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BEDMINSTER, N.J. (AP) _ Peapack-Gladstone Financial Corp. (PGC) on Friday reported fourth-quarter profit of $10.7 million.
The bank, based in Bedminster, New Jersey, said it had earnings of 55 cents per share.
The bank holding company posted revenue of $54 million in the period. Its revenue net of interest expense was $40.6 million, which fell short of Street forecasts.
For the year, the company reported profit of $44.2 million, or $2.31 per share. Revenue was reported as $159.4 million.
Peapack-Gladstone shares have increased 7.5 percent since the beginning of the year. The stock has declined 24 percent in the last 12 months.
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