GlobeNewsWire · 5 Oct 2026positive
Peapack Private announced the appointment of Ana Parra as Senior Managing Director, Group Director, based at the Bank's Park Avenue office in Manhattan. She will lead a team serving high-net-worth individuals, families, family offices, and privately held businesses with customized private banking solutions.
Why it matters — This senior hire signals Peapack Private's investment in expanding its private banking and high-net-worth client capabilities, a key growth area for PGC.
GlobeNewsWire · 22 Sept 2026positive
Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust announced the appointment of Kevin Bertscha, CPA, as Senior Vice President and Chief Audit Executive. In this role, Bertscha will lead the Bank's internal audit function, overseeing audit strategy, risk assessment, regulatory compliance, internal controls, and governance processes.
Why it matters — The appointment of a new Chief Audit Executive signals continued emphasis on internal controls, risk management, and regulatory compliance across Peapack's operations.
GlobeNewsWire · 9 Sept 2026positive
Peapack Private, a division of Peapack-Gladstone Financial Corporation, announced its entry into the yacht financing business to expand its customized lending solutions for high-net-worth clients. The company hired industry veterans Jim Velez and Derick Buffum to lead the new Yacht Financing team.
Why it matters — This expansion into yacht financing broadens PGC's specialty lending offerings for high-net-worth clients and brings in experienced leadership, potentially growing its niche lending revenue base.
GlobeNewsWire · 1 Sept 2026positive
Peapack Private Bank & Trust announced the opening of its newly completed Garden City office on Long Island, marking another milestone in the bank's strategic expansion throughout the New York metropolitan market. The new office will serve successful individuals, families, business owners, professionals, and institutions with a personalized approach to private banking, lending, and wealth management.
Why it matters — The opening signals PGC's continued strategic expansion into the New York metropolitan market, potentially broadening its private banking and wealth management presence on Long Island.
GlobeNewsWire · 30 July 2026positive
Peapack-Gladstone Financial Corporation announced on July 30, 2026 that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share on its common stock, payable on August 27, 2026 to shareholders of record as of August 13, 2026.
Why it matters — Dividend announcements signal the company's ongoing commitment to returning capital to shareholders and maintaining its payout policy.
