Peapack-Gladstone Financial Corporation - Common Stock (PGC)

Competitors to Peapack-Gladstone Financial Corporation - Common Stock (PGC)

BNC Bancorp

BNC Bancorp and Peapack-Gladstone Financial Corporation compete in the same arena of community banking and wealth management. Both companies focus on providing tailored financial solutions. BNC Bancorp distinguishes itself with its digital banking services and technological innovations, which could appeal strongly to younger consumers and tech-savvy clients, thus providing it a competitive advantage in the modern banking landscape.

First Bank 

First Bank and Peapack-Gladstone Financial Corporation are both focused on community banking, offering personalized financial services to individuals and businesses. While they compete on the basis of customer service and local engagement, First Bank may leverage its cost structure and local market penetration to offer competitive interest rates and fees, potentially giving it an advantage in attracting cost-sensitive customers.

Investors Bancorp, Inc.

Investors Bancorp, Inc. competes directly with Peapack-Gladstone Financial Corporation by offering similar retail and commercial banking services primarily in the New Jersey and New York markets. Investors Bancorp has developed a strong brand presence and a diverse product lineup, resulting in a competitive advantage in attracting customers. Additionally, its larger asset base allows for better pricing and loan products compared to Peapack-Gladstone.

Provident Financial Services, Inc. 

Provident Financial Services and Peapack-Gladstone Financial Corporation target similar customer demographics by providing a range of financial services, including retail and commercial banking products. Both banks emphasize personalized service and local community involvement. However, Provident has a more extensive array of financial products and a larger asset base, which may offer it a competitive edge in pricing and loan offerings.

Valley National Bancorp 

Valley National Bancorp and Peapack-Gladstone Financial Corporation both operate as community banks offering similar services including personal banking, commercial banking, and wealth management. They compete for the same regional market by catering to small and medium-sized businesses and affluent individuals. Valley National, however, has a larger footprint and more extensive network of branches, giving it a competitive advantage in terms of accessibility and market presence.