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Pacific Premier Bancorp Inc

Financial Services US PPBI

24.6883USD
-0.3317(1.33%)

Last update at 2025-02-20T19:16:00Z

Day Range

24.5025.20
LowHigh

52 Week Range

17.0729.29
LowHigh

Fundamentals

  • Previous Close 25.02
  • Market Cap2104.14M
  • Volume199308
  • P/E Ratio155.86
  • Dividend Yield5.96%
  • Revenue TTM420.47M
  • Revenue Per Share TTM4.46
  • Gross Profit TTM 781.03M
  • Diluted EPS TTM0.14

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 384.36M 460.82M 72.60M 217.75M 165.58M
Minority interest - - - - -
Net income 283.74M 339.89M 60.35M 159.72M 123.34M
Selling general administrative 231.02M 220.96M 184.02M 139.95M 132.89M
Selling and marketing expenses 7.63M 6.92M 5.89M 6.40M 6.15M
Gross profit 762.60M 750.10M 622.30M 463.19M 410.45M
Reconciled depreciation 13.98M 15.94M 30.42M 27.06M 21.37M
Ebit 455.82M 460.82M 72.60M 217.75M 229.06M
Ebitda 469.81M 476.76M 89.67M 235.00M 242.66M
Depreciation and amortization 13.98M 15.94M 17.07M 17.25M 13.59M
Non operating income net other - - - - -
Operating income 455.82M 460.82M 72.60M 217.75M 221.29M
Other operating expenses 7.63M 289.28M 549.70M 245.44M 189.16M
Interest expense 71.47M 34.37M 56.52M 78.81M 55.71M
Tax provision 100.61M 120.93M 12.25M 58.03M 42.24M
Interest income 768.58M 696.74M 630.73M 526.11M 448.42M
Net interest income 697.11M 662.37M 574.21M 447.30M 392.71M
Extraordinary items - - - - 1.44M
Non recurring - - - - -
Other items - - - - -
Income tax expense 100.61M 120.93M 12.25M 58.03M 42.24M
Total revenue 762.60M 750.10M 622.30M 463.19M 410.45M
Total operating expenses 7.63M -289.27800M -549.70400M -245.43900M -189.16000M
Cost of revenue - - - - 63.97M
Total other income expense net -71.46600M -34.36500M -56.51500M -78.80600M -55.71200M
Discontinued operations - - - - -
Net income from continuing ops 283.74M 339.89M 60.35M 159.72M 123.34M
Net income applicable to common shares 283.74M 339.89M 60.35M 158.07M 123.34M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 19059.39M 21688.02M 21094.43M 19736.54M 11776.01M
Intangible assets 43.28M 55.59M 69.57M 85.51M 83.31M
Earning assets - - - - 1696.77M
Other current assets 1006.23M 76.43M 10749.59M 9829.44M 7681.77M
Total liab 16176.81M 18889.63M 888.57M 532.51M 733.54M
Total stockholder equity 2882.58M 2798.39M 2886.31M 2746.65M 2012.59M
Deferred long term liab - - - - -
Other current liab 4949.12M 17352.40M 3.87M -108.00000M 9548.27M
Common stock 0.94M 0.93M 0.93M 0.93M 0.59M
Capital stock 0.94M 0.93M 0.93M 0.93M 0.59M
Retained earnings 604.14M 700.04M 541.95M 330.56M 396.05M
Other liab - 41.52M 23.70M 17.93M 33.57M
Good will 901.31M 901.31M 901.31M 898.57M 808.32M
Other assets - 12899.68M 10749.59M 9829.44M 7681.77M
Cash 937.47M 1102.98M 306.92M 883.61M 329.56M
Cash and equivalents - - - - -
Total current liabilities 5428.30M 183.60M 17319.55M 89.06M 9548.27M
Current deferred revenue - 183.60M - - -
Net debt 41.49M 228.22M 581.65M -351.10000M 402.61M
Short term debt 479.18M - - 108.00M -
Short long term debt - - - - -
Short long term debt total 978.96M 1331.20M 888.57M 532.51M 732.17M
Other stockholder equity 2377.13M 2362.66M 2351.29M 2354.87M 1594.43M
Property plant equipment - 64.54M 71.91M 78.88M 102.18M
Total current assets 1006.23M 3777.78M 4646.51M 4889.30M 1737.38M
Long term investments 2869.61M 3989.12M 4655.54M 3955.45M 1406.22M
Net tangible assets - 1841.49M 1915.43M 1762.57M 1120.96M
Short term investments 1140.07M 2601.01M 4273.86M 3931.11M 1368.38M
Net receivables 68.52M 73.78M 65.73M 74.57M 39.44M
Long term debt 931.84M 1331.20M 888.57M 501.51M 732.17M
Inventory 867.96M - - - 0.44M
Accounts payable - 206.02M 17115.59M 243.21M 8898.51M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -99.62500M -265.24700M -7.86200M 60.29M 21.52M
Additional paid in capital - - - - -
Common stock total equity - 0.93M 0.93M 0.93M 0.59M
Preferred stock total equity - - - - -
Retained earnings total equity - 700.04M 541.95M 330.56M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 15879.28M -183.60200M -87.34400M -89.05600M -1.37100M
Deferred long term asset charges - - - - -
Non current assets total 18053.16M 5010.56M 5698.33M 5017.81M 2356.86M
Capital lease obligations - - - - -
Long term debt total - 331.20M 330.57M 501.51M 215.15M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -499.71200M -829.23400M -633.34200M -98.25100M -511.36100M
Change to liabilities 6.51M -29.03800M -9.45500M 0.00000M 1.39M
Total cashflows from investing activities -160.09300M -2007.69700M 570.48M -98.25100M -239.69000M
Net borrowings -358.00000M 355.34M -548.64100M -46.68000M -108.06400M
Total cash from financing activities 545.61M 1111.42M -228.86500M 39.01M -52.75600M
Change to operating activities 6.51M -29.03800M -9.45500M -6.26500M 14.16M
Net income 283.74M 339.89M 60.35M 159.72M 123.34M
Change in cash 796.55M -576.06300M 553.92M 123.44M 6.24M
Begin period cash flow 304.70M 880.77M 326.85M 203.41M 197.16M
End period cash flow 1101.25M 304.70M 880.77M 326.85M 203.41M
Total cash from operating activities 411.03M 320.21M 212.30M 182.69M 298.69M
Issuance of capital stock - - - - -
Depreciation 28.73M 31.91M 30.42M 27.06M 21.37M
Other cashflows from investing activities 347.10M -148.25300M 1215.23M 2.71M 281.97M
Dividends paid 125.16M 121.89M 79.90M 53.87M 53.87M
Change to inventory - - - - -
Change to account receivables 74.53M 59.23M 20.61M 5.35M -4.90100M
Sale purchase of stock -8.91800M -24.45100M -1.65300M -103.28500M -1.66900M
Other cashflows from financing activities 678.81M 1450.41M -142.31100M 250.22M -40.58700M
Change to netincome 38.57M -81.78300M 154.00M -3.16900M 150.90M
Capital expenditures 7.48M 9.29M 11.41M 18.83M 10.29M
Change receivables 74.53M 59.23M 20.61M - -4.90100M
Cash flows other operating -12.36800M -25.90600M -19.30800M - 118.81M
Exchange rate changes - - - - -
Cash and cash equivalents changes 796.55M -576.06300M 553.92M - 6.24M
Change in working capital 81.04M 30.20M 11.15M -0.91900M -3.51300M
Stock based compensation 18.93M 13.26M 10.86M 10.53M 9.03M
Other non cash items -7.31400M -123.85400M 142.13M -21.19300M 139.19M
Free cash flow 403.56M 310.93M 200.89M 163.86M 288.39M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
PPBI
Pacific Premier Bancorp Inc
-0.3317 1.33% 24.69 155.86 10.00 4.79 0.73
HDB
HDFC Bank Limited ADR
-1.345 2.21% 59.41 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.48 1.68% 29.00 6.61 5.68 0.48 0.77 3.43
CIHHF
China Merchants Bank Co Ltd Class H
- -% 4.87 6.10 5.67 0.44 0.77 3.43
IBN
ICICI Bank Limited
-0.34 1.18% 28.55 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, 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, and small business administration (SBA); revolving lines of credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and small balance personal unsecured loans and savings account secured loans. It also offers cash management, online and mobile banking, and treasury management services, as well as payment processing, remote capture, and automated clearing house payment capabilities. In addition, it operates as a custodian for alternative assets held in qualified self-directed IRA accounts, including investments in private equity, real estate, notes, cash, and other non-exchange traded assets; and provides real-property and non-real property escrow services. The company serves small and middle-market businesses, corporations, professionals, real estate investors, non-profit organizations, and consumers. The company was founded in 1983 and is headquartered in Irvine, California.

Pacific Premier Bancorp Inc

17901 Von Karman Avenue, Irvine, CA, United States, 92614

Key Executives

Name Title Year Born
Mr. Steven R. Gardner Chairman, Pres & CEO 1961
Mr. Ronald J. Nicolas Jr. Sr. EVP & CFO 1959
Mr. Matthew J. Lazzaro Sr. VP & Director of Investor Relations NA
Mr. Mark D. Whalen Chief Lending Officer & Sr. VP NA
Ms. Lori R. Wright CPA Exec. VP & Deputy CFO 1980
Mr. Richard J. Immesberger Sr. EVP & Pres of Pacific Premier Trust 1966
Mr. John Mangold First VP and Treasurer 1976
Mr. Steven R. Arnold Corp. Sec. 1971
Mr. Jorge L. Díaz-Irizarry VP of Seal Beach Branch and Branch Mang. of Seal Beach Branch 1955
Ms. Katherine Hage VP and Branch Mang. of San Bernardino Banking Branch NA

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