Peapack-Gladstone Finl (PGC) Stock News

Peapack-Gladstone Financial (NASDAQ: PGC) will release its Q2 2026 financial results on Monday, July 27, 2026, after market close. A conference call to review results is scheduled for Tuesday, July 28, 2026, at 11:00 a.m. ET, with webcast and replay via the investor relations website.

Peapack Private Bank & Trust (NASDAQ:PGC) expanded its real estate payment services by introducing Remote Official Check (ROC) Printing. This technology lets approved business clients securely print official bank checks from remote locations, helping accelerate real estate closings and reduce branch visits across key East Coast markets, including New York City.

The solution supports law firms, escrow companies, insurance organizations and nonprofits that require cash-equivalent funds at closings. ROC Printing is powered by AP Technology’s APSecure platform, which is designed to maintain strict security, compliance and audit controls for payment issuance.

Peapack Capital, a subsidiary of Peapack-Gladstone Financial (NASDAQ: PGC), appointed Michael Mehosky as Senior Managing Director, National Sales Manager. He will lead sales strategy across Direct, Capital Markets and Third-Party channels, focusing on disciplined growth, portfolio diversification and profitability, with a target of $2 billion in originations over the next 18 months.

Halcyon, a leading anti-ransomware solution provider, has appointed Tony Spinelli as Vice President and Field Chief Information Security Officer (Field CISO). With over 30 years of cybersecurity and technology leadership experience, Spinelli brings extensive expertise from roles at Capital One, Tyco International, Equifax, and First Data Corporation.

In his new role, Spinelli will serve as a strategic advisor to CISOs and executives, helping organizations enhance their ransomware resilience strategies. He currently serves on the Board of Directors for the Blue Cross Blue Shield Association's Cybersecurity Subcommittee and Peapack Gladstone Bank (NASDAQ: PGC), and has previously advised the U.S. Department of Defense on cybersecurity.

Peapack-Gladstone Financial (NASDAQ: PGC) has appointed Paula Gambino as Senior Vice President, Head of SBA at Peapack-Gladstone Bank. Based in Bedminster, New Jersey, Gambino brings over 25 years of financial services experience and will lead the expansion of the Bank's SBA business.

Previously, she served as SVP and Director of SBA Lending at Somerset Regal Bank and Community First Bank, where she successfully launched and managed Small Business Lending operations. The Bank, with total assets of $6.9 billion and assets under management of $12.1 billion as of September 30, 2024, aims to strengthen its SBA Lending Division to support small business owners with customized financial solutions.

Peapack-Gladstone Financial (NASDAQ: PGC) announced plans to rebrand as Peapack Private Bank & Trust on January 1, 2025. The $6.8 billion commercial bank will unite its banking and wealth management divisions under a single brand to strengthen its presence in the New York metropolitan market. The rebranding decision follows extensive market research and client feedback, aiming to maintain the company's century-old reputation while expanding its services. The bank currently manages $12.1 billion in assets under management/administration as of September 30, 2024, and will continue its single point of contact business model offering comprehensive banking solutions.

Peapack-Gladstone Financial (NASDAQ: PGC) reported its third-quarter 2024 financial results. Deposits grew by $279 million to $5.9 billion, a 20% annualized rate, with noninterest-bearing deposits up by $130 million. Loan balances also increased by $51 million to $5.3 billion. The company achieved net income of $7.6 million and an EPS of $0.43, slightly up from the previous quarter. Net interest income rose by $2.6 million to $37.7 million, driven by an improved net interest margin of 2.34%. Wealth management assets reached a record $12.1 billion, with fee income at $15.2 million. Despite a 41% drop in pretax income year-over-year, capital ratios remain strong, and the company repurchased 100,000 shares at $2.6 million. Moody's reaffirmed the company's investment-grade ratings with a stable outlook. CEO Douglas Kennedy highlighted the success of their New York market expansion and private banking strategy.

Peapack-Gladstone Financial (NASDAQ: PGC) and Peapack-Gladstone Bank have announced the appointment of Michael Anthony Guarino, Esq. as Senior Vice President, Attorney. Based in Bedminster, New Jersey, and New York City, Guarino will handle legal issues from the New York office and support the Bank's executive team on legal and policy matters.

With over 25 years of experience in financial services, Guarino brings expertise in legal, regulatory risk assessment, compliance management, fraud and AML investigations, and vendor management. He previously held senior positions at Metropolitan Commercial Bank and Israel Discount Bank of New York.

Guarino holds a Bachelor of Arts from Rutgers University and a Juris Doctor from Seton Hall Law School. He is a member of both New Jersey and New York Bars and is certified as a Compliance Manager (ICB) and Regulatory Compliance Manager (CRCM).

Peapack-Gladstone Financial (NASDAQ: PGC) announced that Moody's Investors Service has confirmed investment grade ratings for both the Company and its banking subsidiary, Peapack-Gladstone Bank. Moody's confirmed the Baa3 long-term local currency issuer rating for the Company and the baa2 baseline credit assessment for the Bank. The outlook on long-term ratings has been changed to 'stable' from 'under review'.

Moody's cited the Company's solid capital position and recent improvements in funding and liquidity profile as mitigants against the Bank's risk profile. The deposit base demonstrated resilience during the 2023 regional banking crisis. Peapack-Gladstone Financial also holds an investment grade credit rating from Kroll Bond Rating Agency, affirmed in May 2024.