Peapack Gladstone Financial (PGC) Rent Expense (2014 - 2026)
Peapack Gladstone Financial (PGC) reported Rent Expense of $6.9 million for Q1 2026, up 11.44% on a YoY basis from $6.2 million in Q1 2025, and down 3.98% sequentially from $7.1 million in Q4 2025.
Peapack Gladstone Financial (PGC) Rent Expense (2014 - 2026) Analysis & Trends
Peapack Gladstone Financial (PGC) has 13 years of Rent Expense data on file, last reported at $6.9 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 11.44% year-over-year to $6.9 million; the trailing twelve-month figure through Mar 2026 stood at $27.3 million (up 15.96% YoY), and the FY2025 full-year result was $26.6 million, up 18.36% from the prior year.
- Rent Expense slipped to $6.9 million in Q1 2026, 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 dropped 5.87% in 2023 and climbed 22.14% in 2024, its largest moves.
- Tracing PGC's Rent Expense over 5 years: stood at $4.9 million in 2022, then climbed by 10.58% to $5.4 million in 2023, then advanced by 10.69% to $6.0 million in 2024, then rose by 19.13% to $7.1 million in 2025, then fell by 3.98% to $6.9 million in 2026.
- Business Quant data shows PGC's Rent Expense at $6.9 million in Q1 2026, $7.1 million in Q4 2025, and $6.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | Peapack Gladstone Financial | 817.21 Mn | 817.21 Mn | - | 6.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.86 Mn |
| Mar 31, 2026 | 6.86 Mn |
| Dec 31, 2025 | 7.14 Mn |
| Dec 31, 2025 | 7.14 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Jun 30, 2025 | 6.64 Mn |
| Jun 30, 2025 | 6.64 Mn |
| Mar 31, 2025 | 6.15 Mn |
| Mar 31, 2025 | 6.15 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Dec 31, 2024 | 6.00 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 5.78 Mn |
| Jun 30, 2024 | 5.78 Mn |
| Mar 31, 2024 | 5.08 Mn |
| Mar 31, 2024 | 5.08 Mn |
| Dec 31, 2023 | 5.42 Mn |
| Dec 31, 2023 | 5.42 Mn |