Peapack-Gladstone Financial Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 36.52 million compared to USD 45.53 million a year ago. Net income was USD 8.76 million compared to USD 20.13 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 1.11 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 1.09 a year ago.
For the nine months, net interest income was USD 119.41 million compared to USD 128.04 million a year ago. Net income was USD 40.26 million compared to USD 53.67 million a year ago. Basic earnings per share from continuing operations was USD 2.25 compared to USD 2.94 a year ago. Diluted earnings per share from continuing operations was USD 2.23 compared to USD 2.88 a year ago.