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Peapack-Gladstone Financial PGC Banking — Premises And Equipment Expense

Other segment segments

Wealth Management Division
$730K+2.0%

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Other financials

Income statement

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Revenue$86.1M+23.4%
Net income$16.0M+101%
EPS (diluted)$0.86+91.1%

Balance sheet

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Cash & equivalents$253.9M-19.6%
Total debt$117.5M+173%
Total equity$715.8M+13.7%
Total assets$8.0B+10.7%

Cash flow

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Operating cash flow$51.2M+221%
CapEx$2.6M-56.2%
Free cash flow$48.6M

Valuation

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Market cap$800.42M+79.2%
Enterprise value$663.97M+281%
P/E15.4×+1.6×
P/S2.5×+0.8×

Profitability

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Net margin16.4%+3.5pp
FCF margin14.2%-6.9pp

Returns & leverage

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Return on equity7.7%+2.4pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Peapack-Gladstone Financial in its filing.

Tagged under the XBRL concept pgc:PremisesAndEquipmentExpense.

The source filing: Peapack-Gladstone Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:46 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-339645
(In thousands)BankingWealth / ManagementTotal
Total income68,22017,83286,052
Provision for credit losses8,0888,088
Compensation and benefits31,6597,94339,602
Premises and equipment expense5,1037305,833
Depreciation expense1,0651111,176
FDIC expense1,4951,495
Professional and legal fees1,5321,532
Trust department expense1,1891,189

Item 1. Financial Statements

FAQ

What is Peapack-Gladstone Financial's banking — premises and equipment expense?
Peapack-Gladstone Financial (PGC) reported banking — premises and equipment expense of $5.1M in Q2 2026.
How has Peapack-Gladstone Financial's banking — premises and equipment expense changed year-over-year?
Peapack-Gladstone Financial's banking — premises and equipment expense increased by 4.4% year-over-year, from $4.89M to $5.1M.
What is the long-term trend for Peapack-Gladstone Financial's banking — premises and equipment expense?
Over 3 years (2022 to 2025), Peapack-Gladstone Financial's banking — premises and equipment expense has grown at a 15.6% compound annual growth rate (CAGR), from $12.76M to $19.73M.
What does banking — premises and equipment expense mean?
This represents the ongoing costs related to maintaining physical branches, office facilities, and the necessary technology infrastructure for the banking segment. It serves as a measure of the overhead required to maintain a physical or digital presence. High levels of this expense relative to revenue may indicate a need for operational optimization.

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