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Peapack-Gladstone Financial PGC Wealth Management Division — Goodwill
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Where this comes from
Reported directly by Peapack-Gladstone Financial in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The source filing: Peapack-Gladstone Financial’s 10-K, filed March 11, 2026.
- Filed
- Mar 11, 2026, 1:55 PM EDT
- Fiscal year
- FY2025
- Accession
- 0001193125-26-101763
Goodwill on the Company’s consolidated statement of financial condition totaled $36.2 million at December 31, 2025 and 2024. Of the $36.2 million of goodwill, $563,000 relates to the Banking segment and $35.6 million relates to the Wealth Management segment.
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Peapack-Gladstone Financial's wealth management division — goodwill?
- Peapack-Gladstone Financial (PGC) reported wealth management division — goodwill of $35.6M in Q4 2025.
- How has Peapack-Gladstone Financial's wealth management division — goodwill changed year-over-year?
- Peapack-Gladstone Financial's wealth management division — goodwill decreased by 0.0% year-over-year, from $35.6M to $35.6M.
- What does wealth management division — goodwill mean?
- This represents the intangible asset value recorded when the wealth management division was acquired for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, client relationships, and future growth potential in the wealth management market.
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