Peapack-Gladstone Financial Corporation (PGC) reported third-quarter 2026 revenue of $87.5 million, up 24% from a year earlier. GAAP net income was $18.9 million, while net income available to common shareholders was $18.5 million, or $0.99 per diluted share.
Net interest income rose 33% year over year to $67.5 million, and net interest margin expanded to 3.34%. Total loans reached $7.1 billion and deposits totaled $7.4 billion at September 30, 2026.
- Total revenue was $87.488 million, compared with $70.694 million in the third quarter of 2025.
- GAAP basic EPS was $1.04 and diluted EPS was $0.99.
- Operating expenses were $55.1 million, down 1% from the linked quarter.
- The GAAP efficiency ratio improved to 63.03%.
- Nonperforming assets declined to $57.8 million, or 0.68% of total assets.
$PGC Insider Trading Activity
$PGC insiders have traded $PGC stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $PGC stock by insiders over the last 6 months:
- JOHN P BABCOCK (SEVP & Pres of Priv Wealth Mgt) sold 5,000 shares for an estimated $235,532
- FRANCESCO S ROSSI (SVP/Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,484 shares for an estimated $113,060.
- MAUREEN HEMHAUSER (EVP & Chief Risk Officer) sold 2,297 shares for an estimated $104,109
- ANTHONY W. SPINELLI sold 2,000 shares for an estimated $89,260
- GREGORY MARTIN SMITH (SEVP, President Comml Banking) sold 1,250 shares for an estimated $55,824
- LISA CHALKAN (EVP, Chief Credit Officer) sold 1,100 shares for an estimated $52,360
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PGC Hedge Fund Activity
We have seen 84 institutional investors add shares of $PGC stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BASSWOOD CAPITAL MANAGEMENT, L.L.C. added 291,105 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,777,999
- JPMORGAN CHASE & CO added 254,146 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,028,730
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 220,120 shares (+563.0%) to their portfolio in Q2 2026, for an estimated $10,418,279
- PEAPACK GLADSTONE FINANCIAL CORP removed 146,167 shares (-29.6%) from their portfolio in Q2 2026, for an estimated $6,918,084
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 132,779 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,284,430
- ACADIAN ASSET MANAGEMENT LLC added 129,397 shares (+74.8%) to their portfolio in Q2 2026, for an estimated $6,124,360
- BLACKROCK, INC. added 125,923 shares (+8.6%) to their portfolio in Q2 2026, for an estimated $5,959,935
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
