Welcome to our dedicated page for Pacific Premier Bancorp news (Ticker: PPBI), a resource for investors and traders seeking the latest updates and insights on Pacific Premier Bancorp stock.
Pacific Premier Bancorp (PPBI) provides comprehensive financial services to businesses and consumers across Southern California. This news hub offers investors and stakeholders centralized access to official updates from this NASDAQ-listed regional bank.
Track PPBI's latest earnings announcements, regulatory filings, and strategic developments including mergers, leadership changes, and product innovations. Our curated collection features press releases on commercial lending activity, deposit service expansions, and community initiatives that reflect the bank's commitment to relationship-driven banking.
Key updates include quarterly financial results, dividend declarations, and operational milestones in cash management solutions. Bookmark this page for real-time access to filings with financial regulators and substantive corporate announcements affecting PPBI's market position.
Pacific Premier Bancorp reported a fourth quarter 2022 net income of $73.7 million, or $0.77 per diluted share, slightly up from $73.4 million in Q3 2022 but down from $84.8 million in Q4 2021. Key metrics include a return on average assets of 1.36% and a total risk-based capital ratio of 15.53%. The company saw a modest cost of deposits at 0.58% and a loan-to-deposit ratio of 84.6%. However, total assets rose to $21.69 billion from $21.62 billion in the previous quarter. The tangible book value per share increased by 3.7% to $19.38. Looking forward, the firm aims to expand its product offerings amidst uncertain economic conditions.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) will release its fourth quarter 2022 financial results on January 26, 2023, before the market opens. A conference call is scheduled for 9:00 a.m. PT / 12:00 p.m. ET, allowing analysts and investors to participate in a Q&A session. The call will be accessible via a live webcast and will be available for replay shortly after. The bank, headquartered in California, has approximately $22 billion in total assets and offers a range of banking services to small and corporate businesses across the western U.S.
Pacific Premier Bancorp (NASDAQ: PPBI) reported net income of $73.4 million, or $0.77 per diluted share for Q3 2022, marking a 5.7% increase from the previous quarter's $69.8 million net income. The company’s return on average assets (ROAA) stood at 1.35%, while the net interest margin rose to 3.61%. Total assets were $21.62 billion, down from $21.99 billion in Q2 2022. However, loan production declined due to rising interest rates impacting commercial real estate activity. The company declared a dividend of $0.33 per share, consistent with previous quarters.
Pacific Premier Bancorp (NASDAQ: PPBI) will release its third quarter 2022 financial results on October 20, 2022, before market opening. A conference call will follow at 9:00 a.m. PT to discuss the results, allowing analysts and investors to engage in a Q&A session. The call can be accessed via telephone or webcast, with replay options available until October 27, 2022. The bank, headquartered in California, is focused on serving small, middle-market, and corporate clients across the western U.S., boasting approximately $22 billion in assets.
Pacific Premier Bancorp (NASDAQ: PPBI) appointed Stephanie Hsieh to its Board of Directors effective July 29, 2022. With nearly 30 years of experience in the biopharmaceutical and biotechnology sectors, Hsieh's background includes executive management, enterprise risk management, and legal expertise. Her addition aims to enhance the Board's diversity and strengthen strategic planning. Hsieh is independent per NASDAQ guidelines and will serve on the Compensation and Enterprise Risk Committees.
Pacific Premier Bancorp reported a net income of $69.8 million, or $0.73 per diluted share for Q2 2022, up from $66.9 million in Q1 2022 but down from $96.3 million in Q2 2021. The company achieved a return on average assets of 1.29% and a return on average equity of 10.10%. Total assets rose to $21.99 billion. Loan growth was noteworthy at $356.3 million (or 9.7% annualized), with net interest income increasing by 6.8% to $172.8 million.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) has announced it will release its second quarter 2022 financial results on July 21, 2022, before market open. The company will host a conference call at 9:00 a.m. PT to discuss these results, offering analysts and investors a chance to engage in a Q&A session. The call will be available via webcast, with an archived version accessible shortly after completion. Pacific Premier is a leading commercial bank in the western US, managing over $21 billion in assets and providing a comprehensive range of banking services.
Pacific Premier Bancorp (NASDAQ: PPBI) reported a first quarter 2022 net income of $66.9 million, or $0.70 per diluted share, down from $84.8 million in Q4 2021. The return on average assets was 1.28%, a decrease from 1.63% in the previous quarter. Total assets rose to $21.62 billion. The company achieved 12.3% annualized loan growth, funded by a 13.4% increase in deposits. The net interest margin was 3.41%, declining from 3.53%. Nonperforming assets rose to 0.26% of total assets, compared to 0.15% in Q4 2021.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) announced it will release its first quarter 2022 financial results before the market opens on April 26, 2022. Following the release, a conference call will be held at 9:00 a.m. PT / 12:00 p.m. ET to discuss the results, with live webcasting available. The bank, a significant player in California and the western United States, has approximately $21 billion in total assets and offers various financial services.
