secwatch.observer — SEC 8-K summary
======================================

Issuer:     PEAPACK GLADSTONE FINANCIAL CORP (PGC)
CIK:        0001050743
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001193125-26-170627
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peapack-Gladstone Q1 EPS $0.80 (+86% YoY); NIM expands to 3.26%
---------------------------------------------------------------

- EPS of $0.80, up 86% YoY and 16% QoQ; core earnings up 81% YoY.
- Net interest margin 3.26%, up 18 bps QoQ and 58 bps YoY; sixth consecutive quarter of NII growth.
- Nonperforming assets declined to 0.77% of total assets, down $9M QoQ.
- Loans grew $184M to $6.4B (12% annualized YoY); deposits grew $238M with 49% from NIB DDA.
- Issued $30M convertible preferred equity; TBVPS up 14% YoY; CET1 improved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050743/000119312526170627/0001193125-26-170627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050743/000119312526170627/pgc-20260422.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-170627

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer