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Bladex vs Peapack Gladstone Financial: revenue, profit, margins and growth compared

Bladex brought in $303.6M of revenue in fiscal 2024, Peapack Gladstone Financial $283M in fiscal 2025. Revenue changed by +14.1% at Bladex and +24.1% at Peapack Gladstone Financial on the year before, so Peapack Gladstone Financial grew faster. Bladex kept 67.8% of its revenue as net profit, Peapack Gladstone Financial 13.2%. Free cash flow was -$124.5M at Bladex and $28.8M at Peapack Gladstone Financial.

Side by side, latest fiscal year

BLXPGC
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$303.6M$283M
Revenue growth+14.1%+24.1%
Net income$205.9M$37.3M
Net margin67.8%13.2%
Free cash flow-$124.5M$28.8M
Free cash flow margin-41.0%10.2%
Earnings per share (diluted)$5.60$2.10
Cash$2B$187.8M
Debt$4.4Bn/a
Price to earningsn/a21.4
Market value$2.1B$798.3M
Dividend yieldn/an/a
Rank by revenue in sector#268 of 444 · Finance#276 of 444 · Finance

Over the years

Revenue
BLX FY2017: $138.3MBLX FY2018: $127.6MBLX FY2019: $126.7MBLX FY2020: $99.2MBLX FY2021: $104.2MBLX FY2022: $166.7MBLX FY2023: $266.1MBLX FY2024: $303.6MPGC FY2018: $159.4MPGC FY2019: $175MPGC FY2020: $189.4MPGC FY2021: $210.3MPGC FY2022: $242.5MPGC FY2023: $229.7MPGC FY2024: $228.1MPGC FY2025: $283MFY17FY18FY19FY20FY21FY22FY23FY24FY25
BLX $303.6MPGC $283M
Net income
BLX FY2017: $82MBLX FY2018: $11.1MBLX FY2019: $86.1MBLX FY2020: $63.6MBLX FY2021: $62.7MBLX FY2022: $92MBLX FY2023: $166.2MBLX FY2024: $205.9MPGC FY2018: $44.2MPGC FY2019: $47.4MPGC FY2020: $26.2MPGC FY2021: $56.6MPGC FY2022: $74.2MPGC FY2023: $48.9MPGC FY2024: $33MPGC FY2025: $37.3MFY17FY18FY19FY20FY21FY22FY23FY24FY25
BLX $205.9MPGC $37.3M
Net margin
BLX FY2017: 59.3%BLX FY2018: 8.7%BLX FY2019: 67.9%BLX FY2020: 64.1%BLX FY2021: 60.2%BLX FY2022: 55.2%BLX FY2023: 62.4%BLX FY2024: 67.8%PGC FY2018: 27.7%PGC FY2019: 27.1%PGC FY2020: 13.8%PGC FY2021: 26.9%PGC FY2022: 30.6%PGC FY2023: 21.3%PGC FY2024: 14.5%PGC FY2025: 13.2%FY17FY18FY19FY20FY21FY22FY23FY24FY25
BLX 67.8%PGC 13.2%
Revenue growth
BLX FY2018: -7.8%BLX FY2019: -0.7%BLX FY2020: -21.7%BLX FY2021: +5.1%BLX FY2022: +59.9%BLX FY2023: +59.7%BLX FY2024: +14.1%PGC FY2019: +9.8%PGC FY2020: +8.2%PGC FY2021: +11.1%PGC FY2022: +15.3%PGC FY2023: -5.3%PGC FY2024: -0.7%PGC FY2025: +24.1%FY18FY19FY20FY21FY22FY23FY24FY25
BLX +14.1%PGC +24.1%
Free cash flow
BLX FY2017: $713.7MBLX FY2018: -$174.2MBLX FY2019: -$93.5MBLX FY2020: $1.2BBLX FY2021: -$872.2MBLX FY2022: -$771.3MBLX FY2023: $1.1BBLX FY2024: -$124.5MPGC FY2018: $63.2MPGC FY2019: $84.6MPGC FY2020: $33.6MPGC FY2021: $71.5MPGC FY2022: $115.4MPGC FY2023: $66.8MPGC FY2024: $63MPGC FY2025: $28.8MFY17FY18FY19FY20FY21FY22FY23FY24FY25
BLX -$124.5MPGC $28.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Bladex and Peapack Gladstone Financial

Which is bigger by revenue, Bladex or Peapack Gladstone Financial?

Bladex is bigger by revenue: $303.6M in fiscal 2024, against $283M for Peapack Gladstone Financial in fiscal 2025.

Which keeps more of its revenue as profit, Bladex or Peapack Gladstone Financial?

Bladex had a net margin of 67.8% in fiscal 2024; Peapack Gladstone Financial had 13.2% in fiscal 2025.

Which grew revenue faster, Bladex or Peapack Gladstone Financial?

In their latest fiscal years revenue changed by +14.1% at Bladex and +24.1% at Peapack Gladstone Financial.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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