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