Core Viewpoint - Columbia Banking System, Inc. is set to acquire Pacific Premier Bancorp, Inc. in an all-stock transaction, with all necessary regulatory approvals received, and the deal expected to close around August 31, 2025 [1][2][3] Company Overview Columbia Banking System, Inc. - Columbia Banking System, Inc. is headquartered in Tacoma, Washington, and is the parent company of Columbia Bank, which is the largest bank in the Northwest with over $50 billion in assets [4] - Columbia Bank offers a full suite of services including retail and commercial banking, SBA lending, and wealth management [4] Pacific Premier Bancorp, Inc. - Pacific Premier Bancorp, Inc. is based in California and operates Pacific Premier Bank, which has approximately $18 billion in total assets [5] - The bank focuses on serving small to middle-market businesses and offers a variety of banking products and services, including digital banking and treasury management [5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 17901 Von Karman Avenue, Suite 1200, Irvine, California 92614 (Address of principal executive offices and zip code) (949) 864-8000 1934 For the transition period from _______ to _______ Commission ...

Core Insights - Pacific Premier Bancorp (PPBI) reported a revenue of $144.32 million for the quarter ended June 2025, reflecting a year-over-year decline of 6.7% and a surprise of -0.88% compared to the Zacks Consensus Estimate of $145.6 million [1] - The earnings per share (EPS) for the same period was $0.39, down from $0.43 a year ago, but exceeded the consensus EPS estimate of $0.34 by 14.71% [1] Financial Performance Metrics - The efficiency ratio was reported at 65.3%, better than the average estimate of 68% by two analysts [4] - The net interest margin stood at 3.1%, matching the average estimate of 3.1% [4] - Total noninterest income was $17.57 million, below the estimated $20.45 million by two analysts [4] - Net interest income before provision for loan losses was $126.76 million, slightly above the estimated $125.6 million [4] Stock Performance - Shares of Pacific Premier Bancorp have returned +6% over the past month, outperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Viewpoint - Pacific Premier Bancorp (PPBI) reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, but down from $0.43 per share a year ago [1][2] Group 1: Earnings Performance - The quarterly earnings surprise was +14.71%, with the company previously expected to post earnings of $0.30 per share but actually delivering $0.37, resulting in a surprise of +23.33% [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Group 2: Revenue Performance - Pacific Premier Bancorp reported revenues of $144.32 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.88%, compared to $154.62 million in the same quarter last year [3] - The company has topped consensus revenue estimates two times over the last four quarters [3] Group 3: Stock Performance and Outlook - The stock has lost about 11.1% since the beginning of the year, while the S&P 500 has gained 8.1% [4] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes [5] - The current consensus EPS estimate for the coming quarter is $0.36 on revenues of $149.37 million, and $1.43 on revenues of $590.6 million for the current fiscal year [8] Group 4: Industry Context - The Financial - Savings and Loan industry, to which Pacific Premier Bancorp belongs, is currently in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [6][7]

[Financial Results and Corporate Highlights](index=1&type=section&id=Financial%20Results%20and%20Corporate%20Highlights) This section summarizes Pacific Premier Bancorp's Q2 2025 financial performance, highlighting a decline in net income and profitability ratios, alongside strategic merger progress and improved asset quality [Second Quarter 2025 Summary](index=1&type=section&id=Second%20Quarter%202025%20Summary) Pacific Premier Bancorp reported a net income of $32.1 million, or $0.33 per diluted share, for the second quarter of 2025, representing a decline from prior periods, with key profitability metrics also decreasing Q2 2025 Key Financial Results | Metric | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Net Income | $32.1 million | $36.0 million | $41.9 million | | Diluted EPS | $0.33 | $0.37 | $0.43 | Q2 2025 Performance Ratios and Total Assets | Metric | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | ROAA | 0.71% | 0.80% | 0.90% | | ROAE | 4.33% | 4.87% | 5.76% | | ROATCE | 6.66% | 7.48% | 8.92% | | Total Assets | $17.78 billion | $18.09 billion | $18.33 billion | - The company announced a quarterly cash dividend of **$0.33** per share[1](index=1&type=chunk) [CEO Commentary and Outlook](index=1&type=section&id=CEO%20Commentary%20and%20Outlook) The CEO characterized the quarter's results as solid, emphasizing a prudent management approach while progressing towards the merger with Columbia Banking System - The company is focused on consummating its pending merger with Columbia Banking System, Inc. ("Columbia"), which is tracking ahead of plan and expected to close as soon as September 1, 2025, pending regulatory approvals[3](index=3&type=chunk)[9](index=9&type=chunk) - Net interest margin expanded by **6 basis points** to **3.12%**, driven by a **5 basis point** reduction in average deposit costs to **1.60%**[4](index=4&type=chunk) - Asset quality trends remained strong, with nonperforming loans decreasing to **$26.3 million** and net recoveries of **$349,000**[5](index=5&type=chunk) - New loan commitments nearly doubled from the first quarter's levels to **$578.5 million**[6](index=6&type=chunk) - The company redeemed **$150 million** of higher-cost subordinated debt during the quarter and plans to redeem another **$125 million** in August, effectively eliminating remaining wholesale funding before the merger[6](index=6&type=chunk)[8](index=8&type=chunk) [Income Statement Analysis](index=4&type=section&id=Income%20Statement%20Analysis) This section details the components of the income statement, including net interest income expansion due to lower funding costs, a credit loss provision reversal, and noninterest income and expense fluctuations [Net Interest Income and Net Interest Margin](index=4&type=section&id=Net%20Interest%20Income%20and%20Net%20Interest%20Margin) Net interest income for Q2 2025 was $126.8 million, a 2.7% increase from the previous quarter, primarily due to lower cost of funds, expanding the net interest margin to 3.12% Net Interest Income and Margin Performance | Metric | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Net Interest Income | $126.8M | $123.4M | $136.4M | | Net Interest Margin | 3.12% | 3.06% | 3.26% | - The quarter-over-quarter increase in net interest income was mainly due to lower cost of funds and reduced average interest-bearing liabilities[12](index=12&type=chunk) - The year-over-year decrease was attributable to lower average interest-earning asset balances and yields[14](index=14&type=chunk) [Provision for Credit Losses](index=5&type=section&id=Provision%20for%20Credit%20Losses) The company recorded a $2.1 million provision reversal for credit losses in Q2 2025, primarily driven by a decrease in loan balances and shifts in the loan portfolio's composition Provision for Credit Losses (in thousands) | Component | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Provision for loan losses | $(4,653) | $(3,562) | $1,756 | | Provision for unfunded commitments | $2,569 | $(143) | $(505) | | **Total provision for credit losses** | **$(2,078)** | **$(3,718)** | **$1,265** | - The provision reversal was largely due to the decrease in loan balances and changes in loan composition, partially offset by increases related to higher unfunded commitments[18](index=18&type=chunk) [Noninterest Income](index=5&type=section&id=Noninterest%20Income) Noninterest income for Q2 2025 was $17.6 million, a significant decrease of $3.9 million from the prior quarter, primarily due to lower trust custodial fees, BOLI earnings, and a loss on debt redemption Noninterest Income (in thousands) | Category | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Trust custodial account fees | $8,815 | $10,307 | $8,950 | | Earnings on bank owned life insurance | $4,341 | $5,772 | $4,218 | | Other (loss) income | $(656) | $425 | $(167) | | **Total noninterest income** | **$17,565** | **$21,465** | **$18,222** | - The quarter-over-quarter decrease was mainly due to a **$1.5 million** drop in trust fees, a **$1.4 million** decrease in BOLI earnings, and a **$1.3 million** loss on debt extinguishment[20](index=20&type=chunk) [Noninterest Expense](index=6&type=section&id=Noninterest%20Expense) Noninterest expense totaled $104.4 million in Q2 2025, an increase of $4.1 million from Q1 2025, almost entirely due to $6.7 million in merger-related expenses Noninterest Expense (in thousands) | Category | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Compensation and benefits | $53,268 | $52,812 | $53,140 | | Merger-related expense | $6,712 | $— | $— | | Legal and professional services | $2,223 | $4,861 | $1,078 | | **Total noninterest expense** | **$104,376** | **$100,292** | **$97,567** | - The increase in noninterest expense was primarily driven by **$6.7 million** in merger-related expenses[23](index=23&type=chunk)[24](index=24&type=chunk) - Excluding merger-related expenses, noninterest expense decreased by **$2.6 million** compared to Q1 2025[23](index=23&type=chunk) [Income Tax](index=6&type=section&id=Income%20Tax) For the second quarter of 2025, income tax expense was $10.0 million, corresponding to an effective tax rate of 23.7%, lower than prior quarters Income Tax Expense and Effective Tax Rate | Metric | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Income Tax Expense | $10.0 million | $12.2 million | $13.9 million | | Effective Tax Rate | 23.7% | 25.4% | 24.9% | [Balance Sheet Analysis](index=7&type=section&id=Balance%20Sheet%20Analysis) This section provides an in-depth review of the balance sheet, focusing on loan portfolio composition, strong asset quality, investment securities, deposit trends, reduced borrowings, and robust capital ratios [Loans](index=7&type=section&id=Loans) Loans held for investment decreased by 1.0% quarter-over-quarter to $11.90 billion at the end of Q2 2025, despite robust new origination activity - Loans held for investment totaled **$11.90 billion** at June 30, 2025, a decrease of **1.0%** from March 31, 2025, and **4.7%** from June 30, 2024[27](index=27&type=chunk) - New loan commitments increased significantly to **$578.5 million** in Q2 2025, compared to **$319.3 million** in Q1 2025 and **$150.7 million** in Q2 2024[28](index=28&type=chunk) Loan Portfolio Composition (June 30, 2025) | Loan Category | Balance (in billions) | % of Total | | :--- | :--- | :--- | | Investor loans secured by real estate | $7.67 | 64.4% | | Business loans secured by real estate | $2.18 | 18.3% | | Commercial loans | $1.83 | 15.4% | | Retail loans | $0.23 | 1.9% | | **Total Loans Held for Investment** | **$11.90** | **100.0%** | [Allowance for Credit Losses and Asset Quality](index=9&type=section&id=Allowance%20for%20Credit%20Losses%20and%20Asset%20Quality) Asset quality remained strong and improved year-over-year, with the allowance for credit losses at 1.43% of loans, stable nonperforming assets, and net recoveries - The allowance for credit losses (ACL) on loans was **$170.7 million**, or **1.43%** of loans held for investment, down from **1.46%** at March 31, 2025[33](index=33&type=chunk)[36](index=36&type=chunk) - The company recorded net recoveries of **$349,000** in Q2 2025, compared to net charge-offs of **$10.3 million** in Q2 2024[34](index=34&type=chunk) Key Asset Quality Metrics | Metric | June 30, 2025 | March 31, 2025 | June 30, 2024 | | :--- | :--- | :--- | :--- | | Nonperforming assets to total assets | 0.15% | 0.15% | 0.28% | | Delinquency as a % of loans HFI | 0.02% | 0.02% | 0.14% | | Classified loans to total loans HFI | 0.75% | 0.74% | 1.47% | [Investment Securities](index=11&type=section&id=Investment%20Securities) Total investment securities decreased by $188.9 million during the quarter to $3.27 billion, primarily due to principal payments and redemptions, partially offset by new purchases Investment Securities Portfolio (in billions) | Date | AFS Securities | HTM Securities | Total Securities | | :--- | :--- | :--- | :--- | | June 30, 2025 | $1.58 | $1.69 | $3.27 | | March 31, 2025 | $1.76 | $1.70 | $3.46 | | June 30, 2024 | $1.32 | $1.71 | $3.03 | - The decrease in Q2 2025 was primarily due to principal payments, amortization, and redemptions totaling **$288.4 million**, partially offset by purchases of **$99.4 million**[43](index=43&type=chunk) [Deposits](index=12&type=section&id=Deposits) Total deposits decreased by 1.2% from the prior quarter to $14.50 billion, driven by declines in noninterest-bearing checking and brokered CDs, though the deposit mix remains strong with improved cost Deposit Balances (in billions) | Date | Total Deposits | Non-Maturity Deposits | Noninterest-Bearing Deposits | | :--- | :--- | :--- | :--- | | June 30, 2025 | $14.50 | $12.54 | $4.69 | | March 31, 2025 | $14.67 | $12.60 | $4.83 | | June 30, 2024 | $14.63 | $12.24 | $4.62 | - The weighted average cost of total deposits for Q2 2025 decreased to **1.60%** from **1.65%** in Q1 2025[49](index=49&type=chunk) - Non-maturity deposits constituted **86.5%** of total deposits, and noninterest-bearing deposits were **32.3%** of total deposits[48](index=48&type=chunk)[52](index=52&type=chunk) [Borrowings](index=13&type=section&id=Borrowings) Total borrowings were significantly reduced to $124.0 million at the end of Q2 2025, a decrease of $148.6 million, primarily due to the early redemption of subordinated notes - Total borrowings decreased by **$148.6 million** from March 31, 2025, to **$124.0 million** at June 30, 2025[53](index=53&type=chunk) - The decrease was due to the early redemption of **$150.0 million** in subordinated notes[53](index=53&type=chunk) - As of June 30, 2025, the company had **$9.15 billion** in unused borrowing capacity[54](index=54&type=chunk) [Capital Ratios](index=13&type=section&id=Capital%20Ratios) The company's capital position strengthened in Q2 2025, with the tangible common equity ratio increasing to 12.14% and robust Common Equity Tier 1 and total capital ratios Key Capital Ratios | Ratio | June 30, 2025 | March 31, 2025 | June 30, 2024 | | :--- | :--- | :--- | :--- | | Tangible common equity ratio | 12.14% | 11.87% | 11.41% | | Common equity tier 1 capital ratio | 17.00% | 16.99% | 15.89% | | Total capital ratio | 18.85% | 20.23% | 19.01% | | Tangible book value per share | $21.10 | $20.98 | $20.58 | - The company and bank exceeded all minimum regulatory capital requirements and the bank qualified as 'well capitalized'[57](index=57&type=chunk) - The Board of Directors declared a **$0.33** per share dividend, payable on August 15, 2025[59](index=59&type=chunk) [Financial Statements and Supplementary Data](index=17&type=section&id=Financial%20Statements%20and%20Supplementary%20Data) This section presents comprehensive consolidated financial statements, including balance sheets, income statements, and detailed breakdowns of the loan portfolio and asset quality metrics [Consolidated Statements of Financial Condition](index=17&type=section&id=Consolidated%20Statements%20of%20Financial%20Condition) This section provides the detailed consolidated balance sheet as of June 30, 2025, with comparative data for the four preceding quarters, itemizing assets, liabilities, and stockholders' equity Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2025 | March 31, 2025 | June 30, 2024 | | :--- | :--- | :--- | :--- | | Total Assets | $17,783,172 | $18,085,583 | $18,332,325 | | Loans held for investment, net | $11,731,416 | $11,848,011 | $12,306,148 | | Total Deposits | $14,497,373 | $14,666,232 | $14,627,654 | | Total Liabilities | $14,807,754 | $15,118,494 | $15,408,561 | | Total Stockholders' Equity | $2,975,418 | $2,967,089 | $2,923,764 | [Consolidated Statements of Operations](index=18&type=section&id=Consolidated%20Statements%20of%20Operations) This section presents the detailed consolidated income statement for the three and six months ended June 30, 2025, with comparative data, breaking down income, expenses, and earnings per share Consolidated Income Statement Highlights (Three Months Ended, in thousands) | Account | June 30, 2025 | March 31, 2025 | June 30, 2024 | | :--- | :--- | :--- | :--- | | Net interest income | $126,755 | $123,367 | $136,394 | | Provision for credit losses | $(2,078) | $(3,718) | $1,265 | | Total noninterest income | $17,565 | $21,465 | $18,222 | | Total noninterest expense | $104,376 | $100,292 | $97,567 | | Net income | $32,061 | $36,021 | $41,905 | [Loan Portfolio and Asset Quality Details](index=20&type=section&id=Loan%20Portfolio%20and%20Asset%20Quality%20Details) This section provides a detailed breakdown of the loan portfolio by type, asset quality metrics, nonaccrual loan details, past due status, and credit risk grades, indicating strong asset quality - The loan portfolio is primarily composed of investor loans secured by real estate (**$7.67 billion**), with multifamily loans (**$5.26 billion**) being the largest single category[76](index=76&type=chunk) - Total nonaccrual loans decreased to **$26.3 million** from **$52.1 million** a year prior[78](index=78&type=chunk) - Total delinquent loans (30+ days past due) were extremely low at **$2.0 million**, or **0.02%** of the portfolio, down from **$17.9 million** a year ago[78](index=78&type=chunk)[83](index=83&type=chunk) - The vast majority of the loan portfolio, **$11.67 billion** out of **$11.91 billion**, is rated as 'Pass' grade[86](index=86&type=chunk) [GAAP to Non-GAAP Reconciliations](index=25&type=section&id=GAAP%20to%20Non-GAAP%20Reconciliations) This section reconciles key non-GAAP financial measures to GAAP equivalents, providing adjusted performance metrics by excluding merger-related expenses and intangible asset amortization [Non-GAAP Reconciliations](index=25&type=section&id=Non-GAAP%20Reconciliations) This section provides reconciliations for several non-GAAP financial measures to their nearest GAAP equivalents, offering a clearer view of the company's core operational performance Key Non-GAAP Metrics (Q2 2025) | Metric | GAAP | Adjusted (Non-GAAP) | | :--- | :--- | :--- | | ROAA | 0.71% | 0.82% | | ROATCE | 6.66% | 7.60% | | Efficiency Ratio | 65.3% | 65.3% | | Tangible Book Value Per Share | N/A | $21.10 | - Non-GAAP adjustments for Q2 2025 primarily exclude **$6.7 million** in merger-related expenses and **$2.5 million** in amortization of intangible assets[92](index=92&type=chunk)[94](index=94&type=chunk) - The cost of non-maturity deposits, a non-GAAP measure, was calculated at **1.21%** for Q2 2025, a slight increase from **1.20%** in the prior quarter[97](index=97&type=chunk)

Core Viewpoint - Columbia Banking System, Inc. has received all necessary shareholder approvals for its acquisition of Pacific Premier Bancorp, Inc., indicating strong support for the transaction and a positive outlook for market leadership and value creation [1][2]. Group 1: Acquisition Details - The acquisition is expected to enhance market leadership across the Western United States and create significant value for customers, communities, and shareholders [2]. - Both companies are preparing for a swift closing of the transaction following final regulatory approvals, which are anticipated to be completed later in 2025 [2][3]. Group 2: Company Profiles - Columbia Banking System, Inc. is headquartered in Tacoma, Washington, with over $50 billion in assets, and operates as Columbia Bank, providing a full suite of banking services across multiple states [4]. - Pacific Premier Bancorp, Inc. is based in California and has approximately $18 billion in total assets, focusing on serving small to middle-market businesses with a variety of banking products and services [5].

Merger and Acquisition - The Company has entered into a Merger Agreement with Columbia Banking System, Inc., which includes a two-step merger process [184]. - Upon the effective time of the merger, each share of the Company's common stock will be converted into the right to receive 0.9150 of a share of common stock of Columbia [185]. - The Company is subject to various risks including economic conditions, regulatory changes, and potential impacts from the ongoing merger with Columbia [174]. Financial Performance - Net income for the three months ended March 31, 2025, was $36,021,000, an increase of 6.3% from $33,893,000 in the previous quarter [189]. - Adjusted net income for average tangible common equity was $37,882,000 for the three months ended March 31, 2025, compared to $35,830,000 in the previous quarter, reflecting a growth of 5.7% [191]. - Return on average tangible common equity (ROATCE) for the three months ended March 31, 2025, was 7.49%, up from 7.14% in the previous quarter [191]. - The Company’s results for the three months ended March 31, 2025, may not be indicative of the results expected for the year ending December 31, 2025 [178]. Revenue and Income Sources - The Company primarily generates revenue from interest income on loans and investments in securities, alongside noninterest income from various financial products and services [183]. - Interest income for the three months ended March 31, 2025, was $187,335,000, down from $195,457,000 in the previous quarter [196]. - Noninterest income for Q1 2025 was $21.5 million, an increase of $1.5 million from Q4 2024, primarily due to a $1.6 million increase in trust custodial account fees [220]. Expenses and Efficiency - Total noninterest expense for the three months ended March 31, 2025, was $100,292,000, a slight decrease from $100,686,000 in the previous quarter [195]. - Efficiency ratio for the three months ended March 31, 2025, was 67.5%, consistent with 67.8% in the previous quarter [195]. - Noninterest expense totaled $100.3 million for Q1 2025, a decrease of $394,000 from Q4 2024, primarily due to a $4.2 million decrease in legal and professional services [222]. Asset and Deposit Management - Total average deposits for the three months ended March 31, 2025, were $14,635,422,000, compared to $14,708,306,000 in the previous quarter [198]. - Total deposits increased by $202.5 million, or 1.4%, to $14.67 billion from $14.46 billion at December 31, 2024 [289]. - Non-maturity deposits totaled $12.60 billion, representing 85.9% of total deposits, an increase of $247.0 million, or 2.0%, from December 31, 2024 [290]. Loan Portfolio and Credit Quality - Loans held for investment totaled $12.02 billion at March 31, 2025, a decrease of $16.8 million, or 0.1%, from $12.04 billion at December 31, 2024 [247]. - Delinquent loans as a percentage of total loans held for investment remained at 0.02% as of March 31, 2025, unchanged from December 31, 2024 [262]. - The allowance for credit losses (ACL) was $174,967,000, down from $178,186,000 at the end of 2024, indicating a decrease of about 1.2% [285]. Capital and Liquidity - The Company is in compliance with the capital conservation buffer requirement, exceeding the minimum capital ratios as of March 31, 2025 [317]. - The liquidity ratio was 17.2% as of March 31, 2025, exceeding the company's minimum policy requirement of 10.0% [304]. - Cash and cash equivalents totaled $768.2 million as of March 31, 2025, contributing to a total readily available liquidity of approximately $10.11 billion [303]. Interest Rate Risk Management - The Company has a slightly asset-sensitive profile, indicating that earnings at risk are expected to increase as interest rates rise [327]. - The Bank actively manages interest rate risk through monitoring asset and liability maturities and implementing strategies to limit adverse effects on net interest income [322]. - Interest rate risk management policies are established by the Board of Directors, with regular reviews of the Bank's asset/liability position [324].

Core Viewpoint - Pacific Premier Bancorp (PPBI) has seen a 5.3% increase in share price over the past four weeks, closing at $20.79, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $26.08, representing a 25.4% upside [1][11]. Price Targets and Analyst Consensus - The mean estimate of $26.08 is based on six short-term price targets with a standard deviation of $3.38, indicating variability among analysts; the lowest estimate is $22 (5.8% increase), while the highest is $31 (49.1% increase) [2][9]. - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9]. Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about PPBI's earnings prospects, with three estimates revised higher in the last 30 days and no negative revisions, leading to a 6% increase in the Zacks Consensus Estimate [12][11]. - PPBI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13].

Core Viewpoint - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the mergers of Coeptis Therapeutics Holdings, Inc. and Pacific Premier Bancorp, Inc. [1][2] Group 1: Coeptis Therapeutics Holdings, Inc. - The investigation focuses on Coeptis Therapeutics Holdings, Inc. (NASDAQ: COEP) regarding its merger with Z Squared Inc. [1] - Shareholders of Coeptis are encouraged to learn about their legal rights and options related to the merger [1] Group 2: Pacific Premier Bancorp, Inc. - Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) is being investigated in connection with its sale to Columbia Banking System, Inc. [2] - The sale involves an exchange ratio of 0.9150 of a share of Columbia common stock for each Pacific share [2] - Shareholders of Pacific are urged to understand their rights and options concerning the transaction [2] Group 3: Legal Representation and Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders [3] - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3] - Shareholders can contact the firm for free consultations regarding their legal rights and options [4]

Core Viewpoint - Monteverde & Associates PC is investigating the proposed merger between Pacific Premier Bancorp, Inc. and Columbia Banking System, Inc., highlighting the terms of the merger and the potential impact on shareholders [1]. Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has successfully recovered millions for shareholders [1]. - The firm is headquartered in the Empire State Building, New York City, and specializes in class action securities litigation [2]. Merger Details - Under the merger agreement, Pacific Premier stockholders will receive 0.9150 shares of Columbia common stock for each share of Pacific Premier they hold, resulting in approximately 30% ownership of Columbia's outstanding shares for Pacific Premier shareholders [1].