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PGC posts $0.85 diluted EPS in Q2 2026, up 89% year-over-year as NIM reaches 3.32%

7/28/2026

$0.85 per diluted share is the Q2 2026 bottom line Peapack-Gladstone Financial Corporation (NASDAQ: PGC) produced for the quarter ending June 30, 2026, up 89% from $0.45 in Q2 2025 and 6% from $0.80 in Q1 2026.

Net income available to common shareholders reached $15.8 million, against $7.9 million a year earlier.

Total revenue of $86.1 million less $55.7 million in operating expenses produced pre-provision net revenue of $30.4 million, up 70% from $17.8 million in the year-ago period.

Operating leverage, ninth consecutive revenue record Revenue expanded 23% year-over-year while expenses grew only 7%, a spread that drove positive operating leverage for the period.