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PEAPACK GLADSTONE FINANCIAL CORP (PGC) filed an 8-K current report with the SEC on April 24, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Corrected earnings release and investor presentation for quarter ended March 31, 2026.
PEAPACK GLADSTONE FINANCIAL CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Corrected earnings release and investor presentation for quarter ended March 31, 2026
- Investors should rely on Exhibit 99.1 for amended financial results and related disclosures
- Correction indicates prior April 22 materials contained errors requiring formal revision
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 book value per share corrected to $37.79 from $39.48 after preferred stock treatment error
- Tangible book value per share reduced to $35.33 from $37.02
- Tangible equity-to-tangible assets revised to 8.17% from 8.56%
- Net income, operating results, cash flows, and regulatory capital ratios unchanged
- Correction highlights lower common-equity valuation metrics following March 2026 preferred stock issuance
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