Peapack Gladstone Financial (PGC) Operating Expenses (2010 - 2026)
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.
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 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
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();