Pacific Premier Bancorp, Inc. (PPBI)

NASDAQ: PPBI · IEX Real-Time Price · USD
29.11
-0.80 (-2.67%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.67%
Market Cap 2.79B
Revenue (ttm) 729.15M
Net Income (ttm) 239.90M
Shares Out 95.90M
EPS (ttm) 2.51
PE Ratio 11.60
Forward PE 14.53
Dividend $1.32 (4.54%)
Ex-Dividend Date Nov 2, 2023
Volume 322,339
Open 29.72
Previous Close 29.91
Day's Range 29.08 - 29.89
52-Week Range 17.53 - 35.66
Beta 1.23
Analysts Buy
Price Target 25.50 (-12.4%)
Earnings Date Jan 25, 2024

About PPBI

Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides various banking products and services to businesses, professionals, real estate investors, and non-profit organizations in the United States. The company accepts deposit products, such as checking, money market, and savings accounts; and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, small business administration (SB... [Read more]

Sector Financials
IPO Date Jun 25, 1997
Employees 1,430
Stock Exchange NASDAQ
Ticker Symbol PPBI
Full Company Profile

Financial Performance

In 2022, PPBI's revenue was $781.03 million, a decrease of -7.14% compared to the previous year's $841.10 million. Earnings were $283.74 million, a decrease of -16.52%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for PPBI stock is "Buy." The 12-month stock price forecast is $25.5, which is a decrease of -12.40% from the latest price.

Price Target
$25.5
(-12.40% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Pacific Premier Bancorp repositions its balance sheet by selling

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) (“Pacific Premier”), the holding company of Pacific Premier Bank (the “Bank,” and together with Pacific Premier, the “Company”), announced the Bank complet...

5 weeks ago - Market Watch

Pacific Premier Announces Securities Portfolio Repositioning

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Announces Securities Portfolio Repositioning.

5 weeks ago - Business Wire

Pacific Premier Bancorp, Inc. Announces Third Quarter 2023 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces Third Quarter 2023 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share.

2 months ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce Third Quarter 2023 Financial Results on October 24, 2023

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce Third Quarter 2023 Financial Results on October 24, 2023.

3 months ago - Business Wire

4 Undervalued Regional Banks in the Russell 2000

These four regional banking stocks are worth looking at for two basic reasons. First, the collapse of Silicon Valley Bank earlier this year, which took the entire sector down.

Other symbols: ABCBAUBSFNC
3 months ago - GuruFocus

Pacific Premier Bancorp, Inc. Announces Second Quarter 2023 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces Second Quarter 2023 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share.

5 months ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce Second Quarter 2023 Financial Results on July 27, 2023

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce Second Quarter 2023 Financial Results on July 27, 2023.

6 months ago - Business Wire

Kroll Bond Rating Agency Affirms Pacific Premier Bank and Pacific Premier Bancorp, Inc. Credit Ratings of A- and BBB+

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Kroll Bond Rating Agency Affirms Pacific Premier Bank and Pacific Premier Bancorp, Inc. Credit Ratings of A- and BBB+.

7 months ago - Business Wire

Pacific Premier Bancorp, Inc. Announces First Quarter 2023 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces First Quarter 2023 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share.

8 months ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce First Quarter 2023 Financial Results on April 27, 2023

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc.

9 months ago - Business Wire

20 banks that are sitting on huge potential securities losses—as was SVB

Silicon Valley Bank has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday.

10 months ago - Market Watch

10 banks that may face trouble in the wake of the SVB Financial Group debacle

As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always...

10 months ago - Market Watch

Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

IRVINE, Calif.--(BUSINESS WIRE)--Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the “Company” or “Pacific Premier”), the holding company of Pacific Premier Bank (the “Bank”), reported net income of $...

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce Fourth Quarter 2022 Financial Results on January 26, 2023

IRVINE, Calif.--(BUSINESS WIRE)--Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its fourth quarter ...

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce Third Quarter 2022 Financial Results on October 20, 2022

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce Third Quarter 2022 Financial Results on October 20, 2022

1 year ago - Business Wire

Pacific Premier Bancorp Announces Addition to Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp Announces Addition to Board of Directors

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. Announces Second Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces Second Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce Second Quarter 2022 Financial Results on July 21, 2022

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce Second Quarter 2022 Financial Results on July 21, 2022

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. Announces First Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces First Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. Ranks Fourth in S&P Global Market Intelligence U.S. Bank Performance Ranking for 2021

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Ranks Fourth in S&P Global Market Intelligence U.S. Bank Performance Ranking for 2021

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. to Announce First Quarter 2022 Financial Results on April 26, 2022

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce First Quarter 2022 Financial Results on April 26, 2022

1 year ago - Business Wire

Pacific Premier Bancorp, Inc. Announces Addition to Board of Directors and Issues 2021 Corporate Social Responsibility Report

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces Addition to Board of Directors and Issues 2021 Corporate Social Responsibility Report

1 year ago - Business Wire

Pacific Premier Bank Ranked as the Third Best Bank in America by Forbes

IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bank Ranked as the Third Best Bank in America by Forbes

2 years ago - Business Wire