Pacific Premier Bancorp (PPBI) Posts Q4 EPS of $0.36

Pacific Premier Bancorp (NASDAQ: PPBI) reported Q4 EPS of $0.36, which may not compare to the analyst estimate of $0.51.

• Net income of $16.2 million, or $0.36 per diluted share
• Net income includes $5.6 million in deferred tax asset revaluation charges and $5.4 million in merger-related expense
• ROAA of 0.87% and ROATCE of 10.48%
• Efficiency ratio of 48.2%
• Net interest margin of 4.56%
• Tangible book value per share increased to $15.26, 6% higher than the third quarter of 2017
• Completed the acquisition of Plaza Bancorp
• New loan commitments of $648 million
• Non-maturity deposits increased $797 million, to 82% of total deposits

For earnings history and earnings-related data on Pacific Premier Bancorp (PPBI) click here.

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