Peapack Gladstone Financial Corp.
Peapack-Gladstone Financial Corporation is a bank holding company headquartered in Bedminster, New Jersey. Through its principal subsidiary, Peapack Private Bank & Trust (formerly Peapack-Gladstone Bank, renamed effective January 1, 2025), the company offers commercial and private banking, private wealth management, retail banking, and residential lending across New Jersey and New York. Founded in 1997 as a holding company (the bank dates to 1921), it serves individuals, businesses, and high-net-worth clients with a focus on client-centric relationship banking. The company employs approximately 500 people.
Investment Strategy
Peapack-Gladstone Financial Corporation, through Peapack Private Bank & Trust, aims to provide comprehensive financial solutions emphasizing private banking, wealth management, commercial lending, and retail banking, guided by a consultative approach. The strategy centers on exceptional client service, personalized advice for individuals and businesses, and a commitment to long-term relationships. Wealth management focuses on customized investment and trust solutions, while commercial and private banking deliver tailored credit and treasury services to closely held businesses and affluent individuals. The company utilizes its branch network and private banking locations alongside digital platforms to reach clients.
Top Holdings
Equity Positions (668)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 4.03% | $284.9M | 1,388,804 | $69.99 | $205.17 | -$36.5M |
M MSFT | MICROSOFT CORP | 3.48% | $245.9M | 494,302 | $137.81 | $497.41 | +$59.1M |
Q QQQ | INVESCO QQQ TR | 2.62% | $185.2M | 335,748 | $238.37 | $551.64 | +$27.2M |
J JPM | JPMORGAN CHASE & CO. | 2.40% | $169.4M | 584,358 | $83.39 | $289.91 | +$21.9M |
G GOOGL | ALPHABET INC | 2.05% | $145.1M | 823,207 | $66.27 | $176.23 | +$17.7M |