Peapack-Gladstone Financial

Peapack-Gladstone Financial Corp. is a bank holding company, which engages in the provision of private banking services to businesses, non-profits, and consumers. It operates through the following segments: Banking and Peapack Private. The Banking segment provides commercial, commercial real estate, multifamily, residential and consumer lending activities, deposit generation, operation of ATMs, telephone and internet banking services, merchant credit card services, and customer support and sales. The Peapack Private segment includes asset management services provided for individuals and institutions, personal trust services, including services as executor, trustee, administrator, custodian and guardian, corporate trust services including services as trustee for pension and profit-sharing plans, and other financial planning and advisory services. The company was founded in August 1997 and is headquartered in Bedminster, NJ.

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Peapack-Gladstone Financial Corp. is a bank holding company, which engages in the provision of private banking services to businesses, non-profits, and consumers. It operates through the Banking and Peapack Private segments. The Banking segment is involved in the delivery of loan and deposit products to customers. The Peapack Private segment focuses on asset management services for individuals and institutions. The company was founded in August 1997 and is headquartered in Bedminster, NJ.

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.12 per share a year ago.

Peapack-Gladstone (PGC) Misses Q4 Earnings and Revenue Estimates

BEDMINSTER, NJ, Jan. 25, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the “Company”) announces its fourth quarter 2023 financial results.

Peapack-Gladstone Financial Corporation Reports Fourth Quarter Results

BEDMINSTER, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:  PGC) and Peapack-Gladstone Bank announce the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing.  Rich is now responsible for overseeing all originations and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries, in addition to out-bound syndications.  Since joining Peapack Capital in 2017, he has played a significant role in the growth of this important business segment.

Peapack-Gladstone Bank Appoints Rich Johnston as President, Peapack Capital, a Subsidiary of Peapack-Gladstone Bank

BEDMINSTER, NJ, Jan. 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Birgitta Natale as Senior Vice President, Director of Residential and Consumer Lending.  In this role, Ms. Natale is responsible for both residential and consumer lending, management of the residential loan originations team, and new business development as well as the build out of the mortgage operations expansion into New York.

Peapack-Gladstone Bank Hires Birgitta Natale as Senior Vice President, Director of Residential and Consumer Lending

BEDMINSTER, NJ, Dec. 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – This holiday season, Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank presented its 3rd Annual Boonton Charity Christmas Tree Sale.  Held November 24 through December 9, one hundred percent of this year's sales and donations totaling more than $35,000 benefitted Sound Start Foundation.  Regardless of a family's ability to pay, and for over a quarter of a century, Sound Start, a 501c(3), has provided early intervention services to babies with hearing loss – changing lives forever.  This festive event, organized entirely by Peapack-Gladstone Bank, was a great way to bring people together to celebrate the season, while making the holidays merry and bright for local individuals and families.  Each year, a new community beneficiary is named; and over the last three years, the Bank has raised nearly $100,000 through this effort.

Peapack-Gladstone Bank's Boonton Charity Christmas Tree Sale Supports Sound Start Foundation

BEDMINSTER, NJ , Oct. 25, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce that Ronald Andersen, Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank, has been appointed to the Board of Directors of the Commerce and Industry Association of New Jersey (CIANJ).  The CIANJ Board is comprised of select members, with diverse backgrounds, who have offered to share their knowledge and expertise in order to meet the goals and mission of CIANJ.  Mr. Andersen's expertise in the financial services industry will provide a valuable perspective into the organization's discussions in how they can support New Jersey's growth and prosperity.

Ronald Andersen, Senior Managing Director, Commercial Private Banker, at Peapack-Gladstone Bank Named to CIANJ Board of Directors

Although the revenue and EPS for Peapack-Gladstone (PGC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Peapack-Gladstone (PGC) Q3 Earnings

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $1.09 per share a year ago.

Peapack-Gladstone (PGC) Misses Q3 Earnings Estimates

BEDMINSTER, NJ, Sept. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce the appointment of Klaudio Nikolla, Senior Managing Director, Commercial Private Banker.  Mr. Nikolla joins a team of commercial and industrial lenders charged with executing on the Company's vision of becoming a premier banking partner to clients in the commercial space, wealth management and corporate advisory services.

Klaudio Nikolla Joins Peapack Private as Senior Managing Director, Commercial Private Banker

BEDMINSTER, NJ, Sept. 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that James T. Foti has joined a team of commercial bankers that have recently been hired by Peapack Private to build the Company's presence with its core competencies across commercial banking, investment banking and wealth management.  James, Senior Managing Director, Commercial Private Banker, will expand the Bank's footprint with a focus on serving private equity funds, family offices, and closely held middle market businesses.

Peapack Private Hires James T. Foti, Senior Managing Director, Commercial Private Banker

BEDMINSTER, NJ, Aug. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, announce the appointment of James McKenna as Senior Managing Director, Commercial Private Banker.  As the Bank expands its footprint into New York City, Mr. McKenna joins a team of seasoned and highly skilled commercial bankers whose primary focus is to build the Company's presence with its core competencies across commercial banking, investment banking and wealth management.

Peapack Private Hires James McKenna, Senior Managing Director, Commercial Private Banker

BEDMINSTER, NJ, Aug. 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Ling Li has joined its commercial banking team as a Senior Managing Director, Commercial Private Banker.  Ling is responsible for providing customized bank solutions to small and medium-sized enterprises to achieve their long-term financial goals.  She will look to reinforce and expand the Company's footprint in the commercial arena with a focus on real estate, private funds, professional services, tech start-ups, and more.

Peapack Private Hires Ling Li, Senior Managing Director, Commercial Private Banker

BEDMINSTER, NJ, Aug. 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce the appointment of Faycal Lhamidi, Senior Managing Director, Commercial Private Banker.  Mr. Lhamidi joins a team of senior level commercial bankers hired to help grow Peapack Private and its commercial and industrial business into the New York market.  He provides customized banking solutions to a diverse set of medium and large-size enterprises to help them achieve their long-term financial goals.

Faycal Lhamidi Joins Peapack Private as Senior Managing Director, Commercial Private Banker

BEDMINSTER, NJ, Aug. 03, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Raymond C. Radigan, a seasoned and client-focused private banker, has joined Peapack Private, a division of Peapack-Gladstone Bank, to help grow the business as the Bank receives approval to open a location in New York.

Raymond C. Radigan is the Newest Member of Peapack Private

BEDMINSTER, NJ , July 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:  PGC) and Peapack-Gladstone Bank announce the appointment of Brian J. Scherman as Senior Vice President, Director of Residential and Consumer Lending.  Mr. Scherman is responsible for both residential and consumer lending, management of the loan origination team, and new business development and underwriting.

Peapack-Gladstone Bank Hires Brian J. Scherman as Senior Vice President, Director of Residential and Consumer Lending

BEDMINSTER, NJ, July 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Joseph “Joe” Harpster has been named Senior Vice President and Senior Credit Officer at Peapack Private, a division of Peapack-Gladstone Bank.

Joseph W. Harpster Joins Peapack Private as SVP, Senior Credit Officer

While the top- and bottom-line numbers for Peapack-Gladstone (PGC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Peapack-Gladstone (PGC) Reports Q2 Earnings: What Key Metrics Have to Say

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.08 per share a year ago.

Peapack-Gladstone (PGC) Q2 Earnings and Revenues Lag Estimates

BEDMINSTER, NJ, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - New Jersey holding company Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces that Christopher Tomai has joined Peapack Private, a division of Peapack-Gladstone Bank, as Senior Managing Director and Senior Relationship Manager.  He is part of a team of private banking professionals being assembled to support Peapack Private as it expands its business into New York City.

Christopher Tomai Joins Peapack Private

BEDMINSTER, NJ, July 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – New Jersey holding company, Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), Peapack-Gladstone Bank and Peapack Private, announce expansion plans with the official filing of an application to open a location in New York City.  Peapack Private is actively recruiting from the Tri-State area and beginning to build a presence in Manhattan.

Peapack-Gladstone Financial Corporation Announces Expansion Into New York City

BEDMINSTER, NJ, June 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce the elevation of Heather Gibbs to Senior Vice President, Enterprise Risk and Information Security Officer.  As a part of Peapack-Gladstone Bank's experienced team of risk and compliance professionals, Heather is responsible for the Bank's Risk Management programs including vendor risk, information technology and information security risk, operational risk, regulatory compliance risk and business continuity planning.  Ms. Gibbs has 16 years of financial services experience, previously serving at Peapack-Gladstone Bank as Vice President, Enterprise Risk and Information Security Officer.

Peapack-Gladstone Bank Promotes Heather Gibbs to Senior Vice President, Enterprise Risk and Information Security Officer

BEDMINSTER, NJ, June 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces the appointment of Patrick Campion to the Board of Directors of the Company and of Peapack-Gladstone Bank, effective June 22, 2023.

Peapack-Gladstone Financial Corporation Announces the Appointment of a New Director

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the ratings for Peapack-Gladstone Financial Corporation (NASDAQ: PGC) ("Peapack" or "the company"), including the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3. KBRA also affirms the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the shot-term deposit and debt ratings of K2 for its subsidiary, Peapack-Gladstone Bank. The Outlook for all long- ter.

KBRA Affirms Ratings for Peapack-Gladstone Financial Corporation

BEDMINSTER, NJ, May 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –  Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of John P. O'Gorman, Senior Vice President, Head of Special Assets at Peapack-Gladstone Bank.  Working out of the Bank's Headquarters in Bedminster, New Jersey, Mr. O'Gorman's primary role includes managing various workout situations and processes for the Bank.  Responsibilities also include managing the workout portfolio, recommending risk rating changes and impairment levels to executive management, negotiating with borrowers, developing workout strategies, assisting with policy and procedure updates and other credit-related matters.

Peapack-Gladstone Bank Hires John P. O'Gorman, Senior Vice President, Head of Special Assets

BEDMINSTER, NJ, May 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –  Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Vincent J. Mutarelli as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank.  Vincent is responsible for growing a portfolio of commercial clients and servicing businesses in the Tri-State area.  He will reinforce and expand Peapack-Gladstone Bank's footprint in the commercial arena while ensuring achievement of clients' long-term financial goals.

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