Peapack-Gladstone Financial Corporation

NasdaqGS:PGC Stock Report

Market Cap: US$442.0m

Peapack-Gladstone Financial Management

Management criteria checks 4/4

Peapack-Gladstone Financial's CEO is Doug Kennedy, appointed in Oct 2012, has a tenure of 13.08 years. total yearly compensation is $2.70M, comprised of 31.4% salary and 68.6% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth $1.74M. The average tenure of the management team and the board of directors is 8.1 years and 13.1 years respectively.

Key information

Doug Kennedy

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage31.40%
CEO tenure13.1yrs
CEO ownership0.4%
Management average tenure8.1yrs
Board average tenure13.1yrs

Recent management updates

Recent updates

Peapack-Gladstone Financial (NASDAQ:PGC) Has Affirmed Its Dividend Of $0.05

Oct 28
Peapack-Gladstone Financial (NASDAQ:PGC) Has Affirmed Its Dividend Of $0.05

Peapack-Gladstone Financial's (NASDAQ:PGC) Dividend Will Be $0.05

Jul 25
Peapack-Gladstone Financial's (NASDAQ:PGC) Dividend Will Be $0.05

Peapack-Gladstone: Not A Good Pick For Value Investors

May 15

Peapack-Gladstone Financial (NASDAQ:PGC) Is Due To Pay A Dividend Of $0.05

Apr 27
Peapack-Gladstone Financial (NASDAQ:PGC) Is Due To Pay A Dividend Of $0.05

Increases to CEO Compensation Might Be Put On Hold For Now at Peapack-Gladstone Financial Corporation (NASDAQ:PGC)

Apr 24
Increases to CEO Compensation Might Be Put On Hold For Now at Peapack-Gladstone Financial Corporation (NASDAQ:PGC)

Peapack-Gladstone Financial goes ex dividend tomorrow

Aug 09

Peapack-Gladstone Financial GAAP EPS of $1.08 beats by $0.16, revenue of $61.88M beats by $1.44M

Jul 29

Peapack-Gladstone: Solid WM Offering, But High Cost Funding Source

Jan 19

CEO Compensation Analysis

How has Doug Kennedy's remuneration changed compared to Peapack-Gladstone Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$34m

Jun 30 2025n/an/a

US$32m

Mar 31 2025n/an/a

US$32m

Dec 31 2024US$3mUS$848k

US$33m

Sep 30 2024n/an/a

US$32m

Jun 30 2024n/an/a

US$34m

Mar 31 2024n/an/a

US$39m

Dec 31 2023US$3mUS$823k

US$49m

Sep 30 2023n/an/a

US$61m

Jun 30 2023n/an/a

US$72m

Mar 31 2023n/an/a

US$79m

Dec 31 2022US$3mUS$731k

US$74m

Sep 30 2022n/an/a

US$69m

Jun 30 2022n/an/a

US$63m

Mar 31 2022n/an/a

US$57m

Dec 31 2021US$3mUS$731k

US$57m

Sep 30 2021n/an/a

US$45m

Jun 30 2021n/an/a

US$44m

Mar 31 2021n/an/a

US$38m

Dec 31 2020US$2mUS$695k

US$26m

Sep 30 2020n/an/a

US$35m

Jun 30 2020n/an/a

US$34m

Mar 31 2020n/an/a

US$37m

Dec 31 2019US$2mUS$695k

US$47m

Sep 30 2019n/an/a

US$46m

Jun 30 2019n/an/a

US$44m

Mar 31 2019n/an/a

US$45m

Dec 31 2018US$2mUS$669k

US$44m

Compensation vs Market: Doug's total compensation ($USD2.70M) is about average for companies of similar size in the US market ($USD2.32M).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.


CEO

Doug Kennedy (68 yo)

13.1yrs
Tenure
US$2,699,356
Compensation

Mr. Douglas L. Kennedy, also known as Doug, serves as Chief Executive Officer and Director of Peapack-Gladstone Financial Corporation since October 9, 2012 and serves as its President since April 2013. He...


Leadership Team

NamePositionTenureCompensationOwnership
Douglas Kennedy
President13.1yrsUS$2.70m0.39%
$ 1.7m
Frank Cavallaro
Senior EVP & CFO3yrsUS$918.05k0.049%
$ 216.7k
Robert Plante
Executive VP & COO8.7yrsUS$794.37k0.045%
$ 199.2k
John Babcock
SEVP & President of Wealth Management11.7yrsUS$1.70m0.29%
$ 1.3m
Gregory Smith
Senior EVP & President of Commercial Banking6.6yrsUS$968.80k0.031%
$ 137.7k
Francesco Rossi
Senior VP & Chief Accounting Officer9.2yrsno data0.058%
$ 257.6k
Eric Waser
Executive VP & Head of Investment Banking6.7yrsUS$618.34kno data
Maureen Hemhauser
Executive VP10.8yrsno data0.033%
$ 145.3k
Rosanne Schwab
Assistant VP of Public Relations & Corporate Communications Managerno datano datano data
Karen Rosner
VP of Assistant Brand & Marketing Director3.8yrsno datano data
Brydget Falk-Drigan
Executive VP & Chief Human Resources Officer7.6yrsno datano data
Michael Tormey
Senior MD & Wealth Advisorno datano datano data
8.1yrs
Average Tenure
64yo
Average Age

Experienced Management: PGC's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Douglas Kennedy
President13.1yrsUS$2.70m0.39%
$ 1.7m
Frank Kissel
Chairman Emeritusno datano datano data
Philip Smith
Independent Director30.8yrsUS$83.49k0.43%
$ 1.9m
Anthony Consi
Independent Director25.8yrsUS$130.49k0.64%
$ 2.8m
F. Meyercord
Independent Chairman of the Board34.8yrsUS$316.98k0.81%
$ 3.6m
Susan Cole
Independent Director11.8yrsUS$85.09k0.065%
$ 285.7k
Carmen Bowser
Independent Director8.2yrsUS$98.49k0.021%
$ 91.8k
Edward Gramigna
Independent Director13.1yrsUS$161.10k0.048%
$ 211.4k
Steven Kass
Independent Director7.8yrsUS$198.98k0.041%
$ 180.0k
Anthony Spinelli
Independent Director8.5yrsUS$111.49k0.069%
$ 306.1k
Richard Daingerfield
Independent Director11.3yrsUS$178.00k0.12%
$ 518.2k
Beth Welsh
Independent Director13.1yrsUS$115.49k0.089%
$ 393.2k
13.1yrs
Average Tenure
69.5yo
Average Age

Experienced Board: PGC's board of directors are seasoned and experienced ( 13.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 17:08
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Peapack-Gladstone Financial Corporation is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BishopD.A. Davidson & Co.
Christopher MarinacJanney Montgomery Scott LLC
David KonradKeefe, Bruyette, & Woods