PGC

Peapack-Gladstone Financial Corporation operates as a bank holding company headquartered in Bedminster, New Jersey, primarily serving businesses and individuals through its subsidiary, Peapack-Gladstone Bank. The company provides commercial and retail banking services, including commercial real estate and multifamily lending, commercial and industrial loans, and residential mortgages. Beyond traditional banking, PGC distinguishes itself through its wealth management division, which offers investment advisory, trust services, tax planning, and estate administration to high-net-worth clients. The bank operates approximately 25 branch locations across New Jersey and New York, with total assets exceeding $6 billion. PGC's business model emphasizes relationship-based banking and personalized wealth management services, targeting affluent individuals, family offices, and small to mid-sized businesses in its market area. The company has pursued strategic growth through both organic expansion and acquisitions, having integrated several financial institutions over the past decade to strengthen its market presence in the greater New York metropolitan region. The wealth management segment represents a significant differentiator for PGC, contributing meaningfully to fee-based revenue and attracting clients seeking integrated banking and investment solutions. The company employs approximately 500 people and maintains its competitive position through specialized expertise in commercial lending and comprehensive private banking capabilities tailored to its target demographic.