SOURCE: Peapack-Gladstone Financial Corporation

Peapack-Gladstone Financial Corporation

December 20, 2016 09:20 ET

Peapack-Gladstone Financial Corporation Filed a Form S-3 Registration Statement

BEDMINSTER, NJ--(Marketwired - Dec 20, 2016) - Peapack-Gladstone Financial Corporation (NASDAQ: PGC) announced that the Company filed a Form S-3 Registration Statement registering an indeterminate amount of shares/securities not to exceed $100 million, to be issued in the future from time to time at indeterminate prices ("Shelf Registration.") Doug Kennedy, President and CEO, noted, "This Shelf Registration will enable us to efficiently take advantage of the capital markets from time to time in the future, if and as needed to support growth associated with our plans. We will be very careful in any decision to issue capital, making our decision only after appropriate and comprehensive analysis and vetting."

ABOUT THE COMPANY

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $3.77 billion as of September 30, 2016. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative private banking services to businesses, real estate professionals, non-profits and consumers, which help them to establish, maintain and expand their legacy. Through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, its private wealth management, commercial private banking, retail private banking and residential lending divisions, along with its online platforms, Peapack-Gladstone Bank offers an unparalleled commitment to client service.

Contact Information

  • Jeffrey J. Carfora
    Chief Financial Officer
    Peapack-Gladstone Financial Corporation
    908-719-4308