olivLaw · US equity research
Peapack-Gladstone Financial Corporation PGC
Commercial Banks, NEC · SIC 6029 · Vertical: Commercial Banks, NEC (SIC 6029)
Peapack-Gladstone Financial Corporation is a New Jersey bank holding company whose subsidiary Peapack Private Bank & Trust combines commercial banking with wealth management for clients in the New York metropolitan area. It matters now because revenue and net interest margin rose through 2026 following its expansion in New York, with assets under management above 13 billion dollars.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Peapack-Gladstone Financial Corporation (PGC) stock was 47.35 USD (+1.81% on the day), with market capitalisation 839.4 m USD, P/E 16.4 on diluted EPS of 2.89 USD over the last 12 months, dividend yield 0.42%, beta 0.96, 52-week range 24.87–48.33 USD. Latest reported quarter (Q2 2026): revenue of 86.1 m USD (+23.4% YoY), net income of 16.0 m USD (+101.1% YoY), diluted EPS 0.86 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 66.9
- strong (55–70)
- Bollinger (20, 2)
- 41.91 – 47.56
- in the upper half of the band · %B 0.96 · band width 12.6%
- SMA 50 / 200
- 44.88 / 41.55
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.62 / 0.29
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +6.8% | −1.1% | +7.9 pp | — |
| 3 months | +2.0% | −0.5% | +2.5 pp | — |
| 6 months | +9.6% | +4.4% | +5.2 pp | — |
| Year to date | +70.0% | +12.3% | +57.7 pp | — |
| 1 year | +91.2% | +13.5% | +77.7 pp | +16.8% |
| 3 years | +84.9% | +76.4% | +8.5 pp | +132.7% |
| 5 years | +32.3% | +63.7% | −31.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.6 m | 61.8 m | 64.4 m | 69.7 m | 70.7 m | 78.2 m | 82.5 m | 86.1 m |
| Pre-tax income | 10.7 m | 12.2 m | 10.4 m | 11.3 m | 13.6 m | 17.0 m | 19.7 m | 22.3 m |
| Income tax | 3.2 m | 3.0 m | 2.9 m | 3.3 m | 4.0 m | 4.8 m | 5.6 m | 6.3 m |
| Net income | 7.6 m | 9.2 m | 7.6 m | 7.9 m | 9.6 m | 12.2 m | 14.2 m | 16.0 m |
| Diluted EPS | 0.43 | 0.52 | 0.43 | 0.45 | 0.54 | 0.69 | 0.80 | 0.86 |
| Operating cash flow | 24.7 m ≈ | 26.5 m | -7.9 m | 15.9 m ≈ | 36.2 m ≈ | -1.1 m | 24.6 m | 51.2 m ≈ |
| Capex | 1.7 m ≈ | 4.0 m | 3.6 m | 6.0 m ≈ | 2.2 m ≈ | 2.5 m | 1.3 m | 2.6 m ≈ |
| Dividends paid | 882.0 k ≈ | 874.0 k | 880.0 k | 887.0 k ≈ | 877.0 k ≈ | 877.0 k | 879.0 k | 886.0 k ≈ |
| Share repurchases | 2.6 m ≈ | 0 | — | — | 2.7 m ≈ | 0 | — | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 82 percentile of its own 39-quarter history (min 6.9, median 13.2, max 19.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 159.4 m | 175.0 m | 189.4 m | 210.3 m | 242.5 m | 229.7 m | 228.1 m | 283.0 m |
| Revenue YoY | +9.3% | +9.8% | +8.2% | +11.1% | +15.3% | −5.3% | −0.7% | +24.1% |
| Net income | 44.2 m | 47.4 m | 26.2 m | 56.6 m | 74.2 m | 48.9 m | 33.0 m | 37.3 m |
| Net income YoY | +21.0% | +7.4% | −44.8% | +116.2% | +31.1% | −34.2% | −32.5% | +13.2% |
| Diluted EPS | 2.31 | 2.44 | 1.37 | 2.93 | 4.00 | 2.71 | 1.85 | 2.10 |
| Diluted EPS YoY | +13.8% | +5.6% | −43.9% | +113.9% | +36.5% | −32.3% | −31.7% | +13.5% |
| net % | 27.7% | 27.1% | 13.8% | 26.9% | 30.6% | 21.3% | 14.5% | 13.2% |
| Free cash flow | 63.2 m | 84.6 m | 33.6 m | 71.5 m | 115.4 m | 66.8 m | 63.0 m | 28.8 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 187.8 m USD
- Financial debt
- 73.3 m USD
- Net debt
- -114.6 m USD
- Equity
- 658.2 m USD
- Total assets
- 7.5 bn USD
- Debt / equity
- 0.11x
- Current ratio
- unavailable
- ROE
- 5.9%
- ROA
- 0.5%
- FCF margin
- 10.2%
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Net interest income | 127.6 m | 138.1 m | 176.1 m | 156.1 m | 149.0 m | 200.9 m | SEC (XBRL)· 11 Mar 2026verified |
| Net fee income | 61.8 m | 72.2 m | 82.1 m | 73.6 m | 79.1 m | 82.1 m | SEC (XBRL)· 11 Mar 2026verified |
| Non-interest expense | 125.0 m | 126.2 m | 133.8 m | 148.3 m | 175.7 m | 207.2 m | SEC (XBRL)· 11 Mar 2026verified |
| Pre-tax income | 32.0 m | 77.7 m | 102.3 m | 67.3 m | 45.0 m | 52.3 m | SEC (XBRL)· 11 Mar 2026verified |
| Net income | 26.2 m | 56.6 m | 74.2 m | 48.9 m | 33.0 m | 37.3 m | SEC (XBRL)· 11 Mar 2026verified |
| Diluted EPS | 1.37 | 2.93 | 4.00 | 2.71 | 1.85 | 2.10 | SEC (XBRL)· 11 Mar 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 653.3 m | 146.8 m | 190.1 m | 187.7 m | 391.4 m | 187.8 m | SEC (XBRL)· 11 Mar 2026verified |
| Loans | 4.3 bn | 4.7 bn | 5.2 bn | 5.4 bn | 5.4 bn | 6.2 bn | SEC (XBRL)· 11 Mar 2026verified |
| Total assets | 5.9 bn | 6.1 bn | 6.4 bn | 6.5 bn | 7.0 bn | 7.5 bn | SEC (XBRL)· 11 Mar 2026verified |
| Deposits | 4.8 bn | 5.3 bn | 5.2 bn | 5.3 bn | 6.1 bn | 6.6 bn | SEC (XBRL)· 11 Mar 2026verified |
| Short-term debt | 15.0 m | — | 379.5 m | 403.8 m | — | 73.3 m | SEC (XBRL)· 11 Mar 2026verified |
| Total liabilities | 5.4 bn | 5.5 bn | 5.8 bn | 5.9 bn | 6.4 bn | 6.9 bn | SEC (XBRL)· 11 Mar 2026verified |
| Equity | 527.1 m † | 546.4 m † | 533.0 m † | 583.7 m † | 605.8 m † | 658.2 m † | SEC (XBRL)· 11 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Dividends paid | 3.8 m | 3.8 m | 3.6 m | 3.6 m | 3.5 m | 3.5 m | SEC (XBRL)· 11 Mar 2026verified |
| Share repurchases | 6.5 m | 28.6 m | 32.7 m | 12.5 m | 7.2 m | 5.4 m | SEC (XBRL)· 11 Mar 2026verified |
Computed indicators
Growth
Profitability
Returns
Market and valuation
Banking
32 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 23 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 839.4 m USD
Key indicators
Coverage and freshness
Score by group
- Valuation42
- Balance sheet16
- Quality15
- Growth23
- Returns17
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.63 – 78.38 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Residual income38.06 – 39.83 (Mid 38.93)
- Justified P/B27.00 – 36.31 (Mid 30.97)
- Dividend discount (DDM)2.63 – 3.53 (Mid 3.01)
- Peers: P/E13.54 – 36.27 (Mid 27.89)6 companies used · median multiple 9.6x · quartiles 4.7x – 12.6xAVAL, BCH, BLX, HDB, KB, NTB
- Peers: P/B42.50 – 78.38 (Mid 56.57)5 companies used · median multiple 1.4x · quartiles 1.1x – 1.9xAVAL, BLX, HDB, KB, NTB
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 23/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 7.7% | 5 (vs peers) | 19% |
| ROA · Quality | 0.7% | 20 (on a fixed band) | 7% |
| Cost-to-income · Quality | 68.3% | 0 (on a fixed band) | 12% |
| Net interest margin · Quality | 3.0% | 62 (on a fixed band) | 7% |
| EPS CAGR 3Y · Growth | -19.3% | 0 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | 5.3% | 53 (on a fixed band) | 7% |
| NPL ratio · Balance sheet | unavailable | unavailable | — |
| Cost of risk · Balance sheet | unavailable | unavailable | — |
| Loan-to-deposit · Balance sheet | 93.6% | 16 (on a fixed band) | 5% |
| P/B · Valuation | 1.2x | 67 (vs peers) | 12% |
| P/E (TTM) · Valuation | 16.4x | 17 (vs peers) | 12% |
| Dividend yield · Returns | 0.4% | 17 (vs peers) | 10% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial16/100 · 1/3 factors with a value
- Growth23/100 · 2/2 factors with a value
- Quality15/100 · 4/4 factors with a value
- Returns17/100 · 1/1 factors with a value
- Valuation42/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
PEAPACK GLADSTONE FINANCIAL CORP (PGC). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: net interest income 200.9 m USD in 2025; YoY growth 24.1%; net margin 16.4%; ROE 7.7%.
The estimated value range is 27.00–36.31 USD per share (median of 5 methods, agreement: low); assumptions are illustrative. Against the central value of 30.97 USD, the price of 47.35 USD leaves a potential of -34.6% (value / price − 1) and a margin of safety of -52.9% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 23/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- ROE: 7.7%
- ROA: 0.7%
- Cost-to-income: 68.3%
- EPS CAGR 3Y: -19.3%
- Loan-to-deposit: 93.6%
- P/E (TTM): 16.4x
- Dividend yield: 0.4%
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.
Versus the vertical median
Commercial Banks, NEC (SIC 6029) · same industry (4-digit SIC) · compared with 20 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BCHBank of Chile | 3,989.2 bn | 3.2 | 25,665.4% | 1,571,522.8% | −10.7% | +5% / +74% |
| HDBHdfc Bank Limited | 186.2 bn | 23.4 | 9.1% | 30.8% | +15.2% | −34% / −19% |
| KBKB Financial Group Inc. | 41.2 bn | 13.4 | 8.3% | 0.0% | +17.8% | +35% / +185% |
| NTBThe Bank of N.T. Butterfield & Son Limited | 2.2 bn | 10.1 | 21.4% | 38.2% | +4.6% | +19% / +100% |
| BLXForeign Trade Bank Of Latin America, Inc. | 1.9 bn | 9.2 | 16.2% | 67.8% | +14.1% | +14% / +110% |
| PGCPeapack Gladstone Financial Corp | 839.4 m | 16.4 | 7.7% | 16.4% | +24.1% | +91% / +85% |
| AVALGrupo Aval Acciones Y Valores S.A. | 30 | 0.1 | — | — | −2.4% | +3% / +93% |
| BAPCredicorp Ltd | — | — | 16.5% | 20.0% | +7.0% | +40% / +186% |
| BMOBank Of Montreal | — | — | 10.1% | 24.0% | +10.6% | +41% / +116% |
| MUFGMitsubishi UFJ Financial Group, Inc. | — | — | 9.1% | 14.6% | +9.5% | +39% / +156% |
| SANBanco Santander, S.A. | — | — | 12.8% | — | +0.0% | +12% / +194% |
| INGIng Groep NV | — | — | 15.6% | 32.4% | +21.8% | +27% / +133% |
| CMCanadian Imperial Bank Of Commerce | — | — | 13.7% | 28.9% | +13.8% | +39% / +190% |
| RYRoyal Bank Of Canada | — | — | 15.3% | 30.6% | +16.1% | +36% / +132% |
| BCSBarclays PLC | — | — | 9.6% | 64.6% | +3.7% | +4% / +228% |
| INTRINTER & Co, INC. | — | — | 11.1% | 14.2% | +34.7% | −56% / −25% |
| VBNKVersaBank | — | — | 6.1% | 22.8% | +11.7% | +90% / +193% |
| TDToronto Dominion Bank | — | — | 16.9% | 30.3% | +18.4% | +53% / +110% |
| LYGLloyds Banking Group plc | — | — | 10.0% | 24.0% | +7.9% | +3% / +141% |
| SUPVGrupo Supervielle S.A. | — | — | 13.6% | 12.2% | −13.9% | −48% / +73% |
| NWGNatWest Group plc | — | — | 14.2% | 19.3% | +3.1% | −1% / +209% |
1- and 3-year price returns: for PGC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 28.58 Total return -40% · Per year -40% | 50.51 Total return 7% · Per year 7% | 76.06 Total return 61% · Per year 61% |
| 3 years | 28.18 Total return -40% · Per year -16% | 55.99 Total return 18% · Per year 6% | 92.51 Total return 95% · Per year 25% |
| 5 years | 27.78 Total return -41% · Per year -10% | 62.06 Total return 31% · Per year 6% | 112.51 Total return 138% · Per year 19% |
- Exit P/E± 14.00
- Net margin± 9.80
- Annual revenue growth± 7.98
- Annual dilution± 0.82
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 07 Aug 2026; since then the company filed 8-K (27 Oct 2026 · results).
In brief
Peapack-Gladstone Financial Corporation is a New Jersey bank holding company whose subsidiary Peapack Private Bank & Trust combines commercial banking with wealth management for clients in the New York metropolitan area. It matters now because revenue and net interest margin rose through 2026 following its expansion in New York, with assets under management above 13 billion dollars 13.
SWOT
Strengths
- The company has a solid base of relationship deposits, with a high share of core deposits and visible growth in noninterest-bearing accounts. This supports funding stability.
- The wealth management division brings relatively stable fee income and diversifies revenue away from interest income.
- The single-point-of-contact private banking model is differentiated from large banks and supports durable client relationships.
Weaknesses
- The company is geographically concentrated in New Jersey and New York, making it more sensitive to a local economic slowdown than more diversified competitors.
- The multifamily loan book in New York is exposed to rent regulation, and operating efficiency remains under pressure from expansion costs.
- Nonperforming assets rose in the second quarter of 2026, partly due to a single multifamily relationship moving to nonaccrual status.
Opportunities
- If newly added New York teams keep bringing clients, deposit and loan growth could accelerate.
- Growing wealth management through acquisitions of complementary firms could add assets under management and fee revenue.
- Continued margin improvement and operating efficiency could allow profits to build faster.
Threats
- An economic decline in New Jersey or New York could reduce loan demand and increase credit losses.
- Competition from large banks, digital banks and fintech firms could pressure margins and deposit costs.
- Changes in New York rent regulation or tax law could affect collateral values and portfolio income.
Risks
- Geographic concentrationhigh
Much of the business depends on clients in New Jersey and the New York metropolitan area. A local economic slowdown could affect deposits, loans and collateral values at the same time.
- Exposure to New York multifamily loanshigh
A significant part of the loan book is tied to rent-regulated properties in New York. Legislative changes could limit rent growth and affect collateral values and income from these properties.
- Credit qualitymedium
Nonperforming assets rose in the second quarter of 2026, driven by individual relationships. If deterioration spread, loss provisions could increase and reduce earnings.
- Expansion and technology costsmedium
The company expects higher operating expenses in 2026 and beyond. If revenue does not grow enough, efficiency could decline.
- Funding and liquidity risklow
The company relies on relationship deposits and secured borrowing facilities. A reduction in lower-cost funding or deposit outflows could affect margins and liquidity.
Investment thesis
What would need to be true (bull case)
- If the New York expansion keeps producing new deposits and loans and the margin trend holds, profitability could rise meaningfully from earlier levels.
- Assets under management in wealth management have grown steadily, and fee income could add stability and diversification to revenue.
- Positive operating leverage, with revenue growing faster than expenses, could continue if the integration of new teams proceeds as planned.
What would break the thesis
- Geographic concentration and exposure to New York multifamily loans could amplify losses in an economic slowdown or after adverse regulatory changes.
- A rise in nonperforming assets, even if it stems from a few relationships, could signal broader problems if the trend spread across the portfolio.
- Competition from larger banks and digital platforms could limit the company's ability to keep high margins on deposits and loans.
What to watch
- Trend in nonperforming assets and provisions for credit lossesQ3 2026
- Pace of relationship deposit growth in the New York areaQ3 2026
- Net interest margin trajectory from the 3.32% level of the second quarter of 2026Q3 2026
- Use of the remaining 20 million dollars of convertible preferred stock and its effect on capital2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 07 Aug 2026; since then the company filed 8-K (27 Oct 2026 · results).
The business
Peapack-Gladstone Financial Corporation is a bank holding company registered under the Bank Holding Company Act, organized under New Jersey law in 1997. Its principal subsidiary, Peapack Private Bank & Trust, was founded in 1921 and renamed effective January 1, 2025 1. The bank offers commercial lending, consumer banking, residential mortgages and a wealth management division for high net-worth individuals, families, foundations and endowments 1.
The business model relies on relationship-based deposits and a private banker providing a single point of contact that combines banking, treasury and wealth management. The company describes this as a boutique alternative to large banks in the Metropolitan New York region 1. At December 31, 2025 it had 682 employees 1.
The recent strategy, called Refining Our Strategy, emphasizes core deposit funding, diversified wealth management revenue and investment in technology, including responsible use of artificial intelligence, to improve efficiency 1.
Segments
Commercial banking and lending
Commercial lending, including C&I and equipment finance, makes up most of the loan book. At June 30, 2026, total C&I loans and leases were 2.9 billion dollars, or 44% of the portfolio 3. Commercial and multifamily mortgages complete the book, though multifamily loans can be exposed to New York rent regulation 1.
Wealth management
The wealth management division offers investment management, fiduciary, tax and financial planning services. At December 31, 2025 it had 13.1 billion dollars in assets under management and administration, and fee income made up 22% of total 2025 revenue 1. At June 30, 2026 assets reached 13.9 billion dollars 3.
Market context
The primary markets are New Jersey and New York, and the company defines its market as the New Jersey, New York and Pennsylvania metropolitan area 1. According to Census Bureau estimates cited by the company, New Jersey had over 9.5 million residents and a median household income of 103,556 dollars, while Somerset County, where the headquarters sits, had 140,374 dollars 1. Competitive intensity is high, and these markets remain central to the growth strategy 1.
The deposit and lending market is dominated by local and regional banks, credit unions, leasing companies and advisory firms. If interest rates and deposit competition stay high, margins could be pressured, and the company says it must stay competitive against large banks and fintech firms 12.
Trends
- Expansion into metropolitan New Yorktailwind
The company added banking teams in Long Island, opened a New York City flagship financial center in April 2025 and brought in about 1.9 billion dollars of new core relationship deposits 1. If these teams keep bringing clients, growth could support revenue.
- Improving net interest margintailwind
The net interest margin rose to 3.32% in the second quarter of 2026, up from 2.77% a year earlier, supported by balance sheet repositioning and disciplined pricing 3. The trend could continue if funding costs remain controlled.
- New York rent regulation pressureheadwind
New York rent laws limit rent increases and make converting regulated apartments to market rate harder. This could impair collateral values for multifamily loans, a significant exposure for the bank 1.
- Higher operating costs and technology spendingmixed
The company expects higher operating expenses in 2026 and beyond tied to expansion, technology, artificial intelligence and cybersecurity 12. In the near term this could weigh on profitability, although the efficiency ratio improved in recent quarters 3.
Competitive position
The company operates in an area with a high concentration of financial institutions and acknowledges that many competitors are much larger, with greater financial and managerial resources 1. Competition comes from local and regional commercial banks, savings institutions, credit unions, leasing companies, mortgage firms and investment advisers 1.
In wealth management, competition comes from registered investment advisory firms and investment management companies. The company argues it differentiates through personalized service and the integration of banking with wealth management 13.
- Regional commercial banks in New Jersey and New York
Compete for deposits and commercial loans in the same metropolitan area, generally with larger scale.
- Credit unions
Compete for deposits and consumer loans in the local market, cited explicitly in the competition discussion.
- Registered investment advisory firms
Compete for wealth management and financial advisory clients.
- Digital banks and fintech companies
Cited as a growing pressure on margins and clients, especially through competitive pricing and digital channels.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
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News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report27 Oct 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report07 Aug 2026
- Current report27 Jul 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report08 May 2026
- Current report30 Apr 2026Shareholder vote · Regulation FD disclosure · Financial statements and exhibits
- Current report (amendment)24 Apr 2026Results of operations · Financial statements and exhibits
- Current report22 Apr 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report26 Mar 2026Material agreement · Item 3.02 · Amendments to articles or bylaws · Regulation FD disclosure · Financial statements and exhibits
- Proxy statement16 Mar 2026
- Annual report11 Mar 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Peapack-Gladstone Financial Corporation · 11 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Peapack-Gladstone Financial Corporation · 07 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Peapack-Gladstone Financial Corporation · 27 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.