S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Sell every Stock except ONE (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Sell every Stock except ONE (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Sell every Stock except ONE (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Sell every Stock except ONE (Ad)

Pacific Premier Bancorp - PPBI Stock Forecast, Price & News

$36.39
+0.90 (+2.54%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$35.20
$36.50
50-Day Range
$28.20
$36.39
52-Week Range
$27.92
$45.24
Volume
333,935 shs
Average Volume
381,217 shs
Market Capitalization
$3.46 billion
P/E Ratio
11.13
Dividend Yield
3.72%
Price Target
$40.33

Pacific Premier Bancorp MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.8% Upside
$40.33 Price Target
Short Interest
Bearish
2.40% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.11%
From $2.96 to $3.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Finance Sector

365th out of 924 stocks

State Commercial Banks Industry

77th out of 192 stocks

PPBI stock logo

About Pacific Premier Bancorp (NASDAQ:PPBI) Stock

Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. The company accepts deposit products, such as checking, money market, and 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, small business administration (SBA), and SBA paycheck protection program loans; revolving lines or credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and savings account secured loans and auto loans. The company also offers cash management, electronic banking, treasury management, and online bill payment services. It operates 61 full-service depository branches located in Arizona, California, Nevada, Oregon, and Washington. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California.

Wall Street Analysts Forecast Growth

PPBI has been the subject of several analyst reports. StockNews.com upgraded Pacific Premier Bancorp from a "sell" rating to a "hold" rating in a research note on Tuesday, May 31st. Piper Sandler reduced their price target on Pacific Premier Bancorp to $41.00 in a report on Monday, July 4th. Finally, Raymond James upgraded Pacific Premier Bancorp from an "outperform" rating to a "strong-buy" rating and decreased their price target for the stock from $41.00 to $35.00 in a research note on Thursday, July 7th.

Pacific Premier Bancorp Trading Up 2.7 %

NASDAQ:PPBI traded up $0.95 on Tuesday, hitting $36.44. 14,613 shares of the stock were exchanged, compared to its average volume of 342,974. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market capitalization of $3.46 billion, a P/E ratio of 11.02 and a beta of 1.24. Pacific Premier Bancorp has a 52-week low of $27.92 and a 52-week high of $45.24. The stock has a fifty day moving average price of $31.17 and a two-hundred day moving average price of $33.76.

Pacific Premier Bancorp (NASDAQ:PPBI - Get Rating) last announced its quarterly earnings results on Thursday, July 21st. The financial services provider reported $0.73 EPS for the quarter, beating the consensus estimate of $0.72 by $0.01. Pacific Premier Bancorp had a return on equity of 11.07% and a net margin of 38.46%. The firm had revenue of $195.00 million for the quarter, compared to analyst estimates of $193.39 million. During the same quarter last year, the firm posted $1.01 earnings per share. The business's revenue for the quarter was up 3.9% on a year-over-year basis. Research analysts forecast that Pacific Premier Bancorp will post 2.96 EPS for the current fiscal year.

Pacific Premier Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 12th. Investors of record on Monday, August 1st were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Friday, July 29th. Pacific Premier Bancorp's dividend payout ratio (DPR) is 40.37%.

Receive PPBI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pacific Premier Bancorp and its competitors with MarketBeat's FREE daily newsletter.

PPBI Stock News Headlines

Pacific Premier Bancorp earnings: here's what Wall Street expects
Best Income Stocks to Buy for July 19th
Pacific Premier Bancorp Misses Q1 EPS by 4c
See More Headlines
Receive PPBI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pacific Premier Bancorp and its competitors with MarketBeat's FREE daily newsletter.

PPBI Company Calendar

Last Earnings
7/21/2022
Ex-Dividend for 8/12 Dividend
7/29/2022
Dividend Payable
8/12/2022
Today
8/16/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:PPBI
Employees
1,520
Year Founded
1983

Price Target and Rating

Average Stock Price Forecast
$40.33
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+10.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$339.89 million
Pretax Margin
52.25%

Debt

Sales & Book Value

Annual Sales
$804.59 million
Cash Flow
$3.88 per share
Book Value
$30.50 per share

Miscellaneous

Free Float
92,910,000
Market Cap
$3.46 billion
Optionable
Optionable
Beta
1.24

Social Links


Key Executives

  • Mr. Steven R. Gardner (Age 61)
    Chairman, Pres & CEO
    Comp: $2.43M
  • Mr. Ronald J. Nicolas Jr. (Age 63)
    Sr. EVP & CFO
    Comp: $1.17M
  • Mr. Matthew J. Lazzaro
    Sr. VP & Director of Investor Relations
  • Mr. Mark D. Whalen
    Chief Lending Officer & Sr. VP
  • Ms. Lori R. Wright CPA (Age 42)
    Exec. VP & Deputy CFO
  • Mr. Richard J. Immesberger (Age 56)
    Sr. EVP & Pres of Pacific Premier Trust
  • Mr. John Mangold (Age 46)
    First VP and Treasurer
  • Mr. Steven R. Arnold (Age 51)
    Corp. Sec.
  • Mr. Jorge L. Díaz-Irizarry (Age 67)
    VP of Seal Beach Branch and Branch Mang. of Seal Beach Branch
  • Ms. Katherine Hage
    VP and Branch Mang. of San Bernardino Banking Branch













PPBI Stock - Frequently Asked Questions

Should I buy or sell Pacific Premier Bancorp stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last year. There are currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PPBI shares.
View PPBI analyst ratings
or view top-rated stocks.

What is Pacific Premier Bancorp's stock price forecast for 2022?

2 Wall Street analysts have issued 1 year price objectives for Pacific Premier Bancorp's shares. Their PPBI share price forecasts range from $35.00 to $45.00. On average, they predict the company's stock price to reach $40.33 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for PPBI
or view top-rated stocks among Wall Street analysts.

How have PPBI shares performed in 2022?

Pacific Premier Bancorp's stock was trading at $40.03 at the start of the year. Since then, PPBI stock has decreased by 9.1% and is now trading at $36.39.
View the best growth stocks for 2022 here
.

When is Pacific Premier Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our PPBI earnings forecast
.

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its earnings results on Thursday, July, 21st. The financial services provider reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.01. The financial services provider earned $195 million during the quarter, compared to analysts' expectations of $193.39 million. Pacific Premier Bancorp had a trailing twelve-month return on equity of 11.07% and a net margin of 38.46%. The business's quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.01 EPS.

How often does Pacific Premier Bancorp pay dividends? What is the dividend yield for Pacific Premier Bancorp?

Pacific Premier Bancorp announced a quarterly dividend on Friday, July 22nd. Investors of record on Monday, August 1st will be given a dividend of $0.33 per share on Friday, August 12th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Friday, July 29th.
Read our dividend analysis for PPBI
.

Is Pacific Premier Bancorp a good dividend stock?

Pacific Premier Bancorp (NASDAQ:PPBI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 3.72%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PPBI will have a dividend payout ratio of 41.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPBI.

What is Steve Gardner's approval rating as Pacific Premier Bancorp's CEO?

37 employees have rated Pacific Premier Bancorp Chief Executive Officer Steve Gardner on Glassdoor.com. Steve Gardner has an approval rating of 47% among the company's employees. This puts Steve Gardner in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Pacific Premier Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Premier Bancorp investors own include AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Oracle (ORCL), Pattern Energy Group (PEGI), Visa (V), Verizon Communications (VZ), Exxon Mobil (XOM), Carnival Co. & (CCL), Cohu (COHU) and DICK'S Sporting Goods (DKS).

What is Pacific Premier Bancorp's stock symbol?

Pacific Premier Bancorp trades on the NASDAQ under the ticker symbol "PPBI."

Who are Pacific Premier Bancorp's major shareholders?

Pacific Premier Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (5.63%), State Street Corp (4.69%), Macquarie Group Ltd. (2.03%), Brown Advisory Inc. (1.91%), Northern Trust Corp (1.36%) and Geneva Capital Management LLC (1.22%). Insiders that own company stock include Christopher Porcelli, Edward Earl Wilcox, Jaynie M Studenmund, Jeff C Jones, Joseph L Garrett, Joseph L Garrett, Michael S Karr, Michael S Karr, Ronald J Jr Nicolas, Steven R Gardner, Steven R Gardner and Tom Rice.
View institutional ownership trends
.

How do I buy shares of Pacific Premier Bancorp?

Shares of PPBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pacific Premier Bancorp's stock price today?

One share of PPBI stock can currently be purchased for approximately $36.39.

How much money does Pacific Premier Bancorp make?

Pacific Premier Bancorp (NASDAQ:PPBI) has a market capitalization of $3.46 billion and generates $804.59 million in revenue each year. The financial services provider earns $339.89 million in net income (profit) each year or $3.27 on an earnings per share basis.

How many employees does Pacific Premier Bancorp have?

The company employs 1,520 workers across the globe.

When was Pacific Premier Bancorp founded?

Pacific Premier Bancorp was founded in 1983.

How can I contact Pacific Premier Bancorp?

Pacific Premier Bancorp's mailing address is 17901 VON KARMAN AVENUE SUITE 1200, IRVINE CA, 92614. The official website for the company is www.ppbi.com. The financial services provider can be reached via phone at (949) 864-8000, via email at bvillaume@ppbi.com, or via fax at 302-655-5049.

This page (NASDAQ:PPBI) was last updated on 8/17/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.