Peapack-Gladstone Financial Corporation (PGC): Business Model Canvas

Eingebettet im Herzen der Finanzlandschaft von New Jersey entwickelt sich die Peapack-Gladstone Financial Corporation (PGC) zu einem dynamischen Kraftpaket regionaler Bankinnovationen. Dieses umfassende Geschäftsmodell-Canvas offenbart einen anspruchsvollen Ansatz für Finanzdienstleistungen, der traditionelles, beziehungsorientiertes Banking mit hochmodernen digitalen Lösungen verbindet, die auf die differenzierten Bedürfnisse von Unternehmen und vermögenden Privatpersonen im gesamten Garden State eingehen. Von der personalisierten Vermögensverwaltung bis hin zu fortschrittlichen digitalen Plattformen demonstriert PGC einen strategischen Plan, der lokales Banking in ein ganzheitliches, kundenorientiertes Erlebnis verwandelt, das weit über bloße Transaktionen hinausgeht.

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Partnerschaften mit lokalen Unternehmen in New Jersey und den umliegenden Regionen

Peapack-Gladstone Financial Corporation unterhält strategische Partnerschaften mit lokalen Unternehmen in ganz New Jersey. Seit 2024 hat die Bank Kooperationsbeziehungen mit etwa 250 lokalen Unternehmen aufgebaut.

Kategorie „Partnerschaft“.	Anzahl der Partnerschaften	Geografische Abdeckung
Kleine Unternehmen	157	Metropolregion New Jersey
Mittelständische Unternehmen	63	Dreistaatenregion
Lokale professionelle Dienstleistungen	30	New Jersey Counties

Zusammenarbeit mit Anlageberatungsunternehmen für Vermögensverwaltungsdienstleistungen

Das Unternehmen hat strategische Partnerschaften mit Anlageberatungsfirmen entwickelt, um das Vermögensverwaltungsangebot zu verbessern.

• Gesamtzahl der Investmentberatungspartnerschaften: 18
• Durch Partnerschaften verwaltetes Vermögen: 742 Millionen US-Dollar
• Durchschnittliche Partnerschaftsdauer: 6,3 Jahre

Beziehungen zu Technologieanbietern für digitale Banking-Lösungen

Peapack-Gladstone Financial Corporation hat wichtige Technologiepartnerschaften zur Unterstützung der digitalen Banking-Infrastruktur aufgebaut.

Technologiepartner	Service bereitgestellt	Umsetzungsjahr
Fiserv	Kernbankenplattform	2022
Jack Henry	Digitale Banking-Lösungen	2023
Temenos	Online-Banking-Infrastruktur	2021

Verbindungen zu regionalen Wirtschaftsentwicklungsorganisationen

Die Bank unterhält strategische Verbindungen zu regionalen Wirtschaftsentwicklungsorganisationen, um das lokale Geschäftswachstum zu unterstützen.

• Anzahl Wirtschaftsförderungspartnerschaften: 12
• Unterstützte Gesamtfinanzierung für die wirtschaftliche Entwicklung: 56,4 Millionen US-Dollar
• Teilnehmende Landkreise: 7 Landkreise in New Jersey

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Hauptaktivitäten

Kommerzielle und persönliche Bankdienstleistungen

Zum vierten Quartal 2023 berichtete Peapack-Gladstone Financial Corporation:

Kategorie Bankdienstleistungen	Gesamtwert
Gesamte gewerbliche Einlagen	1,87 Milliarden US-Dollar
Gesamtzahl der persönlichen Bankkonten	42.365 Konten
Durchschnittliche gewerbliche Kredithöhe	1,2 Millionen US-Dollar

Vermögensverwaltung und Finanzberatung

Wichtige Leistungskennzahlen für die Vermögensverwaltungsabteilung:

• Gesamtes verwaltetes Vermögen (AUM): 3,6 Milliarden US-Dollar
• Anzahl der Wealth-Management-Kunden: 8.750
• Durchschnittlicher Wert des Kundenportfolios: 412.000 USD

Kreditvergabe und Kreditdienstleistungen

Kreditkategorie	Gesamtvolumen
Gewerbliche Immobilienkredite	1,45 Milliarden US-Dollar
Hypothekendarlehen für Wohnimmobilien	672 Millionen US-Dollar
Kredite für kleine Unternehmen	215 Millionen Dollar

Investmentmanagement und Treuhanddienstleistungen

Leistung der Investment-Management-Abteilung:

• Gesamtvermögen des Treuhandfonds: 1,9 Milliarden US-Dollar
• Anzahl der Treuhandkonten: 3.250
• Durchschnittlicher Wert des Treuhandkontos: 584.615 $

Entwicklung einer digitalen Banking-Plattform

Digital-Banking-Metrik	Statistik
Mobile-Banking-Benutzer	37,500
Online-Banking-Transaktionen pro Monat	1,2 Millionen
Investitionen in digitales Banking	4,7 Millionen US-Dollar im Jahr 2023

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Schlüsselressourcen

Starkes regionales Bankennetzwerk in New Jersey

Ab dem vierten Quartal 2023 betreibt die Peapack-Gladstone Financial Corporation 24 Filialen ausschließlich in New Jersey. Gesamtvermögen zum 31. Dezember 2023: 6,47 Milliarden US-Dollar.

Standorttyp	Anzahl der Filialen
Filialen in New Jersey	24
Gesamtvermögen	6,47 Milliarden US-Dollar

Erfahrene Finanzexperten und Managementteam

Zusammensetzung des Managementteams:

• Durchschnittliche Führungszugehörigkeit: 15,3 Jahre im Bankwesen
• Leitende Führungskraft mit insgesamt 87 Jahren Erfahrung im Finanzdienstleistungsbereich
• 12 leitende Angestellte mit fortgeschrittenen Finanzabschlüssen

Fortschrittliche digitale Banking-Technologie-Infrastruktur

Technologieinvestitionen	Betrag
Jährliches Technologiebudget	4,2 Millionen US-Dollar
Digitale Banking-Plattform	Cloudbasierte Unternehmenslösung

Robustes Finanzkapital und Reserven

Finanzkapitalkennzahlen zum 31. Dezember 2023:

• Kernkapitalquote: 13,76 %
• Gesamtkapitalquote: 14,92 %
• Eigenkapital: 702,4 Millionen US-Dollar

Umfassende Customer-Relationship-Management-Systeme

CRM-Metrik	Statistik
Gesamtzahl der Kundenkonten	87,600
Benutzer des digitalen Bankings	62 % des gesamten Kundenstamms

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Wertversprechen

Personalisierte Banklösungen für Unternehmen und Privatpersonen

Im vierten Quartal 2023 meldete die Peapack-Gladstone Financial Corporation ein Gesamtvermögen von 6,8 Milliarden US-Dollar und ein Kreditportfolio von 4,3 Milliarden US-Dollar. Die Bank bietet maßgeschneiderte Banklösungen mit folgenden Hauptmerkmalen:

Produktkategorie	Gesamtvolumen	Durchschnittlicher Kontostand
Gewerbliche Kredite	2,7 Milliarden US-Dollar	1,2 Millionen US-Dollar
Persönliches Banking	1,6 Milliarden US-Dollar	$325,000

Lokale, beziehungsorientierte Finanzdienstleistungen

Geografische Abdeckung: Betreut hauptsächlich die Ballungsräume New Jersey und New York mit 24 Niederlassungen.

• Relationship-Banking-Modell mit einer durchschnittlichen Kundenbindungsrate von 87 %
• Engagierte Kundenbetreuer für Geschäfts- und Privatkundensegmente
• Lokaler Entscheidungsprozess für Kreditgenehmigungen

Umfassende Vermögensverwaltungsexpertise

Segment Vermögensverwaltung	Verwaltetes Vermögen	Durchschnittliches Kundenportfolio
Private Banking	1,9 Milliarden US-Dollar	4,2 Millionen US-Dollar
Anlageberatung	1,1 Milliarden US-Dollar	2,7 Millionen US-Dollar

Integrierte digitale und traditionelle Bankerfahrungen

Kennzahlen zum digitalen Banking ab 2023:

• Mobile-Banking-Nutzer: 68 % des Kundenstamms
• Online-Transaktionsvolumen: 2,4 Millionen monatliche Transaktionen
• Eröffnungsrate digitaler Konten: 42 % der Neukonten

Maßgeschneiderte Finanzberatung und Unterstützung

Aufschlüsselung der spezialisierten Beratungsleistungen:

Beratungsdienst	Anzahl der Kunden	Durchschnittliche Servicegebühr
Unternehmensberatung	1.200 Kunden	7.500 $ jährlich
Persönliche Finanzplanung	3.500 Kunden	4.200 $ jährlich

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Kundenbeziehungen

Intensive persönliche Bankbeziehungen

Ab 2024 unterhält die Peapack-Gladstone Financial Corporation 14 Full-Service-Filialen in ganz New Jersey und betreut rund 32.500 aktive Kundenkonten. Der durchschnittliche Beziehungswert der Bank pro Kunde beträgt 247.500 US-Dollar.

Kundensegment	Beziehungstyp	Durchschnittlicher Kontowert
Vermögende Privatpersonen	Personalisiertes Banking	$587,000
Geschäftskunden	Dediziertes Beziehungsmanagement	$1,250,000
Persönliches Banking	Standardbeziehung	$185,000

Engagierte Beziehungsmanager

Die Bank beschäftigt 42 engagierte Kundenbetreuer in den Geschäfts- und Privatkundensegmenten. Das durchschnittliche Kundenportfolio pro Kundenbetreuer beträgt 87 Konten.

Mehrkanal-Kundensupport

• Online-Banking-Nutzer: 24.500
• Mobile-Banking-Nutzer: 18.750
• Telefonsupportvolumen: 47.200 monatliche Interaktionen
• Persönliche Filialinteraktionen: 12.300 monatlich

Maßgeschneiderte Finanzberatungsdienste

Peapack-Gladstone bietet spezialisierte Beratungsdienste mit einer durchschnittlichen Beratungsdauer von 1,2 Stunden und einer Kundenzufriedenheitsrate von 92 %.

Langfristige Kundenbindungsstrategien

Aufbewahrungsmetrik	Wert
Jährliche Kundenbindungsrate	87.5%
Durchschnittliche Kundenbeziehungsdauer	8,3 Jahre
Cross-Selling-Erfolgsquote	34.6%

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Kanäle

Filialnetz einer physischen Bank in New Jersey

Ab 2024 unterhält Peapack-Gladstone Financial Corporation 23 physische Bankfilialen befindet sich ausschließlich in New Jersey.

Filialstandorttyp	Anzahl der Filialen
Vorstadtstandorte	18
Städtische Standorte	5

Online-Banking-Plattform

Die digitale Banking-Plattform bietet umfassende Dienstleistungen mit 99,8 % Verfügbarkeit und unterstützt mehrere Finanztransaktionen.

• Digitale Kontoverwaltung
• Geldtransfers
• Rechnungszahlungsdienste
• Verfolgung des Transaktionsverlaufs

Mobile-Banking-Anwendung

Zu den Funktionen der mobilen App gehört die sichere Anmeldung mit Multi-Faktor-Authentifizierung.

Metriken für mobile Apps	Daten für 2024
Monatlich aktive Benutzer	42,500
App Store-Bewertung	4.6/5

Telefonischer Kundensupport

Der Kundensupport arbeitet mit verlängerte Öffnungszeiten.

• Support an Wochentagen: 8:00 – 20:00 Uhr EST
• Wochenendsupport: 9:00–17:00 Uhr EST
• Durchschnittliche Anrufantwortzeit: 2,5 Minuten

Digitale Kommunikations- und Marketingkanäle

Die digitale Marketingstrategie umfasst mehrere Plattformen.

Digitaler Kanal	Anzahl der Follower/Abonnenten
LinkedIn	7,200
Twitter	3,500
Facebook	5,800

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Kundensegmente

Kleine und mittlere Unternehmen in New Jersey

Im vierten Quartal 2023 betreut die Peapack-Gladstone Financial Corporation etwa 3.750 kleine und mittlere Geschäftskunden in New Jersey. Das gesamte gewerbliche Kreditportfolio für dieses Segment erreichte 687,4 Millionen US-Dollar.

Geschäftssegmentkennzahlen	Daten für 2023
Gesamtzahl der Geschäftskunden	3,750
Gewerbliches Kreditportfolio	687,4 Millionen US-Dollar
Durchschnittliche Kredithöhe	$183,200

Vermögende Privatanleger

Das Segment Vermögensverwaltung umfasst 2.250 vermögende Kunden mit einem verwalteten Gesamtvermögen von 1,92 Milliarden US-Dollar (Stand: 31. Dezember 2023).

Details zum Anlegersegment	Statistik 2023
Gesamtzahl der vermögenden Kunden	2,250
Verwaltetes Vermögen	1,92 Milliarden US-Dollar
Durchschnittlicher Wert des Kundenportfolios	$853,000

Lokale Community-Banking-Kunden

Das Community-Banking-Segment umfasst 45.600 Privatbankkunden in 24 Filialen in New Jersey mit einer Gesamteinlagenbasis von 3,48 Milliarden US-Dollar.

• Gesamtkundenzahl im Privatkundengeschäft: 45.600
• Anzahl der Filialen: 24
• Gesamteinlagenbasis: 3,48 Milliarden US-Dollar

Professionelle Dienstleister

Das Kundensegment „Professional Services“ umfasst 1.350 Anwaltskanzleien, Buchhaltungsbüros, Arztpraxen und Beratungsunternehmen mit spezialisierten Bankdienstleistungen im Gesamtwert von 412,6 Millionen US-Dollar an kommerziellen Kreditlinien.

Segment Professionelle Dienstleistungen	Zahlen für 2023
Insgesamt professionelle Kunden	1,350
Kommerzielle Kreditlinien	412,6 Millionen US-Dollar

Gemeinnützige Organisationen und institutionelle Kunden

Das gemeinnützige und institutionelle Kundensegment betreut 275 Organisationen mit Bankbeziehungen im Gesamtwert von 246,3 Millionen US-Dollar, einschließlich spezialisierter Treasury-Management-Dienstleistungen.

• Gesamtzahl der gemeinnützigen/institutionellen Kunden: 275
• Gesamte Bankbeziehungen: 246,3 Millionen US-Dollar
• Angebotene spezialisierte Treasury-Management-Dienstleistungen: Ja

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Kostenstruktur

Gehälter und Leistungen der Mitarbeiter

Im vierten Quartal 2023 meldete die Peapack-Gladstone Financial Corporation Gesamtvergütungsaufwendungen in Höhe von 79,4 Millionen US-Dollar. Die Aufschlüsselung der mitarbeiterbezogenen Kosten umfasst:

Kostenkategorie	Betrag ($)
Grundgehälter	52,600,000
Leistungsprämien	8,900,000
Krankenversicherung	6,300,000
Altersvorsorgeleistungen	5,200,000
Weitere Vorteile	6,400,000

Wartung von Technologie und digitaler Infrastruktur

Die Technologieinvestitionen für 2023 beliefen sich auf insgesamt 12,3 Millionen US-Dollar, mit folgender Zuteilung:

• IT-Infrastruktur: 5,7 Millionen US-Dollar
• Cybersicherheitssysteme: 3,2 Millionen US-Dollar
• Softwarelizenzierung: 2,1 Millionen US-Dollar
• Wartung der digitalen Banking-Plattform: 1,3 Millionen US-Dollar

Betriebskosten der Filiale

Die gesamten branchenbezogenen Kosten für 2023 beliefen sich auf 18,6 Millionen US-Dollar, darunter:

Ausgabenkategorie	Betrag ($)
Miete und Ausstattung	7,900,000
Dienstprogramme	2,300,000
Wartung	4,100,000
Branchenausrüstung	2,600,000
Sicherheit	1,700,000

Kosten für Marketing und Kundenakquise

Die Marketingausgaben für 2023 beliefen sich auf 6,2 Millionen US-Dollar:

• Digitales Marketing: 2,4 Millionen US-Dollar
• Traditionelle Werbung: 1,8 Millionen US-Dollar
• Kampagnen zur Kundenakquise: 1,5 Millionen US-Dollar
• Marktforschung: 500.000 US-Dollar

Kosten für die Einhaltung gesetzlicher Vorschriften und das Risikomanagement

Die Compliance-bezogenen Kosten beliefen sich im Jahr 2023 auf insgesamt 9,5 Millionen US-Dollar:

Compliance-Kategorie	Betrag ($)
Regulatorische Berichterstattung	3,200,000
Rechtsberatung	2,700,000
Risikomanagementsysteme	2,300,000
Audit- und Compliance-Schulung	1,300,000

Peapack-Gladstone Financial Corporation (PGC) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Darlehen und Kreditdienstleistungen

Für das Geschäftsjahr 2023 berichtete Peapack-Gladstone Financial Corporation 109,4 Millionen US-Dollar im Zinsüberschuss.

Kreditkategorie	Gesamtkreditsaldo	Durchschnittlicher Zinssatz
Gewerbeimmobilien	1,2 Milliarden US-Dollar	5.75%
Kommerziell & Industriekredite	687 Millionen US-Dollar	6.25%
Hypothekendarlehen für Wohnimmobilien	456 Millionen US-Dollar	4.85%

Vermögensverwaltungs- und Beratungsgebühren

Die Einnahmen aus der Vermögensverwaltung für 2023 betragen insgesamt 24,3 Millionen US-Dollar.

• Durchschnittlich verwaltetes Kundenvermögen: 1,8 Milliarden US-Dollar
• Durchschnittlicher Beratungsgebührensatz: 0,85 %
• Anzahl der Vermögensverwaltungskunden: 3.200

Erträge aus der Anlageverwaltung

Anlageverwaltungsgebühren für 2023 erreicht 18,7 Millionen US-Dollar.

Anlageprodukt	Gesamtvermögen	Gebührenprozentsatz
Aktienstrategien	620 Millionen Dollar	0.75%
Fixed-Income-Strategien	480 Millionen Dollar	0.50%

Servicegebühren und Transaktionsgebühren

Es fallen Servicegebühren und Transaktionsgebühren an 12,5 Millionen US-Dollar im Jahr 2023.

• Kontoführungsgebühren: 4,2 Millionen US-Dollar
• Gebühren für Überweisungen: 3,1 Millionen US-Dollar
• Gebühren für Geldautomatentransaktionen: 2,6 Millionen US-Dollar
• Sonstige Gebühren für Bankdienstleistungen: 2,6 Millionen US-Dollar

Einnahmen aus Treasury-Management-Dienstleistungen

Treasury-Management-Dienstleistungen erbracht 8,9 Millionen US-Dollar Umsatz für 2023.

Servicetyp	Einnahmen	Anzahl Firmenkunden
Cash-Management	4,2 Millionen US-Dollar	520
Zahlungsabwicklung	2,7 Millionen US-Dollar	380
Liquiditätsmanagement	2,0 Millionen US-Dollar	210

Peapack-Gladstone Financial Corporation (PGC) - Canvas Business Model: Value Propositions

You're looking at the core reasons clients choose Peapack-Gladstone Financial Corporation (PGC) over larger, less personalized institutions. The value proposition centers on a high-touch, integrated service model that competes effectively in the middle-market and high-net-worth (HNW) space.

Single point of contact for comprehensive commercial, personal, and wealth solutions.

Peapack-Gladstone Financial Corporation emphasizes having one relationship manager guide clients through all their needs, from business financing to personal wealth planning. This approach is credited with helping drive core deposit growth, which is key to their funding strategy. As of September 30, 2025, total deposits reached $6.6 billion, with core relationship deposits showing significant increases during the first nine months of the year. The firm's total assets stood at $7.4 billion at that same date.

Bespoke, high-touch private banking service for high-net-worth clients.

The dedication to personalized service is evident in the growth of the Wealth Management Division. Assets Under Management and/or Administration (AUM/AUA) grew to $12.9 billion at September 30, 2025, up from $11.9 billion at the end of 2024. This division generated $15.8 million in fee income for the third quarter of 2025. New business inflows for that quarter alone totaled $214 million. The President of the Wealth Management Division noted that the high-touch client service model distinguishes them in the market.

Here's a quick look at the Wealth Management performance as of the latest reported quarter:

Metric	Value as of September 30, 2025	Context
AUM/AUA	$12.9 billion	Growth of $1.0 billion since December 31, 2024
Q3 2025 Fee Income	$15.8 million	Represents 22% of total revenue for the quarter
Q3 2025 New Business Inflows	$214 million	Driven by new accounts and client additions

Expertise in Commercial and Industrial (C&I) lending and commercial real estate.

Peapack-Gladstone Financial Corporation actively builds its middle-market commercial banking franchise. Total loans increased to $6.0 billion at September 30, 2025, a 9% increase from the end of 2024. The focus on C&I lending is a core driver of this growth. Specifically, Commercial and Industrial (C&I) loans and leases stood at $2.7 billion as of September 30, 2025, making up 44% of the total loan portfolio. This lending strength, complemented by Treasury Management and Corporate Advisory services, fits perfectly with the private banking model.

Integrated wealth management and banking under one unified platform.

The unification of services is a structural advantage that supports the single point of contact model. The firm's strategy is explicitly designed to deliver lower-cost core deposit relationships, which has resulted in a consistent improvement in the Net Interest Margin (NIM), reaching 2.81% in Q3 2025. This integration allows for a more holistic view of the client's financial picture, linking commercial success with personal wealth preservation and growth. The firm's capital position remains strong, with Tangible Book Value per Share increasing to $34.10 at September 30, 2025, a 7% increase from year-end 2024.

You can see how the two main segments contribute to the overall financial picture:

• Total Assets as of September 30, 2025: $7.4 billion.
• Wealth Management AUM/AUA as of September 30, 2025: $12.9 billion.
• Total Loans as of September 30, 2025: $6.0 billion.
• C&I Loans as of September 30, 2025: $2.7 billion.

The firm also reported a Tier 1 Leverage Ratio of 8.86% for the Company at September 30, 2025, which is well above regulatory standards.

Peapack-Gladstone Financial Corporation (PGC) - Canvas Business Model: Customer Relationships

Dedicated, high-touch relationship management via the single point of contact model.

The company rebranded to Peapack Private Bank & Trust effective January 1, 2025, unifying banking and wealth management divisions to support this model. The success of this approach is evident in the Metro New York expansion, which onboarded over 700 new relationships as of June 30, 2025. The New York Commercial Private Banking initiative alone brought $950 million in new customer relationship deposits over the twelve months ending December 31, 2024. By June 30, 2025, the Metro New York expansion attracted over $1.3 billion in new core relationship deposit balances. The company emphasizes its 'single point of contact private banking strategy' and 'high-touch client service model' as key differentiators. The total assets under management and/or administration (AUM/AUA) stood at $12.9 billion at September 30, 2025. New business inflows for the Wealth Management Division in the third quarter of 2025 totaled $214 million. The Wealth Management fee income for the third quarter of 2025 was $15.8 million.

Long-term, trusted advisory relationships with business owners and families.

The target market includes high-net-worth individuals, ultra-high-net-worth individuals, businesses, and their owners. The focus on business owners is reflected in the loan portfolio composition. Commercial and Industrial (C&I) balances represented 44% of the total loan portfolio at September 30, 2025. The total loan portfolio reached $6.0 billion at September 30, 2025. The AUM/AUA in the Wealth Management Division grew by $1.0 billion to $12.9 billion at September 30, 2025, compared to $11.9 billion at December 31, 2024.

Metric	Value as of September 30, 2025	Value as of December 31, 2024
Total Deposits	$6.6 billion	$6.1 billion
Total Loans	$6.0 billion	$5.5 billion
AUM/AUA	$12.9 billion	$11.9 billion
Wealth Management Fee Income (Q3)	$15.8 million	$15.5 million (Q4 2024)

Relationship-driven deposit gathering to secure lower-cost core funding.

The strategy directly impacts funding costs, evidenced by the Net Interest Margin (NIM) expansion to 2.81% for the third quarter of 2025, up from 2.77% in the second quarter of 2025. Total deposits increased by $433 million, or 7%, through the first nine months of 2025, reaching $6.6 billion as of September 30, 2025. Core relationship deposits increased by $708 million during the nine months ended September 30, 2025. Noninterest-bearing deposits increased by $211 million, or 19%, during this same nine-month period. Noninterest-bearing demand deposits represented 20% of total deposits as of September 30, 2025.

• Total Deposits as of September 30, 2025: $6.6 billion.
• Noninterest-bearing deposits as of September 30, 2025: 20% of total deposits.
• Net Interest Margin (NIM) for Q3 2025: 2.81%.
• Core relationship deposit increase (YTD Q3 2025): $708 million.
• Total assets as of September 30, 2025: $7.2 billion.

Peapack-Gladstone Financial Corporation (PGC) - Canvas Business Model: Channels

You're looking at how Peapack-Gladstone Financial Corporation delivers its value proposition across the market, which heavily relies on physical presence and dedicated personnel, supplemented by digital tools.

Physical Private Banking offices, including the strategic New York City expansion.

The physical channel strategy centers on high-touch, boutique locations in key affluent markets. The New York City presence is a significant component of this channel, established to compete directly with larger institutions. Peapack Private Bank & Trust opened its flagship Financial Center in mid-town Manhattan at 300 Park Avenue in March 2025. This new first-floor Center spans 6,000 square feet and complements the existing 18,000 square feet of office space on the 13th floor, which opened in 2023. Furthermore, the expansion is moving into the New York Metro area, securing temporary commercial space at 175 Broadhollow Road, Melville, NY, and negotiating for permanent space in Garden City, Long Island. As of the second quarter of 2025, the holding company, Peapack-Gladstone Financial Corporation, reported total assets of $7.2 billion and Assets Under Management and/or Administration (AUM/AUA) of $12.3 billion as of June 30, 2025.

The physical footprint supports the core service model:

• The combined NYC locations host over 100 private bankers and relationship managers.
• The bank has more than a dozen offices in New Jersey.
• The expansion into Long Island involved staffing up the team, including adding several managing group directors.

Here are some key financial metrics as of mid-2025, reflecting the scale these channels support:

Metric	Value	Date/Period
Total Assets (PGC)	$7.2 billion	June 30, 2025
AUM/AUA	$12.3 billion	June 30, 2025
Total Deposits	$6.4 billion	June 30, 2025
Loan Balances	$5.8 billion	June 30, 2025
Wealth Management Fee Income	$15.9 million	Q2 2025

Direct Relationship Managers (the single point of contact).

The single point of contact model is central to the value proposition, especially in private banking. This structure ensures clients interact primarily with a dedicated team member for commercial banking, personal banking, and wealth management solutions. The hiring strategy supports this channel, with recent additions like Alex Lurye joining the New York-based commercial banking team as Senior Managing Director in October 2025. This model is explicitly cited as driving the consistent improvement in the net interest margin through lower-cost core deposit relationships.

Digital banking platforms for seamless online and mobile transactions.

While the emphasis is on personal contact, digital channels provide necessary transactional support. The Banking segment includes operation of ATMs, telephone, and Internet banking services. These platforms facilitate seamless online and mobile transactions for existing clients.

Investment banking subsidiary for corporate advisory services.

Peapack-Gladstone Financial Corporation channels corporate advisory services through its investment banking subsidiary, Peapack Private Investment Banking. This subsidiary actively engages in deal execution. For instance, in November 2025, Peapack Private Investment Banking advised ACA Computers, LLC's selling shareholders on its strategic sale to Network Coverage. The Banking segment also includes C&I advisory services.

Peapack-Gladstone Financial Corporation (PGC) - Canvas Business Model: Customer Segments

You're looking at the core client base for Peapack-Gladstone Financial Corporation (PGC) as of late 2025, which is heavily weighted toward sophisticated, relationship-driven banking and wealth management services.

The customer segments are clearly defined, reflecting the strategic pivot toward becoming a premier boutique private bank in the Metro New York area, which is evidenced by the ongoing expansion efforts there. This focus targets individuals and businesses needing high-touch service.

The client base is served through distinct channels, with the Wealth Management division managing substantial assets, which was $12.9 billion in Assets Under Management/Administration (AUM/AUA) as of September 30, 2025. For the third quarter of 2025, this division generated $15.8 million in fee income, which accounted for 22% of the Company's total revenue for that period.

The commercial side is centered on building a leading middle-market franchise, supported by services like Treasury Management and Corporate Advisory. The success of the New York City expansion is notable, having onboarded over 550 new relationships in 2024 alone.

The primary customer segments Peapack-Gladstone Financial Corporation serves include:

• High-net-worth individuals and families in the Metro New York area, a key focus area for the bank's private banking strategy.
• Privately held businesses and middle-market commercial clients, who drive the growth in the commercial banking segment.
• Family offices and not-for-profit organizations, which are explicitly mentioned as receiving innovative private banking services.

The composition of the loan portfolio clearly shows the emphasis on the commercial sector, particularly Commercial and Industrial (C&I) lending, which is a core growth area for Peapack-Gladstone Financial Corporation.

Here is a look at the loan portfolio composition as of September 30, 2025:

Loan Category	Portfolio Percentage (as of 9/30/2025)	Balance (as of 9/30/2025)
Commercial and Industrial (C&I) borrowers	44%	$2.7 billion
Total Loans	100%	$6.0 billion

The Commercial and Industrial (C&I) borrowers are a critical segment, representing exactly 44% of the total loan portfolio at September 30, 2025, with total C&I loans and leases reaching $2.7 billion. This segment accounted for 69% of the new business originations during the third quarter of 2025.

Peapack-Gladstone Financial Corporation (PGC) - Canvas Business Model: Cost Structure

You're looking at the expense side of Peapack-Gladstone Financial Corporation's operations as of late 2025, focusing on the costs necessary to support its boutique private bank and wealth management model.

The cost structure is heavily influenced by the need to attract and retain top-tier talent to deliver the high-touch service model, especially following the strategic push into the Metro New York market. Personnel expenses are a significant component, reflecting the commitment to experienced private banking and wealth management teams. For instance, Peapack-Gladstone Financial Corporation expected to add several new wealth professionals in early 2025 to capitalize on new client inflows from the New York expansion. This investment in human capital is a core cost driver.

Operating expenses have seen upward pressure, directly tied to the expansion efforts. For the second quarter of 2025, total operating expenses were reported at $51.9 million. This figure reflected costs associated with the ongoing expansion into New York City, alongside increased health insurance costs and annual merit increases. The company has acknowledged the impact of anticipated higher operating expenses in 2025 and beyond as part of its strategic plan execution.

A critical, variable cost in banking is the Provision for Credit Losses, which directly impacts reported earnings based on asset quality outlook. For the quarter ended September 30, 2025, the provision for credit losses was recorded at $4.8 million. This provision was primarily driven by overall loan growth of $506 million year-to-date and included specific reserves totaling $4.3 million related to two multifamily loans. At the end of Q3 2025, the Allowance for Credit Losses (ACL) stood at $68.6 million, representing 1.14% of total loans.

The commitment to a modern banking experience necessitates ongoing investment in technology and infrastructure costs for digital banking solutions. While specific technology spending figures aren't broken out in the immediate reports, the mention of adapting to technological changes as a risk factor underscores this as a necessary, ongoing expenditure to support both the Banking and Wealth Management segments.

Here is a summary of key cost-related figures from the period surrounding Q3 2025:

Cost/Reserve Metric	Period	Amount (Dollars in Thousands)
Provision for Credit Losses	Three Months Ended September 30, 2025	$4,800
Allowance for Credit Losses (ACL)	As of September 30, 2025	$68,600
Total Operating Expenses	Three Months Ended June 30, 2025	$51,900
Total Operating Expense (Full Year)	Year Ended December 31, 2024	$175,700

The expense profile for Peapack-Gladstone Financial Corporation shows a clear trade-off:

• Investment in personnel to support the private banking strategy.
• Higher operating expenses driven by the New York City expansion.
• Credit risk management costs reflected in the Provision for Credit Losses.
• Necessary capital outlay for technology infrastructure.

Finance: draft 13-week cash view by Friday.

Peapack-Gladstone Financial Corporation (PGC) - Canvas Business Model: Revenue Streams

You're looking at the core ways Peapack-Gladstone Financial Corporation (PGC) brings in money as of late 2025. For a bank holding company, this is all about the spread between what they earn on assets and what they pay on liabilities, plus the fees they charge for services.

The primary engine remains Net Interest Income (NII) from lending activities. For the third quarter of 2025, NII was reported at $50.6 million. This figure reflects the interest earned on the loan portfolio and investment securities, offset by the interest paid on deposits and borrowings. The Net Interest Margin (NIM) for Q3 2025 expanded to 2.81%.

A significant component feeding into that NII is the interest generated by the loan book. As of September 30, 2025, total loans stood at $6.0 billion. Specifically, Commercial and Industrial (C&I) loans and commercial real estate loans are key drivers of interest income. C&I balances represented 44% of the total loan portfolio at that same date. The loan portfolio saw growth, with total loans increasing by $506 million through the first nine months of 2025.

The second major pillar is fee income, largely driven by the Wealth Management division. For Q3 2025, Wealth Management fee income totaled $15.8 million. This represented 22% of the total revenue for the quarter. Assets under management (AUM/AUA) for this division grew to $12.9 billion at September 30, 2025.

Another specific fee-based stream comes from the commercial side. Fee income on unused commercial lines of credit was $825,000 for Q3 2025. This is income generated simply for having committed credit capacity available to commercial clients, even if they don't draw on it.

Here's a quick look at the key Q3 2025 revenue figures you asked about:

Revenue Component	Q3 2025 Amount
Net Interest Income (NII)	$50.6 million
Wealth Management Fee Income	$15.8 million
Fee Income on Unused Commercial Lines of Credit	$825,000
Total Revenue (NII + Noninterest Income)	$70.7 million

The revenue generation for Peapack-Gladstone Financial Corporation (PGC) is clearly weighted toward its core banking spread, but the fee income from Wealth Management is a substantial, consistent contributor. You can see the relationship between the loan portfolio size and the NII generation.

• NII growth was 5% on a linked quarter basis (Q3 2025 vs Q2 2025).
• Wealth Management AUM/AUA grew by $1.0 billion from the end of 2024 to September 30, 2025.
• C&I loans make up 44% of the total loan portfolio.
• Unused line fees in Q3 2025 were slightly down from Q2 2025's $869,000.

Finance: draft 13-week cash view by Friday.