Total assets as of December 31, 2024 were $17.90 billion, compared to $17.91 billion at September 30, 2024, and $19.03 billion at December 31, 2023. Steven R. Gardner, Chairman, Chief Executive Officer, and President of the Company, commented, "Our team delivered solid results in the fourth quarter, closing out the year in a strong financial position. Our performance throughout 2024 reflects the excellence of our organization and the effectiveness of our relationship-based business model that has us well-po ...

Core Insights - Analysts project that Pacific Premier Bancorp (PPBI) will report quarterly earnings of $0.32 per share, reflecting a year-over-year decline of 37.3% [1] - Revenue is expected to reach $143.43 million, marking a significant increase of 264.1% compared to the same quarter last year [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating a stable outlook from analysts [2] - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [3] Key Metrics - The consensus estimate for 'Net interest margin' is projected at 3.1%, down from 3.3% a year ago [5] - Analysts expect the 'Efficiency Ratio' to be 70.4%, an increase from 60.1% reported in the same quarter last year [5] - The estimate for 'Average Interest-Earning Assets' stands at $16.15 billion, down from $17.74 billion in the same quarter of the previous year [5] Non-Performing Assets - 'Total NonPerforming Assets' are expected to be $43.55 million, up from $25.07 million in the same quarter last year [6] - The estimate for 'Total NonPerforming Loan' is also $43.55 million, compared to $24.82 million a year ago [6] Net Interest Income - The estimated 'Net interest income before provision for loan losses' is $124.30 million, down from $146.79 million a year ago [7] Stock Performance - Over the past month, shares of Pacific Premier Bancorp have returned -2%, compared to a -0.4% change in the Zacks S&P 500 composite [7] - Currently, PPBI holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7]

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 September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 0-22193 PACIFIC PREMIER BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 33-0743196 ( ...

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. [Operator Instructions] Please not ...

Investor Presentation Third Quarter 2024 October 24, 2024 Steve Gardner Chairman, Chief Executive Officer, & President sgardner@ppbi.com 949-864-8000 Ronald J. Nicolas, Jr. Sr. EVP & Chief Financial Officer rnicolas@ppbi.com 949-864-8000 PACIFIC PREMIER BANCORP, INC. FORWARD LOOKING STATEMENTS AND WHERE TO FIND MORE INFORMATION Forward Looking Statements This investor presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the f ...

Pacific Premier Bancorp (PPBI) reported $149.77 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 10.9%. EPS of $0.37 for the same period compares to $0.48 a year ago.The reported revenue represents a surprise of -2.26% over the Zacks Consensus Estimate of $153.23 million. With the consensus EPS estimate being $0.39, the EPS surprise was -5.13%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.13%. A quarter ago, it was expected that this holding company for Pacific Premier Bank would post earnings of $0.44 per share when it actually produced earnings of $0.43, delivering a surprise of -2.27%. ...

Exhibit 99.1 Pacific Premier Bancorp, Inc. Announces Third Quarter 2024 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share Third Quarter 2024 Summary • Net income of $36.0 million, or $0.37 per diluted share • Return on average assets of 0.79% • Pre-provision net revenue ("PPNR") to average assets of 1.06%, annualized • Net interest margin of 3.16% • Average cost of deposits of 1.84%, and spot cost of deposits of 1.80% • Non-maturity deposits to total deposits of 84.30% • Non-interest bearin ...

| --- | --- | --- | --- | --- | --- | |----------------------------|-------|---------------------|----------------------------------------------------------------------------|-------|--------------------------| | (Dollars in thousands) | March | Balance, 31, 2024 | Three Months Ended June 30, 2024 \nProvision (Recapture) for Credit Losses | | Balance, June 30, 2024 | | HTM investment securities: | | | | | | | | | | | | | | Municipal bonds | $ | 115 | $ | 14 | $ 129 | | | 14 | | | | | | --- | --- | --- | --- ...

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. [Operator Instructions] Please note, this event is being recorded. I would ...