Peapack-Gladstone Financial PGC Banking — Depreciation
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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.