Peapack-Gladstone Financial PGC Wealth Management Division — Premises And Equipment Expense

Other segment segments

Similar metrics at other companies

WSFSWealth Management — Equipment expense

$2.63M+14.9%

UVSPWealth Management — Equipment

$12K+20.0%

FITBWealth And Asset Management — Equipment expense

$0—

RFWealth Management — Equipment and software expense

$1M—

TMPWealth Management — Depreciation and amortization of premises, equipment, and software

$46K+4.5%

MTBInstitutional Services and Wealth Management — Depreciation and amortization of premises and equipment

$2M0.0%

Questions, answered.

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 $673K in Q1 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 1.5% year-over-year, from $663K to $673K.

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.