Columbia Banking System and Pacific Premier Bancorp Announce $2 Billion Merger

New activity is brewing for Pacific Premier Bancorp ( (PPBI) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.

On April 23, 2025, Columbia Banking System, Inc. and Pacific Premier Bancorp, Inc. announced a merger agreement to create a leading West Coast banking franchise with $69 billion in assets. The merger, valued at approximately $2 billion, involves an exchange of shares and aims to enhance the companies’ market presence across multiple states. The merger is expected to be completed following shareholder meetings on July 21, 2025, where stockholders will vote on the proposals. The merger is anticipated to have significant implications for stakeholders, including a reorganization under the Internal Revenue Code, and will result in Columbia shareholders owning approximately 70% of the combined entity.

The most recent analyst rating on (PPBI) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Pacific Premier Bancorp stock, see the PPBI Stock Forecast page.

Spark’s Take on PPBI Stock

According to Spark, TipRanks’ AI Analyst, PPBI is a Outperform.

Pacific Premier Bancorp’s strong financial performance and attractive valuation are complemented by a positive corporate event in the form of a merger, contributing significantly to its overall score. Technical analysis provides a neutral view, indicating a balanced market perception.

To see Spark’s full report on PPBI stock, click here.

More about Pacific Premier Bancorp

Pacific Premier Bancorp, Inc. is a financial services company operating in the banking industry. It provides a range of banking products and services, focusing on commercial banking and serving customers across various states including California, Oregon, Washington, and others.

Average Trading Volume: 984,968

Technical Sentiment Signal: Sell

Current Market Cap: $2B

For detailed information about PPBI stock, go to TipRanks’ Stock Analysis page.