Peapack Gladstone Financial PGC
NASDAQ PGC
$43.49 -0.13 (-0.31%)
As of: Oct 1, 2026 · 12:35 PM EDT

Peapack Gladstone Financial (PGC) Operating Expenses (2010 - 2026)

Updated

Peapack Gladstone Financial (PGC) recorded Operating Expenses of $63.76 million in Q2 2026, up 9.0% from $58.48 million a year earlier and up 1.6% from the prior quarter.

Analysis

Peapack Gladstone Financial (PGC) Operating Expenses (2010 - 2026) Analysis & Trends

On a TTM basis, Peapack Gladstone Financial's Operating Expenses came in at $232.36 million as of Jun 30, 2026, up 13.4% year-over-year; for FY2025, it came in at $207.17 million, up 17.9% from FY2024.

  • Annual Operating Expenses has increased for 16 straight years, with a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
  • Across earlier years, Operating Expenses came in at $175.68 million in FY2024 (+18.5%), $148.3 million in FY2023 (+10.8%), $133.8 million in FY2022 (+6.0%) and $126.17 million in FY2021 (+1.0%).
  • The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q1 2010.
  • On a year-over-year basis, Operating Expenses has increased for 18 consecutive quarters, with growth averaging 21.4% over the last eight quarters.
  • Peak year-over-year performance for Operating Expenses in the last five years was growth of 35.6% in Q2 2025, against a decline of 19.2% in Q4 2021 at the low end.
  • Per Business Quant, the preceding three quarters came in at $62.77 million (Q1 2026), $53.54 million (Q4 2025) and $52.3 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn - 27.32 Bn
2 Banco Santander Chile 418.48 Bn 538.42 Bn - -3,218.32 Bn
3 Bank Of America 381.92 Bn -1,994.15 Bn - 18.63 Bn
4 Hsbc Holdings 341.10 Bn 341.15 Bn - -
5 Morgan Stanley 295.71 Bn -213.38 Bn - 13.90 Bn
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn - 7.02 Bn
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn 17.50 Bn
8 Goldman Sachs 262.78 Bn -3,294.34 Bn - 11.67 Bn
9 Wells Fargo & Company 242.61 Bn 244.75 Bn - 13.66 Bn
10 Peapack Gladstone Financial 773.29 Mn 773.29 Mn - 63.76 Mn
Historic Data

Historic Data

Download Data
DateValue
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
API Access

Peapack Gladstone Financial Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=PGC&period=max&api_key=YOUR_API_KEY