Peapack-Gladstone Financial Management
Management criteria checks 3/4
Peapack-Gladstone Financial's CEO is Doug Kennedy, appointed in Oct 2012, has a tenure of 13.92 years. total yearly compensation is $3.48M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 1.79% of the company’s shares, worth $14.40M. The average tenure of the management team and the board of directors is 8.5 years and 12.1 years respectively.
Key information
Doug Kennedy
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 26.90% |
| CEO tenure | 13.9yrs |
| CEO ownership | 1.8% |
| Management average tenure | 8.5yrs |
| Board average tenure | 12.1yrs |
Recent management updates
Recent updates
PGC: Future Returns Will Reflect Remote Check Services And Higher Earnings Multiple
Analysts have lifted their price target on Peapack-Gladstone Financial from $48.44 to $52.94, citing updated assumptions for revenue growth, profit margin and future P/E that support a higher assessed fair value. What’s in the News for Peapack-Gladstone Financial Peapack Private Bank & Trust expanded its real estate services payment capabilities with Remote Official Check Printing technology.PGC: Future Returns Will Reflect Updated Margins And Share Buyback Completion
Analysts have adjusted their price target on Peapack-Gladstone Financial to $48.44 from $40.50, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E multiples. What’s in the News for Peapack-Gladstone Financial Peapack-Gladstone Financial reported that between January 1, 2026 and March 31, 2026, it repurchased 0 shares for US$0 million under its existing buyback program.Peapack-Gladstone Financial's Strong Q1 Bodes Well For Remainder Of 2026
Summary Peapack-Gladstone Financial delivered Q1 2026 EPS of $0.80, beating estimates and marking an 86% YoY increase, fueling optimism for continued growth. PGC’s operational improvements—rising net interest margin, efficiency ratio declines, and wealth management AUM growth—are driving robust earnings momentum into 2027. Shares trade at tangible book value, offering a compelling valuation even as ROA and ROE remain below typical small-cap bank benchmarks. Asset quality trends, especially in New York rent-regulated multifamily loans, and macroeconomic risks warrant close monitoring, but I believe the stock warrants a buy rating. Read the full article on Seeking AlphaWealth Management And Metro New York Expansion Will Support Stable Future Earnings Profile
Catalysts About Peapack-Gladstone Financial Peapack-Gladstone Financial is a regional bank that focuses on commercial lending, private banking and wealth management across the Metro New York and New Jersey area. What are the underlying business or industry changes driving this perspective?Peapack-Gladstone Financial (NASDAQ:PGC) Has Affirmed Its Dividend Of $0.05
Peapack-Gladstone Financial Corporation's ( NASDAQ:PGC ) investors are due to receive a payment of $0.05 per share on...Peapack-Gladstone Financial's (NASDAQ:PGC) Dividend Will Be $0.05
Peapack-Gladstone Financial Corporation's ( NASDAQ:PGC ) investors are due to receive a payment of $0.05 per share on...Peapack-Gladstone: Not A Good Pick For Value Investors
Summary Peapack-Gladstone Financial Corporation primarily offers private banking and wealth management services in New Jersey. The loan portfolio seems well-diversified but the credit quality creates a risk here. Most importantly, the shares are not trading at an attractive enough level to make this risk worth taking. Read the full article on Seeking AlphaPeapack-Gladstone Financial (NASDAQ:PGC) Is Due To Pay A Dividend Of $0.05
The board of Peapack-Gladstone Financial Corporation ( NASDAQ:PGC ) has announced that it will pay a dividend of $0.05...Increases to CEO Compensation Might Be Put On Hold For Now at Peapack-Gladstone Financial Corporation (NASDAQ:PGC)
Key Insights Peapack-Gladstone Financial will host its Annual General Meeting on 30th of April Total pay for CEO Doug...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$52m |
| Mar 31 2026 | n/a | n/a | US$44m |
| Dec 31 2025 | US$3m | US$936k | US$37m |
| Sep 30 2025 | n/a | n/a | US$34m |
| Jun 30 2025 | n/a | n/a | US$32m |
| Mar 31 2025 | n/a | n/a | US$32m |
| Dec 31 2024 | US$3m | US$848k | US$33m |
| Sep 30 2024 | n/a | n/a | US$32m |
| Jun 30 2024 | n/a | n/a | US$34m |
| Mar 31 2024 | n/a | n/a | US$39m |
| Dec 31 2023 | US$3m | US$823k | US$49m |
| Sep 30 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$72m |
| Mar 31 2023 | n/a | n/a | US$79m |
| Dec 31 2022 | US$3m | US$731k | US$74m |
| Sep 30 2022 | n/a | n/a | US$69m |
| Jun 30 2022 | n/a | n/a | US$63m |
| Mar 31 2022 | n/a | n/a | US$57m |
| Dec 31 2021 | US$3m | US$731k | US$57m |
| Sep 30 2021 | n/a | n/a | US$45m |
| Jun 30 2021 | n/a | n/a | US$44m |
| Mar 31 2021 | n/a | n/a | US$38m |
| Dec 31 2020 | US$2m | US$695k | US$26m |
| Sep 30 2020 | n/a | n/a | US$35m |
| Jun 30 2020 | n/a | n/a | US$34m |
| Mar 31 2020 | n/a | n/a | US$37m |
| Dec 31 2019 | US$2m | US$695k | US$47m |
Compensation vs Market: Doug's total compensation ($USD3.48M) is about average for companies of similar size in the US market ($USD3.52M).
Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.
CEO
Doug Kennedy (69 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.9yrs | US$3.48m | 1.79% $ 14.4m | |
| Senior EVP & CFO | 3.8yrs | US$1.33m | 0.084% $ 674.2k | |
| Executive VP & COO | 9.5yrs | US$954.87k | 0.048% $ 384.0k | |
| Senior EVP & President of Wealth Management | 12.5yrs | US$2.01m | 0.73% $ 5.8m | |
| Senior EVP & President of Commercial Banking | 7.4yrs | US$1.26m | 0.072% $ 578.4k | |
| Senior VP & Chief Accounting Officer | 10yrs | no data | 0.049% $ 389.9k | |
| Executive VP & Head of Investment Banking | 7.5yrs | US$618.34k | no data | |
| Senior VP | no data | no data | no data | |
| Executive VP | 11.6yrs | no data | 0.016% $ 126.2k | |
| Senior VP | less than a year | no data | no data | |
| Assistant VP of Public Relations & Corporate Communications Manager | no data | no data | no data | |
| VP of Assistant Brand & Marketing Director | 4.7yrs | no data | no data |
Experienced Management: PGC's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.9yrs | US$3.48m | 1.79% $ 14.4m | |
| Chairman Emeritus | no data | no data | no data | |
| Independent Director | 7.6yrs | US$100.50k | 0.069% $ 553.1k | |
| Independent Director | 26.7yrs | US$147.50k | 0.64% $ 5.2m | |
| Independent Chairman of the Board | 35.7yrs | US$363.48k | 0.84% $ 6.7m | |
| Independent Director | 12.6yrs | US$104.50k | 0.074% $ 592.7k | |
| Independent Director | 9yrs | US$115.50k | 0.021% $ 165.8k | |
| Independent Director | 3.3yrs | US$121.50k | 0.018% $ 142.3k | |
| Independent Director | 13.9yrs | US$184.48k | 0.048% $ 382.6k | |
| Independent Director | 8.7yrs | US$218.00k | 0.040% $ 325.1k | |
| Independent Director | 9.3yrs | US$128.50k | 0.067% $ 538.0k | |
| Independent Director | 12.1yrs | US$196.98k | 0.12% $ 935.9k |
Experienced Board: PGC's board of directors are seasoned and experienced ( 12.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/15 21:52 |
| End of Day Share Price | 2026/09/15 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Marinac | Brean Capital Historical (Janney Montgomery) |
| David Bishop | D.A. Davidson & Co. |
| David Konrad | Keefe, Bruyette, & Woods |