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Last update at 2025-02-20T19:16:00Z
Pacific Premier Named as One of the Best Banks in America by Forbes
Thu 06 Feb 25, 10:00 PMPacific Premier Bancorp (NASDAQ:PPBI) Is Paying Out A Dividend Of $0.33
Sun 26 Jan 25, 01:09 PMPacific Premier Bancorp Full Year 2024 Earnings: EPS Beats Expectations
Fri 24 Jan 25, 12:03 PMQ4 2024 Pacific Premier Bancorp Inc Earnings Call
Fri 24 Jan 25, 07:30 AMCompared to Estimates, Pacific Premier Bancorp (PPBI) Q4 Earnings: A Look at Key Metrics
Thu 23 Jan 25, 02:30 PMPacific Premier Bancorp (PPBI) Surpasses Q4 Earnings and Revenue Estimates
Thu 23 Jan 25, 12:10 PMPacific Premier Bancorp: Q4 Earnings Snapshot
Thu 23 Jan 25, 11:14 AMNorthfield Bancorp (NFBK) Q4 Earnings and Revenues Top Estimates
Thu 23 Jan 25, 12:35 AMBreakdown | 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 |
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 |
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.
17901 Von Karman Avenue, Irvine, CA, United States, 92614
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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