash flow | $75M | $119M | $70M | $71M | $43M | 39% |
| Capex | $4M | $4M | $3M | $8M | $14M | 77% |
| Buybacks | $29M | $33M | $12M | $7M | $5M | 24% |
| Dividends | $4M | $4M | $4M | $4M | $4M | 0.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $549K · 3
- Open-market sells, 12 mo
- $838K · 8
- Net
- −$289K
Pay vs performance
No pay-versus-performance disclosure yet.