Peapack Gladstone Financial (PGC) Rent Expense (2014 - 2026)

Peapack Gladstone Financial's Rent Expense history runs 13 years deep, the most recent figure standing at $6.9 million for Q1 2026.

• In Q1 2026, Rent Expense rose 11.44% year-over-year to $6.9 million; the TTM figure through Mar 2026 stood at $27.3 million (up 15.96% YoY), while the FY2025 annual figure was $26.6 million, up 18.36% from the prior year.
• Rent Expense came in at $6.9 million for Q1 2026 at Peapack Gladstone Financial, down from $7.1 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $7.1 million in Q4 2025 to a low of $4.4 million in Q1 2023.
• A 5-year average of $5.6 million and a median of $5.4 million in 2023 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense declined 5.87% in 2023 and grew 22.14% in 2024, its largest moves.
• Peapack Gladstone Financial's Rent Expense stood at $4.9 million in 2022, then increased by 10.58% to $5.4 million in 2023, then grew by 10.69% to $6.0 million in 2024, then advanced by 19.13% to $7.1 million in 2025, then decreased by 3.98% to $6.9 million in 2026.
• According to Business Quant data, Rent Expense over the past three periods registered $6.9 million, $7.1 million, and $6.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison