Peapack-Gladstone Financial Corporation Announces Enhancements in Light of Tax Reform Benefits
Peapack-Gladstone Financial Corporation (PGC)
Last peapack-gladstone financial corporation earnings: 1/29 09:00 am
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/1137117
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Source: GlobeNewswire
BEDMINSTER, NJ, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) announced that as a result of the reduction in corporate taxes from the Tax Cuts and Jobs Act, as previously announced in the Company’s Form 8-K dated January 18, 2018, the Company will reinvest up to 25% of that tax benefit in the Company’s people, processes, systems, client services and/or communities it serves. These benefits include, but are not limited to: · Salary adjustments for the lower 25th percentile of staff based on salary level; · A bonus of $1,000 to all full-time employees below the Executive Leadership Team level, with $500 given to all part-time employees; · Approximately 20% increase in contributions and community support spending; · Enhancing the Company’s online and mobile banking capabilities; · Streamlining and automating our commercial loan origination and underwriting process
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News
- Peapack-Gladstone Financial Corporation Reports First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Peapack-Gladstone Financial Corporation Reports First Quarter ResultsGlobeNewswire
- Greg Tamberlane Joins Peapack Private as Senior Vice President, Head of Commercial Bank Operations New York [Yahoo! Finance]Yahoo! Finance
- Greg Tamberlane Joins Peapack Private as Senior Vice President, Head of Commercial Bank Operations New YorkGlobeNewswire
- Peapack-Gladstone Bank Promotes Kate Sant'Angelo to Senior Vice President, Director of Personal Banking [Yahoo! Finance]Yahoo! Finance
PGC
Earnings
- 4/23/24 - Miss
PGC
Analyst Actions
- 2/26/24 - TheStreet
PGC
Sec Filings
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-K
- 3/22/24 - Form 4
- PGC's page on the SEC website