Last $18.65 USD
Change Today +0.05 / 0.27%
Volume 10.0K
As of 1:27 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

peapack gladstone finl corp (PGC) Snapshot

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52 Week High
03/25/14 - $22.78
52 Week Low
08/27/13 - $16.28
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peapack gladstone finl corp (PGC) Details

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services primarily to businesses, non-profits, and consumers in New Jersey. The company operates in two segments, Banking; and Peapack-Gladstone Bank Trust and Investments. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts held in certificates of deposit. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential and construction mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers asset management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; corporate trust services comprising services as trustee for pension and profit sharing plans; and other financial planning and advisory services. Further, the company operates automated teller machines at 23 locations; and provides telephone and Internet banking, merchant credit card, and customer support sales services. Peapack-Gladstone Financial Corporation owns 10 branches and leases 12 branches. The company was founded in 1921 and is headquartered in Bedminster, New Jersey.

peapack gladstone finl corp (PGC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $725.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $333.3K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $390.0K
Chief Lending Officer, Head of Commercial Ban...
Total Annual Compensation: $289.7K
Compensation as of Fiscal Year 2013.

peapack gladstone finl corp (PGC) Key Developments

Peapack-Gladstone Financial Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Peapack-Gladstone Financial Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, net interest income was $16.923 million against $12.48 million a year ago. Income before income taxes was $6.316 million against $3.105 million a year ago. Net income was $3.783 million or $0.32 per diluted share against $2.009 million or $0.22 per diluted share a year ago. For the six months, net interest income was $32.494 million against $24.875 million a year ago. Income before income taxes was $11.218 million against $7.993 million a year ago. Net income was $6.814 million or $0.58 per diluted share against $4.902 million or $0.55 per diluted share a year ago. The book value per share at June 30, 2014 of $15.48 reflected improvement when compared to $14.79 at December 31, 2013 and $13.93 at June 30, 2013. Return on average assets was 0.63% against 0.60% a year ago. Return on average common equity was 7.74% against 7.89% a year ago.

Peapack-Gladstone Financial Corporation Declares Quarterly Cash Dividend, Payable on August 14, 2014

Peapack-Gladstone Financial Corporation announced on July 17, 2014 that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share on its common stock. The dividend will be paid on August 14, 2014, to shareholders of record as of July 31, 2014.

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank Appoint Kevin Runyon as Executive Vice President, Information Technology

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the appointment of Kevin Runyon to the position of Executive Vice President - Information Technology. Mr. Runyon is responsible for leveraging emerging technologies in support of the Bank's strategic direction ultimately solidifying Peapack-Gladstone Bank as a leader in products, services and innovation within the banking industry. Recently serving as a managing director of All Covered, a Division of Konica Minolta in Cherry Hill, NJ, Kevin was responsible for the development and delivery of technology and IT compliance-related services.


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