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Peapack-Gladstone: 1Q Earnings Snapshot

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BEDMINSTER, N.J. (AP) _ Peapack-Gladstone Financial Corp. (PGC) on Friday reported first-quarter profit of $11.4 million.

The bank, based in Bedminster, New Jersey, said it had earnings of 58 cents per share.

The bank holding company posted revenue of $56.3 million in the period. Its revenue net of interest expense was $41.7 million, beating Street forecasts.

Peapack-Gladstone shares have increased slightly more than 7 percent since the beginning of the year. The stock has decreased 21 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PGC at https://www.zacks.com/ap/PGC