Peapack Gladstone Financial (PGC) Operating Expenses (2010 - 2026)
Peapack Gladstone Financial's (PGC) quarterly Operating Expenses came in at $63.8 million in Q2 2026, up 9.02% year-over-year from $58.5 million in Q2 2025, and up 1.57% quarter-over-quarter from $62.8 million in Q1 2026.
Analysis
Peapack Gladstone Financial (PGC) Operating Expenses (2010 - 2026) Analysis & Trends
Peapack Gladstone Financial has disclosed Operating Expenses across 17 years of filings, most recently posting $63.8 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 9.02% year-over-year to $63.8 million; the TTM figure through Jun 2026 stood at $232.4 million (up 13.4% YoY), while the FY2025 annual figure was $207.2 million, up 17.93% from the prior year.
- Operating Expenses came in at $63.8 million for Q2 2026 at Peapack Gladstone Financial, up from $62.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $63.8 million in Q2 2026 to a low of $32.7 million in Q2 2022.
- Average Operating Expenses over 5 years is $44.6 million, with a median of $41.6 million recorded in 2024.
- Year-over-year, Operating Expenses advanced 4.11% in 2023 and soared 35.6% in 2025.
- Over 5 years, Operating Expenses stood at $33.4 million in 2022, then advanced by 12.58% to $37.6 million in 2023, then climbed by 27.23% to $47.9 million in 2024, then advanced by 11.86% to $53.5 million in 2025, then increased by 19.08% to $63.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $63.8 million in Q2 2026, $62.8 million in Q1 2026, and $53.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | Peapack Gladstone Financial | 814.49 Mn | 814.49 Mn | - | 63.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.76 Mn |
| Mar 31, 2026 | 62.77 Mn |
| Dec 31, 2025 | 53.54 Mn |
| Sep 30, 2025 | 52.30 Mn |
| Jun 30, 2025 | 58.48 Mn |
| Mar 31, 2025 | 53.91 Mn |
| Dec 31, 2024 | 47.86 Mn |
| Sep 30, 2024 | 44.65 Mn |
| Jun 30, 2024 | 43.13 Mn |
| Mar 31, 2024 | 40.04 Mn |
| Dec 31, 2023 | 37.62 Mn |
| Sep 30, 2023 | 37.41 Mn |
| Jun 30, 2023 | 37.69 Mn |
| Mar 31, 2023 | 35.57 Mn |
| Dec 31, 2022 | 33.41 Mn |
| Sep 30, 2022 | 33.56 Mn |
| Jun 30, 2022 | 32.66 Mn |
| Mar 31, 2022 | 34.17 Mn |
| Dec 31, 2021 | 31.70 Mn |
| Sep 30, 2021 | 32.19 Mn |