PGC on Nasdaq
PEAPACK GLADSTONE FINANCIAL CORP
PEAPACK GLADSTONE FINANCIAL CORP is an American commercial banks company that raised $50 million in 2026 (SEC Form D).2 It is headquartered in Bedminster, United States.2 Its shares trade on Nasdaq under the symbol PGC.2
Price unavailable
Last updated Oct 21, 2026.
Overview
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- TickerPGC on Nasdaq2
- IndustryCommercial Banks, NEC2
- HeadquartersBedminster, United States2
- Incorporated inNJ3
- Business address500 Hills Drive, Bedminster, Nj 079213
- Filer categoryAccelerated filer3
- Legal formCorporation2
- LEI549300G8DN2UK8K0ET302
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered address500 Hills Drive, 07921 Bedminster, United States2
- Registered withBusiness Records Service (Division of Revenue & Enterprise Services), 01007166552
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Banking brought in 77% of the revenue PEAPACK GLADSTONE FINANCIAL CORP broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Banking | $168.6M | $163.5M | $216.9M |
| Wealth Management Division | $61.0M | $64.7M | $66.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs82¢$230.7M
- Income tax5¢$15.0M
- Profit13¢$37.3M
Out of $283.0M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending33¢$14.3M
- Dividends paid8¢$3.5M
- Share buybacks13¢$5.4M
- Kept or used elsewhere46¢$19.9M
Out of $43.1M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 4 fiscal years (annual) or 8 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Loans, including fees | $321.3M | $290.8M | $278.2M | |
| Taxable securities | $31.5M | $23.4M | $19.7M | |
| Tax-exempt securities | $22.0K | |||
| Interest-earning deposits | $9.7M | $13.6M | $6.1M | |
| Total interest income | $362.5M | $327.8M | $304.0M | |
| Savings and interest-bearing deposit accounts | $141.6M | $143.8M | $107.5M | |
| Certificates of deposit | $15.0M | $21.0M | $11.7M | |
| Borrowed funds | $543.0K | $3.8M | $18.2M | |
| Finance lease liability | $53.0K | $89.0K | $191.0K | |
| Subordinated debt | $4.2M | $6.6M | $6.7M | |
| Subtotal interest expense | $161.4M | $175.3M | $144.3M | |
| Interest-bearing demand - brokered | $210.0K | $522.0K | $611.0K | |
| Interest on certificates of deposits brokered | $3.0M | $3.0M | ||
| Total interest expense | $161.6M | $178.8M | $147.9M | |
| Net interest income before provision for credit losses | $200.9M | $149.0M | $156.1M | |
| Provision for credit losses | $23.5M | $7.5M | $14.1M | |
| Net interest income after provision for credit losses | $177.4M | $141.5M | $142.0M | |
| Wealth management fee income | $63.2M | $61.5M | $55.7M | |
| Service charges and fees | $4.8M | $5.3M | $5.2M | |
| Bank owned life insurance | $1.7M | $1.6M | $1.3M | |
| Gain on loans held for sale at fair value (mortgage banking) | $132.0K | $163.0K | $91.0K | |
| Loss/(gain) on loans held for sale at lower of cost or fair value | -$364.0K | $23.0K | ||
| Fee income related to loan level, back-to-back swaps | $492.0K | |||
| Gain on sale of SBA loans | $1.6M | $1.2M | $2.4M | |
| Corporate advisory fee income | $820.0K | $1.0M | $219.0K | $820.0K |
| Other income | $9.3M | $7.5M | $8.5M | |
| Securities gains | $7.0K | |||
| Fair value adjustment for equity securities | $418.0K | $828.0K | $181.0K | |
| Total other income | $82.1M | $79.1M | $73.6M | $82.1M |
| Compensation and employee benefits | $145.5M | $122.3M | $100.5M | |
| Premises and equipment | $26.6M | $22.5M | $19.7M | |
| FDIC insurance expense | $4.8M | $3.5M | $2.9M | |
| Other operating expenses | $30.3M | $27.4M | $25.1M | |
| Total operating expenses | $207.2M | $175.7M | $148.3M | |
| Income before income tax expense | $52.3M | $45.0M | $67.3M | |
| Income tax expense | $15.0M | $12.0M | $18.4M | |
| Net income | $37.3M | $33.0M | $48.9M | |
| Basic | $2.12 | $1.87 | $2.74 | |
| Diluted | $2.10 | $1.85 | $2.71 |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total interest income | $94.0M | $92.5M | $89.7M | $86.3M | $86.2M | $83.2M | $79.2M | $79.2M |
| Total interest expense | $37.4M | $42.0M | $41.4M | $40.8M | $44.3M | $45.5M | $44.2M | $44.8M |
| Net interest income before provision for credit losses | $56.5M | $50.6M | $48.3M | $45.5M | $41.9M | $37.7M | $35.0M | $34.4M |
| Provision for credit losses | $7.7M | $4.8M | $6.6M | $4.5M | $1.7M | $1.2M | $3.9M | $627.0K |
| Wealth management fee income | $16.1M | $15.8M | $15.9M | $15.4M | $15.5M | $15.2M | $16.4M | $14.4M |
| Fair value adjustment for equity securities | $56.0K | $125.0K | $42.0K | $195.0K | $549.0K | $474.0K | -$84.0K | -$111.0K |
| Income before income tax expense | $17.0M | $13.6M | $11.3M | $10.4M | $12.2M | $10.7M | $9.6M | $12.4M |
| Income tax expense | $4.8M | $4.0M | $3.3M | $2.9M | $3.0M | $3.2M | $2.0M | $3.8M |
| Net income | $12.2M | $9.6M | $7.9M | $7.6M | $9.2M | $7.6M | $7.5M | $8.6M |
| Basic | $0.69 | $0.55 | $0.45 | $0.43 | $0.53 | $0.43 | $0.42 | $0.49 |
| Diluted | $0.69 | $0.54 | $0.45 | $0.43 | $0.52 | $0.43 | $0.42 | $0.48 |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $8.7M | $8.5M | ||
| Interest-earning deposits | $179.1M | $382.9M | ||
| Total cash and cash equivalents | $187.8M | $391.4M | ||
| Securities held to maturity (fair value $87,491 at December 31, 2025 and $88,650 at December 31, 2024) | $95.9M | $101.6M | ||
| Securities available for sale | $774.2M | $784.5M | ||
| CRA equity security, at fair value | $13.5M | $13.0M | ||
| FHLB and FRB stock, at cost | $14.6M | $12.4M | ||
| Loans held for sale, at fair value | $450.0K | |||
| Loans held for sale, at lower of cost or fair value | $4.4M | $8.6M | ||
| Loans | $6.3B | $5.5B | ||
| Less: allowance for credit losses | $71.0M | $73.0M | $65.9M | $60.8M |
| Net loans | $6.2B | $5.4B | ||
| Premises and equipment | $39.2M | $28.9M | ||
| Accrued interest receivable | $32.0M | $29.9M | ||
| Bank owned life insurance | $47.8M | $48.0M | ||
| Goodwill | $36.2M | $36.2M | $36.2M | $36.2M |
| Other intangible assets | $7.6M | $8.7M | ||
| Finance lease right-of-use assets | $844.0K | $985.0K | ||
| Operating lease right-of-use assets | $39.9M | $40.3M | ||
| Deferred tax assets, net | $772.0K | $16.4M | ||
| Other assets | $48.6M | $51.0M | ||
| Total assets | $7.5B | $7.0B | $6.5B | |
| Noninterest-bearing demand deposits | $1.4B | $1.1B | ||
| Checking | $3.4B | $3.3B | ||
| Savings | $105.1M | $103.1M | ||
| Money market accounts | $1.2B | $1.1B | ||
| Certificates of deposit - retail | $408.2M | $484.0M | ||
| Certificates of deposit - listing service | $400.0K | $6.9M | ||
| Subtotal deposits | $6.6B | $6.1B | ||
| Interest-bearing demand Brokered | $0 | $10.0M | ||
| Total deposits | $6.6B | $6.1B | ||
| Short-term borrowings | $73.3M | |||
| Finance lease liabilities | $1.2M | $1.3M | ||
| Operating lease liabilities | $43.3M | $43.6M | ||
| Subordinated debt, net | $99.0M | $133.6M | ||
| Due to brokers | $18.5M | |||
| Accrued expenses and other liabilities | $62.4M | $79.4M | ||
| Total liabilities | $6.9B | $6.4B | ||
| Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 21,707,259 at December 31, 2025 and 21,535,856 at December 31, 2024; outstanding shares, 17,558,019 at December 31, 2025 and 17,586,616 at December 31, 2024) | $18.1M | $18.0M | ||
| Surplus | $353.3M | $348.3M | ||
| Treasury stock at cost (4,149,240 shares at December 31, 2025 and 3,949,240 shares at December 31, 2024) | -$123.0M | -$117.5M | ||
| Retained earnings | $457.4M | $423.6M | ||
| Accumulated other comprehensive loss | -$47.6M | -$66.4M | ||
| Total shareholders equity | $658.2M | $605.8M | $583.7M | $533.0M |
| Total liabilities and shareholders equity | $7.5B | $7.0B | ||
| Securities held to maturity fair value | $87.5M | $88.7M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 500.0K shares | 500.0K shares | ||
| Common stock, stated value | $0.83 | $0.83 | ||
| Common stock, shares authorized | 42.0M shares | 42.0M shares | ||
| Common stock, shares issued | 21.7M shares | 21.5M shares | ||
| Common stock, shares outstanding | 17.6M shares | 17.6M shares | ||
| Treasury stock, shares | 4.1M shares | 3.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $8.7M | $8.5M | ||
| Interest-earning deposits | $179.1M | $382.9M | ||
| Total cash and cash equivalents | $187.8M | $391.4M | ||
| Securities held to maturity (fair value $87,491 at December 31, 2025 and $88,650 at December 31, 2024) | $95.9M | $101.6M | ||
| Securities available for sale | $774.2M | $784.5M | ||
| CRA equity security, at fair value | $13.5M | $13.0M | ||
| FHLB and FRB stock, at cost | $14.6M | $12.4M | ||
| Loans held for sale, at fair value | $450.0K | |||
| Loans held for sale, at lower of cost or fair value | $4.4M | $8.6M | ||
| Loans | $6.3B | $5.5B | ||
| Less: allowance for credit losses | $71.0M | $73.0M | $65.9M | $60.8M |
| Net loans | $6.2B | $5.4B | ||
| Premises and equipment | $39.2M | $28.9M | ||
| Accrued interest receivable | $32.0M | $29.9M | ||
| Bank owned life insurance | $47.8M | $48.0M | ||
| Goodwill | $36.2M | $36.2M | $36.2M | $36.2M |
| Other intangible assets | $7.6M | $8.7M | ||
| Finance lease right-of-use assets | $844.0K | $985.0K | ||
| Operating lease right-of-use assets | $39.9M | $40.3M | ||
| Deferred tax assets, net | $772.0K | $16.4M | ||
| Other assets | $48.6M | $51.0M | ||
| Total assets | $7.5B | $7.0B | $6.5B | |
| Noninterest-bearing demand deposits | $1.4B | $1.1B | ||
| Checking | $3.4B | $3.3B | ||
| Savings | $105.1M | $103.1M | ||
| Money market accounts | $1.2B | $1.1B | ||
| Certificates of deposit - retail | $408.2M | $484.0M | ||
| Certificates of deposit - listing service | $400.0K | $6.9M | ||
| Subtotal deposits | $6.6B | $6.1B | ||
| Interest-bearing demand Brokered | $0 | $10.0M | ||
| Total deposits | $6.6B | $6.1B | ||
| Short-term borrowings | $73.3M | |||
| Finance lease liabilities | $1.2M | $1.3M | ||
| Operating lease liabilities | $43.3M | $43.6M | ||
| Subordinated debt, net | $99.0M | $133.6M | ||
| Due to brokers | $18.5M | |||
| Accrued expenses and other liabilities | $62.4M | $79.4M | ||
| Total liabilities | $6.9B | $6.4B | ||
| Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 21,707,259 at December 31, 2025 and 21,535,856 at December 31, 2024; outstanding shares, 17,558,019 at December 31, 2025 and 17,586,616 at December 31, 2024) | $18.1M | $18.0M | ||
| Surplus | $353.3M | $348.3M | ||
| Treasury stock at cost (4,149,240 shares at December 31, 2025 and 3,949,240 shares at December 31, 2024) | -$123.0M | -$117.5M | ||
| Retained earnings | $457.4M | $423.6M | ||
| Accumulated other comprehensive loss | -$47.6M | -$66.4M | ||
| Total shareholders equity | $658.2M | $605.8M | $583.7M | $533.0M |
| Total liabilities and shareholders equity | $7.5B | $7.0B | ||
| Securities held to maturity fair value | $87.5M | $88.7M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 500.0K shares | 500.0K shares | ||
| Common stock, stated value | $0.83 | $0.83 | ||
| Common stock, shares authorized | 42.0M shares | 42.0M shares | ||
| Common stock, shares issued | 21.7M shares | 21.5M shares | ||
| Common stock, shares outstanding | 17.6M shares | 17.6M shares | ||
| Treasury stock, shares | 4.1M shares | 3.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $37.3M | $33.0M | $48.9M |
| Depreciation | $4.1M | $3.5M | $3.7M |
| Amortization of premium and accretion of discount on securities, net | -$85.0K | $242.0K | $578.0K |
| Amortization of restricted stock | $5.3M | $5.8M | $10.8M |
| Amortization of intangible assets | $1.1M | $1.1M | $1.3M |
| Amortization of subordinated debt costs | $469.0K | $287.0K | $287.0K |
| Provision for credit losses | $23.5M | $7.5M | $14.1M |
| Stock-based compensation and employee stock purchase plan expense | $199.0K | $154.0K | $178.0K |
| Deferred tax expense/(benefit) | $7.8M | -$14.3M | -$15.3M |
| Fair value adjustment for equity security | -$418.0K | -$828.0K | -$181.0K |
| Gain on sale of securities, available for sale, net | -$7.0K | ||
| Proceeds from sales of loans held for sale (A) | $29.2M | $28.9M | $41.4M |
| Loans originated for sale (A) | -$23.8M | -$29.3M | -$30.0M |
| Gain on loans held for sale (A) | -$1.7M | -$1.4M | -$2.5M |
| Loss/(gain) on loans held for sale at lower of cost or fair value | $364.0K | -$23.0K | |
| Loss on disposal of fixed assets | $304.0K | $102.0K | $6.0K |
| Gain on life insurance death benefit | -$8.0K | -$236.0K | -$41.0K |
| Increase in cash surrender value of life insurance, net | -$48.0K | -$318.0K | -$457.0K |
| (Increase)/decrease in accrued interest receivable | -$2.1M | $778.0K | -$5.5M |
| Increase in other assets | -$15.4M | -$27.1M | -$3.3M |
| (Decrease)/increase in accrued expenses and other liabilities | -$23.1M | $63.2M | $6.3M |
| Net cash provided by operating activities | $43.1M | $71.1M | $70.1M |
| Principal repayments, maturities and calls of securities held to maturity | $5.7M | $6.0M | $4.8M |
| Principal repayments, maturities and calls of securities available for sale | $722.8M | $661.5M | $633.7M |
| Redemptions for FHLB & FRB stock | $27.1M | $59.7M | $115.9M |
| Sales of securities available for sale | $53.2M | ||
| Proceeds from sales of equity securities | $953.0K | ||
| Purchase of securities held to maturity | -$10.3M | ||
| Purchase of securities available for sale | -$733.4M | -$899.7M | -$619.0M |
| Purchase of FHLB & FRB stock | -$29.3M | -$41.0M | -$116.3M |
| Proceeds from sale of loans held for sale at lower of cost or fair value | $886.0K | $23.0K | |
| Net increase in loans, net of participations sold | -$768.1M | -$83.4M | -$153.1M |
| Sales of OREO | $116.0K | ||
| Purchases of premises and equipment | -$14.3M | -$8.1M | -$3.3M |
| Disposal of premises and equipment | -$237.0K | $428.0K | -$6.0K |
| Proceeds from life insurance death benefit | $154.0K | ||
| Net cash used in investing activities | -$735.8M | -$303.4M | -$147.5M |
| Net increase in deposits | $460.0M | $854.9M | $69.0M |
| Net increase/(decrease) in short-term borrowings | $73.3M | -$403.8M | $24.3M |
| Dividends paid on common stock | -$3.5M | -$3.5M | -$3.6M |
| Exercise of stock options, net of stock swaps | $0 | $42.0K | |
| Restricted stock repurchased on vesting to pay taxes | -$1.2M | -$877.0K | -$3.2M |
| Issuance of restricted stock | $0 | -$4.3M | $0 |
| Redemption of subordinated debt | -$35.0M | ||
| Equity adjustment related to REIT minority interest | -$58.0K | ||
| Issuance of shares for employee stock purchase plan | $1.1M | $857.0K | $1.0M |
| Shares repurchased | -$5.4M | -$7.2M | -$12.5M |
| Net cash provided by financing activities | $489.1M | $436.0M | $75.0M |
| Net (decrease)/increase in cash and cash equivalents | -$203.5M | $203.7M | -$2.4M |
| Interest | $164.0M | $170.8M | $141.2M |
| Income tax, net | $19.7M | $17.7M | $18.5M |
| Right-of-use asset obtained in exchange for operating lease liabilities | $4.3M | $32.3M | $1.9M |
No quarter-by-quarter statement was filed.
Compare PEAPACK GLADSTONE FINANCIAL CORP with another company
Corporate structure
PEAPACK GLADSTONE FINANCIAL CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of PEAPACK GLADSTONE FINANCIAL CORP
- BlackRock Filed SCHEDULE 13G/A on PEAPACK GLADSTONE FINANCIAL CORP, latest Apr 27, 2026 (6 filings since Feb 1, 2022)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on PEAPACK GLADSTONE FINANCIAL CORP, latest Mar 27, 2026 (5 filings since Feb 13, 2024)
- Wellington Management Company Filed SCHEDULE 13G/A on PEAPACK GLADSTONE FINANCIAL CORP, latest Feb 10, 2026 (2 filings since Nov 12, 2025)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on PEAPACK GLADSTONE FINANCIAL CORP, latest Jul 15, 2025 (4 filings since Feb 8, 2022)
- BANC FUNDS CO LLC Filed SC 13G/A on PEAPACK GLADSTONE FINANCIAL CORP, latest Feb 10, 2022
- PEAPACK GLADSTONE FINANCIAL CORP Bedminster, New Jersey, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What PEAPACK GLADSTONE FINANCIAL CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $84.4M4 Dec 31, 2025 | $70.7M4 Dec 31, 2024 | +19.3% |
| Accumulated depreciation | $45.2M4 Dec 31, 2025 | $41.8M4 Dec 31, 2024 | +8.1% |
| Property and equipment, net | $39.2M4 Dec 31, 2025 | $28.9M4 Dec 31, 2024 | +35.6% |
| Finance-lease assets | $844.0K4 Dec 31, 2025 | $985.0K4 Dec 31, 2024 | −14.3% |
| Operating-lease assets (leased space) | $39.9M4 Dec 31, 2025 | $40.3M4 Dec 31, 2024 | −1.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $774.2M4 Dec 31, 2025 | $784.5M4 Dec 31, 2024 | −1.3% |
| Debt securities held to maturity | $95.9M4 Dec 31, 2025 | $101.6M4 Dec 31, 2024 | −5.7% |
| Equity securities at fair value | $13.5M4 Dec 31, 2025 | $13.0M4 Dec 31, 2024 | +3.2% |
| Deposits held (banks) | $6.6B4 Dec 31, 2025 | $6.1B4 Dec 31, 2024 | +7.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $36.2M4 Dec 31, 2025 | $36.2M4 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $7.6M4 Dec 31, 2025 | $8.7M4 Dec 31, 2024 | −12.5% |
| Finite-lived intangibles, net | $7.6M4 Dec 31, 2025 | $8.7M4 Dec 31, 2024 | −12.5% |
Properties, in its own words
The Company owns nine branches and leases eight branches. The Company also leases an administrative and operations office building in Bedminster, New Jersey, private banking offices in Princeton, Teaneck, and Lakewood, New Jersey, New York City, Garden City and Melville, Long Island, Rye Brook, New York and wealth offices in Greenville, Delaware, Morristown, Red Bank and Summit, New Jersey.
Item 2 of the 10-K filed Mar 11, 2026.12
Leadership
Who has led PEAPACK GLADSTONE FINANCIAL CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerDouglas L. Kennedy Oct 17, 2012 to now13
- Chief executive officerFrank A. Kissel Mar 31, 2006 to Mar 5, 201314
- ChairFrank A. Kissel Dec 16, 2013 to Dec 16, 201315
- PresidentAndrew F. Corrado Aug 4, 2026 to now16
- PresidentDouglas L. Kennedy Dec 16, 2013 to Aug 4, 202617
- PresidentRobert Martin Rogers Mar 31, 2006 to Jan 5, 201218
- PresidentCraig C. Spengeman Jun 28, 2006 to Sep 16, 201319
- Chief financial officerFrank A. Cavallaro Mar 21, 2023 to now20
- Chief financial officerJeffrey J. Carfora Aug 20, 2009 to Jun 23, 202221
- Chief financial officerArthur F. Birmingham Feb 6, 2007 to Feb 4, 200922
- Chief operating officerRobert A. Plante Apr 3, 2017 to now23
- Chief operating officerRobert Martin Rogers Mar 31, 2006 to Jan 5, 201218
Board members and other officers (44)
- EVP, President New YorkAndrew F. Corrado Nov 7, 2025 to now24
- SEVPJeffrey J. Carfora Mar 22, 2023 to Mar 22, 202325
- Sr. Executive Vice PresidentFrank A. Cavallaro Nov 7, 2022 to Nov 7, 202226
- EVP, Comm & Ind LndgStuart M. Vorcheimer Apr 5, 2021 to now27
- EVP, Deposit SolutionsRichard Debel May 20, 2019 to May 20, 202028
- Chief Risk OfficerMaureen Hemhauser Sep 5, 2019 to now29
- EVP, Chief Credit OfficerLisa Chalkan Mar 10, 2017 to now30
- SVP, CHIEF ACCOUNTING OFFICERFrancesco S. Rossi Sep 23, 2016 to now31
- Exec VP, Head of Comm BankingEric H. Waser Feb 25, 2015 to Jun 23, 202232
- SEVP & Pres of Priv Wealth MgtJohn P. Babcock Mar 13, 2014 to now33
- Chief Risk OfficerKaren A. Rockoff May 28, 2013 to Mar 15, 201634
- EVP Dir of Retail Banking/MarkAnthony Bilotta V. Jr. Dec 18, 2013 to Mar 22, 201835
- EVP & Chief Lending OfficerVincent A. Spero Nov 25, 2009 to Aug 22, 202236
- EVP & Chief CounselFinn Mw Caspersen Jr. Jan 4, 2008 to Jan 3, 201837
- EVP and Chief Credit OfficerGarrett P. Bromley Feb 6, 2007 to Jan 27, 200938
- Board memberDiane D'Erasmo Jan 23, 2026 to now39
- Board memberEllen C. Walsh Jan 23, 2026 to now40
- Board memberPatrick Campion Jun 22, 2023 to now41
- Board memberPatrick J. Mullen Feb 28, 2019 to Mar 21, 202542
- Board memberPeter D. Horst Feb 28, 2019 to now43
- Board memberSteve Kass Jan 25, 2018 to now44
- Board memberAnthony W. Spinelli May 31, 2017 to now45
- Board memberCarmen M. Bowser Sep 28, 2017 to now46
- Board memberSusan A. Cole Mar 3, 2014 to now47
- Board memberRichard Daingerfield Aug 29, 2014 to now48
- Board memberFinn Mw Caspersen Jr. Dec 16, 2013 to Jan 3, 201849
- Board memberDouglas L. Kennedy Oct 17, 2012 to Jun 26, 202313
- Board memberBeth Welsh Oct 26, 2012 to now50
- Board memberEdward A. Gramigna Jr. Oct 26, 2012 to now51
- Board memberEdward A. Merton Feb 21, 2007 to Mar 13, 201552
- Board memberJames R. Lamb Feb 21, 2007 to Mar 22, 201853
- Board memberF. Duffield Meyercord Feb 22, 2007 to now54
- Board memberAnthony J. Consi Mar 2, 2007 to now55
- Board memberJohn R. Mulcahy Jan 6, 2006 to Dec 16, 201356
- Board memberPhilip W. Smith Iii. Jan 17, 2006 to Mar 21, 202557
- Board memberJack D. Stine Feb 15, 2006 to Feb 15, 200658
- Board memberT. Leonard Hill Mar 9, 2006 to Mar 9, 200659
- Board memberFrank A. Kissel Mar 31, 2006 to Feb 25, 201514
- Board memberRobert Martin Rogers Mar 31, 2006 to Jan 5, 201218
- Board memberJohn D. Kissel May 15, 2006 to Mar 22, 201860
- Board memberPamela Hill Jun 14, 2006 to May 9, 201261
- Board memberCraig C. Spengeman Jun 28, 2006 to Sep 16, 201319
- General counselTodd Poland Mar 2, 2018 to Aug 2, 202162
- General counselFinn Mw Caspersen Jr. Dec 31, 2007 to Dec 31, 200763
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive OfficerGregory M. Smith named Aug 3, 202664
Timeline
- Jul 27, 20268-K Results of operations; Regulation FD disclosure65
- Apr 30, 20268-K Shareholder vote; Regulation FD disclosure66
- Apr 24, 20268-K Results of operations67
- Apr 22, 20268-K Results of operations; Regulation FD disclosure68
- Mar 26, 20268-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed69
- Mar 2, 20268-K Other events70
- Mar 2, 20268-K Executive or director change71
- Feb 11, 20268-K Executive or director change72
- Jan 29, 20268-K Results of operations; Regulation FD disclosure73
- Dec 23, 20258-K Executive or director change74
- Oct 22, 20258-K Results of operations; Regulation FD disclosure75
- Jul 21, 20258-K Results of operations; Regulation FD disclosure76
- Oct 17, 2012New chief executive Douglas L. Kennedy becomes CEO13
- Mar 31, 2006New chief executive Frank A. Kissel becomes CEO14
- Aug 19, 1997Founded PEAPACK GLADSTONE FINANCIAL CORP is founded2
Calendar
Coming up
- Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.54 a share, on Nov 7, 2025.77
When it reported results
- Jul 27, 2026Reported quarterly or annual results65
- Apr 24, 2026Reported quarterly or annual results67
- Apr 22, 2026Reported quarterly or annual results68
- Jan 29, 2026Reported quarterly or annual results73
- Oct 22, 2025Reported quarterly or annual results75
- Jul 21, 2025Reported quarterly or annual results76
- Apr 22, 2025Reported quarterly or annual results78
- Jan 28, 2025Reported quarterly or annual results79
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
368 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 54 major events, 206 insider forms, 18 large holders, 2 private raises, 68 other. The latest 20:
- Sep 25, 2026S-3D EDGAR
- Sep 22, 20264 EDGAR
- Sep 21, 2026144 EDGAR
- Sep 3, 20264 EDGAR
- Sep 2, 2026144 EDGAR
- Aug 31, 2026N-PX EDGAR
- Aug 14, 202613F-HR EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 4, 20264 EDGAR
- Aug 3, 2026D/A EDGAR
- Aug 3, 2026D EDGAR
- Jul 27, 20268-K EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 29, 2026144 EDGAR
- Jun 29, 2026144 EDGAR
- Jun 23, 202611-K EDGAR
- Jun 12, 20264 EDGAR
- Jun 11, 2026144 EDGAR
- Jun 9, 20264 EDGAR
The 368 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
49 open-market trades by officers, directors and large owners since October 2021: 19 buys and 30 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 21, 2026 | Hemhauser MaureenEVP & Chief Risk Officer | Sale | 2,297 | $45.32 | $104.1K | Form 4 |
| Sep 2, 2026 | Smith Gregory MartinSEVP, President Comml Banking | Sale | 1,250 | $44.66 | $55.8K | Form 4 |
| Jun 29, 2026 | BABCOCK JOHN PSEVP & Pres of Priv Wealth Mgt | Sale | 5,000 | $47.11 | $235.6K | Form 4 |
| Jun 29, 2026 | Chalkan LisaEVP, Chief Credit Officer | Sale | 1,100 | $47.60 | $52.4K | Form 4 |
| Jun 11, 2026 | ROSSI FRANCESCO SSVP/Chief Accounting Officer | Sale | 2,484 | $45.52 | $113.1K | Form 4 |
| Jun 8, 2026 | Spinelli Anthony W.Director | Sale | 2,000 | $44.63 | $89.3K | Form 4 |
| Mar 31, 2026 | Cavallaro Frank A.SEVP & Chief Financial Officer | Buy | 2,890 | $34.95 | $101.0K | Form 4 |
| Mar 30, 2026 | KENNEDY DOUGLAS LPresident & CEO | Buy | 11,296 | $35.21 | $397.7K | Form 4 |
| Mar 30, 2026 | Campion PatrickDirector | Buy | 1,430 | $34.97 | $50.0K | Form 4 |
| Feb 9, 2026 | Hemhauser MaureenEVP & Chief Risk Officer | Sale | 5,272 | $35.59 | $187.6K | Form 4 |
| Sep 29, 2025 | GRAMIGNA EDWARD A JRDirector | Sale | 2 | $28.22 | $56 | Form 4 |
| Sep 18, 2025 | Chalkan LisaEVP, Chief Credit Officer | Sale | 2,500 | $29.65 | $74.1K | Form 4 |
| Sep 15, 2025 | Smith Gregory MartinSEVP, President Comml Banking | Sale | 3,200 | $29.15 | $93.3K | Form 4 |
| Jul 23, 2025 | KENNEDY DOUGLAS LPresident & CEO | Buy | 3,720 | $26.24 | $97.6K | Form 4 |
| Mar 31, 2025 | WELSH BETHDirector | Buy | 1,000 | $28.54 | $28.5K | Form 4 |
| Mar 31, 2025 | MEYERCORD F DUFFIELDDirector | Buy | 6,316 | $28.44 | $179.6K | Form 4 |
| Mar 31, 2025 | GRAMIGNA EDWARD A JRDirector | Buy | 3,000 | $28.43 | $85.3K | Form 4 |
| Mar 28, 2025 | KENNEDY DOUGLAS LPresident & CEO | Sale | 5,000 | $28.58 | $142.9K | Form 4 |
| Mar 27, 2025 | Campion PatrickDirector | Sale | 340 | $28.85 | $9.8K | Form 4 |
| Mar 21, 2025 | KENNEDY DOUGLAS LPresident & CEO | Sale | 5,000 | $28.79 | $143.9K | Form 4 |
All 49 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G/A, 6 filings Feb 1, 2022 to Apr 27, 202680
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 13, 2024 to Mar 27, 202681
- Wellington Management CompanySCHEDULE 13G/A, 2 filings Nov 12, 2025 to Feb 10, 202682
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 4 filings Feb 8, 2022 to Jul 15, 202583
- BANC FUNDS CO LLCSC 13G/A, 1 filing Feb 10, 202284
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Douglas L. Kennedy | $936.0K | $3.5M85 | |
| 2025 | John P. Babcock | $600.3K | $2.0M85 | |
| 2025 | Frank A. Cavallaro | $475.0K | $1.3M85 | |
| 2025 | Gregory M. Smith | $440.0K | $1.3M85 | |
| 2025 | Robert A. Plante | $402.7K | $954.9K85 | |
| 2024 | President & CEO of | $847.7K | $2.7M85 | |
| 2024 | Senior Executive VicePresident | $386.2K | $918.0K85 | |
| 2024 | Executive VicePresident and | $391.0K | $794.4K85 | |
| 2023 | Peapack-Gladstone | $823.0K | $3.0M85 | |
| 2023 | Peapack-Gladstone and President of | $565.8K | $1.9M85 | |
| 2023 | President of Commercial Banking of | $369.2K | $1.1M85 | |
| 2023 | Chief Operating Officer of | $379.6K | $911.7K85 | |
| 2023 | and CFO of 'Peapack- | $375.0K | $675.5K85 |
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $50.0M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2026 | $50.0M | $50.0M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How PEAPACK GLADSTONE FINANCIAL CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPEAPACK GLADSTONE FINANCIAL CORP1
- CIK0001050743
- Employer ID (EIN)22-353789512
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company12
- Incorporated inNew Jersey12
- Fiscal year endsDecember 311
- Industry code (SIC)6029 Commercial Banks, NEC1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address500 Hills Drive, Bedminster, NJ 079211
- Phone90823407001
- Shares outstanding17,727,952 as of Jul 31, 202610
- Public float$464.0M as of Jun 30, 202512
- AuditorCrowe LLP, Livingston, New Jersey USA PCAOB ID 173; it also attests to the company’s internal control over financial reporting12
- On EDGAR sinceDec 23, 19971
- Filings1,644 in all: 4 (870), 8-K (259), 13F-HR (102), 10-Q (86), SC 13G/A (47), DEF 14A (30), 10-K (29), 3 (29)1
All 49 form types
144 (21), 11-K (19), S-8 (16), CORRESP (15), UPLOAD (15), SC 13G (13), 424B2 (7), 8-K/A (7), EFFECT (7), 5 (6), S-3 (6), S-3D (6), FWP (5), SCHEDULE 13G/A (5), DEFA14A (4), 4/A (3), D (3), N-PX (3), PRE 14A (3), 13F-HR/A (2), 25 (2), 305B2 (2), 424B3 (2), 8-A12B (2), SCHEDULE 13G (2), 10-K/A (1), 10-Q/A (1), 8-A12B/A (1), 8-A12G (1), ARS (1), CERTNAS (1), D/A (1), NT 10-Q (1), NT 11-K (1), REGDEX (1), S-3/A (1), S-3DPOS (1), S-4 (1), S-8 POS (1), SC 13D (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 11, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Mar 16, 2026
Latest 8-K (8-K) Jul 27, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, No par value | PGC | NASDAQ Stock Market, LLC |
From the cover page of the 10-K filed Mar 11, 2026 (Section 12(b) of the Exchange Act).12
Risk factors and legal proceedings
The risks PEAPACK GLADSTONE FINANCIAL CORP names in Item 1A of its 10-K filed Mar 11, 2026: 39 risks under these headings, as written.12
- Risks Related to Economic Matters
- Negative developments in the financial services industry and U.S. and global credit markets and the U.S. debt obligations may adversely impact our operations and results.
- Our earnings are impacted by general business and economic conditions.
- We are more sensitive to adverse changes in the local economy than our more geographically diversified competitors.
- Inflation can have an adverse impact on our business and on our customers.
- Interruption of our customer's supply chains and federal funding could negatively impact their business and operations and impact their ability to repay their loans.
- Risks Related to Lending Matters
- Our exposure to credit risk could adversely affect our earnings and financial condition.
- Our concentrations of loans in certain industries could have adverse effects on credit quality.
- The performance of our New York multifamily real estate loans could be adversely impacted by regulation.
- If our allowance for credit losses is not sufficient to cover actual loan losses, our earnings would decrease.
- Our commercial real estate loan and commercial C&I portfolios expose us to greater risks than other mortgage loans.
The other 29 risks
- The level of the commercial real estate loan portfolio may subject the Bank to additional regulatory scrutiny.
- We are subject to environmental liability risk associated with our lending activities.
- Risks Related to Interest Rates
- Changes in interest rates may adversely affect our earnings and financial condition.
- Changes in the estimated fair value of debt securities may reduce stockholders’ equity and net income.
- Other Risks Related to Our Business
- We are exposed to the risks of public health issues, natural disasters, severe weather, acts of war or terrorism, government shutdowns, geopolitical events and other potential external events.
- The soundness of other financial institutions could adversely affect us.
- Risks Relating to Regulatory Matters
- The Dodd-Frank Wall Street Reform and Consumer Protection Act has and may continue to adversely affect our business activities, financial condition, and profitability by increasing our regulatory compliance burden and associated costs, placing restrictions on certain products and services, and limiting our future capital raising strategies.
- Government regulation significantly affects our business.
- The fiscal, monetary and regulatory policies of the federal government and its agencies could adversely affect the Company’s business, financial condition, and results of operations.
- We face a risk of non-compliance and enforcement action with the Bank Secrecy Act and other anti-money laundering statutes and regulations.
- Risks Related to Capital
- We may need to raise additional capital in the future, which may not be available when needed or available on acceptable terms.
- Our business strategy includes significant investment in growth plans, and our financial condition and results of operations could be negatively affected if we fail to grow or fail to manage our growth effectively.
- We are subject to certain capital requirements, which may adversely impact our return on equity, require us to raise additional capital, or constrain us from paying dividends or repurchasing shares.
- Potential acquisitions may disrupt our business and dilute shareholder value.
- Our ability to pay dividends to our common shareholders is limited by law.
- Risks Related to Liquidity
- We may lose lower-cost funding sources, which may affect our profitability.
- A lack of liquidity could adversely affect the Company’s financial condition and results of operations.
- Risks Related to Competition
- Competition from other financial institutions in originating loans and attracting deposits may adversely affect our profitability.
- Risks Related to Operational Matters
- Cyber-attacks and information security breaches could compromise our information or result in the data of our customers being improperly divulged, which could expose us to liability and losses.
- Our information technology systems and the systems of third parties upon which we rely may experience a failure, interruption or breach in security that could negatively affect our operations and reputation.
- Our failure to successfully keep pace with technological changes could have a material adverse impact on our business and, in turn, our financial condition and results of operations.
- Our board of directors relies on management and outside consultants in overseeing cybersecurity risk management.
- We are subject to operational risk.
- We are dependent on key personnel and the loss of one or more of those key personnel may materially and adversely affect our prospects.
- Risks Related to Our Wealth Management Business
- Revenues and profitability from our wealth management business may be adversely affected by any reduction in assets under management, which could reduce fees earned.
- We may not be able to attract and retain wealth management clients.
- The wealth management industry is subject to extensive regulation, supervision and examination by regulators, and any enforcement action or adverse changes in the laws or regulations governing our business could decrease our revenues and profitability.
- Risks Related to Technology
- Our reliance on and integration of artificial intelligence (“AI”) and machine learning (“ML”) technologies expose us to various risks, including operational, data, regulatory, and reputational risks, which could materially affect our business and financial results.
- Regulatory and Compliance Risk
- Reputational and Ethical Risk
- Risks Related to Our Common Stock
- Our stock price can be volatile.
Legal proceedings
In the normal course of business, lawsuits and claims may be brought against the Company and its subsidiaries. Currently, there are no pending or threatened litigation or proceedings against the Company or its subsidiaries, which assert claims that if adversely decided, we believe would have a material adverse effect on the Company.
The opening of Item 3, Legal Proceedings.12
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARFrank A. Kissel, Chair
- 16SEC EDGARAndrew F. Corrado, President
- 17SEC EDGARDouglas L. Kennedy, President
- 18SEC EDGARRobert Martin Rogers, President
- 19SEC EDGARCraig C. Spengeman, President
- 20
- 21
- 22
- 23
- 24
- 25SEC EDGARJeffrey J. Carfora, SEVP
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34SEC EDGARKaren A. Rockoff, Chief Risk Officer
- 35
- 36
- 37
- 38
- 39SEC EDGARDiane D'Erasmo, Board member
- 40SEC EDGAREllen C. Walsh, Board member
- 41SEC EDGARPatrick Campion, Board member
- 42SEC EDGARPatrick J. Mullen, Board member
- 43SEC EDGARPeter D. Horst, Board member
- 44SEC EDGARSteve Kass, Board member
- 45SEC EDGARAnthony W. Spinelli, Board member
- 46SEC EDGARCarmen M. Bowser, Board member
- 47SEC EDGARSusan A. Cole, Board member
- 48SEC EDGARRichard Daingerfield, Board member
- 49SEC EDGARFinn Mw Caspersen Jr., Board member
- 50SEC EDGARBeth Welsh, Board member
- 51SEC EDGAREdward A. Gramigna Jr., Board member
- 52SEC EDGAREdward A. Merton, Board member
- 53SEC EDGARJames R. Lamb, Board member
- 54SEC EDGARF. Duffield Meyercord, Board member
- 55SEC EDGARAnthony J. Consi, Board member
- 56SEC EDGARJohn R. Mulcahy, Board member
- 57SEC EDGARPhilip W. Smith Iii., Board member
- 58SEC EDGARJack D. Stine, Board member
- 59SEC EDGART. Leonard Hill, Board member
- 60SEC EDGARJohn D. Kissel, Board member
- 61SEC EDGARPamela Hill, Board member
- 62SEC EDGARTodd Poland, General counsel
- 63
- 64
- 65
- 66
- 67SEC EDGARResults of operations
- 68
- 69
- 70SEC EDGAROther events
- 71SEC EDGARExecutive or director change
- 72SEC EDGARExecutive or director change
- 73
- 74SEC EDGARExecutive or director change
- 75
- 76
- 77NasdaqNasdaq calendar
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