Peapack-Gladstone Financial PGC Banking — Premises And Equipment Expense
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Where this comes from
Reported directly by Peapack-Gladstone Financial in its filing.
Tagged under the XBRL concept pgc:PremisesAndEquipmentExpense.
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 — premises and equipment expense?
- Peapack-Gladstone Financial (PGC) reported banking — premises and equipment expense of $5.02M in Q1 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 8.9% year-over-year, from $4.61M to $5.02M.
- 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.