Pacific Premier Bancorp (PPBI)

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.

PPBI stock data

Analyst ratings and price targets

Last 3 months


6 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
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
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

Beta Read what these cash burn values mean

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
91.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 222 234 -5.1%
Opened positions 20 27 -25.9%
Closed positions 32 21 +52.4%
Increased positions 78 73 +6.8%
Reduced positions 88 88
13F shares Current Prev Q Change
Total value 6.73B 7.63B -11.8%
Total shares 86.86M 87.12M -0.3%
Total puts 100 0 NEW
Total calls 28K 0 NEW
Total put/call ratio 0.0
Largest owners Shares Value Change
BLK Blackrock 13.91M $491.62M +1.3%
Vanguard 10.99M $388.61M +3.5%
TROW T. Rowe Price 5.67M $200.36M +0.4%
Dimensional Fund Advisors 5.1M $180.29M +1.2%
STT State Street 4.74M $167.73M +10.5%
American Century Companies 2.79M $98.79M +11.9%
Cardinal Capital Management 2.37M $83.84M -5.0%
IVZ Invesco 1.92M $68.01M +8.4%
MCQEF Macquarie 1.85M $65.51M -8.7%
Geode Capital Management 1.73M $61.04M +2.7%
Largest transactions Shares Bought/sold Change
Norges Bank 0 -864.33K EXIT
STT State Street 4.74M +452.22K +10.5%
Vanguard 10.99M +366.91K +3.5%
Millennium Management 0 -310.19K EXIT
American Century Companies 2.79M +296.91K +11.9%
First Trust Advisors 372.6K +226.23K +154.6%
State Of Wisconsin Investment Board 195.1K +195.1K NEW
Brown Advisory 1.55M +183.32K +13.4%
MCQEF Macquarie 1.85M -176.58K -8.7%
BLK Blackrock 13.91M +174.65K +1.3%

Financial report summary

Luther Burbank
  • 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

H.S. sophomore Bad
New words: advisory, AFS, arithmetic, carefully, Carlo, Climate, entitled, extension, feedback, fewer, firm, footprint, grantee, growing, heightened, HTM, inflation, introduce, investee, landscape, marketplace, Monte, nonprepayable, overnight, pending, Prime, proceeding, profitability, quantify, receipt, recession, reconciling, redeploy, remix, rollforward, Russia, standby, stipulated, taxation, Ukraine, uninsured, wane, war
Removed: accurately, activated, adding, addressed, advance, aid, ALLL, amend, American, analyze, assistance, ATM, August, automatically, Baa, began, beneficial, billed, branch, buyer, CA, CAA, calculating, callable, called, capability, capture, cardholder, carryback, carryforward, carryover, CDC, CDI, CFPB, channel, clarification, clarify, Codification, combat, committed, comply, conclude, conditional, conducting, conform, consummation, contact, Continuity, conversion, convertible, criterion, custody, cycle, dated, decelerating, declaration, deepen, deficiency, depend, detail, disbursed, discontinuing, Disease, disparate, disregarded, distancing, economically, effort, embedded, employ, employee, employment, enabled, enacted, energy, entering, erecting, establish, exchanged, execute, exempt, expedient, expired, factoring, fail, forma, formed, fractional, freestanding, governed, gradually, guarantee, headquartered, Heritage, historic, history, illustrative, impacting, Imprecision, improve, improvement, indirect, integration, interaction, interagency, issuing, joint, junior, legislation, lend, lieu, LLC, long, low, Lucia, maintaining, margining, mark, merchant, merge, merged, merger, migrated, modest, monthly, moratorium, nearby, neighboring, network, nonfinancial, Nonrefundable, noted, occurred, Open, operated, opportunity, originally, outlined, paragraph, participant, Participated, Paycheck, penalty, PENSCO, personal, personnel, physical, Plaza, pooled, positively, possession, PPP, practical, predicted, preliminary, preparing, presence, President, principle, pro, processed, processing, produced, producing, production, promote, protect, protective, proximity, reclassified, recognizable, reconfigured, recording, redeemed, reevaluate, referral, refinement, relation, relinquished, remained, removal, removed, removing, reorganize, repurchased, Rescue, residual, resource, restaurant, resulted, retirement, round, safety, Santa, saved, seasoned, segregated, served, shutdown, simplify, Simplifying, situation, social, sooner, stable, step, stream, successor, superior, surrendered, surviving, suspend, tailor, taxing, team, temporarily, termination, treatment, trillion, trustee, unconsolidated, underestimating, undisbursed, unprecedented, unused, vaccination, valuable, whichever, widely, wire, withholding, work, worldwide