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
DateValue
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