Pacific Premier Bancorp, Inc. is the parent company of Pacific Premier Bank, a California-based commercial bank focused on serving small, middle-market, and corporate businesses throughout the western United States in major metropolitan markets in California, Washington, Oregon, Arizona, and Nevada.

Company profile
Ticker
PPBI
Exchange
Website
CEO
Steven Gardner
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
LIFE FINANCIAL CORP
SEC CIK
Corporate docs
IRS number
330743196
PPBI stock data
News

Stocks That Hit 52-Week Lows On Tuesday
14 Jun 22
Stocks That Hit 52-Week Lows On Monday
13 Jun 22
Stocks That Hit 52-Week Lows On Wednesday
27 Apr 22
Raymond James Maintains Outperform on Pacific Premier Bancorp, Lowers Price Target to $41
27 Apr 22
Pacific Premier Bancorp: Q1 Earnings Insights
26 Apr 22
Press releases
Pacific Premier Bancorp, Inc. Announces First Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share
26 Apr 22
Pacific Premier Bancorp, Inc. to Announce First Quarter 2022 Financial Results on April 26, 2022
31 Mar 22
Pacific Premier Bancorp, Inc. Announces Addition to Board of Directors and Issues 2021 Corporate Social Responsibility Report
30 Mar 22
Analyst ratings and price targets
Calendar
6 May 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 809.26M | 809.26M | 809.26M | 809.26M | 809.26M | 809.26M |
Cash burn (monthly) | (no burn) | 62.12M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 178.51M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 630.75M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 10.2 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jun 22 | Garrett Joseph L | PPBI Common Stock | Gift | Dispose G | No | No | 0 | 660 | 0 | 82,415 |
10 May 22 | Garrett Joseph L | PPBI Common Stock | Sell | Dispose S | No | No | 31.21 | 2,500 | 78.03K | 83,075 |
10 May 22 | Garrett Joseph L | PPBI Common Stock | Option exercise | Acquire M | No | No | 7.87 | 2,500 | 19.68K | 85,575 |
10 May 22 | Garrett Joseph L | Options on PPBI Common Stock PPBI Common Stock | Option exercise | Dispose M | No | No | 7.87 | 2,500 | 19.68K | 0 |
31 Mar 22 | Michael S Karr | PPBI Common Stock | Payment of exercise | Dispose F | No | No | 35.35 | 1,580 | 55.85K | 91,970 |
31 Mar 22 | Steven R Gardner | PPBI Common Stock | Payment of exercise | Dispose F | No | No | 35.35 | 13,754 | 486.2K | 471,120 |
31 Mar 22 | Edward Earl Wilcox | PPBI Common Stock | Payment of exercise | Dispose F | No | No | 35.35 | 5,823 | 205.84K | 172,782 |
Institutional ownership, Q1 2022
91.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 222 |
Opened positions | 20 |
Closed positions | 32 |
Increased positions | 78 |
Reduced positions | 88 |
13F shares | Current |
---|---|
Total value | 6.73B |
Total shares | 86.86M |
Total puts | 100 |
Total calls | 28K |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 13.91M | $491.62M |
Vanguard | 10.99M | $388.61M |
TROW T. Rowe Price | 5.67M | $200.36M |
Dimensional Fund Advisors | 5.1M | $180.29M |
STT State Street | 4.74M | $167.73M |
American Century Companies | 2.79M | $98.79M |
Cardinal Capital Management | 2.37M | $83.84M |
IVZ Invesco | 1.92M | $68.01M |
MCQEF Macquarie | 1.85M | $65.51M |
Geode Capital Management | 1.73M | $61.04M |
Financial report summary
?Competition
Luther BurbankRisks
- Our ability to attract and retain qualified employees is critical to our success.
- Failure to keep pace with technological change could adversely affect our business.
- We are subject to liquidity risk, which could adversely affect our financial condition and results of operations.
Management Discussion
- (1) Dividend payout ratio is defined as common equity dividends declared per share divided by basic earnings per share.
- (2) Ratio is annualized.
- (3) Reconciliations of the non-GAAP measures are set forth in the Non-GAAP Measures section of the Management’s Discussion and Analysis of Financial Condition and Results of Operations in this Form 10-Q.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Bad
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Removed:
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Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
24 May 22
8-K
Regulation FD Disclosure
28 Apr 22
8-K
Pacific Premier Bancorp, Inc. Announces First Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share
25 Apr 22
8-K
Pacific Premier Bancorp, Inc. Announces Addition to Board of Directors and Issues 2021 Corporate Social Responsibility Report
30 Mar 22
8-K
Changes in Registrant's Certifying Accountant
21 Mar 22
8-K
Regulation FD Disclosure
7 Mar 22
8-K
Regulation FD Disclosure
16 Feb 22
8-K
Regulation FD Disclosure
1 Feb 22
8-K
Regulation FD Disclosure
25 Jan 22
8-K
Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2021 Financial Results and a Quarterly Cash Dividend of $0.33 per Share
19 Jan 22
Registration and prospectus
424B5
Prospectus supplement for primary offering
10 Jun 20
FWP
Free writing prospectus
9 Jun 20
424B5
Prospectus supplement for primary offering
9 Jun 20
425
Business combination disclosure
29 Apr 20
425
Business combination disclosure
27 Apr 20
S-4/A
Registration of securities issued in business combination transactions (amended)
6 Apr 20
425
Business combination disclosure
2 Apr 20
S-4
Registration of securities issued in business combination transactions
13 Mar 20
425
Business combination disclosure
12 Mar 20
425
Business combination disclosure
24 Feb 20
Proxies
DEFA14A
Additional proxy soliciting materials
11 May 22
DEFA14A
Additional proxy soliciting materials
13 Apr 22
DEFA14A
Additional proxy soliciting materials
7 Apr 21
DEFA14A
Additional proxy soliciting materials
8 Apr 20
DEFA14A
Additional proxy soliciting materials
9 Apr 19
DEF 14A
Definitive proxy
12 Apr 18
Other
EFFECT
Notice of effectiveness
8 Apr 20
CORRESP
Correspondence with SEC
5 Apr 20
UPLOAD
Letter from SEC
23 Mar 20
EFFECT
Notice of effectiveness
19 Apr 18
CORRESP
Correspondence with SEC
17 Apr 18
UPLOAD
Letter from SEC
11 Apr 18
EFFECT
Notice of effectiveness
27 Sep 17
CORRESP
Correspondence with SEC
25 Sep 17
UPLOAD
Letter from SEC
21 Sep 17
EFFECT
Notice of effectiveness
26 Feb 17
Ownership
4
PACIFIC PREMIER BANCORP / JOSEPH L GARRETT ownership change
24 Jun 22
4
PACIFIC PREMIER BANCORP / JOSEPH L GARRETT ownership change
11 May 22
4
PACIFIC PREMIER BANCORP / Sherri V. Scott ownership change
4 Apr 22
4
PACIFIC PREMIER BANCORP / James Allen Robinson Jr ownership change
4 Apr 22
4
PACIFIC PREMIER BANCORP / Margaret S. Ohlhaver ownership change
4 Apr 22
4
PACIFIC PREMIER BANCORP / Donn Bordon Jakosky ownership change
4 Apr 22
4
PACIFIC PREMIER BANCORP / Steven R Arnold ownership change
4 Apr 22
4
PACIFIC PREMIER BANCORP / EDWARD EARL WILCOX ownership change
1 Apr 22
4
PACIFIC PREMIER BANCORP / TOM RICE ownership change
1 Apr 22
4
PACIFIC PREMIER BANCORP / Ronald J. Jr. Nicolas ownership change
1 Apr 22
Transcripts
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
20 Jan 22
2021 Q3
Earnings call transcript
21 Oct 21
2021 Q2
Earnings call transcript
28 Jul 21
2021 Q1
Earnings call transcript
27 Apr 21
2020 Q4
Earnings call transcript
26 Jan 21
2020 Q3
Earnings call transcript
27 Oct 20
2020 Q2
Earnings call transcript
27 Jul 20
2020 Q1
Earnings call transcript
28 Apr 20
2019 Q4
Earnings call transcript
23 Jan 20
Reddit threads
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - February 3rd, 2022
3 Feb 22
Daily Discussion Thread - February 2nd, 2022
2 Feb 22
Daily Discussion Thread - February 1st, 2022
1 Feb 22
Daily Discussion Thread - January 31st, 2022
31 Jan 22
Daily Discussion Thread - January 20th, 2022
20 Jan 22
Daily Discussion Thread - January 19th, 2022
19 Jan 22