Raymond James upgraded Pacific Premier from Outperform to Strong Buy and set a new price target of $35.00 from $41.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2024 | $26.00 → $29.00 | Strong Buy → Outperform | Raymond James |
| 7/7/2022 | $41.00 → $35.00 | Outperform → Strong Buy | Raymond James |
| 1/25/2022 | $50.00 → $45.00 | Overweight → Equal-Weight | Stephens |
| 1/25/2022 | Overweight → Equal-Weight | Stephens & Co. | |
| 10/7/2021 | $45.00 → $47.00 | Strong Buy → Outperform | Raymond James |
| 7/28/2021 | $49.00 → $45.00 | Strong Buy | Raymond James |
Fourth Quarter 2024 Summary Net income of $33.9 million, or $0.35 per diluted share Return on average assets of 0.75% Average cost of deposits decreased 5 bps to 1.79%, end-of-period cost of deposits of 1.72% Non-maturity deposits increased $145.8 million to $12.35 billion, or 85.4% of total deposits Loans held for investment increased $4.6 million to $12.04 billion Total delinquency of 0.02% of loans held for investment, nonperforming assets to total assets of 0.16%, and net charge-offs to average loans of 0.01% Tangible book value per share(1) increased $0.16 from the prior quarter to $20.97 Tangible common equity ratio(1) increased to 11.92% Common equity tier
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, N.A. ("Pacific Premier Bank"), announced today that it will issue its fourth quarter 2024 financial results before the market opens on Thursday, January 23, 2025. Pacific Premier will also host a conference call at 9:00 a.m. PT / 12:00 p.m. ET that day to discuss its financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the Webcasts page of Pacific Premier's investor relations website, and an archived version of the webcast will be available in the same location shortly after the live call has ende
Third Quarter 2024 Summary Net income of $36.0 million, or $0.37 per diluted share Return on average assets of 0.79% Pre-provision net revenue ("PPNR")(1) to average assets of 1.06%, annualized Net interest margin of 3.16% Average cost of deposits of 1.84%, and spot cost of deposits of 1.80% Non-maturity deposits(1) to total deposits of 84.30% Non-interest bearing deposits totaled 32.0% of total deposits Total delinquency of 0.08% of loans held for investment Nonperforming assets to total assets of 0.22% Tangible book value per share(1) increased $0.23 from the prior quarter to $20.81 Common equity tier 1 capital ratio of 16.83%, and total risk-based capital ratio of 2
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) (the "Company" or "Pacific Premier"), the holding company of Pacific Premier Bank, National Association (the "Bank" or "Pacific Premier Bank"), announced today that the Company was named as one of the 100 Best Banks in America on the 2025 Forbes' list of "America's Best Banks." The list by Forbes evaluates the 200 largest publicly-traded banks and thrifts by assets based on eleven metrics measuring growth, capital, asset quality, and profitability measures for the twelve months ended September 30, 2024, as well as stock performance in the 12 months ended January 10, 2025. Additionally, Pacific Premier was ranked in the top ten on the annual Forbes
Fourth Quarter 2024 Summary Net income of $33.9 million, or $0.35 per diluted share Return on average assets of 0.75% Average cost of deposits decreased 5 bps to 1.79%, end-of-period cost of deposits of 1.72% Non-maturity deposits increased $145.8 million to $12.35 billion, or 85.4% of total deposits Loans held for investment increased $4.6 million to $12.04 billion Total delinquency of 0.02% of loans held for investment, nonperforming assets to total assets of 0.16%, and net charge-offs to average loans of 0.01% Tangible book value per share(1) increased $0.16 from the prior quarter to $20.97 Tangible common equity ratio(1) increased to 11.92% Common equity tier
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, N.A. ("Pacific Premier Bank"), announced today that it will issue its fourth quarter 2024 financial results before the market opens on Thursday, January 23, 2025. Pacific Premier will also host a conference call at 9:00 a.m. PT / 12:00 p.m. ET that day to discuss its financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the Webcasts page of Pacific Premier's investor relations website, and an archived version of the webcast will be available in the same location shortly after the live call has ende
4 - PACIFIC PREMIER BANCORP INC (0001028918) (Issuer)
4 - PACIFIC PREMIER BANCORP INC (0001028918) (Issuer)
4 - PACIFIC PREMIER BANCORP INC (0001028918) (Issuer)
4 - PACIFIC PREMIER BANCORP INC (0001028918) (Issuer)
4 - PACIFIC PREMIER BANCORP INC (0001028918) (Issuer)
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 today the appointment of Stephanie Hsieh as a director of both Pacific Premier and the Bank, effective as of July 29, 2022. "We are excited to add Stephanie to our Board of Directors," said Steve Gardner, Chairman, Chief Executive Officer and President of Pacific Premier. "Stephanie brings nearly 30 years of experience in the highly-regulated biopharmaceutical and biotechnology industries. Her impressive skillset includes executive management, enterprise risk management, corporate strategy, legal and regulatory
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 today the appointment of Rose McKinney-James as a director of both Pacific Premier and the Bank, effective as of March 28, 2022. In addition, Pacific Premier announced today the issuance of the Company's inaugural Corporate Social Responsibility Report. Director Appointment "We are excited to add Rose to our Board of Directors," said Steve Gardner, Chairman, Chief Executive Officer, and President of Pacific Premier. "She brings more than two decades of experience as a public company director and has significa
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) today announced the appointment of George M. Pereira as a director of both Pacific Premier Bancorp, Inc. (the "Company") and Pacific Premier Bank (the "Bank"), the Company's wholly-owned bank subsidiary, effective August 16, 2021. Mr. Pereira's leadership in the financial services industry spans over 30 years. He is a retired Chief Operating Officer and Chief Financial Officer of Charles Schwab Investment Management Inc., a provider of portfolio management, advisory and administrative services to the Schwab mutual and exchange traded funds. Mr. Pereira has accepted appointments to serve on the Audit and Enterprise Risk Committees of the Company'
10-K - PACIFIC PREMIER BANCORP INC (0001028918) (Filer)
8-K - PACIFIC PREMIER BANCORP INC (0001028918) (Filer)
8-K - PACIFIC PREMIER BANCORP INC (0001028918) (Filer)
SC 13G - PACIFIC PREMIER BANCORP INC (0001028918) (Subject)
SC 13G - PACIFIC PREMIER BANCORP INC (0001028918) (Subject)
SC 13G/A - PACIFIC PREMIER BANCORP INC (0001028918) (Subject)
Raymond James downgraded Pacific Premier from Strong Buy to Outperform and set a new price target of $29.00 from $26.00 previously
Raymond James upgraded Pacific Premier from Outperform to Strong Buy and set a new price target of $35.00 from $41.00 previously
Stephens downgraded Pacific Premier from Overweight to Equal-Weight and set a new price target of $45.00 from $50.00 previously