{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-046987","form_type":"8-K","ticker":"PGC","cik":"0001050743","company_name":"PEAPACK GLADSTONE FINANCIAL CORP","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.045950+00:00","generated_at":"2026-06-03T11:13:47.293689+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Peapack-Gladstone Q1 net income $8.6M ($0.48 EPS), down 53% YoY; NIM falls to 2.20%","bullets":["Net income $8.6M, diluted EPS $0.48 vs $1.01 a year ago; revenue $53.1M, down 14% YoY.","Net interest margin compressed to 2.20% from 2.88% a year ago; NII fell $9.6M YoY.","Deposits grew $202.6M to $5.48B, loans decreased $73.7M; overnight borrowings cut by $284.3M.","Nonperforming assets rose to $69.8M (1.09% of assets); past-due loans jumped to $73.7M (1.37% of loans).","Wealth management AUM/AUA up to $11.5B; stock repurchased 100k shares for $2.4M; dividend $0.05."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-046987","json":"https://secwatch.observer/filing/0000950170-24-046987.json","markdown":"https://secwatch.observer/filing/0000950170-24-046987.md","text":"https://secwatch.observer/filing/0000950170-24-046987.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050743/000095017024046987/0000950170-24-046987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050743/000095017024046987/pgc-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:13:47.293689+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4946e3f435b98e479c434b2a7b8f80edf79d20fb","claim":"PEAPACK GLADSTONE FINANCIAL CORP reported the quarter ended March 31, 2024 results: revenue $53.1 million, net income $8.6 million, EPS $0.48.","evidence_excerpt":"website at www.pgbank.com and via a current report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov . The Company recorded total revenue of $53.1 million, net income of $8.6 million and diluted earnings per share (“EPS”) of $0.48 for the quarter ended March 31, 2024, compared to revenue of $62.0 million, net income of $18.4","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1050743/000095017024046987/0000950170-24-046987-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$53.1 million"},{"label":"Net income","value":"$8.6 million"},{"label":"EPS","value":"$0.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}