Pacific Premier Bancorp (PPBI) Misses Q2 EPS by 4c

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Pacific Premier Bancorp, Inc. Announces Second Quarter 2016 Results (Unaudited)

July 20, 2016 6:00 AM EDT

Second Quarter 2016 Summary

Net income of $10.4 million, an increase of $1.8 million over the prior quarter, or 21.2% Diluted earnings per share of $0.37, an increase of $0.04 over the prior quarter, or 12.1% Net income of $10.7 million, or $0.38 per diluted share, adjusted for merger related expenses Growth in total loans of $72 million, 10% annualized Net interest margin expands to 4.51% Efficiency ratio of 54% and noninterest expense as a percent of assets of 2.59%... More