Filing Flows › Peapack Gladstone Financial (PGC) › Q3 2025
Peapack Gladstone Financial (PGC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Peapack Gladstone Financial (PGC) reported revenue of $70.7M for the third quarter 2025 (Q3 2025), +25% from a year earlier and +1% from the quarter before. Operating margin was 19.2%, net earnings $9.6M (13.6% of revenue).
Peapack Gladstone Financial, Q3 2025: revenue $70.7M (+25% year over year), operating margin 19.2%, net earnings $9.6M, operating cash flow $36.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.7M | +1% | +25% |
| Operating profit | $13.6M | +21% | +27% |
| Net earnings | $9.6M | +21% | +27% |
| Operating cash flow | $36.2M | +127% | +47% |
| Free cash flow | $34.0M | +242% | +48% |
What changed
Revenue was $70.7M in Q3 2025, up 25% year over year and up 1% from the previous quarter. Banking Segment was the largest line at 77% of revenue. Banking Segment added $13.5M year over year (up 33%), 96% of the total change.
Operating profit was $13.6M, a 19.2% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 19% margin then. Total costs grew 24% against revenue growth of 25%. Net earnings were $9.6M, up 27% year over year. The effective tax rate was 29.2%.
Operating cash flow was $36.2M (up 47% year over year), 376% of net earnings. Non-cash charges added back $1.3M of depreciation and amortization. Working capital and other items added $25.2M. Capital expenditures of $2.2M left free cash flow of $34.0M.
Questions
What was Peapack Gladstone Financial's revenue in the third quarter 2025?
Peapack Gladstone Financial (PGC) reported revenue of $70.7M for the third quarter 2025 (Q3 2025), +25% from a year earlier and +1% from the quarter before.
Was Peapack Gladstone Financial profitable in the third quarter 2025?
Operating profit was $13.6M (19.2% of revenue) and net earnings $9.6M.