Alerus Financial (ALRS) vs Peapack-Gladstone Financial (PGC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Peapack-Gladstone Financial (PGC) has outperformed Alerus Financial (ALRS) over the past year, gaining 57.8% versus a gain of 46.6%. Over five years, PGC leads with a +31.2% price change compared with +1.1% for ALRS. Alerus Financial is the larger company by market cap ($789.2 million vs $774.0 million), about 1.0 times the size.
On valuation, Peapack-Gladstone Financial trades at a lower forward P/E (9.1x vs 11.3x for Alerus Financial). Alerus Financial offers the higher dividend yield (2.68% vs 0.46%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALRS | PGC |
|---|---|---|
| Share price | $31.66 | $43.66 |
| Market cap | $789.21M | $774.00M |
| 1-day change | -1.19% | +0.58% |
| YTD return | +40.59% | +56.77% |
| 1-year return | +46.57% | +57.85% |
| 5-year return | +1.09% | +31.15% |
| P/E ratio (TTM) | 29.31 | 15.21 |
| Forward P/E | 11.27 | 9.11 |
| EPS (TTM) | $1.08 | $2.87 |
| Dividend yield | 2.68% | 0.46% |
| Annual dividend | $0.85 | $0.20 |
| 52-week high | $34.40 | $49.14 |
| 52-week low | $20.31 | $24.71 |
| Distance from 52-week high | -7.97% | -11.15% |
| Analyst consensus | hold | none |
| Avg. price target upside | +11.18% | +28.26% |
| Average volume | 188.09K | 161.29K |
| Shares outstanding | 24.93M | 17.73M |
| Employees | 821 | 682 |
| Sector | Finance | Finance |
| Industry | Major Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PGC has outperformed ALRS by 11.3 percentage points over the past year.
- Alerus Financial trades at a higher earnings multiple (29.3x vs 15.2x trailing P/E).
- Alerus Financial offers a meaningfully higher dividend yield (2.68% vs 0.46%).
About Alerus Financial
ALRS stock →Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth.
Finance · Major Banks · 821 employees
About Peapack-Gladstone Financial
PGC stock →Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Wealth Management.
Finance · Commercial Banks · 682 employees
ALRS vs PGC FAQ
Which is bigger, Alerus Financial or Peapack-Gladstone Financial?
Alerus Financial (ALRS) is larger, with a market capitalization of $789.21M compared with $774.00M for Peapack-Gladstone Financial (PGC).
Which stock has performed better over the past year, ALRS or PGC?
PGC returned +57.85% over the past 12 months, compared with +46.57% for ALRS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALRS or PGC?
PGC has the lower trailing P/E at 15.2, versus 29.3 for ALRS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Alerus Financial or Peapack-Gladstone Financial?
Alerus Financial has the higher yield at 2.68%, compared with 0.46% for Peapack-Gladstone Financial.
Are Alerus Financial and Peapack-Gladstone Financial in the same industry?
Both are in the Finance sector, but in different industries: Major Banks for Alerus Financial and Commercial Banks for Peapack-Gladstone Financial.