Filing Flows › Peapack Gladstone Financial (PGC) › Q2 2026
Peapack Gladstone Financial (PGC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Peapack Gladstone Financial (PGC) reported revenue of $86.1M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +4% from the quarter before. Operating margin was 25.9%, net earnings $16.0M (18.6% of revenue).
Peapack Gladstone Financial, Q2 2026: revenue $86.1M (+23% year over year), operating margin 25.9%, net earnings $16.0M, operating cash flow $51.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $86.1M | +4% | +23% |
| Operating profit | $22.3M | +13% | +98% |
| Net earnings | $16.0M | +13% | +101% |
| Operating cash flow | $51.2M | +108% | +221% |
| Free cash flow | $48.6M | +109% | +389% |
What changed
Revenue was $86.1M in Q2 2026, up 23% year over year and up 4% from the previous quarter. Banking Segment was the largest line at 79% of revenue. Banking Segment added $15.2M year over year (up 29%), 93% of the total change.
Operating profit was $22.3M, a 25.9% margin (up 9.8 points year over year). Of the extra revenue versus Q2 2025, 68% reached operating profit, above the 16% margin then. Total costs grew 9% against revenue growth of 23%. Net earnings were $16.0M, up 101% year over year. The effective tax rate was 28.4%.
Operating cash flow was $51.2M (up 221% year over year), 321% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization. Working capital and other items added $33.8M. Capital expenditures of $2.6M left free cash flow of $48.6M.
Questions
What was Peapack Gladstone Financial's revenue in the second quarter 2026?
Peapack Gladstone Financial (PGC) reported revenue of $86.1M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +4% from the quarter before.
Was Peapack Gladstone Financial profitable in the second quarter 2026?
Operating profit was $22.3M (25.9% of revenue) and net earnings $16.0M.