Peapack Private Bank & Trust Looking Ahead to Long Island
Posted April 24, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce active negotiations to open office space in Garden City and Melville, New York, following the successful opening of their mid-town Manhattan commercial and retail space at 300 Park Avenue.
The Bank has secured temporary commercial space at 175 Broadhollow Road, Melville, NY, and has now received approval from its Board of Directors to apply for new retail space and continue negotiations for permanent space at 1010 Franklin Avenue in Garden City.
Doug Kennedy, President and Chief Executive Officer, stated, "We are continuing our expansion plans in the tri-state area by looking toward Long Island. This is a natural next step for us as we grow our commercial business and attract clients from the area that want direct access to their private banking team."
Recent News
Peapack-Gladstone Financial Corporation Reports First Quarter Financial Results
Posted April 22, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its first quarter 2025 financial results.
This earnings release should be read in conjunction with the Company's Q1 2025 Investor Update, a copy of which is available on our website at www.peapackprivate.com and via a Current Report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov.
During the first quarter of 2025, loans grew $236 million, to $5.8 billion, which represents an annualized growth rate of 17%. Core relationship deposit balances (which includes all deposits that are not custodial, brokered, or listing service) increased by $177 million in the first quarter of 2025, contributing to the ongoing enhancement of the Company's total liquidity position, which has improved by $928 million, or 26%, since January 1, 2024. Total deposits increased to $6.3 billion at March 31, 2025.
Peapack Private Bank & Trust Now Open in NYC
Posted April 21, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are excited to announce the opening of their flagship location in New York City at 300 Park Avenue, at the corner of Park Avenue and 50th Street.
This first-floor Financial Center spans 6,000 square feet and offers a deeply personal and unique private banking experience. It is designed to provide an alternative to the larger institutions in NY by focusing on bespoke client service and exceptional attention to detail. The Financial Center complements the 18,000 square feet of office space on the 13th floor, which was opened in 2023. This office space houses over 100 private bankers and relationship managers who specialize in offering high-end commercial and private banking solutions.
Carlos A. Pacheco is Promoted to Senior Vice President, Director of Enterprise Client Experience
Carlos A. Pacheco is Promoted to Senior Vice President, Director of Enterprise Client Experience
Posted April 2, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce the promotion of Carlos A. Pacheco to Senior Vice President, Director of Enterprise Client Experience. In this new role, Carlos will develop and implement strategies across the organization that ensure every client interaction is positive and impactful.
Carlos is now responsible for leading the Bank's client relationship surveys to drive improvements, implementing transformative changes across the organization's client contact center, driving the adoption of artificial intelligence initiatives with the goal of enhancing client interactions, spearheading bank-wide process improvements and executing experience management strategies to continuously improve client satisfaction. He is committed to fostering a collaborative environment to drive organizational success and ensure that the Bank's strategies align with client needs and expectations.
Linda Osterman is Promoted to Senior Managing Director
Posted March 27, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are proud to announce the promotion of Linda Osterman to Senior Managing Director. Based out of the Bank's Bedminster headquarters, Linda, a private mortgage banker, will continue to develop the Bank's private wealth relationships by originating residential-related loans for clients of our wealth management division, as well as other high-net-worth clients and prospects.
Osterman, who has been with Peapack Private since 2013, has more than 40 years of banking and financial experience.
Michael Madonia Joins Peapack Private Bank & Trust
Posted March 25, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Michael Madonia has joined the Bank as a Senior Managing Director of the Commercial and Industrial Lending Division.
Michael, who is based out of the Bank's New York City location on Park Avenue, is a successful banker with 22 years of experience as a top performing relationship manager, team, and division leader. He has a proven track record of client development and relationship management and is responsible for growing the Bank's commercial loan and deposit portfolio in the NY metropolitan area.
Madonia joins Peapack Private from Amalgamated Bank where he most recently served as a Senior Vice President Director, responsible for building out the business banking segment for the bank.
Nicholas LaMorte Joins the Commercial Real Estate Division at Peapack Private Bank & Trust
Posted March 19, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce the addition of Nicholas LaMorte to the Commercial Real Estate (CRE) team as a Senior Managing Director. Nicholas, along with a growing team of CRE bankers, is responsible for cultivating the Bank's presence in new markets, increasing loan production and developing the Bank's CRE portfolio.
LaMorte is a seasoned real estate finance professional with more than 20 years of experience. He has lent to top-tier real estate investors throughout the New York Metropolitan area, specializing in credit and depository needs. Most recently, LaMorte served as Senior Vice President and Group Director at Signature Bank, where over the span of his time there, he sourced, negotiated, and underwrote loans for various property types, organically developing a large commercial real estate portfolio with total aggregate loan balances of approximately $3.8 billion.
Archives
2025
Posted March 17, 2025 - Kenneth A. Stagnari Joins Peapack Private Bank & Trust
Posted March 5, 2025 - Peapack Private Bank & Trust Welcomes Zachary Bermudez
Posted March 3, 2025 - Peapack Private Bank & Trust Welcomes Joseph E. Fingerman
Posted February 6, 2025 - Peapack Private Bank & Trust Welcomes John Soffronoff as Enterprise Risk and Compliance Officer
Posted January 28, 2025 - Peapack-Gladstone Financial Corporation Reports Fourth Quarter Financial Results
2024
Posted December 9, 2024 - Peapack-Gladstone Bank Hires Paula Gambino as Senior Vice President
Posted November 1, 2024 - Peapack-Gladstone Bank to Rebrand as Peapack Private Bank & Trust
Posted October 22, 2024 - Peapack-Gladstone Financial Corporation Reports Third Quarter Results
Posted October 9, 2024 - Peapack-Gladstone Bank Hires Michael Anthony Guarino, Esq., CRCM as Senior Vice President
Posted September 30, 2024 - Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank’s Investment Grade Ratings Confirmed by Moody’s Investors Service
Posted September 25, 2024 - Peapack Private Hires Vanessa Tortorice as Senior Managing Director
Posted August 19, 2024 - Peapack Private Elevates MJ Sully, Esq. to Senior Managing Director, Chief Fiduciary Officer and President of PGB Trust & Investments of Delaware
Posted July 23, 2024 - Peapack-Gladstone Financial Corporation Reports Second Quarter Results
Published June 21, 2024 - Peapack Private Hires Kevin D. Casey as a Managing Principal with its Wealth Management Division
Posted June 10, 2024 - Lisa Fitzgerald Joins Peapack-Gladstone Bank as Senior Vice President, Equipment Finance Operations Manager
Posted May 3, 2024 - Peapack Private Hires Jerry Dominguez as Senior Managing Director
Posted April 23, 2024 - Peapack-Gladstone Financial Corporation Reports First Quarter Results
Posted April 22, 2024 - Greg Tamberlane Joins Peapack Private as Senior Vice President, Head of Commercial Bank Operations New York
Posted April 19, 2024 - Peapack-Gladstone Bank Promotes Kate Sant'Angelo to Senior Vice President, Director of Personal Banking
Posted April 8, 2024 - Peapack Private Announces New York City Expansion
Posted April 3, 2024 - Peapack Private Hires Joanne Gagliardi, Senior Managing Director
Posted April 2, 2024 - Dawn Kasulke Joins Peapack Private as Senior Managing Director, Team Leader
Posted March 18, 2024 - Peapack Private Investment Banking Advises Super Stud Building Products, Inc. and Affiliates on the Sale to EB Metals, Inc.
Posted January 29, 2024 - Peapack Private Moves to Park Avenue
Posted January 25, 2024 - Peapack-Gladstone Financial Corporation Reports Fourth Quarter Results
Posted January 16, 2024 -Peapack-Gladstone Bank Announces New Hires
2023
Posted December 18, 2023 - Peapack-Gladstone Bank’s Boonton Charity Christmas Tree Sale Supports Sound Start Foundation
Posted October 25, 2023 - Ronald Andersen, Senior Managing Director, Commercial Private Banker, at Peapack-Gladstone Bank Named to CIANJ Board of Directors
Posted October 24, 2023 - Peapack-Gladstone Financial Corporation Reports Third Quarter Results
Posted September 13, 2023 - Klaudio Nikolla Joins Peapack Private as Senior Managing Director, Commercial Private Banker
Posted September 6, 2023 - Peapack Private Hires James T. Foti, Senior Managing Director, Commercial Private Banker
Posted September 13, 2023 - Klaudio Nikolla Joins Peapack Private as Senior Managing Director, Commercial Private Banker
Posted September 6, 2023 - Peapack Private Hires James T. Foti, Senior Managing Director, Commercial Private Banker
Posted August 18, 2023 - Peapack-Gladstone Bank Announces Promotions and New Hires
Posted August 16, 2023 - Faycal Lhamidi Joins Peapack Private as Senior Managing Director, Commercial Private Banker
Posted August 3, 2023 - Raymond C. Radigan is the Newest Member of Peapack Private
Posted July 27, 2023 - Peapack-Gladstone Bank Hires Brian J. Scherman as Senior Vice President, Director of Residential and Consumer Lending
Posted July 26, 2023 - Joseph W. Harpster Joins Peapack Private as SVP, Senior Credit Officer
Posted July 25, 2023 - Peapack-Gladstone Financial Corporation Reports Second Quarter Results
Posted July 25, 2023 - Peapack-Gladstone Financial Corporation Reports Second Quarter Results
Posted July 19, 2023 - Christopher Tomai Joins Peapack Private
Posted July 17, 2023 - Peapack-Gladstone Bank Receives Editor’s Choice Recognition at Fintech Finance Banking Tech Awards USA Ceremony
Posted July 13, 2023 - Peapack-Gladstone Financial Corporation Announces Expansion Into New York City
Posted June 27, 2023 - Peapack-Gladstone Bank Promotes Heather Gibbs to Senior Vice President, Enterprise Risk and Information Security Officer
Posted June 22, 2023 - Peapack-Gladstone Financial Corporation Announces the Appointment of a New Director
Posted January 27, 2023 - Peapack-Gladstone Financial Corporation Reports Strong Fourth Quarter Results, as Net Interest Margin Continues to Expand
Posted January 25, 2023 - Peapack-Gladstone Bank Announces the Winner of “Neighme” that Horse!
2022
Posted December 23, 2022 - Douglas L. Kennedy Reelected as a Class A Director to New York Fed Board of Directors
Posted December 22, 2022 - Patrick Scatuorchio Joins Peapack Capital as Senior Vice President, Business Development Officer
Posted December 22, 2022 - Peapack-Gladstone Banks Boonton Christmas Tree Sale Supports Lakeland Hills Family YMCA
Posted October 31, 2022 - Frank A. Cavallaro to Join Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank as Senior Executive Vice President
Posted October 27, 2022 - Peapack-Gladstone Financial Corporation Reports Strong Third Quarter Results, as Net Interest Margin Continues to Expand
Posted September 19, 2022 - Peapack-Gladstone Bank Announces Enhancements to its Subsidiary, Peapack Capital
Posted July 29, 2022 - Peapack-Gladstone Financial Corporation Reports Strong Second Quarter Results, as Net Interest Margin Continues to Expand
Posted June 28, 2022 - Peapack-Gladstone Bank Hires Roger Grossman, Senior Managing Director, Commercial Private Banker
Posted June 28, 2022 - Peapack-Gladstone Bank Announces Enhancements to its Personal Banking Division
Posted June 9, 2022 - Peapack Private Wealth Management Promotes Amy M. Long to Senior Managing Director, Chief Administrative Officer
Posted June 8, 2022 - Peapack-Gladstone Bank Promotes Lisa Ciampi, CPA to Senior Vice President, Managing Principal, Head of Operations
Posted May 31, 2022 - Peapack Private Wealth Management Promotes Nicole Bonanno to Senior Managing Director, Director of Client Service
Posted April 29, 2022 - Peapack-Gladstone Financial Corporation Reports Strong First Quarter Results
Posted April 15, 2022 - Bank Subsidiary, Peapack Capital, Celebrates 5th Anniversary
Posted April 12, 2022 - Peapack Private Investment Banking Advises on Sale of D'Artagnan
Posted March 9, 2022 - Peapack Private Investment Banking Advises Community Surgical Supply in Sale
Posted February 8, 2022 - Peapack-Gladstone Bank Appoints Heidi H. Smith, Esq. as Senior Vice President, General Counsel and Corporate Secretary
Posted January 28, 2022 - Peapack-Gladstone Financial Corporation Reports Strong Fourth Quarter Results and Announces Another 5% Stock Repurchase Program
Posted January 11, 2022 - Peapack-Gladstone Bank Hires New SBA Team Members
Posted on January 11, 2022 - Peapack-Gladstone Bank Hires Karen Rosner as Vice President, Assistant Brand and Marketing Director
2021
Posted on December 22, 2021 - Peapack-Gladstone Bank Gives Back this Holiday Season
Posted December 16, 2021 - Peapack-Gladstone Bank’s Return of the Boonton Christmas Tree Sale Supports nourish.NJ
Posted December 1, 2021 - Peapack-Gladstone Bank Hires Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel
Posted December 1, 2021 - Peapack-Gladstone Bank Earns 2021 Best Banks to Work For Recognition
Posted November 18, 2021 - Peapack-Gladstone Bank Celebrates Company’s 100th Anniversary through Volunteerism
Posted November 18, 2021 - Brandon J. Smith Joins Peapack Capital as Senior Vice President, Head of Asset Management
Posted November 18, 2021 - Peapack-Gladstone Bank Hires Brenda Boyce, Vice President, Senior Credit Underwriter at Peapack Capital
Posted November 8, 2021 - Peapack-Gladstone Bank Brings Back Boonton Christmas Tree Sale Tradition
Posted October 28, 2021 – Peapack-Gladstone Bank Corporation Reports Third Quarter Results, as Record Wealth Management Fee Income Drives Total Fee Income to 34% of Total Revenue
Posted September 1, 2021 – Peapack-Gladstone Bank Hires Senior Managing Director, Market President
Posted July 28, 2021 – Peapack-Gladstone Financial Corporation Reports Strong Second Quarter Results, Driven By Increased Wealth Management Fee Income, Strong Loan Growth And Margin Expansion
Posted July 1, 2021 – Peapack Private Wealth Management Acquires Princeton Portfolio Strategies Group
Posted May 27, 2021 – Peapack-Gladstone Bank Hires Senior Vice President, Director of Residential and Consumer Lending
Posted May 12, 2021 – Peapack-Gladstone Financial Corporation to Acquire Princeton Portfolio Strategies Group
Posted April 27, 2021 – Peapack-Gladstone Financial Corporation Declares Quarterly Cash Dividend
Posted April 19, 2021 – Peapack-Gladstone Bank Turns 100 in 2021
Posted April 12, 2021 – Peapack-Gladstone Bank Now Open in Boonton, NJ
Posted April 5, 2021 - Matthew Remo is Promoted to Senior Vice President, Director of Strategy and Development at Peapack-Gladstone Bank
Posted February 2, 2021 – Peapack Gladstone Financial Corporation Reports Fourth Quarter and Full Year Results and Announces a 5% Stock Repurchase Program
2020
Posted December 17, 2020 – New Jersey Headquartered Banks Commit Over $145,000 to Support Hackensack
Posted December 16, 2020 – Peapack-Gladstone Bank Brings Holiday Cheer
Posted December 14, 2020 – Peapack Private Wealth Management Hires Team from Noyes Capital Management
Posted November 9, 2020 – Peapack-Gladstone Bank Hires New Senior Managing Director, Commercial Private Banker
Posted October 28, 2020 – Peapack-Gladstone Financial Corporation Reports Third Quarter Results
Posted September 3, 2020 – Peapack-Gladstone Bank Announces Sale of Paycheck Protection Program Loans
Posted August 25, 2020 – Peapack-Gladstone Bank Report Lessons Learned: What the SBA’s PPP Loan Process Revealed to Us About Small Businesses and Our Bank
Posted August 18, 2020 – Peapack-Gladstone Bank Helps Stock New Jersey Food Banks
Posted August 11, 2020 – Peapack Capital partners with LTi Technology Solutions to fuel equipment finance expansion
Posted July 29, 2020 – Peapack-Gladstone Financial Corporation Reports Second Quarter Results
Posted May 5, 2020 – Peapack-Gladstone Financial Corporation Reports First Quarter Results
Posted April 17, 2020 – Community Bank Saves 30,000 Small Business Jobs in New Jersey
Posted April 10, 2020 – Cynthia Fusillo Completes Chartered Special Needs Consultant® Certification Requirements
Posted April 3, 2020 – Peapack-Gladstone Bank Continues to Support Clients and the Community
Posted February 10, 2020 – Peapack Capital Originates more than $300 Million in 2019
Posted January 29, 2020 – Peapack-Gladstone Financial Corporation Reports Record Fourth Quarter and Full Year Results, Driven by Solid Wealth Management and Commercial Banking Activities
2019
Posted December 10, 2019 – Bottomline Delivers Intelligent Customer Engagement for Peapack-Gladstone Bank
Posted October 23, 2019 – Peapack-Gladstone Bank Hires John A. Trobiano, Senior Managing Director, Wealth Advisor, for Peapack Private Wealth Management
Posted September 20, 2019 – Tri-County Scholarship Fund to Honor Douglas L. Kennedy Among Others at 38th Annual Awards Dinner
Posted September 3, 2019 – Point View Wealth Management Becomes a Peapack Private Wealth Management Firm
Posted July 26, 2019 – Peapack-Gladstone Financial Corporation Reports Second Quarter Results, Quarterly Cash Dividend and Stock Repurchase Program
Posted July 10, 2019 – Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank Receive Investment Grade Ratings from Moody’s Investors Service
Posted July 5, 2019 – Peapack-Gladstone Financial Corporation to Acquire Point View Wealth Management
Posted April 26, 2019 – Peapack-Gladstone Financial Corporation Reports First Quarter Results and Declares its quarterly Cash Dividend
Posted April 1, 2019 – Peapack-Gladstone Bank Announces Appointment of Executive Vice President, Head of Commercial Banking
Posted February 28, 2019 – Peapack-Gladstone Financial Corporation Announces Appointment of Two New Directors
Posted January 28, 2019 – Betty S. Thomas Completes CERTIFIED FINANCIAL PLANNER™ Certification Requirements