Research Analysts Set Expectations for PPBI FY2025 Earnings

Key Points

• DA Davidson has increased its FY2025 earnings per share (EPS) estimate for Pacific Premier Bancorp to $1.49, up from a previous estimate of $1.47, while maintaining a "Hold" rating on the stock.
• The company recently reported a quarterly EPS of $0.39, exceeding the consensus estimate of $0.34, despite revenues of $145.64 million falling short of expectations.
• Pacific Premier Bancorp will pay a quarterly dividend of $0.33 per share on August 15th, with a dividend yield of 6.1% and a payout ratio of nearly 93%.

Pacific Premier Bancorp Inc (NASDAQ:PPBI - Free Report) - Investment analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for Pacific Premier Bancorp in a research note issued to investors on Wednesday, July 30th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings per share of $1.49 for the year, up from their prior estimate of $1.47. DA Davidson currently has a "Hold" rating on the stock. The consensus estimate for Pacific Premier Bancorp's current full-year earnings is $1.34 per share.

Pacific Premier Bancorp (NASDAQ:PPBI - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.05. The firm had revenue of $145.64 million during the quarter, compared to analyst estimates of $147.67 million. Pacific Premier Bancorp had a return on equity of 4.85% and a net margin of 16.13%. During the same period last year, the company earned $0.43 earnings per share.

Separately, Wall Street Zen started coverage on Pacific Premier Bancorp in a research report on Thursday, May 22nd. They issued a "sell" rating for the company.

Pacific Premier Bancorp Trading Up 0.5%

Shares of Pacific Premier Bancorp stock traded up $0.10 during trading on Friday, hitting $21.50. 512,403 shares of the company were exchanged, compared to its average volume of 876,844. The firm has a market capitalization of $2.09 billion, a P/E ratio of 15.14 and a beta of 1.19. Pacific Premier Bancorp has a 1-year low of $18.06 and a 1-year high of $30.28. The firm's fifty day moving average price is $21.61 and its 200 day moving average price is $22.08. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Pacific Premier Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th will be given a dividend of $0.33 per share. The ex-dividend date is Tuesday, August 5th. This represents a $1.32 annualized dividend and a yield of 6.1%. Pacific Premier Bancorp's dividend payout ratio (DPR) is presently 92.96%.

Institutional Trading of Pacific Premier Bancorp

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Pacific Premier Bancorp by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 11,241,494 shares of the financial services provider's stock valued at $280,138,000 after buying an additional 78,381 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Pacific Premier Bancorp by 2.7% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,842,985 shares of the financial services provider's stock valued at $70,847,000 after buying an additional 74,644 shares in the last quarter. Invesco Ltd. boosted its stake in Pacific Premier Bancorp by 5.0% in the first quarter. Invesco Ltd. now owns 2,358,441 shares of the financial services provider's stock valued at $50,282,000 after buying an additional 111,641 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Pacific Premier Bancorp by 0.5% in the fourth quarter. Alliancebernstein L.P. now owns 1,467,366 shares of the financial services provider's stock valued at $36,567,000 after buying an additional 7,465 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Pacific Premier Bancorp by 2.6% during the first quarter. Victory Capital Management Inc. now owns 1,464,112 shares of the financial services provider's stock valued at $31,215,000 after purchasing an additional 37,267 shares in the last quarter. 93.11% of the stock is owned by institutional investors and hedge funds.

About Pacific Premier Bancorp

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.