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

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

April 27, 2018 9:00 AM EDT

BEDMINSTER, N.J., April 27, 2018 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ: PGC) (the Company) recorded net income of $10.81 million and diluted earnings per share of $0.57 for the quarter ended March 31, 2018, compared to $7.98 million and $0.46, respectively, for the quarter ended March 31, 2017, reflecting increases of $2.83 million, or 35 percent, and $0.11 per share, or 24 percent, respectively.

Executive Summary:

The following tables summarize specified financial measures for the periods shown. The explanatory footnotes following each table are integral to the table.

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