PGC - Peapack-Gladstone: Not A Good Pick For Value Investors
2024-05-15 07:15:01 ET
Summary
- Peapack-Gladstone Financial Corporation primarily offers private banking and wealth management services in New Jersey.
- The loan portfolio seems well-diversified but the credit quality creates a risk here.
- Most importantly, the shares are not trading at an attractive enough level to make this risk worth taking.
Peapack-Gladstone Financial Corporation ( PGC ), incorporated in 1997 and headquartered in Bedminster, New Jersey, primarily offers private banking and wealth management services in New Jersey through its primary subsidiary, Peapack-Gladstone Bank. ...
Peapack-Gladstone: Not A Good Pick For Value Investors