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Peapack-Gladstone Financial PGC Banking — Residual Other Operating Expense

Other segment segments

Wealth Management Division
$943K-11.9%

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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:ResidualOtherOperatingExpense.

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
FDIC expense1,4951,495
Professional and legal fees1,5321,532
Trust department expense1,1891,189
Other operating expense3,8979434,840
Total operating expense52,83910,91663,755
Income before income tax expense15,3816,91622,297
Income tax expense4,2902,0356,325
Net income$11,091$4,881$15,972

Item 1. Financial Statements

FAQ

What is Peapack-Gladstone Financial's banking — residual other operating expense?
Peapack-Gladstone Financial (PGC) reported banking — residual other operating expense of $3.9M in Q2 2026.
What does banking — residual other operating expense mean?
This captures miscellaneous operating expenses within the banking segment that do not fall into specific categories like labor, premises, or depreciation. It serves as a catch-all for various administrative and operational costs. A stable or declining trend is generally preferred to ensure that overhead costs remain under control.

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