Peapack-Gladstone Financial Corporation (PGC)

PGC Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	32.36	32.99	48.85	74.25	56.62	26.19
Depreciation & Amortization	4.69	4.63	5.01	5.04	4.79	4.41
Other Amortization	0.52	0.29	0.29	0.29	1	0.22
Gain (Loss) on Sale of Assets	0.1	0.1	0.01	-0.28	-0.05	-
Gain (Loss) on Sale of Investments	-1.26	-0.59	0.4	10.97	6.25	4.73
Provision for Credit Losses	14.02	7.5	14.09	6.35	6.48	36.83
Net Decrease (Increase) in Loans Originated / Sold - Operating	-0.88	-0.42	11.36	23.71	-5.42	-7.03
Accrued Interest Receivable	0.33	0.78	-5.52	-3.57	0.91	-12
Change in Other Net Operating Assets	14.51	35.82	2.51	6.85	-5.26	-19.5
Other Operating Activities	-9.5	-14.53	-15.32	-6	11.24	8.23
Operating Cash Flow	59.21	71.1	70.08	118.9	75.46	36.72
Operating Cash Flow Growth	28.68%	1.46%	-41.06%	57.56%	105.51%	-57.45%
Capital Expenditures	-15.32	-8.1	-3.28	-3.52	-3.93	-3.08
Sale of Property, Plant and Equipment	0.43	0.43	-	0.28	-	-
Cash Acquisitions	-	-	-	-	-5.5	-4.16
Investment in Securities	-155.13	-231.21	9.17	145.76	-308.79	-234.98
Net Decrease (Increase) in Loans Originated / Sold - Investing	-553.24	-83.37	-153.11	-480.86	-437.66	17.86
Other Investing Activities	1.17	18.83	-0.37	-17.72	1.98	10.36
Investing Cash Flow	-722.09	-303.43	-147.48	-356.07	-753.8	-214
Short-Term Debt Issued	-	-	24.28	379.53	-	-
Long-Term Debt Issued	-	-	-	-	-	633.99
Total Debt Issued	-	-	24.28	379.53	-	633.99
Short-Term Debt Repaid	-	-403.81	-	-	-15	-113.1
Long-Term Debt Repaid	-	-	-	-	-227.09	-463.75
Total Debt Repaid	-35	-403.81	-	-	-242.09	-576.85
Net Debt Issued (Repaid)	-35	-403.81	24.28	379.53	-242.09	57.14
Issuance of Common Stock	0.98	0.86	1.06	1.2	1.02	1.31
Repurchase of Common Stock	-6.62	-8.07	-15.74	-35.66	-31.01	-7.23
Common Dividends Paid	-3.52	-3.53	-3.56	-3.65	-3.78	-3.78
Net Increase (Decrease) in Deposit Accounts	706.92	854.91	68.95	-60.99	447.67	574.97
Other Financing Activities	-	-4.34	-	-	-	-
Financing Cash Flow	662.75	436.02	75	280.44	171.82	622.41
Net Cash Flow	-0.13	203.7	-2.4	43.27	-506.52	445.14
Free Cash Flow	43.9	63.01	66.8	115.38	71.54	33.65
Free Cash Flow Growth	5.19%	-5.68%	-42.11%	61.30%	112.62%	-60.23%
Free Cash Flow Margin	18.42%	28.59%	30.99%	48.87%	35.17%	21.44%
Free Cash Flow Per Share	2.46	3.53	3.70	6.21	3.71	1.76
Cash Interest Paid	173.49	170.8	141.17	33.16	22.36	38.28
Cash Income Tax Paid	24.83	17.67	18.47	25	16.08	9.79

Updated Jul 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q