Peapack Historical Income Statement

PGC Stock  USD 36.37  0.61  1.71%   
Historical analysis of Peapack Gladstone income statement accounts such as Gross Profit of 72.5 M, Other Operating Expenses of 282 M, Total Operating Expenses of 155.7 M or Income Before Tax of 85.4 M can show how well Peapack Gladstone Financial performed in making a profits. Evaluating Peapack Gladstone income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Peapack Gladstone's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Peapack Gladstone latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Peapack Gladstone is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Peapack Income Statement Analysis

Peapack Gladstone Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Peapack Gladstone shareholders. The income statement also shows Peapack investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Peapack Gladstone Income Statement Chart

At present, Peapack Gladstone's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 241.2 M, whereas Depreciation And Amortization is forecasted to decline to about 3.4 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Peapack Gladstone generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Peapack Gladstone Financial minus its cost of goods sold. It is profit before Peapack Gladstone operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Peapack Gladstone. It is also known as Peapack Gladstone overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Peapack Gladstone's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Peapack Gladstone current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At present, Peapack Gladstone's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 241.2 M, whereas Depreciation And Amortization is forecasted to decline to about 3.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense22.0M35.8M147.9M155.3M
Depreciation And Amortization4.8M5.0M5.0M3.4M

Peapack Gladstone income statement Correlations

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Peapack Gladstone Account Relationship Matchups

Peapack Gladstone income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization4.2M4.4M4.8M5.0M5.0M3.4M
Interest Expense60.4M38.1M22.0M35.8M147.9M155.3M
Selling General Administrative70.4M79.5M83.9M91.4M104.7M109.9M
Total Revenue175.0M189.4M210.3M242.5M229.7M241.2M
Gross Profit140.5M153.1M170.3M200.8M109.4M72.5M
Other Operating Expenses108.8M157.4M132.6M133.8M268.6M282.0M
Operating Income66.1M32.0M77.7M138.1M(38.9M)(36.9M)
Ebit66.1M32.0M(10.9M)31.3M(38.9M)(36.9M)
Ebitda70.3M36.4M(6.1M)36.4M(38.9M)(36.9M)
Total Operating Expenses(108.8M)(157.4M)(132.6M)133.8M148.3M155.7M
Income Before Tax66.1M32.0M77.7M102.3M81.4M85.4M
Total Other Income Expense Net24.7M(488K)(25.4M)(23.7M)120.3M126.3M
Net Income47.4M26.2M56.6M74.2M48.9M51.3M
Income Tax Expense18.7M5.8M21.0M28.1M18.4M19.3M
Cost Of Revenue34.4M36.3M40.0M41.7M120.3M126.3M
Net Income Applicable To Common Shares47.4M26.2M56.6M74.2M85.4M89.7M
Selling And Marketing Expenses1.4M1.6M1.3M1.9M1.9M1.2M
Net Income From Continuing Ops47.4M26.2M56.6M74.2M60.8M37.1M
Tax Provision18.7M5.8M21.0M28.1M24.3M19.3M
Net Interest Income120.3M127.6M138.1M176.1M167.5M138.9M
Interest Income180.7M165.8M160.1M211.9M288.0M185.9M
Reconciled Depreciation4.2M4.4M4.8M5.0M5.1M4.9M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Peapack Gladstone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peapack Gladstone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peapack Gladstone Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peapack Gladstone Financial Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peapack Gladstone Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Peapack Gladstone. If investors know Peapack will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Peapack Gladstone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.2
Earnings Share
1.82
Revenue Per Share
11.842
Quarterly Revenue Growth
0.108
The market value of Peapack Gladstone is measured differently than its book value, which is the value of Peapack that is recorded on the company's balance sheet. Investors also form their own opinion of Peapack Gladstone's value that differs from its market value or its book value, called intrinsic value, which is Peapack Gladstone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Peapack Gladstone's market value can be influenced by many factors that don't directly affect Peapack Gladstone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Peapack Gladstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peapack Gladstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peapack Gladstone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.