Peapack-Gladstone Financial (PGC) Declares $0.05 Quarterly Dividend; 0.7% Yield

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Go back to Peapack-Gladstone Financial (PGC) Declares $0.05 Quarterly Dividend; 0.7% Yield

Peapack-Gladstone Financial Corporation Reports Third Quarter Results and Declares Its Quarterly Cash Dividend

October 26, 2018 9:00 AM EDT

BEDMINSTER, N.J., Oct. 26, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the Company) recorded net income of $33.44 million and diluted earnings per share of $1.75 for the nine months ended September 30, 2018, compared to $26.13 million and $1.47, respectively, for the nine months ended September 30, 2017, reflecting increases of $7.31 million, or 28%, and $0.28 per share, or 19%, respectively.

For the same nine-month periods, the Companys total revenue increased $12.14 million when comparing the 2018 nine-month period to the 2017 nine-month period. Of the total revenue increase, $9.00 million (or 74%) was provided by increased wealth management... More