Peapack-Gladstone Financial Corporation Reports Fourth Quarter Financial Results
Posted January 29, 2026
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its fourth quarter 2025 financial results.
This earnings release should be read in conjunction with the Company's Q4 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.
The Company recorded net income of $12.2 million and diluted earnings per share ("EPS") of $0.69 for the quarter ended December 31, 2025, which is an increase of 26%, compared to net income of $9.6 million and diluted EPS of $0.54 for the quarter ended September 30, 2025.
Net income for the twelve-month period ended December 31, 2025 grew by 13% to $37.3 million, or $2.10 per share, compared to $33.0 million, or $1.85 per share for the twelve months ended December 31, 2024.
Total deposits grew by a net amount of $460 million, or 8%, over the last twelve months to $6.6 billion at December 31, 2025. Core relationship deposits increased $828 million for the year, as the Company continues to replace higher-cost deposit balances with new relationships at a lower funding cost. Noninterest-bearing deposit growth was strong throughout the year increasing by $316 million, or 28%, during 2025. Total loans grew by $738 million, or 13%, to $6.3 billion during the twelve-month period ended December 31, 2025. Loans were originated at a weighted average coupon of 6.60% during the year, resulting in an incremental spread of more than 400 basis points on new business when compared to funding sources in 2025.
Recent News
Peapack Private Appoints Elizabeth Martone as Senior Managing Director
Posted January 28, 2026
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce that Elizabeth "Liz" Martone has joined the organization as Senior Managing Director, Group Director. Operating from the Bank's Park Avenue Office in New York City, she will play a pivotal role as a part of James Handal's leadership team.
Liz is a seasoned banking executive with 25 years of financial services experience and a proven track record of building and managing high-value client relationships, driving business development, and enhancing operational efficiency. Most recently, she served as Senior Vice President, Commercial Private Banking at BankUnited in Melville, NY, where she led a team of associates and provided guidance to enhance the client experience.
Peapack Private Appoints Mark Zingale as Chief Legal Officer
Posted January 12, 2026
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce that Mark Zingale has joined the organization as Senior Vice President and Chief Legal Officer, based in Bedminster, New Jersey. In this role, Mr. Zingale will oversee all legal, regulatory and governance matters for the bank and its subsidiaries, supporting the organization's strategic growth and commitment to strong risk management.
Mr. Zingale brings more than two decades of experience advising financial institutions and regulated companies on complex legal and regulatory issues. He joins Peapack Private Bank & Trust from Revolut, where he served as Senior Regulatory Counsel, advising senior leadership on bank and bank-holding-company regulations, supervisory matters, and strategic initiatives across a global digital-banking platform.
Peapack Private Bank & Trust Named a Best Bank to Work For
Posted November 12, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce that Peapack Private Bank & Trust has been named one of the 2025 Best Banks to Work For. American Banker partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees.
This year, 90 banks earned a spot in the ranking based on an anonymous employee survey and a thorough review of benefits and perks. The full list of the 2025 Best Banks to Work For is featured at http://www.americanbanker.com.
Peapack Private Investment Banking Advises ACA Computers on Strategic Sale to Network Coverage
Posted November 6, 2025
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), the holding company for Peapack Private Bank & Trust and its investment banking subsidiary, Peapack Private Investment Banking, is pleased to announce its advisory role in the sale of ACA Computers, LLC ("ACA") to Network Coverage. Peapack Private advised ACA's selling shareholders, JP Pladek and Paul Schmalz, throughout the transaction. Financial terms were not disclosed.
Archives
2025