Pacific Premier Bancorp (PPBI) Misses Q2 EPS by 1c

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Pacific Premier Bancorp, Inc. Announces Second Quarter 2018 Results (Unaudited)

July 24, 2018 6:00 AM EDT

Second Quarter 2018 Summary

Net income of $27.3 million Diluted earnings per share of $0.58 ROAA and ROATCE of 1.35% and 15.42%, respectively Efficiency ratio of 53.0% Net interest margin of 4.41%, core net interest margin expands to 4.29% New loan commitments of $530 million Business loans increase 9.5% annualized Closed acquisition of Grandpoint Capital, Inc., effective July 1, 2018... More