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Pacific Premier Bancorp ( (PPBI) ) just unveiled an announcement.
On April 23, 2025, Pacific Premier Bancorp, Inc. entered into a merger agreement with Columbia Banking System, Inc., resulting in a series of mergers where Pacific Premier will ultimately merge into Columbia, with Columbia as the surviving entity. The merger, which was unanimously approved by the boards of both companies, includes a stock exchange and cash compensation for Pacific Premier shareholders, and involves regulatory approvals and shareholder votes. Additionally, Pacific Premier’s CEO, Steven R. Gardner, will receive a $16.5 million bonus upon the merger’s completion, contingent on his continued employment.
Spark’s Take on PPBI Stock
According to Spark, TipRanks’ AI Analyst, PPBI is a Neutral.
Pacific Premier Bancorp’s overall score of 67 reflects a solid financial performance with notable revenue growth and strong balance sheet. The valuation is attractive with a high dividend yield. While the earnings call was positive, technical analysis indicates bearish momentum, requiring cautious optimism. The merger with Columbia adds a positive outlook for the future.
To see Spark’s full report on PPBI stock, click here.
More about Pacific Premier Bancorp
YTD Price Performance: -13.66%
Average Trading Volume: 860,712
Technical Sentiment Signal: Buy
Current Market Cap: $2.06B
Find detailed analytics on PPBI stock on TipRanks’ Stock Analysis page.