Peapack-Gladstone Financial (PGC) Declares $0.05 Quarterly Dividend; 0.6% Yield

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Go back to Peapack-Gladstone Financial (PGC) Declares $0.05 Quarterly Dividend; 0.6% Yield

Peapack-Gladstone Financial Corporation Reports a Strong Second Quarter and Declares Its Quarterly Cash Dividend

July 28, 2017 9:00 AM EDT

BEDMINSTER, NJ -- (Marketwired) -- 07/28/17 -- Peapack-Gladstone Financial Corporation (NASDAQ: PGC) (the "Company") reported record net income of $15.92 million and diluted earnings per share of $0.91 for the six months ended June 30, 2017, compared to $12.05 million and $0.74, respectively, for the same six month period last year, reflecting increases of $3.87 million, or 32 percent, and $0.17 per share, or 23 percent, respectively.

For the quarter ended June 30, 2017, the Company recorded net income of $7.94 million and diluted earnings per share of $0.45, compared to $6.56 million and $0.40 for the same three month period last year, reflecting increases of $1.38 million, or 21 percent, and $0.05 per... More