Alerus Financial Corporation (ALRS) vs Peapack-Gladstone Financial Corporation (PGC)
A side-by-side comparison of Alerus Financial Corporation and Peapack-Gladstone Financial Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — ALRS vs PGC
growth of $100 · dividends reinvested · last 10yALRS vs PGC: by the numbers
- •ALRS is the larger company ($813M vs $783M market cap).
- •PGC trades at the lower trailing earnings multiple (15.34 vs 29.96 P/E), one valuation lens rather than an overall verdict.
- •PGC converts more revenue to profit (11.11% vs 8.33% net margin).
- •PGC grew revenue faster over the past five years (15.56% vs 5.76% CAGR).
- •ALRS pays the higher dividend yield (2.65% vs 0.45%).
Metrics side by side
Valuation
| Metric | ALRS | PGC |
|---|---|---|
| P/E ratio | 29.96 | 15.34 |
| Forward P/E | 10.73 | 12.20 |
| PEG ratio | N/A | 1.70 |
| P/S ratio | 2.44 | 1.68 |
| P/B ratio | 1.39 | 1.14 |
Profitability
| Metric | ALRS | PGC |
|---|---|---|
| Operating margin | 10.36% | 15.54% |
| Net margin | 8.33% | 11.11% |
| ROE | 4.75% | 7.25% |
Alerus Financial Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Peapack-Gladstone Financial Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | ALRS | PGC |
|---|---|---|
| Dividend yield | 2.65% | 0.45% |
| Payout ratio | 79.63% | 6.94% |
Growth (annualized)
| Metric | ALRS | PGC |
|---|---|---|
| Revenue CAGR (5Y) | 5.76% | 15.56% |
| EPS CAGR (5Y) | -23.13% | 8.81% |
| Total return CAGR (5Y) | 4.67% | 6.40% |
Frequently asked
- Which has the lower trailing P/E, ALRS or PGC?
- PGC has the lower trailing P/E: ALRS trades at 29.96 and PGC at 15.34. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ALRS or PGC?
- Over the past five years, PGC grew revenue faster — ALRS at a 5.76% CAGR versus PGC at 15.56%.
- Does ALRS or PGC pay a bigger dividend?
- ALRS yields 2.65% and PGC yields 0.45% based on trailing dividends and the latest price.
- Is ALRS or PGC more profitable?
- PGC runs the higher net margin — ALRS at 8.33% versus PGC at 11.11%.
- How have ALRS and PGC total returns compared?
- Over the past 10 years, ALRS delivered 9.99% and PGC delivered 7.89% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alerus Financial & Peapack-Gladstone Financial appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.