UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  ------------

                                   FORM 8-K/A

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934




Date of report (Date of earliest event reported)        November 10, 2006
                                                  ------------------------------


                     PEAPACK-GLADSTONE FINANCIAL CORPORATION
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               (Exact Name of Registrant as Specified in Charter)


         New Jersey                   001-16197             22-3537895
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(State or Other Jurisdiction          (Commission           (I.R.S. Employer
     of Incorporation)                 File Number)          Identification No.)


158 Route 206, Peapack-Gladstone, New Jersey                        07934
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(Address of Principal Executive Offices)                            (Zip Code)


Registrant's telephone number, including area code    (908) 234-0700
                                                      --------------------------

         Check the  appropriate  box below if the Form 8-K filing is intended to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

      |_| Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

      |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)

      |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

      |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))




Item 4.01  Changes in Registrant's Certifying Accountant.

         On November 10, 2006, the Audit  Committee of the Board of Directors of
Peapack-Gladstone  Financial Corporation (the "Corporation")  dismissed KPMG LLP
("KPMG") as the principal accountants for the Corporation upon completion of the
audit of the Corporation's  consolidated  financial statements as of and for the
year ended  December  31,  2006,  and the  issuance  of their  reports  thereon.
Concurrently, the Audit Committee appointed Crowe Chizek and Company LLC ("Crowe
Chizek") as the principal  accountants  for the  Corporation for the year ending
December 31, 2007.  The dismissal of KPMG as the principal  accountants  for the
Corporation became effective on March 16, 2007.

         The audit reports of KPMG on the consolidated  financial  statements of
the  Corporation  and subsidiary as of and for the years ended December 31, 2006
and 2005 did not contain an adverse  opinion or  disclaimer  of opinion and were
not  qualified  or  modified  as to  uncertainty,  audit  scope,  or  accounting
principles,  except that KPMG's report on the consolidated  financial statements
of the  Corporation  and  subsidiary as of and for the years ended  December 31,
2006 and 2005, contained a separate paragraph stating that "as discussed in Note
14 to the  consolidated  financial  statements,  effective  January 1, 2006, the
Corporation  adopted SEC Staff  Accounting  Bulletin  No. 108,  Considering  the
Effects of Prior Year  Misstatements  when Quantifying  Misstatements in Current
Year Financial Statements." The audit reports of KPMG on management's assessment
of the  effectiveness  of internal  control  over  financial  reporting  and the
effectiveness  of internal  control over financial  reporting as of December 31,
2006 and 2005 did not contain an adverse  opinion or  disclaimer  of opinion and
were not  qualified  or modified as to  uncertainty,  audit scope or  accounting
principles.

         During the two fiscal years ended December 31, 2006, and the subsequent
interim period through March 16, 2007, there were no (1) disagreements with KPMG
on any  matter  of  accounting  principles  or  practices,  financial  statement
disclosure, or auditing scope or procedures, which disagreements if not resolved
to KPMG's  satisfaction  would have caused KPMG to make  reference in connection
with  their  opinion to the  subject  matter of the  disagreements  in its audit
reports on the  consolidated  financial  statements  of the  Corporation  or (2)
"reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K.

         During the fiscal  years ended  December  31,  2006 and 2005,  and from
December 31, 2006 to the date of filing of this Form 8-K/A,  the Corporation has
not  consulted  with  Crowe  Chizek  regarding  either  (a) the  application  of
accounting principles to any completed or contemplated transaction,  or the type
of audit  opinion  that  might be  rendered  on the  Corporation's  consolidated
financial  statements;  or (b)  any of  the  other  matters  specified  in  Item
304(a)(1)(iv) of Regulation S-K.

         The  Corporation  has requested and received from KPMG a letter,  dated
March 16,  2007,  addressed  to the  Securities  and  Exchange  Commission  (the
"Commission")  stating whether or not KPMG agrees with the above  statements.  A
copy of the KPMG letter is attached as Exhibit 16.1 to this Report.

         The  Corporation  has provided a copy of the disclosures in this report
to Crowe  Chizek  and  offered  it the  opportunity  to  furnish a letter to the
Commission contemplated by Item 304(a)(2)(ii)(D) of Regulation S-K. Crowe Chizek
has advised that it does not intend to furnish such a letter to the Commission.




Item 9.01  Financial Statements and Exhibits.

(d)      Exhibits.

         Exhibit No.           Description
         -----------           -----------

            16.1               Letter, dated March 16, 2007 from KPMG LLP to the
                               Securities and Exchange Commission.





                                    SIGNATURE


         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                            PEAPACK-GLADSTONE FINANCIAL CORPORATION



Dated: March 22, 2007       By:     /s/ Arthur F. Birmingham
                                 ----------------------------------------------
                            Name:  Arthur F. Birmingham
                            Title: Executive Vice President and Chief Financial
                                   Officer





                                  EXHIBIT INDEX

Exhibit No.         Title
-----------         -----

    16.1            Letter, dated March 16, 2007 from KPMG LLP to the Securities
                    and Exchange Commission.