Pacific Premier Bancorp (PPBI) to Release Earnings on Thursday

Pacific Premier Bancorp (NASDAQ:PPBI - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $143.25 million for the quarter.

Pacific Premier Bancorp (NASDAQ:PPBI - Get Free Report) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.32 by $0.03. Pacific Premier Bancorp had a net margin of 17.54% and a return on equity of 5.43%. On average, analysts expect Pacific Premier Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Pacific Premier Bancorp Price Performance

Shares of NASDAQ:PPBI traded down $0.08 during midday trading on Monday, hitting $19.17. The stock had a trading volume of 838,617 shares, compared to its average volume of 599,420. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.86 billion, a P/E ratio of 11.69 and a beta of 1.16. The company's 50-day moving average price is $21.71 and its 200-day moving average price is $24.57. Pacific Premier Bancorp has a fifty-two week low of $18.06 and a fifty-two week high of $30.28.

Pacific Premier Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 6.89%. The ex-dividend date was Monday, February 3rd. Pacific Premier Bancorp's payout ratio is presently 80.49%.

Analysts Set New Price Targets

Separately, DA Davidson lowered their price target on Pacific Premier Bancorp from $33.00 to $30.00 and set a "buy" rating for the company in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Pacific Premier Bancorp presently has a consensus rating of "Hold" and a consensus price target of $27.00.

Pacific Premier Bancorp Company Profile

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.