Peapack-Gladstone Bank Announces New Hires
Posted February 16, 2023
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market PGC) is proud to announce new employees.
Drew B. Blankenbiller joins Peapack-Gladstone Bank as Assistant Vice President, Asset Liability Manager, Finance. Drew is responsible for assisting in the management of financial risks related to the Bank’s balance sheet which includes a focus on the Bank’s internal investment portfolio strategy.
Peapack Private Investment Banking welcomes John Bolebruch, a Senior Advisor within the Corporate Advisory Group. He assists the Corporate Advisory team in continuing to develop and grow its successful investment banking business. His responsibilities include client management, new business development and project oversight.
Carrie R. Kittel joins Peapack Capital, a subsidiary of Peapack-Gladstone Bank as Vice President, Equipment Finance Operations Officer. With 19 years of experience across both consumer and commercial banking environments and now as a member of the Peapack Capital Equipment Finance Operations Team, Carrie is responsible for leasing operations, front, mid- and back-office support, including reporting and process improvements.
Justin Koppel joins Peapack Private Wealth Management as a Managing Director, Wealth Advisor. He oversees new and existing client relationships with high-net-worth clients.
Anna Neves joins Peapack Private Wealth Management as Vice President, Wealth Client Service Coordinator. She provides direct support to the Director of Client Service by managing projects, assisting with the oversight of third-party custodian relationships and operations and serving as an additional resource for other client service operations issues.
Recent News
Dr. Zoya Faynleyb, CAMS, CRCM, CAFP Joins Peapack-Gladstone Bank as Senior Vice President, Deputy Chief Risk Officer, BSA/AML/OFAC Officer
Posted January 31, 2023
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce the appointment of Dr. Zoya Faynleyb, CAMS, CRCM, CAFP as Senior Vice President, Deputy Chief Risk Officer. Working out of the organization’s Bedminster, New Jersey location, Dr. Faynleyb joins Peapack-Gladstone Bank’s experienced team of risk and compliance professionals. As the Deputy Chief Risk Officer, she is the Bank’s board approved BSA/AML/OFAC Officer, responsible for compliance with the Bank Secrecy Act, Anti-Money Laundering, Office of Foreign Asset Control and all related regulations. Dr. Faynleyb directly supervises the BSA/AML/OFAC team and assists in overseeing Peapack-Gladstone Bank’s Risk Management Program.
With over 20 years of expertise in banking and financial services, risk management and compliance, Dr. Faynleyb’s knowledge and experience are invaluable to the institution. She most recently served as Director of AML & Sanctions at a Fortune 500 fintech company where she oversaw the AML compliance activities of regulated financial institutions and subsidiaries of the company, and managed corporate initiatives, including regulatory change management, governance, training, communication with regulators, and development of new processes. Prior experience also includes positions as Chief Compliance, BSA & Security Officer at three community banks in Pennsylvania and New York.
Peapack-Gladstone Financial Corporation Reports Strong Fourth Quarter Results, as Net Interest Margin Continues to Expand
Posted January 27, 2023
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the “Company”) announces its fourth quarter 2022 results.
This earnings release should be read in conjunction with the Company’s Q4 2022 Investor Update, a copy of which is available on our website at www.pgbank.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 total revenue of $64.85 million, net income of $20.58 million and diluted earnings per share (“EPS”) of $1.12 for the quarter ended December 31, 2022, compared to revenue of $56.17 million, net income of $14.86 million and diluted EPS of $0.78 for the three months ended December 31, 2021.
The Company’s return on average assets, return on average equity, and return on average tangible equity totaled 1.33%, 15.73% and 17.30%, respectively, for the December 2022 quarter, reflecting significant increases from the December 2021 quarterly levels.
The December 2022 quarter results were driven by continued improvement in net interest income and net interest margin, which improved $10.8 million and 66 basis points, when compared to the December 2021 quarter (and $2.5 million and 14 basis points when compared to the September 2022 quarter). This increase was partially offset by a decline in noninterest income, principally wealth management fee income and capital markets activity fee income, due to volatility in the markets.
Peapack-Gladstone Bank Announces the Winner of “Neighme” that Horse!
Posted January 25, 2023
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the winner of its “Neighme” that horse contest. Held at the Bank’s Boonton branch charity Christmas tree sale, visitors submitted names for the two horse statues that adorn the property. And the winner is? Eleven-year-old Mikayla Gadaleta, who banked on “Noble” and “Liberty” for the win! Mikayla is an avid horse enthusiast and rider, so this contest was right up her ally! Both she and her family joined many others in the community who entered the contest while selecting the perfect holiday tree at the Bank’s annual charity tree sale. This year’s event helped raise over $30,000 to benefit youth mental health programs at the Lakeland Hills Family YMCA.
Peapack-Gladstone Bank welcomes you to stop at its picturesque, one-of-a-kind branch located at 104 Ely Place in Boonton, chat with the staff, and learn about all the Bank has to offer, not only with your financial needs, but in supporting its communities. In the meantime, many thanks to everyone who submitted a name. Hope it was as much fun for you as it was for the judges who weighed your choices!
Douglas L. Kennedy Reelected as a Class A Director to New York Fed Board of Directors
Posted December 23, 2022
The Federal Reserve Bank of New York announced that Douglas L. Kennedy, president and chief executive officer of Peapack-Gladstone Bank, has been reelected as a Class A director representing Group 2, which consists of banks with capital and surplus of $40 million to $2 billion. Mr. Kennedy will serve a three-year term ending December 31, 2025.
Mr. Kennedy leads Peapack-Gladstone Bank’s wealth, lending and deposit lines of business, along with its branding, human capital, operations and technology functions. Mr. Kennedy sits on Sacred Heart’s board of trustees and is also a member of Montclair State University’s board of trustees. He serves on the boards of the New Jersey Bankers Association and New Jersey Chamber of Commerce. Mr. Kennedy was elected to the Board of Directors of the Federal Reserve Bank of New York (New York Fed) in January 2020.
Mr. Kennedy is a graduate of Sacred Heart University in Fairfield, Connecticut with a bachelor’s degree in economics and an MBA in finance.
Patrick Scatuorchio Joins Peapack Capital as Senior Vice President, Business Development Officer
Posted December 22, 2022
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce the appointment of Patrick Scatuorchio as Senior Vice President, Business Development at Peapack Capital, the equipment finance subsidiary of Peapack-Gladstone Bank. Working out of the organization’s Red Bank, New Jersey location, Mr. Scatuorchio joins Peapack-Capital’s team of experienced equipment finance and leasing professionals.
With over 40 years of experience in the equipment finance industry, Mr. Scatuorchio’s knowledge and experience are invaluable to the institution. He most recently served as Vice President, Territory Manager at Wells Fargo Equipment Finance, Inc. where he spent the last 12 years originating equipment finance transactions across New Jersey, Long Island, Eastern PA and Delaware. Prior to that as Vice President at Tygris Equipment Finance, Patrick was instrumental in establishing the Northeast Region for the newly-formed equipment finance subsidiary of Aquiline Partners hedge fund. Additional equipment finance and leasing experience include positions as Vice President, Healthcare Finance at CIT Equipment Finance; District Manager, GE Capital; and Vice President, Intermediate Funding, Finova Capital Corporation (formerly Bell Atlantic Tricon).
Peapack-Gladstone Banks Boonton Christmas Tree Sale Supports Lakeland Hills Family YMCA
Posted December 22, 2022
This holiday season, Peapack-Gladstone Bank (PGC) presented its 2nd Annual Boonton Christmas Tree Sale to benefit charity. Held on November 25 through December 9, this sale was entirely orchestrated by Peapack-Gladstone Bank volunteers who took pride in making the holidays merry and bright for many local individuals and families. The Bank’s Boonton location at 104 Ely Place was the perfect backdrop to showcase a wide variety of live trees, in various species and sizes. One hundred percent of this year’s sales totaling $30,607 were donated to youth mental health programs offered by the Lakeland Family YMCA in Mountain Lakes; and each year, a new community beneficiary will be named.
The Peapack-Gladstone Bank live tree sale was reminiscent of past sales sponsored by the local Kiwanis Club, bringing back an old-fashioned quality and annual tradition to the community. “It was wonderful to see the large number of families that came out to enjoy the festive ambiance and browse amongst the 300 trees offered for sale,” said Robert Plante, Executive Vice President and COO at Peapack-Gladstone Bank.
Archives
2022
Posted December 15, 2022 - Peapack-Gladstone supports Red Bank community program with holiday donation
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 December 2, 2020 – Peapack-Gladstone Bank Recognized for Community Service
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 23, 2019 – Douglas L. Kennedy, President and CEO of Peapack-Gladstone Bank Appointed to Federal Reserve Bank of New York Board of Directors
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 March 28, 2019 – Peapack-Gladstone Bank Named CIANJ Champion of Good Works in Helping Veterans
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