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Peapack-Gladstone Financial PGC Wealth Management Division — 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 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) | Banking | Wealth / Management | Total |
|---|---|---|---|
| Total income | 68,220 | 17,832 | 86,052 |
| Provision for credit losses | 8,088 | — | 8,088 |
| Compensation and benefits | 31,659 | 7,943 | 39,602 |
| Premises and equipment expense | 5,103 | 730 | 5,833 |
| Depreciation expense | 1,065 | 111 | 1,176 |
| FDIC expense | 1,495 | — | 1,495 |
| Professional and legal fees | 1,532 | — | 1,532 |
| Trust department expense | — | 1,189 | 1,189 |
Item 1. Financial Statements
FAQ
- What is Peapack-Gladstone Financial's wealth management division — premises and equipment expense?
- Peapack-Gladstone Financial (PGC) reported wealth management division — premises and equipment expense of $730K in Q2 2026.
- How has Peapack-Gladstone Financial's wealth management division — premises and equipment expense changed year-over-year?
- Peapack-Gladstone Financial's wealth management division — premises and equipment expense increased by 2.0% year-over-year, from $716K to $730K.
- What is the long-term trend for Peapack-Gladstone Financial's wealth management division — premises and equipment expense?
- Over 3 years (2022 to 2025), Peapack-Gladstone Financial's wealth management division — premises and equipment expense has grown at a 3.7% compound annual growth rate (CAGR), from $2.48M to $2.77M.
- What does wealth management division — premises and equipment expense mean?
- This reflects the costs associated with maintaining the physical office space and technological infrastructure required to support wealth management operations. It captures the fixed overhead necessary to house personnel and provide client-facing services.
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