Peapack Gladstone Financial (PGC) Loans - Loss Allowance (2022 - 2023)
Peapack Gladstone Financial (PGC) posted Loans - Loss Allowance of $831000.0 for Q2 2023, up 10.51% sequentially from $752000.0 in Q4 2022, and down 16.15% YoY from $991000.0 in Q2 2022.
Peapack Gladstone Financial (PGC) Loans - Loss Allowance (2022 - 2023) Analysis & Trends
Peapack Gladstone Financial has reported Loans - Loss Allowance for 2 years, with the latest figure at $831000.0 in Q2 2023.
- Quarterly Loans - Loss Allowance fell 16.15% year-over-year to $831000.0 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $831000.0 (down 16.15% YoY) and the FY2022 annual result came in at $752000.0, changed N/A from the prior year.
- Loans - Loss Allowance improved to $831000.0 in Q2 2023 per PGC's latest filing, from $752000.0 in the prior quarter.
- Over five years, Loans - Loss Allowance peaked at $991000.0 in Q2 2022 and troughed at $752000.0 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | Peapack Gladstone Financial | 806.70 Mn | 806.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 831,000.00 |
| Dec 31, 2022 | 752,000.00 |
| Jun 30, 2022 | 991,000.00 |