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Peapack-Gladstone Finl Corp - PGC STOCK NEWS

Welcome to our dedicated page for Peapack-Gladstone Finl news (Ticker: PGC), a resource for investors and traders seeking the latest updates and insights on Peapack-Gladstone Finl stock.

Overview

Peapack-Gladstone Financial Corp is a storied institution operating as a bank holding company with a rich heritage dating back to 1921. Known for its client-centric approach and commitment to integrity and trust, the company has built its reputation by offering commercial banking, asset management, and wealth management services. It serves a broad range of business clients, non-profits, and individual consumers, ensuring tailored financial solutions that help establish and preserve legacies.

Banking Services

The Banking segment of Peapack-Gladstone Financial Corp offers comprehensive commercial lending solutions, including commercial real estate, multifamily, residential, and consumer loans. Through deposit services and an advanced online platform, the company delivers a seamless banking experience that caters to both personal and business requirements. By focusing on robust deposit generation and leveraging internet banking services, the company sustains a diversified revenue model and maintains high operational efficiency.

Asset and Wealth Management

Peapack Private, the specialized division of the company, is dedicated to asset and wealth management for both individuals and institutions. This division extends personalized trust services, financial planning, and investment advisory services that include non-deposit investment products subject to market risks. The structure of this division enables clients to benefit from customized financial strategies and trust administration, all conducted with a strong focus on discretion and professional expertise.

Private Investment Banking

Complementing its traditional banking operations, Peapack-Gladstone Financial Corp also provides investment banking services through Peapack Private Investment Banking. The division offers corporate advisory services and direct lending solutions, assisting middle-market companies and their owners with sophisticated financial strategies. Their comprehensive approach not only facilitates smooth complex transactions but also reinforces the company’s reputation in executing meticulous advisory roles in varied industries.

Commitment to Client Service

The company’s operational model is deeply rooted in an unwavering commitment to personalized client service. With private banking locations in Bedminster, Morristown, Princeton, and Teaneck, and a seamlessly integrated online presence, it ensures that clients receive tailored advice and support. This commitment to excellence is reflected in every interaction, upholding the values of integrity and professionalism that have defined the firm for over a century.

Market Position and Differential

Positioned as a high-performing boutique bank, Peapack-Gladstone Financial Corp stands out within the competitive landscape of financial services. While many institutions offer similar products, this firm distinguishes itself through its intricate blend of commercial banking expertise, advanced asset management solutions, and strategic investment banking services. Its dual focus on traditional lending and innovative financial advisory enables it to serve a diverse clientele while managing a balanced portfolio of deposit and non-deposit offerings. This multifaceted approach reinforces its standing as a trusted and knowledgeable partner in navigating complex financial environments.

Overall, Peapack-Gladstone Financial Corp exemplifies a balanced and methodical approach to banking and wealth management. It successfully integrates its long-established roots with innovative services, ensuring that every client—from large institutions to individual account holders—receives actionable, expert guidance geared toward preserving and growing their financial legacy.

Rhea-AI Summary
Peapack-Gladstone Bank promotes Kate Sant'Angelo to Senior Vice President, Director of Personal Banking, showcasing her extensive experience in the banking industry and recognition for her leadership skills.
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Peapack-Gladstone Financial (PGC) expands into New York City with the hiring of Andrew F. Corrado and multiple teams of bankers. Corrado, with over 35 years of experience, will lead the Bank’s NY expansion. The move aims to capitalize on market disruption and momentum, offering customized private banking solutions.
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Peapack-Gladstone Financial (PGC) announces Joanne Gagliardi as Senior Managing Director to drive commercial banking growth in New York City.
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Peapack-Gladstone Financial (PGC) appoints Dawn Kasulke as Senior Managing Director for Peapack Private's New York City location. With 24 years of experience in financial services, Kasulke will lead a team of commercial bankers to expand the bank's presence in Manhattan.
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Peapack-Gladstone Financial (PGC) announces the transition of Super Stud Building Products Inc. to EB Metals Inc. in an undisclosed sale. The deal combines industry pioneers in steel framing components to enhance product offerings and service capabilities across the East Coast. Peapack Private Investment Banking facilitated the transaction, showcasing their expertise in corporate advisory services.
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Peapack-Gladstone Financial Corporation (PGC) appoints Ron Bezoza as Senior Managing Director at Peapack Private, aiming to drive growth, profitability, and client satisfaction. With 25+ years of experience in financial services, Ron Bezoza brings expertise from leadership roles at Leon Capital Group, Morgan Stanley, Goldman Sachs, and Credit Suisse.
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Peapack-Gladstone Financial Corporation (PGC) announced its fourth quarter 2023 financial results, reporting total revenue of $54.3 million, net income of $8.6 million, and diluted EPS of $0.48. The net interest margin stabilized at 2.29%. Year-over-year deposits increased by $69.0 million to $5.3 billion, and loans grew $135.2 million to $5.4 billion. The liquidity position remains stable, with balance sheet liquidity at 12.08% of total assets. The company's return on average assets was 0.53%, return on average equity was 6.13%, and return on average tangible equity was 6.68% for the quarter ended December 31, 2023.
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Peapack-Gladstone Financial Corporation (NASDAQ: PGC) appoints Rich Johnston as President of Peapack Capital, a subsidiary focusing on equipment finance and leasing. With over 30 years of expertise, Rich will oversee all originations and asset finance transactions, leveraging his track record as a top performer in the industry.
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Peapack-Gladstone Financial Corporation (PGC) appoints Birgitta Natale as Senior Vice President, Director of Residential and Consumer Lending. With over 27 years of experience in financial services, Natale will be responsible for residential and consumer lending, managing the residential loan originations team, new business development, and mortgage operations expansion into New York.
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announce the appointment of Ronald Andersen to the Board of Directors of the Commerce and Industry Association of New Jersey (CIANJ). Andersen's expertise in the financial services industry will provide valuable perspective in supporting New Jersey's growth and prosperity.
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FAQ

What is the current stock price of Peapack-Gladstone Finl (PGC)?

The current stock price of Peapack-Gladstone Finl (PGC) is $26.52 as of April 9, 2025.

What is the market cap of Peapack-Gladstone Finl (PGC)?

The market cap of Peapack-Gladstone Finl (PGC) is approximately 451.0M.

What are the main business segments of Peapack-Gladstone Financial Corp?

The company operates through two primary segments: the Banking segment, which focuses on loans, deposits, and various lending solutions, and the Peapack Private division, which provides asset management, trust services, and financial advisory.

How does Peapack-Gladstone deliver its banking services?

The company offers a blend of conventional branch-based services and advanced online banking platforms, ensuring a comprehensive range of deposit, lending, and internet banking services tailored to both individuals and businesses.

What distinguishes the wealth management services offered by Peapack-Gladstone?

Its wealth management services are personalized and extend beyond traditional banking, providing asset management, financial planning, and trust services designed to preserve and expand the financial legacy of its clients.

What kind of lending solutions does the Banking segment provide?

The Banking segment offers a wide range of lending products including commercial real estate loans, multifamily financing, residential loans, and consumer lending, all developed to support diverse financial needs.

How does Peapack Private Investment Banking fit into the overall structure?

Peapack Private Investment Banking offers specialized corporate advisory services and direct lending solutions, assisting middle-market companies with complex financial transactions and strategic growth initiatives.

What values and characteristics have defined Peapack-Gladstone over its history?

The company has built a reputation based on integrity, personalized service, and a commitment to innovative financial solutions, establishing itself as a trusted partner for clients for over a century.

What industries and client types does the company serve?

Peapack-Gladstone serves a broad spectrum of clients including businesses, non-profit organizations, and individual consumers, offering services that cater to commercial, institutional, and personal financial needs.

How does the company differentiate itself in a competitive market?

By integrating traditional commercial banking with tailored wealth management and strategic investment banking services, Peapack-Gladstone offers a multifaceted approach that emphasizes quality client service, experienced advisory, and innovative financial solutions.
Peapack-Gladstone Finl Corp

Nasdaq:PGC

PGC Rankings

PGC Stock Data

450.99M
15.68M
10.81%
79.99%
2.99%
Banks - Regional
Commercial Banks, Nec
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United States
BEDMINSTER