PEAPACK GLADSTONE FINANCIAL CORP
Close on Oct 19, 2026
- Market cap
- $797.54M
- P/E (TTM)
- 14.8
- Dividend yield
- –
About Peapack Gladstone Financial
Commercial Banks, NEC, SIC 6029
Peapack-Gladstone Financial Corporation is a financial services company providing commercial and retail banking alongside wealth management services. It operates through a banking segment and a wealth management division. The company's lending activities include commercial and industrial loans, commercial real estate mortgages, multifamily housing loans, equipment financing, lease agreements, and construction lending. For individual consumers, it provides residential mortgages and home equity loans. The firm also offers trust and investment administration, cardholder services, and derivative contracts. Its customers encompass commercial enterprises, real estate investors, builders, and individual banking and wealth management clients.
Geographically, the company operates within the United States, conducting activities in New Jersey and New York. It also maintains subsidiaries for mortgage origination, real estate, ventures, and Delaware trust and investment services. The provided text does not mention the location of its corporate headquarters or the specific number of offices and retail branch locations.
Summary of the business section of Peapack Gladstone Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PEAPACK GLADSTONE FINANCIAL CORP
- Founded
- 1997
- Headquarters
- Bedminster, NJ
- Address
- 500 Hills Drive 07921
- Phone
- (908) 234-0700
- Website
- peapackprivate.com
- Employees
- 682, Dec 31, 2025
- Industry
- Commercial Banks, NEC
- Incorporated in
- New Jersey
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Livingston, New Jersey USA
Stock & identifiers
- Ticker
- PGC
- Exchange
- Nasdaq
- IPO date
- Apr 27, 1999
- Shares outstanding
- 18M, Jul 31, 2026
- Public float
- $464.00M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 11-for-10, Sep 29, 2004; 11-for-10, Sep 29, 2003; 2-for-1, Nov 4, 2002; 11-for-10, Sep 27, 2001
- SEC CIK
- 1050743
- CUSIP
- 704699107
- ISIN
- US7046991078
- LEI
- 549300G8DN2UK8K0ET30
- EIN
- 22-3537895
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Maureen Hemhauser | EVP & Chief Risk Officer | 10,036 |
| Gregory Martin Smith | SEVP, President Comml Banking | 12,623 |
| Andrew F. Corrado | President Peapack Private NY | 1,293 |
| Lisa Chalkan | EVP, Chief Credit Officer | 26,576 |
| John P. Babcock | SEVP & Pres of Priv Wealth Mgt | 127,178 |
| Francesco S. Rossi | SVP/Chief Accounting Officer | 8,510 |
| Frank A. Cavallaro | SEVP & Chief Financial Officer | 14,714 |
| Douglas L. Kennedy | President & CEO | 314,178 |
| Stuart M. Vorcheimer | EVP, Comm & Ind Lndg | 10,701 |
| Robert A. Plante | EVP, Chief Operating Officer | 70,019 |
| Anthony W. Spinelli | Director | 11,742 |
| Patrick Campion | Director | 3,105 |
| Susan A. Cole | Director | 12,935 |
| Steven A. Kass | Director | 23,333 |
| F. Duffield Meyercord | Director | 146,721 |
| Anthony J. Consi | Director | 111,745 |
| Edward A. Gramigna Jr | Director | 28,750 |
| Richard Daingerfield | Director | 25,538 |
| Carmen M. Bowser | Director | 13,986 |
| Peter D. Horst | Director | 16,803 |
| Ellen C. Walsh | Director | 337 |
| Diane D'Erasmo | Director | 360 |
| Beth Welsh | Director | 15,497 |
| Patrick J. Mullen | Director | 7,942 |
| Philip W. Smith Iii | Director | 75,408 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Douglas L. Kennedy | $3.48M | $2.07M | $1.39M | $127 | $153 |
| FY2024 Douglas L. Kennedy | $2.70M | – | $1.10M | $145 | $143 |
| FY2023 Douglas L. Kennedy | $3.00M | $2.48M | $1.16M | $134 | $127 |
| FY2022 Douglas L. Kennedy | $3.07M | $3.24M | $1.38M | $166 | $127 |
| FY2021 Douglas L. Kennedy | $2.52M | $3.75M | $1.10M | $157 | $137 |
| FY2020 Douglas L. Kennedy | $2.21M | $2.50M | $1.02M | $74 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 682 full-time and part-time employees, with 278 at our corporate headquarters, 152 in our New York offices, 85 in our branch offices and 167 in other locations.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 10, 2022 | Late filing | Notification of late filing |
| Jan 12, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 2, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 18, 2008 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 18, 2008 | Delisting | Notice of delisting from exchange (Form 25) |
| Aug 13, 2008 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 11, 2008 | Delisting | Notice of delisting from exchange (Form 25) |
| Mar 22, 2007 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 17, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 14, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 27, 2000 | Listing | Registration of securities on an exchange (Form 8-A) |