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Peapack Gladstone Financial (PGC) Rent Expense: 2016-2025

Historic Rent Expense for Peapack Gladstone Financial (PGC) over the last 8 years, with Sep 2025 value amounting to $6.7 million.

  • Peapack Gladstone Financial's Rent Expense rose 18.52% to $6.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $25.5 million, marking a year-over-year increase of 16.25%. This contributed to the annual value of $22.5 million for FY2024, which is 13.95% up from last year.
  • Peapack Gladstone Financial's Rent Expense amounted to $6.7 million in Q3 2025, which was up 0.53% from $6.6 million recorded in Q2 2025.
  • Over the past 5 years, Peapack Gladstone Financial's Rent Expense peaked at $6.7 million during Q3 2025, and registered a low of $4.1 million during Q2 2021.
  • Moreover, its 3-year median value for Rent Expense was $5.6 million (2024), whereas its average is $5.6 million.
  • As far as peak fluctuations go, Peapack Gladstone Financial's Rent Expense dropped by 5.87% in 2023, and later grew by 22.14% in 2024.
  • Quarterly analysis of 5 years shows Peapack Gladstone Financial's Rent Expense stood at $4.5 million in 2021, then rose by 8.39% to $4.9 million in 2022, then climbed by 10.58% to $5.4 million in 2023, then rose by 10.69% to $6.0 million in 2024, then grew by 18.52% to $6.7 million in 2025.
  • Its Rent Expense stands at $6.7 million for Q3 2025, versus $6.6 million for Q2 2025 and $6.2 million for Q1 2025.