Pacific Premier Bancorp (PPBI) AI Stock Analysis

• Market Cap: $2.08B
• Dividend Yield: 6.15%
• Average Volume (3M): 800.86K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 1.13
• Revenue Growth: 23.09%
• EPS Growth: 1086.91%
• Country: US
• Employees: 1,325
• Sector: Financial
• Sector Strength: 77
• Industry: Banks - Regional
• EPS (TTM): 0.39
• Shares Outstanding: 97,058,540
• 10 Day Avg. Volume: 848,672
• 30 Day Avg. Volume: 800,862
• PEG Ratio: 0.85
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.00
• Enterprise Value/Market Cap: 1.14
• Enterprise Value/Revenue: 0.69
• Enterprise Value/Gross Profit: 4.15
• Enterprise Value/Ebitda: 5.06
• 1Y Price Target: $25.17
• Price Target Upside: 18.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 70 Outperform
• Price Target: $23.50 ▲(10.48%Upside)

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.

Pacific Premier Bancorp Business Overview & Revenue Model

Company Description

Pacific Premier Bancorp, Inc. (PPBI) is a publicly traded bank holding company headquartered in Irvine, California. It operates through its wholly owned subsidiary, Pacific Premier Bank, providing a range of financial products and services to small and middle-market businesses, professionals, and individuals throughout the United States. The bank offers deposit products, commercial and residential real estate loans, commercial business loans, construction loans, and consumer loans, as well as treasury management and online banking services.

How the Company Makes Money

Pacific Premier Bancorp generates revenue primarily through interest income from its loan portfolio, which includes commercial real estate loans, residential real estate loans, and commercial business loans. The company also earns fee income from various banking services, such as treasury management, deposit account services, and loan servicing fees. Additionally, Pacific Premier Bancorp invests in securities, which contribute to its interest income. Its earnings are further supported by managing interest rate spreads between the interest it pays on deposits and the interest it earns on loans and investments. Key factors influencing the company's earnings include the economic environment, interest rate changes, and demand for banking services.

Pacific Premier Bancorp Financial Statement Overview

Summary

Pacific Premier Bancorp shows strong revenue growth and profitability improvements with a solid balance sheet. However, the decline in the equity ratio and the decrease in free cash flow indicate areas needing attention.

Income Statement

Pacific Premier Bancorp experienced a significant increase in total revenue from the previous year, indicating strong growth. The net profit margin improved considerably, reflecting better profitability. However, fluctuations in EBIT and EBITDA margins suggest some variability in operational efficiency.

Balance Sheet

The company's balance sheet shows a strong equity position with no debt in the latest year, enhancing stability. The return on equity is solid, indicating effective use of equity capital. However, the equity ratio declined slightly, suggesting increased leverage over time.

Cash Flow

Operating cash flow remains strong, supporting the company's ability to generate cash from operations. The free cash flow decreased compared to the prior year, indicating potential challenges in maintaining cash reserves. The free cash flow to net income ratio is healthy, but the overall cash flow dynamics indicate room for improvement.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
836.42M	853.39M	672.35M	834.07M	784.47M	678.82M
	Gross Profit
571.13M	562.98M	399.27M	762.60M	820.98M	430.49M
	EBIT
196.31M	817.50M	34.04M	455.82M	460.82M	180.74M
	EBITDA
218.77M	235.31M	60.19M	413.09M	492.74M	103.02M
	Net Income Common Stockholders
147.80M	158.80M	30.85M	283.74M	339.89M	60.35M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	1.80B	936.47M	3.70B	4.58B	4.81B
	Total Assets
18.09B	17.90B	19.03B	21.69B	21.09B	19.74B
	Total Debt
272.58M	272.45M	931.84M	1.33B	888.57M	532.51M
	Net Debt
272.58M	-338.13M	-5.63M	228.22M	581.65M	-351.10M
	Total Liabilities
15.12B	14.95B	16.14B	18.89B	888.57M	532.51M
	Stockholders Equity
2.97B	2.96B	2.88B	2.80B	2.89B	2.75B
Cash Flow		Free Cash Flow
188.44M	222.79M	244.37M	403.56M	310.93M	200.89M
	Operating Cash Flow
191.17M	226.46M	250.98M	411.03M	320.21M	212.30M
	Investing Cash Flow
461.57M	764.23M	2.47B	-160.09M	-2.01B	570.48M
	Financing Cash Flow
-913.09M	-1.32B	-2.89B	545.61M	1.11B	-228.87M

Pacific Premier Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 21.27
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PPBI, the sentiment is Negative. The current price of 21.27 is below the 20-day moving average (MA) of 21.46, above the 50-day MA of 20.64, and below the 200-day MA of 23.46, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 49.86 is Neutral, neither overbought nor oversold. The STOCH value of 63.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PPBI.

Pacific Premier Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBCF	76 Outperform	$2.24B	17.51	5.82%	2.77%	4.52%	7.58%
NBTB	74 Outperform	$2.20B	13.91	9.55%	3.23%	12.11%	16.67%
PPBI	70 Outperform	$2.08B	14.02	4.94%	6.15%	23.09%	1086.91%
HTH	70 Outperform	$1.97B	15.62	5.89%	2.36%	0.59%	14.96%
SYBT	65 Neutral	$2.24B	18.40	13.18%	1.63%	14.34%	16.24%
FBK	65 Neutral	$2.01B	16.16	8.27%	1.73%	3.30%	14.32%
Sector *	65 Neutral	$12.93B	9.81	7.84%	78.03%	12.20%	-7.74%

Pacific Premier Bancorp Corporate Events

Pacific Premier Bancorp Approves Key Proposals at Annual Meeting

On May 19, 2025, Pacific Premier Bancorp, Inc. held its Annual Meeting of Stockholders, where several key proposals were approved. Notably, an amendment to the 2022 Long-Term Incentive Plan was approved, increasing the number of shares reserved for issuance by 2,000,000. Additionally, the election of eleven directors, the approval of executive compensation, and the appointment of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2025, were ratified. These decisions are expected to impact the company’s operational strategies and governance structure.

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.

Pacific Premier Bancorp Proposes Share Increase Amendment

On April 7, 2025, Pacific Premier Bancorp, Inc. issued a proxy statement for its upcoming Annual Meeting of Stockholders on May 19, 2025, proposing an amendment to increase shares available under its Long-Term Incentive Plan by 2,000,000 shares. The company provided updated information to assist shareholders and Institutional Shareholder Services in evaluating this proposal, highlighting a significant decrease in available shares from December 31, 2024, to March 31, 2025, which affects cost assessments and shareholder value transfer.

Pacific Premier Bancorp Announces Merger with Columbia

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.

Pacific Premier Bancorp Announces Merger with Columbia

On April 23, 2025, Pacific Premier Bancorp and Columbia Banking System announced a definitive merger agreement, where Columbia will acquire Pacific Premier in an all-stock transaction valued at approximately $2 billion. The merger, which is expected to close in the second half of 2025, will create a leading regional bank in the Western U.S. with around $70 billion in assets, enhancing Columbia’s market presence and financial performance. The merger is projected to deliver significant financial benefits, including mid-teens EPS accretion for Columbia and improved profitability metrics. The combined company will also expand its product offerings and support local communities through enhanced services and charitable programs.