Peapack Private Hires Ron Bezoza as Senior Managing Director - Managing Principal, Head of Sales and Relationship Management
Posted February 27, 2024
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announces the appointment of Ron Bezoza as Senior Managing Director - Managing Principal, Head of Sales and Relationship Management at Peapack Private, a division of Peapack-Gladstone Bank. Ron joins the Peapack Private leadership team where he will help lead growth, profitability, client satisfaction, and expansion into new products, solutions, capabilities, and markets while supporting our wealth advisors to continue to deliver an unparalleled service level to current and future clients. Mr. Bezoza is also responsible for expanding Peapack Private’s footprint through recruiting and business development.
With more than 25 years of experience in the financial services arena and positions in leadership roles, Ron has built and grown wealth management business and best-in-class teams. Previously, he served as President, Leon Financial Network at Leon Capital Group, overseeing the wealth management business with a concentration on strategic planning, business development, and platform development.
Recent News
Peapack Private Moves to Park Avenue
Posted January 29, 2024
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), the holding company for Peapack Private, a division of Peapack-Gladstone Bank, has executed on plans to move into New York City by finalizing its lease on both office and retail space at 300 Park Avenue. The move to Midtown has been in the works since the Company originally announced NY expansion plans in July of 2023, and began recruiting top level talent from the Tri-State area.
"We are seizing the opportunity to grow our private banking business into NY after the volatility of 2023," said Doug Kennedy, President and Chief Executive Officer. "There's no better place to do that than on Park Avenue, and we are excited to begin this chapter of our journey."
The flagship location features 10,000 square feet of office space on the 13th floor and 6,000 square feet of luxury retail space on the first floor.
Peapack-Gladstone Financial Corporation Reports Fourth Quarter Results
Posted January 25, 2024
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the “Company”) announces its fourth quarter 2023 financial results.
This earnings release should be read in conjunction with the Company’s Q4 2023 Investor Update, a copy of which is available on our website at www.pgbank.comand via a current report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov.
The Company recorded total revenue of $54.3 million, net income of $8.6 million and diluted earnings per share (“EPS”) of $0.48 for the quarter ended December 31, 2023, compared to revenue of $64.9 million, net income of $20.6 million and diluted EPS of $1.12 for the quarter ended December 31, 2022.
The net interest margin stabilized at 2.29% for the quarter ended December 31, 2023, compared to 2.28% for the quarter ended September 30, 2023 and 3.12% for the quarter ended December 31, 2022.
The Company’s return on average assets was 0.53%, return on average equity was 6.13%, and return on average tangible equity was 6.68% for the quarter ended December 31, 2023. Year over year deposits increased by $69.0 million to $5.3 billion and loans grew $135.2 million to $5.4 billion as of December 31, 2023.
The Company’s liquidity position remains stable as balance sheet liquidity (consisting of cash and cash equivalents and securities available for sale) increased to $782.4 million as of December 31, 2023, which was 12.08% of total assets. The Company also had $2.7 billion of external borrowing capacity available, which, when combined with balance sheet liquidity provides us with 297% coverage of our uninsured deposits. Approximately 78% of our deposits are presently covered by FDIC insurance or are fully collateralized.
Peapack-Gladstone Bank Announces New Hires
Posted January 16, 2024
Peapack-Gladstone Financial and Peapack-Gladstone Bank appointed Philip Prudenti, CAMS as Vice President, Head of KYC and Client Onboarding at Peapack-Gladstone Bank. He joins the Company’s experienced team of risk and compliance professionals, assessing and implementing best practice procedures.
With over 25 years of expertise in financial services, risk management and compliance, Prudenti’s knowledge is invaluable to the institution. He most recently served as Director, Head of Special Approval – BSA/AML Operations at First Republic Bank in New York City where he oversaw the BSA/AML Due Diligence Operations group for client onboarding in New York, San Francisco and Boston.
Artur Wisniewski joins Peapack-Gladstone Bank as Vice President and Support Manager of the Company’s New York location. He is responsible for managing the day-to-day residential mortgage area, assisting relationship managers with investor guidelines, products, structuring loans, and identifying and resolving loan issues.
Wisniewski has 22 years of experience in the financial services industry, previously serving as Vice President, Senior Residential Loan Officer at City National Bank where he was responsible for the coordination and processing of the internal mortgage process from initiation through closing.
Peapack-Gladstone Bank Appoints Rich Johnston as President, Peapack Capital, a Subsidiary of Peapack-Gladstone Bank
Posted January 11, 2024
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing. Rich is now responsible for overseeing all originations and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries, in addition to out-bound syndications. Since joining Peapack Capital in 2017, he has played a significant role in the growth of this important business segment.
Peapack-Gladstone Bank Hires Birgitta Natale as Senior Vice President, Director of Residential and Consumer Lending
Posted January 9, 2024
Peapack-Gladstone Bank Hires Birgitta Natale as Senior Vice President, Director of Residential and Consumer Lending
Posted January 9, 2024
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Birgitta Natale as Senior Vice President, Director of Residential and Consumer Lending. In this role, Ms. Natale is responsible for both residential and consumer lending, management of the residential loan originations team, and new business development as well as the build out of the mortgage operations expansion into New York.
With more than 27 years of experience in the financial services arena, Birgitta previously served as Vice President, East Coast Closing and Head of New York Processing at First Republic Bank, where she built and managed operations of the east coast region closing/funding teams and headed the NY and Florida loan specialist area.
Peapack-Gladstone Bank’s Boonton Charity Christmas Tree Sale Supports Sound Start Foundation
Posted December 18, 2023
Peapack-Gladstone Bank’s Boonton Charity Christmas Tree Sale Supports Sound Start Foundation
Posted December 18, 2023
This holiday season, Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank presented its 3rd Annual Boonton Charity Christmas Tree Sale. Held November 24 through December 9, one hundred percent of this year’s sales and donations totaling more than $35,000 benefitted Sound Start Foundation. Regardless of a family’s ability to pay, and for over a quarter of a century, Sound Start, a 501c(3), has provided early intervention services to babies with hearing loss – changing lives forever. This festive event, organized entirely by Peapack-Gladstone Bank, was a great way to bring people together to celebrate the season, while making the holidays merry and bright for local individuals and families. Each year, a new community beneficiary is named; and over the last three years, the Bank has raised nearly $100,000 through this effort.
Archives
2023
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 26, 2021 – Jacqueline Reyes is promoted to Senior Vice President, BSA/AML/OFAC Officer at Peapack-Gladstone Bank
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 March 16, 2021 – Peapack-Gladstone Bank to Open a New Location
Posted February 10, 2021 – Peapack Private Investment Banking Advises on the Sale of Randall Farms
Posted February 2, 2021 – Peapack Gladstone Financial Corporation Reports Fourth Quarter and Full Year Results and Announces a 5% Stock Repurchase Program
Posted January 21, 2021 – Peapack-Gladstone Bank Promotes Gregory M. Smith, President of Commercial Banking and Stuart Vorcheimer, Market President and Head of Commercial and Industrial Lending at Peapack-Gladstone Bank
Posted January 19, 2020 – Peapack-Gladstone Bank Hires New Senior Managing Director, Commercial Private Banker
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 December 14, 2020 – Ralf Sellig, Rob Vogel and Team from Lucas Capital Management Join Peapack Private Wealth Management
Posted November 25, 2020 – Kim Waldron, Senior Managing Director at Peapack-Gladstone Bank Completes NJBankers Emerging Leaders Program
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 October 28, 2020 – Peapack-Gladstone Bank Named a “Best Banks to Work For in 2020” by American Banker for the Third Straight Year
Posted October 18, 2020 – Peapack-Gladstone Bank Hires New Senior Vice President
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 June 30, 2020 – Peapack-Gladstone Bank Announces the Expansion of the Peapack Capital Team to Accommodate Continued Growth
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 August 29, 2019 – Peapack-Gladstone Bank has been named one of the Best Banks to Work For in 2019 by American Banker
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
Posted January 25, 2019 – Peapack-Gladstone Financial Corporation Reports Fourth Quarter and Full Year Results and Declares Its Cash Dividend
Posted January 24, 2019 – Peapack-Gladstone Bank Announces New Hires