Peapack-Gladstone Financial Corporation $(PGC)$ has released its financial results for the second quarter of 2025. The company's total revenue increased by 22% to $134.11 million compared to $109.68 million in the same period last year. This growth was driven by a 38% rise in net interest income, which reached $48.29 million, up from $35.04 million the previous year. Net income for the quarter was reported at $15.55 million, marking a 4% decrease from $16.16 million in the second quarter of 2024. The diluted earnings per share $(EPS)$ also experienced a 4% decline, standing at $0.87 compared to $0.91 in the previous year. The company's net interest margin $(NIM)$ saw an improvement to 2.77% for Q2 2025, an increase of 9 basis points from 2.68% in Q1 2025. Deposits grew to $6.4 billion as of June 30, 2025, representing a 12% increase over the last twelve months, with newly funded accounts contributing $282 million at an average weighted cost of 1.88%. Peapack-Gladstone Financial Corporation also reported a 4% increase in both the tangible book value per share and the book value per share, which stood at $33.19 and $35.71, respectively, as of June 30, 2025. The company's capital ratios remain robust, with the Tier 1 Leverage Ratio at 9.99% for Peapack Private Bank & Trust and 8.94% for the Company. The Common Equity Tier 1 Ratio was reported at 12.29% for the Bank and 10.99% for the Company.