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 Third Quarter and Declares Its Quarterly Cash Dividend

October 27, 2017 9:00 AM EDT

BEDMINSTER, NJ -- (Marketwired) -- 10/27/17 -- Peapack-Gladstone Financial Corporation (NASDAQ: PGC) (the "Company") reported record net income of $26.13 million and diluted earnings per share of $1.47 for the nine months ended September 30, 2017, compared to $19.17 million and $1.17, respectively, for the same nine month period last year, reflecting increases of $6.96 million, or 36 percent, and $0.30 per share, or 26 percent, respectively.

For the quarter ended September 30, 2017, the Company recorded net income of $10.21 million and diluted earnings per share of $0.56, compared to $7.12 million and $0.43 for the same three month period last year, reflecting increases of $3.09 million, or 43 percent, and $0.13 per... More