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Peapack-Gladstone Financial PGC Wealth Management Division — Trust Department Expense

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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$822.13M+74.4%
Enterprise value$675.15M+138%
P/E18.7×+4.0×
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 pgc:TrustDepartmentExpense.

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 — trust department expense?
Peapack-Gladstone Financial (PGC) reported wealth management division — trust department expense of $1.18M in Q1 2026.
What does wealth management division — trust department expense mean?
This represents the specific operational costs directly attributable to the administration and management of trust accounts within the wealth management division. It highlights the specialized overhead required to maintain fiduciary standards and regulatory compliance for trust clients.