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Sep 30, 2021
Pacific Premier Q3 2021 Earnings Report
Reported net income of $90.1 million and total revenue increased to $199.2 million.
Key Takeaways
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.
Net income was $90.1 million, or $0.95 per diluted share.
Total revenue increased to $199.2 million, compared with $187.7 million in the prior quarter.
Loan and deposit growth of 11.5% and 10.7%, annualized, respectively.
Net interest margin of 3.51%, compared with 3.44% in the prior quarter
Pacific Premier
Pacific Premier
Forward Guidance
Based on our actual and projected level of earnings for 2021, our estimated effective tax rate for the full year is expected to be in the range of 26 to 27%.