Peapack Gladstone Financial Corp. PGC

What this company does

It offers most forms of commercial lending, including working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multifamily mortgages and other forms of asset-based financing, along with a range of consumer banking services such as checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts, as well as residential mortgages, home equity lines of credit and other second mortgage loans. Its current market is defined as the New Jersey, New York, and Pennsylvania metropolitan statistical area, with its primary market areas in New Jersey and New York. Peapack Private operates through a branch network in Somerset, Morris, Hunterdon and Union counties and private banking locations in Bedminster, Morristown, Princeton and Teaneck, New Jersey and in New York City and Long Island, together with private wealth management, commercial private banking, retail private banking and residential lending divisions and online platforms. As of December 31, 2025, it had 682 full-time and part-time employees, with 278 at its corporate headquarters, 152 in its New York offices, 85 in its branch offices and 167 in other locations. Peapack-Gladstone Financial Corporation was organized under New Jersey law in 1997, and its principal subsidiary, Peapack-Gladstone Bank, which changed its name to Peapack Private Bank & Trust effective January 1, 2025, is a state-chartered commercial bank founded in 1921 under New Jersey laws.

Written from the business description in PEAPACK-GLADSTONE FINANCIAL CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 11 March 2026. Every sentence was checked against that document before publication.