Peapack-Gladstone Financial (NASDAQ: PGC) is one of 200 public companies in the “Commercial Banks” industry, but how does it contrast to its peers? We will compare Peapack-Gladstone Financial to similar businesses based on the strength of its risk, profitability, earnings, analyst recommendations, institutional ownership, dividends and valuation.
Institutional & Insider Ownership
69.5% of Peapack-Gladstone Financial shares are held by institutional investors. Comparatively, 46.9% of shares of all “Commercial Banks” companies are held by institutional investors. 5.9% of Peapack-Gladstone Financial shares are held by company insiders. Comparatively, 11.7% of shares of all “Commercial Banks” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
This table compares Peapack-Gladstone Financial and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Peapack-Gladstone Financial Competitors||20.66%||8.75%||0.93%|
This is a breakdown of recent ratings for Peapack-Gladstone Financial and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Peapack-Gladstone Financial Competitors||401||2987||2393||70||2.36|
Peapack-Gladstone Financial presently has a consensus price target of $35.75, indicating a potential upside of 1.27%. As a group, “Commercial Banks” companies have a potential upside of 5.40%. Given Peapack-Gladstone Financial’s peers higher probable upside, analysts clearly believe Peapack-Gladstone Financial has less favorable growth aspects than its peers.
Valuation and Earnings
This table compares Peapack-Gladstone Financial and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Peapack-Gladstone Financial||$145.97 million||$26.47 million||18.58|
|Peapack-Gladstone Financial Competitors||$338.81 million||$71.86 million||21.96|
Peapack-Gladstone Financial’s peers have higher revenue and earnings than Peapack-Gladstone Financial. Peapack-Gladstone Financial is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Peapack-Gladstone Financial pays an annual dividend of $0.20 per share and has a dividend yield of 0.6%. Peapack-Gladstone Financial pays out 10.5% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.8% and pay out 35.4% of their earnings in the form of a dividend.
Risk & Volatility
Peapack-Gladstone Financial has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Peapack-Gladstone Financial’s peers have a beta of 0.74, indicating that their average stock price is 26% less volatile than the S&P 500.
Peapack-Gladstone Financial peers beat Peapack-Gladstone Financial on 9 of the 15 factors compared.
Peapack-Gladstone Financial Company Profile
Peapack-Gladstone Financial Corporation is a bank holding company. The Company’s principal subsidiary is Peapack-Gladstone Bank (the Bank), which is a state chartered commercial bank. The Company operates through two segments: Banking and Private Wealth Management Division. The Banking segment includes commercial, commercial real estate, multifamily, residential and consumer lending activities; deposit generation; operation of automated teller machines (ATMs); telephone and Internet banking services; merchant credit card services, and customer support sales. The Private Wealth Management Division includes asset management services provided for individuals and institutions; personal trust services, including services as executor, trustee, administrator, custodian and guardian; corporate trust services, including services as trustee for pension and profit sharing plans, and other financial planning and advisory services.
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