Annual Income Statements for Pacific Premier Bancorp
This table shows Pacific Premier Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Pacific Premier Bancorp
This table shows Pacific Premier Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
73 |
74 |
63 |
58 |
46 |
-135 |
47 |
42 |
36 |
34 |
36 |
Consolidated Net Income / (Loss) |
|
73 |
74 |
63 |
58 |
46 |
-135 |
47 |
42 |
36 |
34 |
36 |
Net Income / (Loss) Continuing Operations |
|
73 |
74 |
63 |
58 |
46 |
-135 |
47 |
42 |
36 |
34 |
36 |
Total Pre-Tax Income |
|
99 |
100 |
85 |
78 |
62 |
-192 |
64 |
56 |
48 |
45 |
48 |
Total Revenue |
|
201 |
202 |
190 |
181 |
168 |
-87 |
171 |
155 |
150 |
145 |
145 |
Net Interest Income / (Expense) |
|
181 |
181 |
169 |
160 |
150 |
147 |
145 |
136 |
131 |
125 |
123 |
Total Interest Income |
|
199 |
218 |
221 |
225 |
224 |
217 |
213 |
208 |
206 |
195 |
187 |
Loans and Leases Interest Income |
|
174 |
184 |
181 |
183 |
177 |
177 |
173 |
168 |
163 |
151 |
149 |
Investment Securities Interest Income |
|
25 |
33 |
40 |
43 |
47 |
40 |
40 |
41 |
42 |
44 |
39 |
Total Interest Expense |
|
18 |
36 |
53 |
65 |
75 |
70 |
68 |
72 |
75 |
71 |
64 |
Deposits Interest Expense |
|
9.87 |
26 |
40 |
54 |
63 |
61 |
60 |
64 |
68 |
66 |
60 |
Long-Term Debt Interest Expense |
|
8.04 |
11 |
12 |
12 |
12 |
9.49 |
8.80 |
7.43 |
6.83 |
4.57 |
4.40 |
Total Non-Interest Income |
|
20 |
20 |
21 |
21 |
19 |
-234 |
26 |
18 |
19 |
20 |
21 |
Other Service Charges |
|
1.42 |
32 |
18 |
2.52 |
15 |
30 |
22 |
14 |
14 |
16 |
16 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.06 |
0.15 |
0.17 |
0.35 |
0.05 |
-254 |
0.00 |
0.07 |
0.05 |
0.09 |
0.09 |
Other Non-Interest Income |
|
19 |
-12 |
3.37 |
18 |
3.58 |
-11 |
4.16 |
4.22 |
4.34 |
4.38 |
5.77 |
Provision for Credit Losses |
|
1.08 |
2.84 |
3.02 |
1.50 |
3.92 |
1.70 |
3.85 |
1.27 |
0.49 |
-0.81 |
-3.72 |
Total Non-Interest Expense |
|
101 |
99 |
101 |
101 |
102 |
103 |
103 |
98 |
102 |
101 |
100 |
Salaries and Employee Benefits |
|
56 |
54 |
54 |
53 |
54 |
52 |
54 |
53 |
53 |
50 |
53 |
Net Occupancy & Equipment Expense |
|
19 |
19 |
19 |
19 |
19 |
19 |
18 |
18 |
19 |
18 |
18 |
Marketing Expense |
|
1.91 |
1.99 |
1.84 |
1.88 |
1.64 |
1.73 |
1.56 |
1.72 |
0.86 |
0.93 |
0.94 |
Property & Liability Insurance Claims |
|
1.46 |
1.46 |
2.43 |
2.36 |
2.32 |
4.27 |
2.63 |
1.87 |
1.92 |
1.95 |
2.00 |
Other Operating Expenses |
|
19 |
19 |
21 |
21 |
22 |
23 |
23 |
20 |
24 |
27 |
24 |
Amortization Expense |
|
3.47 |
3.44 |
3.17 |
3.06 |
3.06 |
3.02 |
2.84 |
2.76 |
2.76 |
2.73 |
2.57 |
Income Tax Expense |
|
26 |
26 |
23 |
21 |
16 |
-56 |
17 |
14 |
12 |
11 |
12 |
Basic Earnings per Share |
|
$0.77 |
$0.77 |
$0.66 |
$0.60 |
$0.48 |
($1.43) |
$0.49 |
$0.43 |
$0.37 |
$0.36 |
$0.37 |
Weighted Average Basic Shares Outstanding |
|
93.79M |
93.72M |
93.86M |
94.17M |
94.19M |
94.11M |
94.35M |
94.63M |
94.65M |
94.58M |
94.76M |
Diluted Earnings per Share |
|
$0.77 |
$0.78 |
$0.66 |
$0.60 |
$0.48 |
($1.43) |
$0.49 |
$0.43 |
$0.37 |
$0.36 |
$0.37 |
Weighted Average Diluted Shares Outstanding |
|
94.12M |
94.09M |
94.18M |
94.22M |
94.28M |
94.24M |
94.48M |
94.72M |
94.78M |
94.68M |
94.82M |
Weighted Average Basic & Diluted Shares Outstanding |
|
95.01M |
95.02M |
95.80M |
95.90M |
95.90M |
95.86M |
96.43M |
96.42M |
96.44M |
96.44M |
97.06M |
Cash Dividends to Common per Share |
|
$0.33 |
- |
$0.33 |
$0.33 |
$0.33 |
- |
$0.33 |
$0.33 |
$0.33 |
- |
$0.33 |
Annual Cash Flow Statements for Pacific Premier Bancorp
This table details how cash moves in and out of Pacific Premier Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-16 |
-33 |
78 |
40 |
6.24 |
123 |
554 |
-576 |
797 |
-165 |
-327 |
Net Cash From Operating Activities |
|
13 |
24 |
63 |
69 |
196 |
183 |
212 |
320 |
411 |
251 |
226 |
Net Cash From Continuing Operating Activities |
|
13 |
24 |
63 |
69 |
196 |
183 |
212 |
320 |
411 |
251 |
226 |
Net Income / (Loss) Continuing Operations |
|
17 |
26 |
40 |
60 |
123 |
160 |
60 |
340 |
284 |
31 |
159 |
Consolidated Net Income / (Loss) |
|
17 |
26 |
40 |
60 |
123 |
160 |
60 |
340 |
284 |
31 |
159 |
Provision For Loan Losses |
|
4.68 |
6.43 |
9.30 |
8.43 |
8.25 |
5.72 |
192 |
-71 |
4.83 |
10 |
4.79 |
Depreciation Expense |
|
2.20 |
2.43 |
2.85 |
4.89 |
7.77 |
9.82 |
13 |
16 |
15 |
14 |
12 |
Amortization Expense |
|
1.48 |
2.21 |
13 |
-2.43 |
-0.91 |
-5.39 |
-7.25 |
-0.76 |
5.29 |
9.83 |
-13 |
Non-Cash Adjustments to Reconcile Net Income |
|
-10 |
-11 |
6.88 |
2.34 |
40 |
14 |
-57 |
5.79 |
21 |
266 |
4.50 |
Changes in Operating Assets and Liabilities, net |
|
-1.53 |
-2.07 |
-8.72 |
-3.96 |
18 |
-0.92 |
11 |
30 |
81 |
-80 |
60 |
Net Cash From Investing Activities |
|
-252 |
-331 |
-431 |
-284 |
-137 |
-98 |
570 |
-2,008 |
-160 |
2,472 |
764 |
Net Cash From Continuing Investing Activities |
|
-252 |
-331 |
-431 |
-284 |
-137 |
-98 |
570 |
-2,008 |
-160 |
2,472 |
764 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-1.45 |
-1.89 |
-12 |
-4.18 |
-10 |
-19 |
-11 |
-9.29 |
-7.48 |
-6.61 |
-3.66 |
Purchase of Investment Securities |
|
-218 |
-148 |
-476 |
-340 |
-575 |
-1,125 |
-2,815 |
-2,454 |
-1,011 |
-819 |
-1,957 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.00 |
1.51 |
10 |
0.02 |
0.00 |
15 |
0.04 |
0.06 |
0.00 |
0.01 |
0.00 |
Sale and/or Maturity of Investments |
|
194 |
61 |
270 |
448 |
668 |
764 |
3,343 |
1,477 |
1,290 |
1,991 |
1,015 |
Other Investing Activities, net |
|
-226 |
-247 |
-263 |
-614 |
-367 |
267 |
54 |
-1,021 |
-431 |
1,307 |
1,710 |
Net Cash From Financing Activities |
|
223 |
275 |
446 |
255 |
-53 |
39 |
-229 |
1,111 |
546 |
-2,888 |
-1,318 |
Net Cash From Continuing Financing Activities |
|
223 |
275 |
446 |
255 |
-53 |
39 |
-229 |
1,111 |
546 |
-2,888 |
-1,318 |
Net Change in Deposits |
|
325 |
228 |
314 |
188 |
66 |
240 |
400 |
901 |
237 |
-2,357 |
-532 |
Issuance of Debt |
|
59 |
48 |
182 |
73 |
-108 |
7.38 |
-549 |
0.00 |
442 |
0.00 |
0.00 |
Repayment of Debt |
|
-155 |
0.00 |
-51 |
-9.26 |
-11 |
-54 |
0.00 |
355 |
0.00 |
-399 |
-655 |
Payment of Dividends |
|
- |
- |
- |
0.00 |
0.00 |
-54 |
-80 |
-122 |
-125 |
-126 |
-127 |
Other Financing Activities, Net |
|
0.27 |
-0.74 |
1.35 |
3.33 |
0.26 |
-0.61 |
-0.00 |
-5.38 |
-8.05 |
-5.41 |
-4.07 |
Cash Interest Paid |
|
6.50 |
12 |
14 |
22 |
54 |
79 |
57 |
39 |
59 |
259 |
293 |
Cash Income Taxes Paid |
|
15 |
12 |
13 |
19 |
32 |
52 |
36 |
87 |
75 |
53 |
-12 |
Quarterly Cash Flow Statements for Pacific Premier Bancorp
This table details how cash moves in and out of Pacific Premier Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-234 |
362 |
324 |
39 |
-63 |
-464 |
92 |
-129 |
82 |
-373 |
159 |
Net Cash From Operating Activities |
|
123 |
78 |
75 |
101 |
92 |
-18 |
57 |
67 |
62 |
41 |
22 |
Net Cash From Continuing Operating Activities |
|
123 |
78 |
75 |
101 |
92 |
-18 |
57 |
67 |
62 |
41 |
22 |
Net Income / (Loss) Continuing Operations |
|
73 |
74 |
63 |
58 |
46 |
-135 |
47 |
42 |
36 |
34 |
36 |
Consolidated Net Income / (Loss) |
|
73 |
74 |
63 |
58 |
46 |
-135 |
47 |
42 |
36 |
34 |
36 |
Provision For Loan Losses |
|
1.08 |
2.84 |
3.02 |
1.50 |
3.92 |
1.70 |
3.85 |
1.27 |
0.49 |
-0.81 |
-3.72 |
Depreciation Expense |
|
3.68 |
3.59 |
3.55 |
3.56 |
3.51 |
3.23 |
3.09 |
3.01 |
2.95 |
2.70 |
2.97 |
Amortization Expense |
|
1.17 |
2.95 |
2.40 |
2.75 |
3.81 |
0.88 |
-3.96 |
-3.25 |
-3.58 |
-2.47 |
-0.16 |
Non-Cash Adjustments to Reconcile Net Income |
|
2.06 |
2.54 |
6.74 |
-0.73 |
1.02 |
259 |
-2.42 |
2.74 |
1.92 |
2.27 |
4.83 |
Changes in Operating Assets and Liabilities, net |
|
41 |
-7.75 |
-3.09 |
37 |
34 |
-147 |
9.37 |
21 |
25 |
4.97 |
-18 |
Net Cash From Investing Activities |
|
13 |
309 |
630 |
637 |
409 |
796 |
274 |
397 |
458 |
-365 |
-29 |
Net Cash From Continuing Investing Activities |
|
13 |
309 |
630 |
637 |
409 |
796 |
274 |
397 |
458 |
-365 |
-29 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.92 |
-2.52 |
-2.46 |
-1.67 |
-1.47 |
-1.01 |
-1.21 |
-0.36 |
-0.62 |
-1.48 |
-1.21 |
Purchase of Investment Securities |
|
-413 |
-13 |
-240 |
-16 |
-20 |
-543 |
-170 |
-395 |
-165 |
-1,227 |
-460 |
Sale of Property, Leasehold Improvements and Equipment |
|
- |
- |
0.00 |
0.00 |
- |
0.01 |
0.00 |
- |
- |
- |
0.00 |
Sale and/or Maturity of Investments |
|
300 |
89 |
367 |
172 |
88 |
1,364 |
207 |
296 |
158 |
354 |
173 |
Other Investing Activities, net |
|
127 |
236 |
506 |
483 |
342 |
-24 |
238 |
496 |
466 |
510 |
260 |
Net Cash From Financing Activities |
|
-370 |
-25 |
-382 |
-699 |
-564 |
-1,242 |
-239 |
-592 |
-438 |
-49 |
166 |
Net Cash From Continuing Financing Activities |
|
-370 |
-25 |
-382 |
-699 |
-564 |
-1,242 |
-239 |
-592 |
-438 |
-49 |
166 |
Net Change in Deposits |
|
-338 |
-394 |
-145 |
-668 |
-532 |
-1,012 |
192 |
-560 |
-147 |
-17 |
203 |
Repayment of Debt |
|
- |
358 |
0.00 |
- |
- |
-399 |
-395 |
- |
-260 |
- |
0.00 |
Payment of Dividends |
|
-31 |
-31 |
-31 |
-32 |
-32 |
-32 |
-32 |
-32 |
-32 |
-32 |
-32 |
Other Financing Activities, Net |
|
-0.09 |
0.05 |
-5.68 |
0.14 |
-0.17 |
0.30 |
-4.53 |
-0.14 |
0.52 |
0.08 |
-4.86 |
Cash Interest Paid |
|
12 |
31 |
44 |
61 |
72 |
82 |
73 |
68 |
79 |
73 |
67 |
Cash Income Taxes Paid |
|
16 |
27 |
-0.80 |
1.87 |
0.54 |
52 |
-3.66 |
0.19 |
-13 |
3.91 |
0.04 |
Annual Balance Sheets for Pacific Premier Bancorp
This table presents Pacific Premier Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
2,039 |
2,790 |
4,036 |
8,025 |
11,487 |
11,776 |
19,737 |
21,094 |
21,688 |
19,027 |
17,904 |
Cash and Due from Banks |
|
13 |
15 |
15 |
40 |
125 |
136 |
135 |
83 |
135 |
147 |
118 |
Federal Funds Sold |
|
- |
- |
- |
- |
- |
- |
745 |
222 |
966 |
790 |
491 |
Time Deposits Placed and Other Short-Term Investments |
|
0.00 |
1.97 |
3.94 |
6.63 |
6.14 |
2.71 |
2.85 |
2.22 |
1.73 |
1.00 |
1.25 |
Trading Account Securities |
|
202 |
298 |
397 |
829 |
1,154 |
1,406 |
3,931 |
4,656 |
2,601 |
1,140 |
1,683 |
Loans and Leases, Net of Allowance |
|
1,616 |
2,237 |
3,220 |
6,167 |
8,801 |
-36 |
12,968 |
14,098 |
14,481 |
13,097 |
11,862 |
Loans and Leases |
|
1,629 |
2,254 |
3,242 |
6,196 |
8,837 |
- |
13,236 |
14,296 |
14,676 |
13,289 |
12,040 |
Allowance for Loan and Lease Losses |
|
12 |
17 |
21 |
29 |
36 |
36 |
268 |
198 |
196 |
192 |
178 |
Loans Held for Sale |
|
- |
- |
- |
- |
- |
1.67 |
0.60 |
11 |
2.64 |
0.00 |
2.32 |
Premises and Equipment, Net |
|
9.17 |
9.25 |
12 |
53 |
65 |
59 |
79 |
72 |
65 |
57 |
49 |
Goodwill |
|
23 |
51 |
102 |
493 |
809 |
808 |
899 |
901 |
901 |
901 |
901 |
Intangible Assets |
|
5.61 |
7.17 |
9.45 |
43 |
101 |
83 |
86 |
70 |
56 |
43 |
32 |
Other Assets |
|
72 |
106 |
134 |
235 |
349 |
9,124 |
890 |
15,078 |
2,479 |
2,851 |
2,764 |
Total Liabilities & Shareholders' Equity |
|
2,039 |
2,790 |
4,036 |
8,025 |
11,487 |
11,776 |
19,737 |
21,094 |
21,688 |
19,027 |
17,904 |
Total Liabilities |
|
1,839 |
2,491 |
3,577 |
6,783 |
9,518 |
9,763 |
16,990 |
18,208 |
18,890 |
16,144 |
14,948 |
Non-Interest Bearing Deposits |
|
457 |
712 |
1,186 |
2,227 |
3,496 |
3,858 |
6,011 |
6,757 |
6,307 |
4,933 |
4,617 |
Interest Bearing Deposits |
|
1,174 |
1,483 |
1,960 |
3,859 |
5,163 |
5,041 |
10,203 |
10,358 |
11,046 |
10,063 |
9,847 |
Long-Term Debt |
|
187 |
265 |
397 |
641 |
778 |
732 |
533 |
889 |
1,331 |
932 |
272 |
Other Long-Term Liabilities |
|
22 |
30 |
34 |
55 |
81 |
133 |
243 |
204 |
206 |
217 |
212 |
Total Equity & Noncontrolling Interests |
|
200 |
299 |
460 |
1,242 |
1,970 |
2,013 |
2,747 |
2,886 |
2,798 |
2,883 |
2,956 |
Total Preferred & Common Equity |
|
200 |
299 |
460 |
1,242 |
1,970 |
2,013 |
2,747 |
2,886 |
2,798 |
2,883 |
2,956 |
Preferred Stock |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
200 |
299 |
460 |
1,242 |
1,970 |
2,013 |
2,747 |
2,886 |
2,798 |
2,883 |
2,956 |
Common Stock |
|
148 |
222 |
345 |
1,064 |
1,675 |
1,595 |
2,356 |
2,352 |
2,364 |
2,378 |
2,396 |
Retained Earnings |
|
51 |
77 |
117 |
177 |
300 |
396 |
331 |
542 |
700 |
604 |
635 |
Accumulated Other Comprehensive Income / (Loss) |
|
0.52 |
0.33 |
-2.72 |
0.42 |
-5.60 |
22 |
60 |
-7.86 |
-265 |
-100 |
-76 |
Quarterly Balance Sheets for Pacific Premier Bancorp
This table presents Pacific Premier Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
21,619 |
21,362 |
20,748 |
20,276 |
18,813 |
18,332 |
17,910 |
18,086 |
Cash and Due from Banks |
|
132 |
132 |
154 |
154 |
130 |
164 |
160 |
150 |
Federal Funds Sold |
|
607 |
1,292 |
1,309 |
1,246 |
899 |
736 |
822 |
619 |
Time Deposits Placed and Other Short-Term Investments |
|
1.73 |
1.73 |
1.49 |
1.24 |
1.00 |
1.00 |
1.25 |
1.25 |
Trading Account Securities |
|
2,661 |
2,113 |
2,012 |
1,915 |
1,154 |
1,320 |
1,317 |
1,758 |
Loans and Leases, Net of Allowance |
|
14,713 |
13,976 |
13,418 |
13,082 |
12,820 |
12,306 |
11,854 |
11,848 |
Loans and Leases |
|
14,909 |
14,172 |
13,610 |
13,270 |
13,012 |
12,490 |
12,035 |
12,023 |
Allowance for Loan and Lease Losses |
|
196 |
195 |
192 |
188 |
192 |
184 |
181 |
175 |
Loans Held for Sale |
|
2.16 |
1.25 |
2.18 |
0.64 |
- |
0.14 |
- |
0.00 |
Premises and Equipment, Net |
|
66 |
63 |
62 |
59 |
55 |
52 |
50 |
47 |
Goodwill |
|
901 |
901 |
901 |
901 |
901 |
901 |
901 |
901 |
Intangible Assets |
|
59 |
52 |
49 |
46 |
40 |
38 |
35 |
30 |
Other Assets |
|
2,476 |
16,804 |
2,839 |
2,870 |
2,813 |
2,814 |
2,770 |
2,732 |
Total Liabilities & Shareholders' Equity |
|
21,619 |
21,362 |
20,748 |
20,276 |
18,813 |
18,332 |
17,910 |
18,086 |
Total Liabilities |
|
18,884 |
18,530 |
17,899 |
17,420 |
15,910 |
15,409 |
14,966 |
15,118 |
Non-Interest Bearing Deposits |
|
6,775 |
6,209 |
5,896 |
5,782 |
4,998 |
4,616 |
4,639 |
4,827 |
Interest Bearing Deposits |
|
10,971 |
10,999 |
10,644 |
10,225 |
10,190 |
10,012 |
9,842 |
9,839 |
Long-Term Debt |
|
931 |
1,131 |
1,132 |
1,132 |
532 |
532 |
272 |
273 |
Other Long-Term Liabilities |
|
206 |
191 |
227 |
281 |
191 |
249 |
212 |
180 |
Total Equity & Noncontrolling Interests |
|
2,735 |
2,831 |
2,849 |
2,856 |
2,903 |
2,924 |
2,944 |
2,967 |
Total Preferred & Common Equity |
|
2,735 |
2,831 |
2,849 |
2,856 |
2,903 |
2,924 |
2,944 |
2,967 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
2,735 |
2,831 |
2,849 |
2,856 |
2,903 |
2,924 |
2,944 |
2,967 |
Common Stock |
|
2,359 |
2,363 |
2,368 |
2,373 |
2,379 |
2,385 |
2,391 |
2,396 |
Retained Earnings |
|
658 |
731 |
757 |
771 |
619 |
629 |
633 |
639 |
Accumulated Other Comprehensive Income / (Loss) |
|
-281 |
-263 |
-275 |
-289 |
-96 |
-90 |
-80 |
-68 |
Annual Metrics And Ratios for Pacific Premier Bancorp
This table displays calculated financial ratios and metrics derived from Pacific Premier Bancorp's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
29.38% |
38.70% |
43.08% |
61.35% |
52.09% |
13.88% |
33.78% |
19.32% |
2.03% |
-42.60% |
37.39% |
EBITDA Growth |
|
84.70% |
46.28% |
79.01% |
28.92% |
64.73% |
28.84% |
-64.58% |
504.87% |
-15.05% |
-85.73% |
265.50% |
EBIT Growth |
|
87.48% |
48.98% |
60.39% |
56.51% |
61.97% |
31.51% |
-66.66% |
534.73% |
-16.59% |
-91.14% |
524.16% |
NOPAT Growth |
|
84.77% |
53.56% |
57.17% |
49.86% |
105.22% |
29.49% |
-62.21% |
463.19% |
-16.52% |
-89.13% |
414.72% |
Net Income Growth |
|
84.77% |
53.56% |
57.17% |
49.86% |
105.22% |
29.49% |
-62.21% |
463.19% |
-16.52% |
-89.13% |
414.72% |
EPS Growth |
|
77.78% |
23.96% |
22.69% |
6.85% |
44.87% |
15.04% |
-71.15% |
377.33% |
-16.76% |
-89.60% |
432.26% |
Operating Cash Flow Growth |
|
-14.94% |
79.47% |
168.06% |
9.34% |
183.25% |
-7.02% |
16.21% |
50.83% |
28.36% |
-38.94% |
-9.77% |
Free Cash Flow Firm Growth |
|
116.37% |
-873.22% |
-65.86% |
-282.47% |
23.31% |
121.95% |
-391.46% |
67.13% |
54.46% |
587.55% |
115.31% |
Invested Capital Growth |
|
-0.79% |
46.00% |
51.87% |
119.74% |
45.89% |
-0.11% |
19.47% |
15.12% |
9.40% |
-7.63% |
-15.37% |
Revenue Q/Q Growth |
|
6.60% |
7.41% |
8.58% |
17.25% |
9.54% |
-0.37% |
11.90% |
0.87% |
0.50% |
-39.07% |
59.79% |
EBITDA Q/Q Growth |
|
2.07% |
15.49% |
29.16% |
-7.67% |
22.74% |
-0.20% |
94.14% |
6.27% |
-3.55% |
-83.60% |
1,073.18% |
EBIT Q/Q Growth |
|
0.37% |
17.40% |
10.82% |
19.04% |
13.33% |
-0.37% |
96.90% |
5.85% |
-3.88% |
-89.55% |
983.92% |
NOPAT Q/Q Growth |
|
-1.85% |
19.55% |
10.74% |
7.55% |
23.50% |
0.92% |
75.88% |
5.49% |
-3.78% |
-87.14% |
1,043.80% |
Net Income Q/Q Growth |
|
-1.85% |
19.55% |
10.74% |
7.55% |
23.50% |
0.92% |
75.88% |
5.49% |
-3.78% |
-87.14% |
1,617.17% |
EPS Q/Q Growth |
|
-2.04% |
14.42% |
3.55% |
-3.70% |
12.44% |
1.96% |
92.31% |
-3.50% |
-3.87% |
-87.70% |
1,278.57% |
Operating Cash Flow Q/Q Growth |
|
-18.22% |
46.05% |
29.29% |
9.11% |
16.42% |
-2.93% |
-4.70% |
7.51% |
3.60% |
-27.53% |
34.49% |
Free Cash Flow Firm Q/Q Growth |
|
111.01% |
-125.67% |
-278.42% |
-31.94% |
44.91% |
-30.93% |
-23.18% |
-166.54% |
-33.87% |
527.85% |
-1.21% |
Invested Capital Q/Q Growth |
|
-16.64% |
2.14% |
30.75% |
30.46% |
-4.88% |
-2.37% |
1.51% |
13.75% |
12.63% |
-4.33% |
0.37% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
35.64% |
37.59% |
47.02% |
37.57% |
40.70% |
46.04% |
12.19% |
61.81% |
51.46% |
12.79% |
34.04% |
EBIT Margin |
|
31.42% |
33.74% |
37.83% |
36.69% |
39.08% |
45.13% |
11.25% |
59.83% |
48.91% |
7.55% |
34.28% |
Profit (Net Income) Margin |
|
19.10% |
21.14% |
23.22% |
21.57% |
29.11% |
33.10% |
9.35% |
44.13% |
36.11% |
6.84% |
25.62% |
Tax Burden Percent |
|
60.79% |
62.65% |
61.40% |
58.79% |
74.49% |
73.35% |
83.13% |
73.76% |
73.82% |
90.63% |
74.74% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
39.21% |
37.35% |
38.60% |
41.21% |
25.51% |
26.65% |
16.87% |
26.24% |
26.18% |
9.37% |
25.26% |
Return on Invested Capital (ROIC) |
|
4.28% |
5.37% |
5.64% |
4.39% |
5.33% |
5.82% |
2.00% |
9.64% |
7.18% |
0.78% |
4.51% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
4.28% |
5.37% |
5.64% |
4.39% |
5.33% |
5.82% |
2.00% |
9.64% |
7.18% |
0.78% |
4.51% |
Return on Net Nonoperating Assets (RNNOA) |
|
4.58% |
4.87% |
4.93% |
2.68% |
2.35% |
2.21% |
0.53% |
2.43% |
2.80% |
0.31% |
0.93% |
Return on Equity (ROE) |
|
8.87% |
10.24% |
10.57% |
7.06% |
7.68% |
8.02% |
2.54% |
12.07% |
9.98% |
1.09% |
5.44% |
Cash Return on Invested Capital (CROIC) |
|
5.08% |
-32.03% |
-35.54% |
-70.51% |
-32.00% |
5.92% |
-15.74% |
-4.42% |
-1.80% |
8.71% |
21.16% |
Operating Return on Assets (OROA) |
|
1.46% |
1.69% |
1.91% |
1.70% |
1.70% |
1.87% |
0.46% |
2.26% |
1.80% |
0.17% |
1.15% |
Return on Assets (ROA) |
|
0.89% |
1.06% |
1.18% |
1.00% |
1.26% |
1.37% |
0.38% |
1.66% |
1.33% |
0.15% |
0.86% |
Return on Common Equity (ROCE) |
|
8.87% |
10.24% |
10.57% |
7.06% |
7.68% |
8.02% |
2.54% |
12.07% |
9.98% |
1.09% |
5.44% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.33% |
8.53% |
8.72% |
4.84% |
6.26% |
7.94% |
2.20% |
11.78% |
10.14% |
1.07% |
5.37% |
Net Operating Profit after Tax (NOPAT) |
|
17 |
26 |
40 |
60 |
123 |
160 |
60 |
340 |
284 |
31 |
159 |
NOPAT Margin |
|
19.10% |
21.14% |
23.22% |
21.57% |
29.11% |
33.10% |
9.35% |
44.13% |
36.11% |
6.84% |
25.62% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
43.47% |
41.46% |
41.07% |
40.03% |
41.06% |
39.10% |
38.75% |
38.25% |
39.06% |
65.70% |
46.68% |
Operating Expenses to Revenue |
|
63.20% |
60.93% |
56.79% |
60.28% |
58.98% |
53.69% |
59.04% |
49.37% |
50.48% |
90.21% |
64.95% |
Earnings before Interest and Taxes (EBIT) |
|
27 |
41 |
65 |
102 |
166 |
218 |
73 |
461 |
384 |
34 |
212 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
31 |
45 |
81 |
105 |
172 |
222 |
79 |
476 |
404 |
58 |
211 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.15 |
1.20 |
1.67 |
1.17 |
0.64 |
0.78 |
0.91 |
1.14 |
0.95 |
0.91 |
0.80 |
Price to Tangible Book Value (P/TBV) |
|
1.34 |
1.49 |
2.21 |
2.06 |
1.18 |
1.39 |
1.42 |
1.72 |
1.44 |
1.35 |
1.17 |
Price to Revenue (P/Rev) |
|
2.64 |
2.97 |
4.44 |
5.21 |
2.95 |
3.24 |
3.87 |
4.27 |
3.37 |
5.78 |
3.83 |
Price to Earnings (P/E) |
|
13.83 |
14.06 |
19.14 |
24.15 |
10.15 |
9.78 |
41.35 |
9.68 |
9.32 |
84.57 |
14.94 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
3.34% |
3.90% |
3.70% |
4.74% |
4.85% |
5.37% |
Earnings Yield |
|
7.23% |
7.11% |
5.23% |
4.14% |
9.86% |
10.22% |
2.42% |
10.33% |
10.73% |
1.18% |
6.69% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.79 |
0.96 |
1.17 |
1.00 |
0.66 |
0.72 |
0.65 |
1.03 |
0.70 |
0.68 |
0.63 |
Enterprise Value to Revenue (EV/Rev) |
|
3.52 |
4.51 |
5.81 |
6.78 |
4.30 |
4.07 |
3.32 |
5.03 |
3.66 |
5.77 |
3.28 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.86 |
11.99 |
12.36 |
18.04 |
10.55 |
8.84 |
27.25 |
8.14 |
7.10 |
45.11 |
9.64 |
Enterprise Value to EBIT (EV/EBIT) |
|
11.19 |
13.35 |
15.37 |
18.48 |
10.99 |
9.02 |
29.54 |
8.40 |
7.47 |
76.48 |
9.58 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
18.41 |
21.31 |
25.04 |
31.43 |
14.76 |
12.30 |
35.53 |
11.39 |
10.12 |
84.39 |
12.81 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
23.19 |
22.98 |
15.82 |
27.23 |
9.26 |
10.76 |
10.10 |
12.09 |
6.99 |
10.37 |
8.98 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
15.53 |
0.00 |
0.00 |
0.00 |
0.00 |
12.08 |
0.00 |
0.00 |
0.00 |
7.52 |
2.73 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.94 |
0.89 |
0.86 |
0.52 |
0.40 |
0.36 |
0.19 |
0.31 |
0.48 |
0.32 |
0.09 |
Long-Term Debt to Equity |
|
0.94 |
0.89 |
0.86 |
0.52 |
0.40 |
0.36 |
0.19 |
0.31 |
0.48 |
0.32 |
0.09 |
Financial Leverage |
|
1.07 |
0.91 |
0.87 |
0.61 |
0.44 |
0.38 |
0.27 |
0.25 |
0.39 |
0.40 |
0.21 |
Leverage Ratio |
|
10.01 |
9.68 |
9.00 |
7.09 |
6.08 |
5.84 |
6.62 |
7.25 |
7.53 |
7.17 |
6.33 |
Compound Leverage Factor |
|
10.01 |
9.68 |
9.00 |
7.09 |
6.08 |
5.84 |
6.62 |
7.25 |
7.53 |
7.17 |
6.33 |
Debt to Total Capital |
|
48.37% |
47.02% |
46.36% |
34.06% |
28.31% |
26.68% |
16.24% |
23.54% |
32.24% |
24.43% |
8.44% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
48.37% |
47.02% |
46.36% |
34.06% |
28.31% |
26.68% |
16.24% |
23.54% |
32.24% |
24.43% |
8.44% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
51.63% |
52.98% |
53.64% |
65.94% |
71.69% |
73.32% |
83.76% |
76.46% |
67.76% |
75.57% |
91.56% |
Debt to EBITDA |
|
6.03 |
5.85 |
4.89 |
6.13 |
4.51 |
3.30 |
6.77 |
1.87 |
3.29 |
16.14 |
1.29 |
Net Debt to EBITDA |
|
2.45 |
4.08 |
2.91 |
4.18 |
3.30 |
1.81 |
-4.46 |
1.22 |
0.56 |
-0.10 |
-1.60 |
Long-Term Debt to EBITDA |
|
6.03 |
5.85 |
4.89 |
6.13 |
4.51 |
3.30 |
6.77 |
1.87 |
3.29 |
16.14 |
1.29 |
Debt to NOPAT |
|
11.25 |
10.40 |
9.91 |
10.67 |
6.31 |
4.58 |
8.82 |
2.61 |
4.69 |
30.20 |
1.72 |
Net Debt to NOPAT |
|
4.58 |
7.25 |
5.90 |
7.28 |
4.61 |
2.52 |
-5.82 |
1.71 |
0.80 |
-0.18 |
-2.13 |
Long-Term Debt to NOPAT |
|
11.25 |
10.40 |
9.91 |
10.67 |
6.31 |
4.58 |
8.82 |
2.61 |
4.69 |
30.20 |
1.72 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
20 |
-152 |
-253 |
-966 |
-741 |
163 |
-474 |
-156 |
-71 |
346 |
745 |
Operating Cash Flow to CapEx |
|
910.77% |
6,212.34% |
3,302.81% |
1,665.57% |
1,908.61% |
4,474.41% |
1,867.83% |
3,467.41% |
5,498.02% |
3,804.46% |
6,184.03% |
Free Cash Flow to Firm to Interest Expense |
|
2.56 |
-12.63 |
-18.67 |
-42.94 |
-13.30 |
2.06 |
-8.39 |
-4.53 |
-0.99 |
1.32 |
2.61 |
Operating Cash Flow to Interest Expense |
|
1.71 |
1.96 |
4.69 |
3.08 |
3.53 |
2.32 |
3.76 |
9.32 |
5.75 |
0.95 |
0.79 |
Operating Cash Flow Less CapEx to Interest Expense |
|
1.52 |
1.93 |
4.55 |
2.90 |
3.34 |
2.27 |
3.56 |
9.05 |
5.65 |
0.93 |
0.78 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.05 |
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.02 |
0.03 |
Fixed Asset Turnover |
|
9.15 |
13.11 |
16.24 |
8.55 |
7.19 |
7.80 |
9.36 |
10.22 |
11.52 |
7.44 |
11.78 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
387 |
564 |
857 |
1,883 |
2,748 |
2,745 |
3,279 |
3,775 |
4,130 |
3,814 |
3,228 |
Invested Capital Turnover |
|
0.22 |
0.25 |
0.24 |
0.20 |
0.18 |
0.18 |
0.21 |
0.22 |
0.20 |
0.11 |
0.18 |
Increase / (Decrease) in Invested Capital |
|
-3.08 |
178 |
293 |
1,026 |
864 |
-2.93 |
534 |
496 |
355 |
-315 |
-586 |
Enterprise Value (EV) |
|
306 |
544 |
1,004 |
1,889 |
1,820 |
1,965 |
2,144 |
3,873 |
2,873 |
2,603 |
2,035 |
Market Capitalization |
|
230 |
359 |
767 |
1,451 |
1,252 |
1,563 |
2,496 |
3,291 |
2,645 |
2,609 |
2,373 |
Book Value per Share |
|
$11.81 |
$13.90 |
$16.62 |
$26.87 |
$31.53 |
$33.90 |
$29.10 |
$30.59 |
$29.45 |
$30.06 |
$30.65 |
Tangible Book Value per Share |
|
$10.12 |
$11.20 |
$12.58 |
$15.27 |
$16.97 |
$18.88 |
$18.67 |
$20.30 |
$19.38 |
$20.21 |
$20.97 |
Total Capital |
|
387 |
564 |
857 |
1,883 |
2,748 |
2,745 |
3,279 |
3,775 |
4,130 |
3,814 |
3,228 |
Total Debt |
|
187 |
265 |
397 |
641 |
778 |
732 |
533 |
889 |
1,331 |
932 |
272 |
Total Long-Term Debt |
|
187 |
265 |
397 |
641 |
778 |
732 |
533 |
889 |
1,331 |
932 |
272 |
Net Debt |
|
76 |
185 |
237 |
438 |
568 |
403 |
-351 |
582 |
228 |
-5.63 |
-338 |
Capital Expenditures (CapEx) |
|
1.45 |
0.38 |
1.92 |
4.17 |
10 |
4.08 |
11 |
9.24 |
7.48 |
6.60 |
3.66 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
187 |
265 |
397 |
641 |
778 |
732 |
533 |
889 |
1,331 |
932 |
272 |
Total Depreciation and Amortization (D&A) |
|
3.67 |
4.64 |
16 |
2.46 |
6.87 |
4.43 |
6.10 |
15 |
20 |
24 |
-1.51 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.97 |
$1.21 |
$1.49 |
$1.59 |
$2.29 |
$2.62 |
$0.75 |
$3.60 |
$2.99 |
$0.31 |
$1.65 |
Adjusted Weighted Average Basic Shares Outstanding |
|
17.05M |
21.16M |
26.93M |
37.71M |
53.96M |
60.34M |
79.21M |
93.53M |
93.72M |
94.11M |
94.58M |
Adjusted Diluted Earnings per Share |
|
$0.96 |
$1.19 |
$1.46 |
$1.56 |
$2.26 |
$2.60 |
$0.75 |
$3.58 |
$2.98 |
$0.31 |
$1.65 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
17.34M |
21.49M |
27.44M |
38.51M |
54.61M |
60.69M |
79.51M |
94.01M |
94.09M |
94.24M |
94.68M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
21.38M |
27.42M |
27.91M |
46.24M |
62.50M |
59.58M |
94.29M |
94.38M |
95.02M |
95.86M |
96.44M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
18 |
29 |
43 |
72 |
137 |
160 |
101 |
340 |
284 |
31 |
159 |
Normalized NOPAT Margin |
|
20.14% |
23.63% |
24.78% |
26.00% |
32.35% |
33.20% |
15.68% |
44.13% |
36.11% |
6.84% |
25.62% |
Pre Tax Income Margin |
|
31.42% |
33.74% |
37.83% |
36.69% |
39.08% |
45.13% |
11.25% |
59.83% |
48.91% |
7.55% |
34.28% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
3.55 |
3.38 |
4.83 |
4.54 |
2.97 |
2.76 |
1.28 |
13.41 |
5.38 |
0.13 |
0.74 |
NOPAT to Interest Expense |
|
2.16 |
2.12 |
2.96 |
2.67 |
2.21 |
2.03 |
1.07 |
9.89 |
3.97 |
0.12 |
0.56 |
EBIT Less CapEx to Interest Expense |
|
3.36 |
3.35 |
4.69 |
4.36 |
2.79 |
2.71 |
1.08 |
13.14 |
5.27 |
0.10 |
0.73 |
NOPAT Less CapEx to Interest Expense |
|
1.97 |
2.08 |
2.82 |
2.49 |
2.03 |
1.97 |
0.87 |
9.62 |
3.87 |
0.09 |
0.54 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
33.73% |
132.39% |
35.86% |
44.11% |
409.26% |
80.04% |
Augmented Payout Ratio |
|
33.93% |
0.45% |
0.31% |
0.00% |
0.00% |
96.34% |
132.39% |
41.18% |
44.11% |
409.26% |
80.04% |
Quarterly Metrics And Ratios for Pacific Premier Bancorp
This table displays calculated financial ratios and metrics derived from Pacific Premier Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
1.06% |
1.97% |
1.10% |
-7.35% |
-16.48% |
-143.29% |
-9.96% |
-14.40% |
-10.91% |
265.33% |
-15.25% |
EBITDA Growth |
|
-17.41% |
-12.27% |
-3.43% |
-14.50% |
-33.48% |
-276.45% |
-30.47% |
-34.50% |
-32.18% |
123.90% |
-19.62% |
EBIT Growth |
|
-19.15% |
-13.45% |
-4.70% |
-17.83% |
-37.59% |
-292.12% |
-24.60% |
-28.93% |
-23.17% |
123.26% |
-25.08% |
NOPAT Growth |
|
-18.57% |
-13.15% |
-6.49% |
-17.43% |
-37.26% |
-282.31% |
-24.83% |
-27.29% |
-21.84% |
125.24% |
-23.40% |
Net Income Growth |
|
-18.57% |
-13.15% |
-6.49% |
-17.43% |
-37.26% |
-283.75% |
-24.83% |
-27.29% |
-21.84% |
125.04% |
-23.40% |
EPS Growth |
|
-18.95% |
-13.33% |
-5.71% |
-17.81% |
-37.66% |
-283.33% |
-25.76% |
-28.33% |
-22.92% |
125.17% |
-24.49% |
Operating Cash Flow Growth |
|
42.40% |
22.49% |
-43.21% |
29.79% |
-25.03% |
-122.50% |
-24.24% |
-34.27% |
-32.22% |
331.63% |
-61.97% |
Free Cash Flow Firm Growth |
|
-13,224.00% |
31.60% |
56.91% |
27.38% |
-0.07% |
164.35% |
408.64% |
339.17% |
393.70% |
242.87% |
-59.78% |
Invested Capital Growth |
|
10.48% |
9.40% |
6.70% |
7.99% |
8.75% |
-7.63% |
-13.32% |
-13.18% |
-19.34% |
-15.37% |
-5.68% |
Revenue Q/Q Growth |
|
3.24% |
0.31% |
-5.99% |
-4.83% |
-6.94% |
-152.00% |
295.53% |
-9.53% |
-3.14% |
-3.51% |
0.22% |
EBITDA Q/Q Growth |
|
5.06% |
2.13% |
-14.13% |
-7.20% |
-18.26% |
-370.91% |
133.84% |
-12.58% |
-15.38% |
-4.54% |
13.82% |
EBIT Q/Q Growth |
|
4.00% |
0.54% |
-14.46% |
-8.12% |
-21.01% |
-409.49% |
133.57% |
-13.40% |
-14.61% |
-6.30% |
8.12% |
NOPAT Q/Q Growth |
|
5.10% |
0.42% |
-15.08% |
-7.87% |
-20.14% |
-391.79% |
135.01% |
-10.89% |
-14.14% |
-5.80% |
6.28% |
Net Income Q/Q Growth |
|
5.10% |
0.42% |
-15.08% |
-7.87% |
-20.14% |
-394.10% |
134.74% |
-10.89% |
-14.14% |
-5.80% |
6.28% |
EPS Q/Q Growth |
|
5.48% |
1.30% |
-15.38% |
-9.09% |
-20.00% |
-397.92% |
134.27% |
-12.24% |
-13.95% |
-2.70% |
2.78% |
Operating Cash Flow Q/Q Growth |
|
57.46% |
-36.63% |
-3.42% |
34.68% |
-9.04% |
-119.02% |
425.20% |
16.85% |
-6.21% |
-35.01% |
-46.60% |
Free Cash Flow Firm Q/Q Growth |
|
15.85% |
-2.36% |
33.74% |
-27.22% |
-15.97% |
165.83% |
217.79% |
-1.41% |
42.41% |
-23.15% |
-62.72% |
Invested Capital Q/Q Growth |
|
-0.53% |
12.63% |
-4.05% |
0.46% |
0.16% |
-4.33% |
-9.95% |
0.61% |
-6.94% |
0.37% |
0.36% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
51.76% |
52.71% |
48.15% |
46.94% |
41.23% |
0.00% |
37.18% |
35.92% |
31.39% |
31.05% |
35.26% |
EBIT Margin |
|
49.35% |
49.47% |
45.01% |
43.45% |
36.88% |
0.00% |
37.69% |
36.08% |
31.81% |
30.89% |
33.32% |
Profit (Net Income) Margin |
|
36.45% |
36.49% |
32.96% |
31.91% |
27.38% |
0.00% |
27.52% |
27.10% |
24.02% |
23.45% |
24.87% |
Tax Burden Percent |
|
73.86% |
73.77% |
73.23% |
73.43% |
74.25% |
70.56% |
73.00% |
75.12% |
75.53% |
75.93% |
74.64% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
26.14% |
26.23% |
26.77% |
26.57% |
25.75% |
0.00% |
27.00% |
24.88% |
24.47% |
24.07% |
25.36% |
Return on Invested Capital (ROIC) |
|
8.16% |
7.26% |
6.77% |
6.44% |
5.30% |
0.00% |
3.22% |
2.96% |
2.59% |
4.13% |
4.42% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
8.16% |
7.26% |
6.77% |
6.44% |
5.30% |
0.00% |
3.22% |
2.96% |
2.59% |
4.13% |
4.42% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.07% |
2.83% |
2.49% |
2.37% |
1.95% |
0.00% |
0.93% |
0.85% |
0.63% |
0.85% |
0.61% |
Return on Equity (ROE) |
|
10.23% |
10.09% |
9.25% |
8.81% |
7.25% |
0.00% |
4.15% |
3.81% |
3.21% |
4.98% |
5.03% |
Cash Return on Invested Capital (CROIC) |
|
-1.52% |
-1.80% |
0.80% |
-0.71% |
-2.11% |
8.71% |
14.68% |
13.93% |
20.94% |
21.16% |
10.28% |
Operating Return on Assets (OROA) |
|
1.81% |
1.82% |
1.65% |
1.57% |
1.30% |
0.00% |
0.81% |
0.75% |
0.65% |
1.04% |
1.07% |
Return on Assets (ROA) |
|
1.34% |
1.34% |
1.21% |
1.16% |
0.97% |
0.00% |
0.59% |
0.56% |
0.49% |
0.79% |
0.80% |
Return on Common Equity (ROCE) |
|
10.23% |
10.09% |
9.25% |
8.81% |
7.25% |
0.00% |
4.15% |
3.81% |
3.21% |
4.98% |
5.03% |
Return on Equity Simple (ROE_SIMPLE) |
|
10.78% |
0.00% |
9.87% |
9.38% |
8.40% |
0.00% |
0.53% |
-0.01% |
-0.36% |
0.00% |
4.98% |
Net Operating Profit after Tax (NOPAT) |
|
73 |
74 |
63 |
58 |
46 |
-134 |
47 |
42 |
36 |
34 |
36 |
NOPAT Margin |
|
36.45% |
36.49% |
32.96% |
31.91% |
27.38% |
0.00% |
27.52% |
27.10% |
24.02% |
23.45% |
24.87% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.09% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
38.42% |
37.13% |
39.59% |
41.19% |
44.38% |
0.00% |
43.30% |
47.28% |
48.70% |
47.93% |
49.33% |
Operating Expenses to Revenue |
|
50.11% |
49.13% |
53.40% |
55.72% |
60.79% |
0.00% |
60.05% |
63.10% |
67.87% |
69.68% |
69.25% |
Earnings before Interest and Taxes (EBIT) |
|
99 |
100 |
85 |
78 |
62 |
-192 |
64 |
56 |
48 |
45 |
48 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
104 |
106 |
91 |
85 |
69 |
-188 |
64 |
56 |
47 |
45 |
51 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.96 |
0.95 |
0.74 |
0.65 |
0.69 |
0.91 |
0.77 |
0.75 |
0.82 |
0.80 |
0.69 |
Price to Tangible Book Value (P/TBV) |
|
1.49 |
1.44 |
1.11 |
0.97 |
1.03 |
1.35 |
1.14 |
1.10 |
1.21 |
1.17 |
1.01 |
Price to Revenue (P/Rev) |
|
3.37 |
3.37 |
2.65 |
2.38 |
2.66 |
5.78 |
5.18 |
5.38 |
6.25 |
3.83 |
3.46 |
Price to Earnings (P/E) |
|
8.94 |
9.32 |
7.47 |
6.90 |
8.20 |
84.57 |
146.13 |
0.00 |
0.00 |
14.94 |
13.91 |
Dividend Yield |
|
4.76% |
4.74% |
6.01% |
6.86% |
6.43% |
4.85% |
5.66% |
5.82% |
5.25% |
5.37% |
6.19% |
Earnings Yield |
|
11.19% |
10.73% |
13.39% |
14.49% |
12.19% |
1.18% |
0.68% |
0.00% |
0.00% |
6.69% |
7.19% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.77 |
0.70 |
0.45 |
0.38 |
0.43 |
0.68 |
0.51 |
0.53 |
0.53 |
0.63 |
0.48 |
Enterprise Value to Revenue (EV/Rev) |
|
3.61 |
3.66 |
2.27 |
1.95 |
2.29 |
5.77 |
4.03 |
4.47 |
4.42 |
3.28 |
2.63 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
6.74 |
7.10 |
4.46 |
3.90 |
4.83 |
45.11 |
58.24 |
2,897.56 |
0.00 |
9.64 |
7.86 |
Enterprise Value to EBIT (EV/EBIT) |
|
7.07 |
7.47 |
4.71 |
4.16 |
5.21 |
76.48 |
133.56 |
0.00 |
0.00 |
9.58 |
7.94 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
9.58 |
10.12 |
6.41 |
5.65 |
7.08 |
84.39 |
113.62 |
0.00 |
0.00 |
12.81 |
10.55 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
7.12 |
6.99 |
5.06 |
4.01 |
4.90 |
10.37 |
7.48 |
9.17 |
10.18 |
8.98 |
8.16 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
58.49 |
0.00 |
0.00 |
7.52 |
3.20 |
3.51 |
2.27 |
2.73 |
4.55 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.34 |
0.48 |
0.40 |
0.40 |
0.40 |
0.32 |
0.18 |
0.18 |
0.09 |
0.09 |
0.09 |
Long-Term Debt to Equity |
|
0.34 |
0.48 |
0.40 |
0.40 |
0.40 |
0.32 |
0.18 |
0.18 |
0.09 |
0.09 |
0.09 |
Financial Leverage |
|
0.25 |
0.39 |
0.37 |
0.37 |
0.37 |
0.40 |
0.29 |
0.29 |
0.24 |
0.21 |
0.14 |
Leverage Ratio |
|
7.65 |
7.53 |
7.66 |
7.63 |
7.49 |
7.17 |
7.01 |
6.77 |
6.58 |
6.33 |
6.29 |
Compound Leverage Factor |
|
7.65 |
7.53 |
7.66 |
7.63 |
7.49 |
7.17 |
7.01 |
6.77 |
6.58 |
6.33 |
6.29 |
Debt to Total Capital |
|
25.39% |
32.24% |
28.55% |
28.43% |
28.38% |
24.43% |
15.49% |
15.40% |
8.47% |
8.44% |
8.41% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
25.39% |
32.24% |
28.55% |
28.43% |
28.38% |
24.43% |
15.49% |
15.40% |
8.47% |
8.44% |
8.41% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
74.61% |
67.76% |
71.45% |
71.57% |
71.62% |
75.57% |
84.51% |
84.60% |
91.53% |
91.56% |
91.59% |
Debt to EBITDA |
|
2.22 |
3.29 |
2.82 |
2.93 |
3.22 |
16.14 |
17.81 |
848.74 |
-12.56 |
1.29 |
1.37 |
Net Debt to EBITDA |
|
0.45 |
0.56 |
-0.74 |
-0.86 |
-0.77 |
-0.10 |
-16.66 |
-587.96 |
32.81 |
-1.60 |
-2.50 |
Long-Term Debt to EBITDA |
|
2.22 |
3.29 |
2.82 |
2.93 |
3.22 |
16.14 |
17.81 |
848.74 |
-12.56 |
1.29 |
1.37 |
Debt to NOPAT |
|
3.16 |
4.69 |
4.05 |
4.23 |
4.72 |
30.20 |
34.74 |
-78.58 |
-16.18 |
1.72 |
1.84 |
Net Debt to NOPAT |
|
0.64 |
0.80 |
-1.06 |
-1.25 |
-1.12 |
-0.18 |
-32.50 |
54.43 |
42.27 |
-2.13 |
-3.36 |
Long-Term Debt to NOPAT |
|
3.16 |
4.69 |
4.05 |
4.23 |
4.72 |
30.20 |
34.74 |
-78.58 |
-16.18 |
1.72 |
1.84 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-275 |
-281 |
-186 |
-237 |
-275 |
181 |
575 |
567 |
807 |
620 |
231 |
Operating Cash Flow to CapEx |
|
13,408.19% |
3,094.83% |
3,052.01% |
6,073.07% |
6,259.82% |
-1,758.13% |
4,733.67% |
18,432.96% |
10,017.66% |
2,749.83% |
1,789.92% |
Free Cash Flow to Firm to Interest Expense |
|
-15.33 |
-7.72 |
-3.53 |
-3.63 |
-3.69 |
2.57 |
8.41 |
7.91 |
10.80 |
8.74 |
3.61 |
Operating Cash Flow to Interest Expense |
|
6.86 |
2.14 |
1.43 |
1.55 |
1.24 |
-0.25 |
0.83 |
0.93 |
0.84 |
0.57 |
0.34 |
Operating Cash Flow Less CapEx to Interest Expense |
|
6.81 |
2.07 |
1.38 |
1.52 |
1.22 |
-0.26 |
0.82 |
0.92 |
0.83 |
0.55 |
0.32 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.02 |
0.02 |
0.02 |
0.02 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
11.29 |
11.52 |
11.77 |
11.91 |
11.84 |
7.44 |
7.31 |
7.15 |
7.10 |
11.78 |
11.69 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
3,666 |
4,130 |
3,963 |
3,981 |
3,987 |
3,814 |
3,435 |
3,456 |
3,216 |
3,228 |
3,240 |
Invested Capital Turnover |
|
0.22 |
0.20 |
0.21 |
0.20 |
0.19 |
0.11 |
0.12 |
0.11 |
0.11 |
0.18 |
0.18 |
Increase / (Decrease) in Invested Capital |
|
348 |
355 |
249 |
295 |
321 |
-315 |
-528 |
-525 |
-771 |
-586 |
-195 |
Enterprise Value (EV) |
|
2,826 |
2,873 |
1,791 |
1,510 |
1,698 |
2,603 |
1,740 |
1,817 |
1,715 |
2,035 |
1,559 |
Market Capitalization |
|
2,636 |
2,645 |
2,086 |
1,844 |
1,968 |
2,609 |
2,238 |
2,185 |
2,426 |
2,373 |
2,056 |
Book Value per Share |
|
$28.81 |
$29.45 |
$29.79 |
$29.74 |
$29.78 |
$30.06 |
$30.77 |
$30.32 |
$30.53 |
$30.65 |
$30.77 |
Tangible Book Value per Share |
|
$18.69 |
$19.38 |
$19.76 |
$19.82 |
$19.89 |
$20.21 |
$20.78 |
$20.58 |
$20.82 |
$20.97 |
$21.11 |
Total Capital |
|
3,666 |
4,130 |
3,963 |
3,981 |
3,987 |
3,814 |
3,435 |
3,456 |
3,216 |
3,228 |
3,240 |
Total Debt |
|
931 |
1,331 |
1,131 |
1,132 |
1,132 |
932 |
532 |
532 |
272 |
272 |
273 |
Total Long-Term Debt |
|
931 |
1,331 |
1,131 |
1,132 |
1,132 |
932 |
532 |
532 |
272 |
272 |
273 |
Net Debt |
|
190 |
228 |
-295 |
-334 |
-270 |
-5.63 |
-498 |
-369 |
-711 |
-338 |
-497 |
Capital Expenditures (CapEx) |
|
0.92 |
2.52 |
2.46 |
1.67 |
1.47 |
1.00 |
1.20 |
0.36 |
0.62 |
1.48 |
1.21 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.07 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
931 |
1,331 |
1,131 |
1,132 |
1,132 |
932 |
532 |
532 |
272 |
272 |
273 |
Total Depreciation and Amortization (D&A) |
|
4.86 |
6.54 |
5.95 |
6.31 |
7.31 |
4.11 |
-0.88 |
-0.24 |
-0.63 |
0.24 |
2.82 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$0.77 |
$0.66 |
$0.60 |
$0.48 |
($1.43) |
$0.49 |
$0.43 |
$0.37 |
$0.36 |
$0.37 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
93.72M |
93.86M |
94.17M |
94.19M |
94.11M |
94.35M |
94.63M |
94.65M |
94.58M |
94.76M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.78 |
$0.66 |
$0.60 |
$0.48 |
($1.43) |
$0.49 |
$0.43 |
$0.37 |
$0.36 |
$0.37 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
94.09M |
94.18M |
94.22M |
94.28M |
94.24M |
94.48M |
94.72M |
94.78M |
94.68M |
94.82M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
95.02M |
95.80M |
95.90M |
95.90M |
95.86M |
96.43M |
96.42M |
96.44M |
96.44M |
97.06M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
73 |
74 |
63 |
58 |
46 |
-134 |
47 |
42 |
36 |
34 |
36 |
Normalized NOPAT Margin |
|
36.45% |
36.49% |
32.96% |
31.91% |
27.38% |
0.00% |
27.52% |
27.10% |
24.02% |
23.45% |
24.87% |
Pre Tax Income Margin |
|
49.35% |
49.47% |
45.01% |
43.45% |
36.88% |
0.00% |
37.69% |
36.08% |
31.81% |
30.89% |
33.32% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.55 |
2.74 |
1.62 |
1.20 |
0.83 |
-2.73 |
0.94 |
0.78 |
0.64 |
0.63 |
0.75 |
NOPAT to Interest Expense |
|
4.10 |
2.02 |
1.19 |
0.88 |
0.62 |
-1.91 |
0.69 |
0.58 |
0.48 |
0.48 |
0.56 |
EBIT Less CapEx to Interest Expense |
|
5.49 |
2.68 |
1.57 |
1.18 |
0.81 |
-2.74 |
0.93 |
0.77 |
0.63 |
0.61 |
0.74 |
NOPAT Less CapEx to Interest Expense |
|
4.04 |
1.96 |
1.14 |
0.86 |
0.60 |
-1.92 |
0.67 |
0.58 |
0.47 |
0.46 |
0.54 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
42.37% |
44.11% |
44.87% |
47.02% |
52.51% |
409.26% |
826.27% |
-30,469.71% |
-1,212.66% |
80.04% |
86.13% |
Augmented Payout Ratio |
|
42.37% |
44.11% |
44.87% |
47.02% |
52.51% |
409.26% |
826.27% |
-30,469.71% |
-1,212.66% |
80.04% |
86.13% |
Key Financial Trends
Pacific Premier Bancorp (NASDAQ: PPBI) - Financial Overview and Trends (Q1 2022 - Q1 2025)
Over the last four years, Pacific Premier Bancorp has demonstrated a relatively stable financial performance with steady growth in key areas such as net interest income and net income attributable to common shareholders, alongside controlled operating expenses. Below is a summary of the most important trends observed from the quarterly income statements, cash flow statements, and balance sheets.
- Net Interest Income remains strong and relatively stable, showing a slight downward trend into early 2025 but still signaling consistent core earnings generation capacity. For example, Q1 2025 net interest income was $123.4 million, close to Q4 2024's $124.5 million.
- Net Income attributable to common shareholders has recovered and shown consistent profitability following a significant loss in Q4 2023. In Q1 2025, net income was $36.0 million, up from $33.9 million in Q4 2024 and $46.0 million in Q3 2024.
- Earnings per Share (EPS) have demonstrated stability and growth, with Q1 2025 diluted EPS at $0.37 compared to $0.36 in Q4 2024 and generally trending upwards from $0.33-$0.77 in previous quarters.
- Provision for Credit Losses improved significantly, shifting to a benefit of roughly -$3.7 million in Q1 2025 from positive provisions in previous quarters, indicating improved credit quality or recoveries.
- Total Assets have rebounded from a peak in 2022 and 2023, currently at $18.1 billion in Q1 2025, down from approximately $21.6 billion in early 2023, which could indicate prudent asset management and focus on quality.
- Common Equity remains healthy, slightly improving to approximately $2.97 billion in Q1 2025 from prior quarters, supporting capitalization and risk buffer.
- Non-Interest Income has been somewhat volatile, especially affected by large unrealized capital gains/losses (notably a large negative impact in Q4 2023), impacting overall revenue but recovering more recently.
- Non-Interest Expense is relatively stable but shows some variability quarter to quarter, with Q1 2025 at $100.3 million, close to prior quarters. Costs related to salaries, occupancy, equipment, and other operating expenses remain significant.
- Deposit levels have fluctuated, with a large net increase in deposits in Q1 2025 ($202.5 million), suggesting potential growth in the deposit base after some prior quarters of declines or flat usage.
- Long-Term Debt shows some reduction from over $1.1 billion in 2023 to $272.6 million in Q1 2025, indicating debt reduction efforts or refinancing strategies; this impacts interest expenses.
- Q4 2023 showed a significant net loss of approximately -$135 million and negative total revenue (-$87 million) due to large unrealized capital losses and negative other non-interest income, reflecting risk exposure to investment securities or market volatility.
- Cash flows from financing activities have been negative in most quarters, reflecting repayments of debt and dividend payments, which may limit liquidity or capital flexibility if sustained.
- Allowance for Loan and Lease Losses remains elevated, around $175-$195 million in recent quarters, suggesting continuing credit risk concerns, although provisions for credit losses have recently improved.
- Reported cash interest paid has generally increased over time, reaching about $66.6 million in Q1 2025 from lower levels previously, indicating rising financing costs which can pressure net interest margins.
- Accumulated Other Comprehensive Income (AOCI) remains negative and relatively large in magnitude (approximately -$68 million in Q1 2025), which may reflect unrealized losses on securities and other comprehensive income volatility impacting equity.
Summary: Pacific Premier Bancorp has shown generally resilient earnings and stable core banking income driven by net interest income and improvement in credit conditions. The bank is successfully managing expenses and maintaining capital adequacy. However, investors should be cautious about the exposure to investment securities volatility, as seen in the negative non-interest income and lost Q4 2023 quarter, and monitor the potential effects of increased interest costs and credit loss provisions. The recovery in profitability and deposits growth in recent quarters, along with prudent asset and liability management, are positive signs going forward.
08/09/25 02:26 AMAI Generated. May Contain Errors.