Financial Services - Banks - Regional - NASDAQ - US
$ 27.75
0.325 %
$ 2.68 B
Market Cap
-213.46
P/E
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. 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 (SBA), and SBA paycheck protection program loans; revolving lines or credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and savings account secured loans and auto loans.[ Read More ]
The intrinsic value of one PPBI stock under the base case scenario is HIDDEN Compared to the current market price of 27.8 USD, Pacific Premier Bancorp, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart PPBI
FINANCIALS
409 M
REVENUE
34 M
OPERATING INCOME
28.8 M
NET INCOME
250 M
OPERATING CASH FLOW
2.47 B
INVESTING CASH FLOW
-2.89 B
FINANCING CASH FLOW
137 M
REVENUE
0
OPERATING INCOME
36 M
NET INCOME
62.4 M
OPERATING CASH FLOW
458 M
INVESTING CASH FLOW
-438 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Pacific Premier Bancorp, Inc.
| Current Assets | 1.01 B |
| Cash & Short-Term Investments | 936 M |
| Receivables | 0 |
| Other Current Assets | 69.8 M |
| Non-Current Assets | 19.9 B |
| Long-Term Investments | 2.87 B |
| PP&E | 98.2 M |
| Other Non-Current Assets | 17 B |
| Current Liabilities | 5.43 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 5.43 B |
| Non-Current Liabilities | 16.1 B |
| Long-Term Debt | 960 M |
| Other Non-Current Liabilities | 15.2 B |
EFFICIENCY
Earnings Waterfall
Pacific Premier Bancorp, Inc.
| Revenue | 409 M |
| Cost Of Revenue | 0 |
| Gross Profit | 409 M |
| Operating Expenses | 7.08 M |
| Operating Income | 34 M |
| Other Expenses | 5.25 M |
| Net Income | 28.8 M |
RATIOS
100.00%
GROSS MARGIN
8.31%
OPERATING MARGIN
7.54%
NET MARGIN
1.07%
ROE
0.16%
ROA
0.81%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Pacific Premier Bancorp, Inc.
| Net Income | 28.8 M |
| Depreciation & Amortization | 26.1 M |
| Capital Expenditures | -6.61 M |
| Stock-Based Compensation | 19.4 M |
| Change in Working Capital | -79.5 M |
| Others | 173 M |
| Free Cash Flow | 244 M |
Wall Street Analysts Price Targets
Pacific Premier Bancorp, Inc.
Wall Street analysts predict an average 1-year price target for PPBI of $31 , with forecasts ranging from a low of $26 to a high of $41 .
PPBI Lowest Price Target
Wall Street Target
26 USD
-6.31%
PPBI Average Price Target
Wall Street Target
31 USD
11.71%
PPBI Highest Price Target
Wall Street Target
41 USD
47.75%
4. DIVIDEND ANALYSIS
1.34%
DIVIDEND YIELD
0.33 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Pacific Premier Bancorp, Inc.
Sold
0-3 MONTHS
1.25 M USD 3
3-6 MONTHS
110 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
1.64 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
29.7 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 07, 2024
|
Sell 259 K USD
|
Ohlhaver Margaret S.
Sr.EVP, Chf Human Res. Officer |
- 9273
|
27.958 USD |
|
2 months ago
Sep 09, 2024
|
Sell 266 K USD
|
JONES JEFF C
Director |
- 11251
|
23.62 USD |
|
2 months ago
Sep 09, 2024
|
Sell 721 K USD
|
WILCOX EDWARD EARL
President & COO |
- 30499
|
23.63 USD |
|
6 months ago
May 15, 2024
|
Sell 110 K USD
|
Wright Lori R
Sr. EVP, Deputy CFO |
- 4668
|
23.593 USD |
|
6 months ago
May 13, 2024
|
Bought 1 K USD
|
Wendoll Tamara
Pres. of Pacific Premier Trust |
+ 43.234
|
23.135 USD |
|
7 months ago
Mar 21, 2024
|
Bought 28.7 K USD
|
POLSKY BARBARA
Director |
+ 1200
|
23.92 USD |
|
10 months ago
Dec 19, 2023
|
Sell 400 K USD
|
Karr Michael S
SEVP & Chief Risk Officer |
- 13630
|
29.35 USD |
|
11 months ago
Dec 14, 2023
|
Sell 385 K USD
|
Wright Lori R
Sr. EVP, Deputy CFO |
- 13000
|
29.62 USD |
|
11 months ago
Nov 30, 2023
|
Sell 343 K USD
|
RICE TOM
SEVP/ Chief Innovation Officer |
- 15168
|
22.61 USD |
|
11 months ago
Nov 29, 2023
|
Sell 374 K USD
|
WILCOX EDWARD EARL
President & COO |
- 16415
|
22.77 USD |
|
11 months ago
Nov 22, 2023
|
Sell 139 K USD
|
JONES JEFF C
Director |
- 6000
|
23.11 USD |
|
1 year ago
Nov 01, 2023
|
Sell 140 K USD
|
GARRETT JOSEPH L
Director |
- 7500
|
18.7 USD |
|
1 year ago
May 23, 2023
|
Sell 264 K USD
|
Karr Michael S
SEVP & Chief Risk Officer |
- 12848
|
20.53 USD |
|
1 year ago
May 10, 2023
|
Sell 29.6 K USD
|
Scott Sherri V.
Sr.EVP,Dir ESG & Corp Respons. |
- 1600
|
18.51 USD |
|
1 year ago
Mar 06, 2023
|
Sell 18.8 K USD
|
Scott Sherri V.
Sr.EVP,Dir ESG & Corp Respons. |
- 600
|
31.35 USD |
|
1 year ago
Feb 10, 2023
|
Sell 634 K USD
|
WILCOX EDWARD EARL
President & COO |
- 19000
|
33.38 USD |
|
1 year ago
Dec 19, 2022
|
Sell 3.24 M USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 102638
|
31.56 USD |
|
2 years ago
Nov 16, 2022
|
Sell 271 K USD
|
GARRETT JOSEPH L
Director |
- 7500
|
36.12 USD |
|
2 years ago
May 10, 2022
|
Sell 78 K USD
|
GARRETT JOSEPH L
director: |
- 2500
|
31.21 USD |
|
3 years ago
Nov 09, 2021
|
Sell 34.4 K USD
|
GARRETT JOSEPH L
Director |
- 780
|
44.1 USD |
|
3 years ago
Nov 02, 2021
|
Sell 273 K USD
|
JONES JEFF C
Director |
- 6248
|
43.75 USD |
|
3 years ago
Oct 27, 2021
|
Sell 63.9 K USD
|
GARRETT JOSEPH L
Director |
- 1490
|
42.89 USD |
|
3 years ago
Jun 09, 2021
|
Bought 196 K USD
|
STUDENMUND JAYNIE M
Director |
+ 4200
|
46.59 USD |
|
3 years ago
Mar 18, 2021
|
Sell 487 K USD
|
WILCOX EDWARD EARL
President & COO |
- 10434
|
46.64 USD |
|
3 years ago
Mar 18, 2021
|
Sell 257 K USD
|
Nicolas Ronald J. Jr.
SEVP & CFO |
- 5500
|
46.64 USD |
|
3 years ago
Mar 15, 2021
|
Sell 1.14 M USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 25000
|
45.48 USD |
|
3 years ago
Mar 03, 2021
|
Sell 132 K USD
|
Porcelli Christopher
EVP Head of Real Estate & SBA |
- 3141
|
41.95 USD |
|
3 years ago
Feb 19, 2021
|
Bought 19.2 K USD
|
GARRETT JOSEPH L
Director |
+ 500
|
38.44 USD |
|
3 years ago
Nov 19, 2020
|
Bought 3.92 K USD
|
GARRETT JOSEPH L
Director |
+ 134
|
29.28 USD |
|
3 years ago
Nov 19, 2020
|
Bought 1.93 K USD
|
GARRETT JOSEPH L
Director |
+ 66
|
29.19 USD |
|
4 years ago
Nov 10, 2020
|
Bought 15.1 K USD
|
GARRETT JOSEPH L
Director |
+ 500
|
30.14 USD |
|
4 years ago
Oct 29, 2020
|
Sell 354 K USD
|
Karr Michael S
SEVP & Chief Risk Officer |
- 13969
|
25.31 USD |
|
4 years ago
Oct 29, 2020
|
Sell 508 K USD
|
Karr Michael S
SEVP & Chief Risk Officer |
- 20000
|
25.41 USD |
|
4 years ago
Sep 04, 2020
|
Bought 11.3 K USD
|
GARRETT JOSEPH L
Director |
+ 500
|
22.68 USD |
|
4 years ago
Jun 12, 2020
|
Sell 208 K USD
|
Karr Michael S
SEVP & Chief Risk Officer |
- 10000
|
20.82 USD |
|
4 years ago
Jun 12, 2020
|
Bought 2.01 K USD
|
GARRETT JOSEPH L
Director |
+ 100
|
20.06 USD |
|
4 years ago
Mar 18, 2020
|
Bought 7.66 K USD
|
GARRETT JOSEPH L
Director |
+ 500
|
15.325 USD |
|
4 years ago
Dec 17, 2019
|
Sell 110 K USD
|
Porcelli Christopher
EVP Head of Real Estate & SBA |
- 3270
|
33.5 USD |
|
4 years ago
Dec 12, 2019
|
Sell 103 K USD
|
RICE TOM
SEVP/ Chief Innovation Officer |
- 3100
|
33.307 USD |
|
4 years ago
Dec 12, 2019
|
Sell 99.8 K USD
|
RICE TOM
SEVP/ Chief Innovation Officer |
- 3000
|
33.267 USD |
|
5 years ago
Nov 13, 2019
|
Sell 166 K USD
|
Hwang Ernest W
SEVP & Chief Banking Officer |
- 5000
|
33.185 USD |
|
4 years ago
Nov 21, 2019
|
Sell 582 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 18167
|
32.043 USD |
|
4 years ago
Nov 19, 2019
|
Sell 505 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 15444
|
32.694 USD |
|
4 years ago
Nov 20, 2019
|
Sell 219 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 6800
|
32.276 USD |
|
5 years ago
Nov 18, 2019
|
Sell 963 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 29574
|
32.562 USD |
|
5 years ago
Nov 14, 2019
|
Sell 430 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 13000
|
33.047 USD |
|
5 years ago
Nov 13, 2019
|
Sell 396 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 11900
|
33.256 USD |
|
5 years ago
Nov 15, 2019
|
Sell 794 K USD
|
GARDNER STEVEN R
Chairman, President & CEO |
- 24000
|
33.1 USD |
|
5 years ago
Nov 12, 2019
|
Sell 129 K USD
|
RICE TOM
SEVP/ Chief Innovation Officer |
- 3829
|
33.797 USD |
|
5 years ago
Nov 11, 2019
|
Sell 473 K USD
|
WILCOX EDWARD EARL
President & COO |
- 13969
|
33.848 USD |
|
5 years ago
Aug 06, 2019
|
Bought 28.8 K USD
|
GARRETT JOSEPH L
Director |
+ 1000
|
28.78 USD |
7. News
Pacific Premier Bancorp, Inc. Director Rose McKinney-James Honored With the 2024 Clean Energy Education & Empowerment Lifetime Achievement Award by the U.S. Department of Energy
IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Director Rose McKinney-James Honored With the 2024 Clean Energy Education & Empowerment Lifetime Achievement Award.
businesswire.com
- 2 weeks ago
Pacific Premier Bancorp: Credit Risk Under Control And A TBV At A Discount
PPBI's high CRE loan exposure is risky, but strong capital ratios and improving credit quality make it a buy. Despite a -10.51% YTD return, PPBI's resilience and potential for loan growth justify an upgraded rating. The bank's deposit base remains strong, and low deposit costs could improve net interest margin as rates decline.
seekingalpha.com
- 2 weeks ago
Pacific Premier Bancorp, Inc. (PPBI) Q3 2024 Earnings Call Transcript
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI ) Q3 2024 Earnings Call Transcript October 24, 2024 12:00 PM ET Company Participants Steve Gardner - Chairman & Chief Executive Officer Ron Nicolas - Chief Financial Officer Conference Call Participants David Feaster - Raymond James Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Chris McGratty - KBW Operator Good day, and welcome to the Pacific Premier Bancorp Third Quarter 2024 Conference Call.
seekingalpha.com
- 3 weeks ago
Pacific Premier Bancorp (PPBI) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Pacific Premier Bancorp (PPBI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 weeks ago
Pacific Premier Bancorp (PPBI) Lags Q3 Earnings and Revenue Estimates
Pacific Premier Bancorp (PPBI) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.48 per share a year ago.
zacks.com
- 3 weeks ago
Pacific Premier Bancorp, Inc. Announces Third Quarter 2024 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 2024 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share.
businesswire.com
- 3 weeks ago
Pacific Premier Bank Partners with ForgiveCo to Help Relieve $1 Million in Medical Debt for Veterans
IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bank Partners with ForgiveCo to Help Relieve $1 Million in Medical Debt for Veterans.
businesswire.com
- 3 weeks ago
Analysts Estimate Pacific Premier Bancorp (PPBI) to Report a Decline in Earnings: What to Look Out for
Pacific Premier Bancorp (PPBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Pacific Premier Bancorp, Inc. to Announce Third Quarter 2024 Financial Results on October 24, 2024
IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce Third Quarter 2024 Financial Results on October 24, 2024.
businesswire.com
- 1 month ago
Pacific Premier Bancorp, Inc. (PPBI) Q2 2024 Earnings Call Transcript
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI ) Q2 2024 Earnings Conference Call July 24, 2024 12:00 PM ET Company Participants Steve Gardner - Chairman and CEO Ron Nicolas - CFO Conference Call Participants David Feaster - Raymond James Matthew Clark - Piper Sandler Chris McGratty - KBW Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Operator Good day, and welcome to the Pacific Premier Bancorp 2024 Second Quarter Conference Call.
seekingalpha.com
- 3 months ago
Compared to Estimates, Pacific Premier Bancorp (PPBI) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Pacific Premier Bancorp (PPBI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 months ago
Pacific Premier Bancorp (PPBI) Q2 Earnings and Revenues Lag Estimates
Pacific Premier Bancorp (PPBI) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.60 per share a year ago.
zacks.com
- 3 months ago
8. Profile Summary
Pacific Premier Bancorp, Inc. PPBI
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.68 B
Dividend Yield
1.34%
Description
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. 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 (SBA), and SBA paycheck protection program loans; revolving lines or credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and savings account secured loans and auto loans. The company also offers cash management, electronic banking, treasury management, and online bill payment services. It operates 61 full-service depository branches located in Arizona, California, Nevada, Oregon, and Washington. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California.
Contact
17901 Von Karman Avenue, Irvine, CA, 92614
https://www.ppbi.com
IPO Date
June 25, 1997
Employees
1345
Officers
Ms. Lori R. Wright CPA
Senior EVice President & Deputy Chief Financial Officer
Mr. Matthew J. Lazzaro
Senior Vice President & Director of Investor Relations
Mr. Steven R. Gardner
Chairman, President & Chief Executive Officer
Mr. Ronald J. Nicolas Jr.
Senior EVice President & Chief Financial Officer
Mr. Mark D. Whalen
Chief Lending Officer & Senior Vice President
Ms. Tamara Beth Wendoll M.B.A.
Senior EVice President and President of Pacific Premier Trust