Is PEAPACK GLADSTONE FINANCIAL CORP (PGC) Halal?

NASDAQ Financial Services United States $615M
✗ NOT HALAL
Confidence: 95/100
PEAPACK GLADSTONE FINANCIAL CORP (PGC) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
16.5
Forward: 7.4
EPS
$2.10
Dividend Yield
58.0%
Payout: 9.5%
P/B Ratio
0.9
Revenue
$276M
Growth: 16.3%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 25.4%
Net Margin 14.4%
Return on Equity (ROE) 5.9%
Return on Assets (ROA) 0.5%

Cash Flow & Balance Sheet

Operating Cash Flow$43M
Free Cash Flow$29M
Total Debt$217M
Total Assets$7.5B

Price & Trading

Last Close$34.83
50-Day MA$33.17
200-Day MA$29.05
Avg Volume129K
Beta0.7
52-Week Range
$23.96
$35.87

About PEAPACK GLADSTONE FINANCIAL CORP (PGC)

CEO
Mr. Douglas L. Kennedy
Employees
682
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$615M
Currency
USD

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Wealth Management. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers corporate and industrial (C&I) lending and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management, C&I advisory, escrow management, deposit generation, and investment management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; wealth management clients include individuals, families, foundations, endowments, trusts, and estates; and commercial loan clients include business owners, professionals, retailers, contractors, and real estate investors. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines. The company was founded in 1921 and is headquartered in Bedminster, New Jersey.

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Frequently Asked Questions

Is PEAPACK GLADSTONE FINANCIAL CORP (PGC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PEAPACK GLADSTONE FINANCIAL CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is PEAPACK GLADSTONE FINANCIAL CORP's debt ratio?

PEAPACK GLADSTONE FINANCIAL CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are PEAPACK GLADSTONE FINANCIAL CORP's key financial metrics?

PEAPACK GLADSTONE FINANCIAL CORP has a market capitalization of $615M, trailing P/E ratio of 16.5, and revenue of $276M. Return on equity stands at 5.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.