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Peapack-Gladstone Financial PGC Wealth Management Division — Income Tax Expense Benefit

Other segment segments

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$3.49M+227%

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Other financials

Income statement

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Revenue$82.5M+28.2%
Net income$14.2M+86.3%
EPS (diluted)$0.80+86.0%

Balance sheet

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Cash & equivalents$253.4M+9.3%
Total debt$106.4M+140%
Total equity$699.2M+12.4%
Total assets$7.7B+8.1%

Cash flow

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Operating cash flow$24.6M+412%
CapEx$1.3M-64.1%
Free cash flow$23.3M+303%

Valuation

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Market cap$820.01M+73.9%
Enterprise value$673.03M+137%
P/E18.7×+3.9×
P/S2.7×+0.8×

Profitability

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Net margin14.6%+1.2pp
FCF margin14.2%-6.9pp

Returns & leverage

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Return on equity6.6%+1.3pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Peapack-Gladstone Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 wealth management division — income tax expense benefit?
Peapack-Gladstone Financial (PGC) reported wealth management division — income tax expense benefit of $2.09M in Q1 2026.
How has Peapack-Gladstone Financial's wealth management division — income tax expense benefit changed year-over-year?
Peapack-Gladstone Financial's wealth management division — income tax expense benefit increased by 16.9% year-over-year, from $1.79M to $2.09M.
What is the long-term trend for Peapack-Gladstone Financial's wealth management division — income tax expense benefit?
Over 3 years (2022 to 2025), Peapack-Gladstone Financial's wealth management division — income tax expense benefit has grown at a 5.4% compound annual growth rate (CAGR), from $6.65M to $7.77M.
What does wealth management division — income tax expense benefit mean?
This represents the portion of the wealth management segment's earnings allocated to income tax obligations. It reflects the tax burden associated with the segment's operational profits and is essential for calculating the net contribution of the division to the overall corporate bottom line.