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Peapack-Gladstone Financial PGC Wealth Management Division — Residual Other Operating Expense
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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) | Banking | Wealth / Management | Total |
|---|---|---|---|
| FDIC expense | 1,495 | — | 1,495 |
| Professional and legal fees | 1,532 | — | 1,532 |
| Trust department expense | — | 1,189 | 1,189 |
| Other operating expense | 3,897 | 943 | 4,840 |
| Total operating expense | 52,839 | 10,916 | 63,755 |
| Income before income tax expense | 15,381 | 6,916 | 22,297 |
| Income tax expense | 4,290 | 2,035 | 6,325 |
| Net income | $11,091 | $4,881 | $15,972 |
Item 1. Financial Statements
FAQ
- What is Peapack-Gladstone Financial's wealth management division — residual other operating expense?
- Peapack-Gladstone Financial (PGC) reported wealth management division — residual other operating expense of $943K in Q2 2026.
- What does wealth management division — residual other operating expense mean?
- This category aggregates miscellaneous operating costs not captured in primary expense categories, such as marketing, travel, and administrative overhead. It provides insight into the secondary cost drivers required to support the segment's daily business activities.
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