Peapack-Gladstone Financial Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 38.92 million compared to USD 42.89 million a year ago. Net income was USD 13.15 million compared to USD 20.1 million a year ago. Basic earnings per share from continuing operations was USD 0.73 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 0.73 compared to USD 1.08 a year ago.
For the six months, net interest income was USD 82.9 million compared to USD 82.52 million a year ago. Net income was USD 31.5 million compared to USD 33.54 million a year ago. Basic earnings per share from continuing operations was USD 1.76 compared to USD 1.83 a year ago. Diluted earnings per share from continuing operations was USD 1.74 compared to USD 1.79 a year ago.