Peapack-Gladstone Financial (PGC) Tops Q3 EPS by 3c
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Peapack-Gladstone Financial Corporation Reports Another Quarter of Strong Results
October 28, 2015 4:20 PM EDTBEDMINSTER, NJ -- (Marketwired) -- 10/28/15 -- Peapack-Gladstone Financial Corporation (NASDAQ: PGC) (the "Corporation" or the "Company") recorded net income of $15.63 million and diluted earnings per share of $1.02 for the nine months ended September 30, 2015, compared to $10.68 million and $0.90, respectively, for the same nine month period last year, reflecting growth of 46 percent and 13 percent, respectively. The Company's provision for loan losses for the nine months of 2015 of $5.15 million reflected an increase of $1.53 million from the $3.63 million for the same 2014 period.
For the quarter ended September 30, 2015, the Corporation recorded net income of $5.38 million and diluted earnings... More
