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Peapack-Gladstone Financial PGC Banking — Depreciation

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Other financials

Income statement

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Revenue$82.5M+28.2%
Net income$14.2M+86.3%
EPS (diluted)$0.80+86.0%

Balance sheet

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Cash & equivalents$253.4M+9.3%
Total debt$106.4M+140%
Total equity$699.2M+12.4%
Total assets$7.7B+8.1%

Cash flow

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Operating cash flow$24.6M+412%
CapEx$1.3M-64.1%
Free cash flow$23.3M+303%

Valuation

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Market cap$820.01M+73.9%
Enterprise value$673.03M+137%
P/E18.7×+3.9×
P/S2.7×+0.8×

Profitability

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Net margin14.6%+1.2pp
FCF margin14.2%-6.9pp

Returns & leverage

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Return on equity6.6%+1.3pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Peapack-Gladstone Financial in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Peapack-Gladstone Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Peapack-Gladstone Financial's banking — depreciation?
Peapack-Gladstone Financial (PGC) reported banking — depreciation of $1.06M in Q1 2026.
How has Peapack-Gladstone Financial's banking — depreciation changed year-over-year?
Peapack-Gladstone Financial's banking — depreciation increased by 38.3% year-over-year, from $765K to $1.06M.
What is the long-term trend for Peapack-Gladstone Financial's banking — depreciation?
Over 3 years (2022 to 2025), Peapack-Gladstone Financial's banking — depreciation has grown at a 6.6% compound annual growth rate (CAGR), from $3.01M to $3.65M.
What does banking — depreciation mean?
This is the systematic allocation of the cost of tangible assets, such as furniture, fixtures, and technology hardware, over their useful lives within the banking segment. It reflects the non-cash expense associated with maintaining the segment's operational infrastructure. Consistent tracking helps in understanding the capital intensity of the banking business.