secwatch.observer — SEC 8-K summary
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Issuer:     PEAPACK GLADSTONE FINANCIAL CORP (PGC)
CIK:        0001050743
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0000950170-25-097295
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peapack-Gladstone Q2 EPS $0.45; NII up 38% YoY; AUM/AUA record $12.3B
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- Q2 2025 diluted EPS $0.45; net interest income $48M (+38% YoY); net interest margin 2.77% (+52 bps YoY).
- Wealth management fee income $16M (+3.3% linked-quarter); record AUM/AUA $12.3B; new inflows $193M in Q2.
- Noninterest-bearing deposits grew $53M (4%) in Q2; total deposits $6.4B (+12% LTM); 700+ new expansion relationships.
- Loans grew $68M (5% annualized) in Q2; incremental spread >4.50% on new business YTD; $464M expansion loan outstandings.
- NY rent regulated multifamily: $56M NPAs (3% of portfolio), 5 sponsors in foreclosure; enhanced monitoring ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050743/000095017025097295/0000950170-25-097295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050743/000095017025097295/pgc-20250721.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-097295

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