Filing Flows › Peapack Gladstone Financial (PGC) › Q3 2026
Peapack Gladstone Financial (PGC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Peapack Gladstone Financial (PGC) reported revenue of $87.5M for the third quarter 2026 (Q3 2026), +24% from a year earlier and +2% from the quarter before. Operating margin was 27.3%, net earnings $18.9M (21.7% of revenue).
Peapack Gladstone Financial, Q3 2026: revenue $87.5M (+24% year over year), operating margin 27.3%, net earnings $18.9M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.5M | +2% | +24% |
| Operating profit | $23.8M | +7% | +75% |
| Net earnings | $18.9M | +19% | +97% |
| Operating cash flow | −$3.8M | -107% | -110% |
What changed
Revenue was $87.5M in Q3 2026, up 24% year over year and up 2% from the previous quarter. Banking Segment was the largest line at 80% of revenue. Banking Segment added $15.4M year over year (up 28%), 92% of the total change.
Operating profit was $23.8M, a 27.3% margin (up 8.0 points year over year). Of the extra revenue versus Q3 2025, 61% reached operating profit, above the 19% margin then. Total costs grew 11% against revenue growth of 24%. Net earnings were $18.9M, up 97% year over year. The effective tax rate was 20.5%.
Operating cash flow was −$3.8M. Non-cash charges added back $1.5M of depreciation and amortization. Working capital and other items used $24.2M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$6.2M.
Questions
What was Peapack Gladstone Financial's revenue in the third quarter 2026?
Peapack Gladstone Financial (PGC) reported revenue of $87.5M for the third quarter 2026 (Q3 2026), +24% from a year earlier and +2% from the quarter before.
Was Peapack Gladstone Financial profitable in the third quarter 2026?
Operating profit was $23.8M (27.3% of revenue) and net earnings $18.9M.