Pacific Premier Bancorp Inc
PPBI
ISIN US69478X1054 / Valor 1476844
Pacific Premier Bancorp Inc
UMushroom community rating:
About company
Pacific Premier Bancorp Inc is a financial holding company that operates through its subsidiary, Pacific Premier Bank. The company provides banking products and services to businesses, professionals, and individuals in Southern California and Nevada.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Net Income
For the second quarter of 2024, Pacific Premier Bancorp Inc. reported a net income of $41.9 million, or $0.43 per diluted share. This reflects the company's ongoing efforts to maintain profitability amidst varying market conditions.
Return on Average Assets
Pacific Premier Bancorp Inc. achieved a return on average assets of 0.90% in the second quarter of 2024. This metric is crucial as it indicates how efficiently the company is utilizing its assets to generate earnings.
Pre-Provision Net Revenue
In the second quarter of 2024, Pacific Premier Bancorp Inc. reported a pre-provision net revenue (PPNR) of $70.3 million. PPNR is a key indicator of the company's core earnings power before accounting for loan loss provisions.
Dividends
Pacific Premier Bancorp Inc. declared a quarterly cash dividend of $0.33 per share for the second quarter of 2024. This consistent dividend payout underscores the company's commitment to returning value to its shareholders.
Outlook
Looking ahead, Pacific Premier Bancorp Inc. remains cautiously optimistic about its financial performance for the remainder of 2024. The company continues to focus on strategic growth initiatives and maintaining strong asset quality.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2429 M
Market cap (USD)
116,292
Daily traded volume (Shares)
25.35 / 24.9
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
