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Peapack-Gladstone Bank Hires Senior Vice President, Director of Residential and Consumer Lending

 
Posted May 27, 2021
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the appointment of Neil Viotto, Senior Vice President, Director of Residential and Consumer Lending. Operating out of the Bank’s Headquarters in Bedminster, NJ, Mr. Viotto is responsible for both residential and consumer lending, management of the loan origination team, and new business development and underwriting.

With more than 29 years of industry experience, Neil most recently served as Vice President, Mortgage Originations Manager, Compliance Officer at Somerset Savings Bank, SLA, Bound Brook, NJ, where he streamlined the online mortgage application system while overseeing all aspects of the mortgage process from underwriting to processing and closing. 

 

Peapack-Gladstone Financial Corporation to Acquire Princeton Portfolio Strategies Group
Posted May 12, 2021


Posted May 12, 2021
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), parent company of Peapack-Gladstone Bank announced today that it has entered into an agreement to acquire Princeton, NJ-based Princeton Portfolio Strategies Group, LLC (“PPSG”), with assets under management of approximately $550 million. The Company anticipates the purchase will be immediately accretive to earnings. The transaction is expected to close in the third quarter of 2021, subject to the receipt of regulatory approval and other customary closing conditions.

PPSG, who will become part of Peapack Private, the wealth management division of the Bank, has been delivering wealth management services and customized portfolio management solutions to individuals and institutions since 2011. Their team of professionals has broad experience in advising and investing, and a long history of coordinating financial solutions with clients’ attorneys, accountants, and other professionals.


Peapack-Gladstone Financial Corporation Reports Strong First Quarter Results, Driven By Noninterest Income Totaling 36% Of Total Revenue


Posted April 29, 2021
The Company recorded total revenue of $49.61 million, net income of $13.18 million and diluted earnings per share (“EPS”) of $0.67 for the quarter ended March 31, 2021, compared to $46.27 million, $1.37 million and $0.07, respectively, for the same three month period ended March 31, 2020.

The 2021 quarter included increased noninterest income, principally wealth management income and income from capital markets activities (which includes mortgage banking income, loan level back-to-back swap income, SBA loan income, and corporate advisory fee income). The 2021 quarter also included a significantly reduced provision for loan losses when compared to the same quarter last year. 

Peapack-Gladstone Financial Corporation Declares Quarterly Cash Dividend

Posted April 27, 2021
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:PGC) announced on April 27, 2021 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 May 25, 2021 to shareholders of record as of May 11, 2021.

Jacqueline Reyes is promoted to Senior Vice President, BSA/AML/OFAC Officer at Peapack-Gladstone Bank

 
Posted April 26, 2021
Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announce the elevation of Jacqueline Reyes to senior vice president, Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/Office of Foreign Assets Control (OFAC) officer at Peapack-Gladstone Bank.  Over the past 21 years, and throughout her tenure at various NJ institutions, Ms. Reyes has been considered a leader, rising from customer service representative, operations manager, and compliance specialist, to an assistant BSA and AML officer, and now onto her new role. 


Peapack-Gladstone Bank Turns 100 in 2021


Posted April 19, 2021
Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), and Peapack-Gladstone Bank will celebrate the Bank’s 100th Anniversary this year, with its official anniversary date on September 12, 2021.

Commemoration of this unique and special occurrence will take place throughout the year in various forms. The Bank has produced a special 100th Anniversary historical compilation that tells the story of “100 Years of Integrity & Trust.” This journey is featured on the Bank’s website at www.pgbank.com/100years and is a true glimpse into how the Bank was built, how it has evolved and how it has grown and succeeded over a century.

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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 January 24, 2019 Peapack-Gladstone Bank Announces New Hires

Posted January 17, 2019 Peapack-Gladstone Bank Hires Paul Boudreau