Pacific Premier Earnings Reports

Pacific Premier Bancorp, Inc. announced net income of $36.0 million, or $0.37 per diluted share, for the first quarter of 2025. The company's return on average assets was 0.80%, and the net interest margin expanded to 3.06%. Total assets were $18.09 billion at March 31, 2025.

Pacific Premier Bancorp reported a net income of $33.9 million, or $0.35 per diluted share, for Q4 2024. The company's return on average assets was 0.75%. Loan originations increased to $316.0 million, and non-maturity deposits rose by $145.8 million. Total assets were $17.90 billion.

Pacific Premier Bancorp reported a net income of $36.0 million, or $0.37 per diluted share, for Q3 2024. The company's asset quality remained strong, with total delinquencies at 0.08% and non-performing assets at 0.22% of total assets. The bank focused on capital accumulation and reduced higher-cost funding sources.

Pacific Premier Bancorp reported a net income of $41.9 million, or $0.43 per diluted share, for the second quarter of 2024. The company's TCE and tier 1 common equity ratios increased to 11.41% and 15.89%, respectively. Second quarter loan production increased to $150.7 million.

Pacific Premier Bancorp reported a net income of $47.0 million, or $0.49 per diluted share, for Q1 2024. The net interest margin expanded by 11 basis points to 3.39%. Total deposits increased by $192 million, and the TCE ratio increased to 10.97%. Asset quality remained strong, with a total delinquency rate of 0.09%.

Pacific Premier Bancorp reported a net loss of $135.4 million for Q4 2023, or $1.44 per diluted share, but an adjusted net income of $48.4 million, or $0.51 per diluted share, excluding the impact of securities portfolio repositioning and FDIC special assessment. The company's net interest margin expanded by 16 basis points to 3.28%, and it reduced higher cost wholesale funding by $817 million. Strong capital levels and favorable asset quality measures position the company well for 2024.

Pacific Premier Bancorp reported a net income of $46.0 million, or $0.48 per diluted share, for Q3 2023. The company focused on risk, liquidity, and capital management, while client deposit flows stabilized, and higher cost brokered deposits were reduced by $490 million. Asset quality remained solid, with total delinquencies at 0.08% of loans.

Pacific Premier Bancorp reported a solid performance in a challenging second quarter, with a focus on risk management, liquidity, and capital management. Net income was $57.6 million, or $0.60 per diluted share. The company maintained strong capital ratios and available liquidity.

Pacific Premier Bancorp, Inc. reported a net income of $62.6 million, or $0.66 per diluted share, for Q1 2023. The company's return on average assets was 1.15%, return on average equity was 8.87%, and return on average tangible common equity was 13.89%. Total assets amounted to $21.36 billion.

Pacific Premier Bancorp reported net income of $73.7 million, or $0.77 per diluted share, for the fourth quarter of 2022. The company's return on average assets was 1.36%, return on average equity was 10.71%, and return on average tangible common equity was 16.99%. Total assets as of December 31, 2022 were $21.69 billion.

Pacific Premier Bancorp reported a net income of $73.4 million, or $0.77 per diluted share, for the third quarter of 2022. The company's return on average assets was 1.35%, return on average equity was 10.57%, and return on average tangible common equity was 16.74%. Total assets were $21.62 billion at September 30, 2022.

Pacific Premier Bancorp reported a net income of $69.8 million, or $0.73 per diluted share, for the second quarter of 2022. The company's return on average assets was 1.29%, return on average equity was 10.10%, and return on average tangible common equity was 16.07%. Total assets increased to $21.99 billion.

Pacific Premier Bancorp, Inc. reported a net income of $66.9 million, or $0.70 per diluted share, for Q1 2022. The company experienced strong loan and deposit growth, with annualized rates of 12.3% and 13.4%, respectively. The company prioritized risk management and took actions to position the balance sheet for higher interest rates.

Pacific Premier Bancorp reported a net income of $84.8 million for Q4 2021, with a return on average assets of 1.63% and loan growth of $315.8 million. The company delivered strong financial performance, growing tangible book value by 8.8% during 2021 and returning $140 million of capital to shareholders.

Pacific Premier Bancorp reported a net income of $90.1 million, or $0.95 per diluted share, for the third quarter of 2021. Total revenue increased to $199.2 million. Loan and deposit growth were strong at 11.5% and 10.7% annualized, respectively.

Pacific Premier Bancorp, Inc. reported a strong second quarter of 2021, with net income of $96.3 million, or $1.01 per diluted share. The company saw growth in tangible book value, a solid net interest margin, and a low cost of deposits. Loan production increased significantly, and asset quality remained strong.

Pacific Premier Bancorp reported a net income of $68.7 million, or $0.72 per diluted share, for the first quarter of 2021. The company's performance was driven by effective cost management, exceptional asset quality, and a high level of profitability. The company also increased its common stock dividend to $0.33 per share.

Pacific Premier Bancorp reported a net income of $67.1 million for Q4 2020, with a return on average assets of 1.34% and an increased quarterly cash dividend to $0.30 per share. The company also approved a new $150 million share repurchase program.

Pacific Premier Bancorp reported a net income of $66.6 million, or $0.70 per diluted share, for the third quarter of 2020. The company's return on average assets was 1.31%, return on average equity was 9.90%, and return on average tangible common equity was 16.44%. The net interest margin was 3.54%, and the core net interest margin was 3.23%.

Pacific Premier Bancorp reported a net loss of $99.1 million, or $1.41 per diluted share, for the second quarter of 2020. The results were impacted by a provision for credit losses of $160.6 million and merger-related costs of $39.3 million related to the Opus acquisition.

Pacific Premier Bancorp reported a net income of $25.7 million for Q1 2020, with a return on average assets of 0.89%. The results were impacted by a $25.5 million provision for credit losses due to the COVID-19 pandemic.

Pacific Premier Bancorp reported a net income of $41.1 million for Q4 2019, with a return on average assets of 1.42% and a return on average tangible common equity of 15.89%. The company's net interest margin was 4.33%, and it saw growth in non-maturity deposits. A new $100 million share repurchase program was approved, and the quarterly cash dividend was increased to $0.25 per share.