Peapack-Gladstone Financial Corporation posted a 24% increase in total revenue to $87.5 million in Q3 2026, driven by a 33% rise in net interest income and expanded net interest margin. Net income available to common shareholders surged 83% year-over-year to $18.5 million, or $0.99 per diluted share, supported by disciplined expense management and strong loan and deposit growth. The bank's total loans reached $7.1 billion and deposits $7.4 billion, reflecting successful execution of its private banking strategy in the New York metropolitan area. Management remains confident in continued growth and profitability, emphasizing credit discipline and operational efficiency.
Peapack-Gladstone Financial Corporation's Q3 2026 results provide context for readers interested in financial sector performance. For readers following Financials, here is Pluang's market snapshot as of Oct 28, 2026 03:12 WIB: out of 142 priced US Financials stocks, 78 rose and 63 fell. Notable movers include GLXY at USD 17.20 with a 9.69% increase, BTBT at USD 0.91 with a 9.04% rise and a buy majority in Pluang orders, and PURR at USD 9.85 gaining 8.60% with all Pluang orders on the buy side.
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