Filing Flows › Peapack Gladstone Financial (PGC) › Q4 2025
Peapack Gladstone Financial (PGC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 11, 2026
Peapack Gladstone Financial (PGC) reported revenue of $78.2M for the fourth quarter 2025 (Q4 2025), +26% from a year earlier and +11% from the quarter before. Operating margin was 21.7%, net earnings $12.2M (15.5% of revenue).
Peapack Gladstone Financial, Q4 2025: revenue $78.2M (+26% year over year), operating margin 21.7%, net earnings $12.2M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $78.2M | +11% | +26% |
| Operating profit | $17.0M | +25% | +39% |
| Net earnings | $12.2M | +26% | +32% |
| Operating cash flow | −$1.1M | -103% | — |
What changed
Revenue was $78.2M in Q4 2025, up 26% year over year and up 11% from the previous quarter. Banking Segment was the largest line at 79% of revenue.
Operating profit was $17.0M, a 21.7% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 29% reached operating profit, above the 20% margin then. Total costs grew 23% against revenue growth of 26%. Net earnings were $12.2M, up 32% year over year. The effective tax rate was 28.4%.
Operating cash flow was −$1.1M. Non-cash charges added back $1.4M of depreciation and amortization. Working capital and other items used $14.7M. Capital expenditures of $2.5M exceeded it, leaving free cash flow of −$3.6M.
Questions
What was Peapack Gladstone Financial's revenue in the fourth quarter 2025?
Peapack Gladstone Financial (PGC) reported revenue of $78.2M for the fourth quarter 2025 (Q4 2025), +26% from a year earlier and +11% from the quarter before.
Was Peapack Gladstone Financial profitable in the fourth quarter 2025?
Operating profit was $17.0M (21.7% of revenue) and net earnings $12.2M.