Peapack-Gladstone Financial upgraded by Piper Sandler with a new price target
$PGC
Commercial Banks
Finance
Piper Sandler upgraded Peapack-Gladstone Financial from Neutral to Overweight and set a new price target of $35.00 from $30.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $30.00 → $35.00 | Neutral → Overweight | Piper Sandler |
| 4/24/2024 | Overweight → Neutral | Piper Sandler |
BEDMINSTER, NJ, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - 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 Pr
BEDMINSTER, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – 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. Mr. Johnston has over 30 years of leasing and
BEDMINSTER, NJ, Jan. 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – 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 Proc
BEDMINSTER, N.J., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), the holding company for Peapack-Gladstone Bank, a $6.8 billion commercial bank headquartered in Bedminster, NJ, announces an expected rebrand on or about January 1, 2025. The Bank and its wealth management division, having previously operated as separate brands, will unite under one name and one brand - Peapack Private Bank & Trust - or Peapack Private, in shortform. "There is established brand equity and a uniqueness in the name Peapack-Gladstone Bank; however, we see an opportunity to build on that equity and establish ourselves more broadly in the New York
BEDMINSTER, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its third quarter 2024 financial results. This earnings release should be read in conjunction with the Company's Q3 2024 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. During the third quarter of 2024, deposits grew $279 million, to $5.9 billion, which represents an annualized growth rate of 20%. Nearly half of the deposit growth during the quarter was attributed to an increase in noninterest-
BEDMINSTER, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce that Michael Anthony Guarino, Esq. has joined the Bank as a Senior Vice President, Attorney. Working out of the Bank's Headquarters in Bedminster, New Jersey and its new location at 300 Park Avenue, New York City, Mr. Guarino is primarily responsible for responding to all legal issues arising out of the Company's New York office, in addition to working with the Bank's General Counsel in providing support and advice to the Bank's executive and leadership teams on all matters of law and policy. An accomplished
BEDMINSTER, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its third quarter 2024 financial results. This earnings release should be read in conjunction with the Company's Q3 2024 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. During the third quarter of 2024, deposits grew $279 million, to $5.9 billion, which represents an annualized growth rate of 20%. Nearly half of the deposit growth during the quarter was attributed to an increase in noninterest-
BEDMINSTER, NJ, July 23, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its second quarter 2024 financial results. This earnings release should be read in conjunction with the Company's Q2 2024 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. During the second quarter of 2024, core relationship deposits grew $354 million to $4.6 billion which represents an annualized rate of 33%. During the first six months of the year core relationship deposi
BEDMINSTER, NJ, April 23, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the "Company") announces its first quarter 2024 financial results. This earnings release should be read in conjunction with the Company's Q1 2024 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 $53.1 million, net income of $8.6 million and diluted earnings per share ("EPS") of $0.48 for the quarter ended March 31, 2024, compared to revenue of $62.0 million, net i
Piper Sandler upgraded Peapack-Gladstone Financial from Neutral to Overweight and set a new price target of $35.00 from $30.00 previously
Piper Sandler downgraded Peapack-Gladstone Financial from Overweight to Neutral
Hovde Group downgraded Peapack-Gladstone Financial from Outperform to Market Perform
4 - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Issuer)
4 - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Issuer)
4 - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Issuer)
Peapack Gladstone Finl (NASDAQ:PGC) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.35 by 20 percent. This is a 42.47 percent decrease over earnings of $0.73 per share from the same period last year. The company reported quarterly sales of $56.60 million which beat the analyst consensus estimate of $54.36 million by 4.12 percent. This is a 1.56 percent decrease over sales of $57.50 million the same period last year.
U.S. regional banks are experiencing sessions of significant gains, as growing expectations for interest rate cuts fueled an investor rotation from large-cap to small-cap stocks. The SPDR S&P Regional Banking ETF (NYSE:KRE) — a widely followed gauge for the industry — rallied as much as 4.5% on Tuesday, marking the strongest session since December 2023. Notably, the recent five-day rally of nearly 15% was the strongest for regional banks since November 2020. With Tuesday’s move, regional banks have effectively recouped all losses suffered after March 9, 2023, characterized by the failure of Silicon Valley Bank and Signature Bank. “Lending conditions for commercial and industrial
- SEC Filing
SC 13G/A - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Subject)
SC 13G - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Subject)
SC 13G/A - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Subject)
10-Q - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Filer)
8-K - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Filer)
8-K - PEAPACK GLADSTONE FINANCIAL CORP (0001050743) (Filer)