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Peapack-Gladstone Financial Corp. - PGC STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Peapack-Gladstone Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Peapack-Gladstone Financial's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
none
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Rhea-AI Summary
Peapack-Gladstone Financial (PGC) announces Joanne Gagliardi as Senior Managing Director to drive commercial banking growth in New York City.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
management
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.39%
Tags
management
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
management
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
management
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.52%
Tags
management
Rhea-AI Summary
Peapack-Gladstone Financial Corporation announces its Q3 2023 financial results, reporting total revenue of $55.9 million, net income of $8.8 million, and diluted EPS of $0.49. The net interest margin declined to 2.28% compared to the previous quarter. Loans grew by $44 million to $5.5 billion, funded by deposit growth of $61 million to $5.3 billion. The Company's liquidity position remains strong with balance sheet liquidity at $756 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.52%
Tags
Peapack-Gladstone Financial Corp.

Nasdaq:PGC

PGC Rankings

PGC Stock Data

409.53M
14.71M
11.53%
74.54%
3.31%
Commercial Banking
Finance and Insurance
Link
US
Bedminster

About PGC

member fdic - equal housing lender founded in 1921, peapack-gladstone bank is a commercial bank that provides innovative private banking services to businesses, non-profits and consumers which help them to establish, maintain and expand their legacy. through its private banking locations in bedminster, morristown, princeton and teaneck, its wealth management* and commercial private banking divisions, and its retail private banking network and online platforms, peapack-gladstone bank has proven to be a high performing boutique bank, leaders in wealth, lending and deposit solutions, known nationally for unparalleled client service, integrity and trust. *non-deposit investment products are not insured by the fdic; are not deposits or other obligations of, or guaranteed by, peapack-gladstone bank; and are subject to investment risks, including possible loss of the principal amount invested.