Pacific Premier Bancorp (PPBI) Posts Q2 EPS of $0.35
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Pacific Premier Bancorp, Inc. Announces Second Quarter 2017 Results (Unaudited)
July 25, 2017 6:00 AM EDTSecond Quarter 2017 Summary
Net income of $14.2 million, an increase of $4.7 million, or 49%, over the prior quarter Second quarter results include $10.1 million of merger-related expense Diluted earnings per share of $0.35 ROAA and ROATCE of 0.89% and 11.33%, respectively Efficiency ratio of 52% Closed acquisition of Heritage Oaks Bancorp effective April 1, 2017 Tangible book value of $13.83, an increase of 16.5% over the second quarter of 2016... More