Peapack-Gladstone Financial declares $0.05 quarterly cash dividend
Peapack-Gladstone Financial Corporation declared a $0.05 per share quarterly cash dividend, payable on August 27, 2026. The New Jersey bank holding company, which holds $8.0 billion in total assets, continues to support its shareholder base through consistent capital returns.

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Peapack-Gladstone Financial Corporation (NASDAQ: PGC) declared a regular quarterly cash dividend of $0.05 per share on its common stock, providing shareholders with a direct return on equity. The Board of Directors approved the payout on July 30, 2026, maintaining the bank holding company’s commitment to capital distribution amid its continued asset growth. The dividend will be paid on August 27, 2026, to shareholders of record as of August 13, 2026.
The declaration reflects the financial stability of the New Jersey-based institution, which reported total assets of $8.0 billion as of June 30, 2026. Additionally, the company manages $13.9 billion in assets under management and/or administration, underscoring its significant footprint in wealth management and private banking services.
Dividend Details
Shareholders should note the specific dates associated with this quarterly distribution:
| Event | Date |
|---|---|
| Declaration Date | July 30, 2026 |
| Record Date | August 13, 2026 |
| Payment Date | August 27, 2026 |
| Dividend Per Share | $0.05 |
Business Overview
Founded in 1921, Peapack-Gladstone Financial Corporation operates through its subsidiary, Peapack Private Bank & Trust. The boutique private bank serves successful individuals, families, business owners, family offices, and their trusted advisors. The firm distinguishes itself through a relationship-first approach, where every client is supported by a dedicated relationship manager providing personalized guidance and access to the Bank’s full breadth of expertise.
The Bank’s Wealth Management division offers sophisticated investment management, fiduciary, tax, estate, and financial planning strategies. These services are designed to help clients preserve, grow, and transfer wealth across generations, emphasizing discretion, exceptional service, and enduring relationships.
How might the current interest rate environment impact Peapack-Gladstone's net interest margin and its ability to sustain this dividend level in future quarters?
Given the $13.9 billion in assets under management, what strategies is the firm employing to retain high-net-worth clients amid increasing competition from larger regional banks?
Will the company consider special dividends or share buybacks as alternative capital return mechanisms if asset growth continues to outpace organic lending opportunities?



























